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Sub-Saharan Africa (IDA & IBRD countries) Oil rents (% of GDP) 2026: Interactive Chart & Historical Data

Oil rents (% of GDP) in Sub-Saharan Africa (IDA & IBRD countries) stood at 3.8% in 2021, according to World Bank. The latest value is up 1.64 percentage points from 2.17% in 2020. Ten years earlier, in 2011, the value was 9.97% (down 6.16 percentage points since). The highest value since 1971 was 12.12% in 2008, the lowest 0.1% 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 Sub-Saharan Africa (IDA & IBRD countries). 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 Sub-Saharan Africa (IDA & IBRD countries), 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 Sub-Saharan Africa (IDA & IBRD countries)?

Oil rents (% of GDP) in Sub-Saharan Africa (IDA & IBRD countries) stood at 3.8% in 2021, according to World Bank.

Is Oil rents (% of GDP) in Sub-Saharan Africa (IDA & IBRD countries) rising or falling?

The latest value is up 1.64 percentage points from 2.17% in 2020. Ten years earlier, in 2011, the value was 9.97% (down 6.16 percentage points since).

What is the highest Oil rents (% of GDP) on record in Sub-Saharan Africa (IDA & IBRD countries)?

The highest value since 1971 was 12.12% in 2008, the lowest 0.1% in 1971.

Metadata for Oil rents (% of GDP) in Sub-Saharan Africa (IDA & IBRD countries)
IndicatorOil rents (% of GDP)
CountrySub-Saharan Africa (IDA & IBRD countries)
CategoryCommodities and Energy
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Cite this chart
APA

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

MLA

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

Chicago

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

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