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Euro Area Oil rents (% of GDP) 2026: Interactive Chart & Historical Data

Oil rents (% of GDP) in Euro Area stood at 0.03% in 2021, according to World Bank. The latest value is up 0.01 percentage points from 0.01% in 2020. Ten years earlier, in 2011, the value was 0.04% (down 0.01 percentage points since). The highest value since 1970 was 0.08% in 1985, the lowest 0% in 1970.

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 Euro Area. 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 Euro Area, 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 Euro Area?

Oil rents (% of GDP) in Euro Area stood at 0.03% in 2021, according to World Bank.

Is Oil rents (% of GDP) in Euro Area rising or falling?

The latest value is up 0.01 percentage points from 0.01% in 2020. Ten years earlier, in 2011, the value was 0.04% (down 0.01 percentage points since).

What is the highest Oil rents (% of GDP) on record in Euro Area?

The highest value since 1970 was 0.08% in 1985, the lowest 0% in 1970.

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

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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) — Euro Area [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-ny-gdp-petr-rt-zs/EMU. Original source: https://data.worldbank.org/indicator/NY.GDP.PETR.RT.ZS

MLA

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

Chicago

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

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