Oil rents (% of GDP) in Europe & Central Asia stood at 1.07% in 2021, according to World Bank. The latest value is up 0.57 percentage points from 0.5% in 2020. Ten years earlier, in 2011, the value was 1.52% (down 0.45 percentage points since). The highest value since 1970 was 1.52% in 2011, the lowest 0% in 1970.
Data source: World Bank · Unit: % · Category: Commodities and Energy · Explore more indicators on EconDash
Oil rents (% of GDP), measured in %, measures the total economic output of Europe & Central Asia. 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 Europe & Central Asia, 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.
Oil rents (% of GDP) in Europe & Central Asia stood at 1.07% in 2021, according to World Bank.
The latest value is up 0.57 percentage points from 0.5% in 2020. Ten years earlier, in 2011, the value was 1.52% (down 0.45 percentage points since).
The highest value since 1970 was 1.52% in 2011, the lowest 0% in 1970.
| Indicator | Oil rents (% of GDP) |
|---|---|
| Country | Europe & Central Asia |
| Category | Commodities and Energy |
| Unit | % |
| Source | World Bank |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
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World Bank. (2026). Oil rents (% of GDP) — Europe & Central Asia [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/ECS. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS
World Bank. "Oil rents (% of GDP) — Europe & Central Asia." EconDash, 2026, https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/ECS. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS.
World Bank. 2026. "Oil rents (% of GDP) — Europe & Central Asia." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/ECS. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS.
@misc{econdash_wdi_ny_gdp_petr_rt_zs_ecs,
author = {{World Bank}},
title = {{Oil rents (\% of GDP) --- Europe \& Central Asia}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/ECS},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS}
}Browse indicators available for Europe & Central Asia. Click any indicator to view its interactive chart, compare with other countries, and download historical data.
| Demographics | 29 indicators |
|---|---|
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