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Africa Eastern and Southern Oil rents (% of GDP) 2026: Interactive Chart & Historical Data

Oil rents (% of GDP) in Africa Eastern and Southern stood at 2.29% in 2021, according to World Bank. The latest value is up 0.97 percentage points from 1.32% in 2020. Ten years earlier, in 2011, the value was 7.26% (down 4.96 percentage points since). The highest value since 1971 was 10.63% in 2008, the lowest 0% in 1971.

Data source: World Bank · Unit: % · Category: Commodities and Energy · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1970–2021
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What is Oil rents (% of GDP)?

Oil rents (% of GDP), measured in %, measures the total economic output of Africa Eastern and Southern. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Africa Eastern and Southern, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Oil rents (% of GDP) in Africa Eastern and Southern?

Oil rents (% of GDP) in Africa Eastern and Southern stood at 2.29% in 2021, according to World Bank.

Is Oil rents (% of GDP) in Africa Eastern and Southern rising or falling?

The latest value is up 0.97 percentage points from 1.32% in 2020. Ten years earlier, in 2011, the value was 7.26% (down 4.96 percentage points since).

What is the highest Oil rents (% of GDP) on record in Africa Eastern and Southern?

The highest value since 1971 was 10.63% in 2008, the lowest 0% in 1971.

Metadata for Oil rents (% of GDP) in Africa Eastern and Southern
IndicatorOil rents (% of GDP)
CountryAfrica Eastern and Southern
CategoryCommodities and Energy
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 2.29% (2021)

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Source:World Bank — series NY.GDP.PETR.RT.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Oil rents (% of GDP) — Africa Eastern and Southern [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/AFE. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS

MLA

World Bank. "Oil rents (% of GDP) — Africa Eastern and Southern." EconDash, 2026, https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/AFE. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS.

Chicago

World Bank. 2026. "Oil rents (% of GDP) — Africa Eastern and Southern." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/AFE. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS.

BibTeX
@misc{econdash_wdi_ny_gdp_petr_rt_zs_afe,
  author = {{World Bank}},
  title = {{Oil rents (\% of GDP) --- Africa Eastern and Southern}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/AFE},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS}
}