Oil rents as a percentage of GDP reached 0.011 % in 2017 in Germany, according to EIA. This is 36.1 % more than in the previous year.
Historically, oil rents as a percentage of GDP in Germany reached an all time high of 0.067 % in 1980 and an all time low of 0.002 % in 1998. When compared to Germany's main peers, oil rents as a percentage of GDP in Austria amounted to 0.032 %, 0.005 % in France and 0.035 % in Poland in 2017.
Germany has been ranked 91st within the group of 103 countries we follow in terms of oil rents as a percentage of GDP, 1 places behind the position seen 10 years ago.
Oil rents are the difference between the value of crude oil production at world prices and total costs of production.