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Arab World Oil rents (% of GDP) 2026: Interactive Chart & Historical Data

Oil rents (% of GDP) in Arab World stood at 17.28% in 2021, according to World Bank. The latest value is up 5.83 percentage points from 11.46% in 2020. Ten years earlier, in 2011, the value was 32.63% (down 15.35 percentage points since). The highest value since 1970 was 57.56% in 1979, the lowest 11.46% in 2020.

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 Arab World. 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 Arab World, 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 Arab World?

Oil rents (% of GDP) in Arab World stood at 17.28% in 2021, according to World Bank.

Is Oil rents (% of GDP) in Arab World rising or falling?

The latest value is up 5.83 percentage points from 11.46% in 2020. Ten years earlier, in 2011, the value was 32.63% (down 15.35 percentage points since).

What is the highest Oil rents (% of GDP) on record in Arab World?

The highest value since 1970 was 57.56% in 1979, the lowest 11.46% in 2020.

Metadata for Oil rents (% of GDP) in Arab World
IndicatorOil rents (% of GDP)
CountryArab World
CategoryCommodities and Energy
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 17.28% (2021)

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Cite this chart
APA

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

MLA

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

Chicago

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

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