Oil rents as a percentage of gdp reached 0.254% in 2020 in Australia, according to EIA. This is 31.4% less than in the previous year.
Historically, oil rents as a percentage of GDP in Australia reached an all time high of 2.81% in 1979 and an all time low of 0.014% in 1970.
Australia has been ranked 56th within the group of 100 countries we follow in terms of oil rents as a percentage of GDP.
Buy annual subscriptions for all our products.