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Oil Rents (As % of GDP) in Australia

Source: World Bank
Last Updated: July 1, 2023

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.

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