Oil rents as a share of GDP in Algeria 2002-2021

Published by Statista Research Department, Apr 8, 2024
The average share of GDP generated from oil rents in Algeria increased by 5.4 percentage points (+59.73 percent) since the previous year. This was a significant increase in the average share.
Oil rents are estimated from the difference between the value of crude oil production at regional prices and the total costs of production. Values are expressed as a share of gross domestic product.

Find more key insights for the average share of GDP generated from oil rents in countries like Libya.

Oil rents as a percentage of Gross Domestic Product (GDP) in Algeria from 2002 to 2021

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Release date

March 2024

Region

Algeria

Survey time period

2002 to 2021

Supplementary notes

Figures have been rounded.
Data are estimates.

Oil rents correspond to the profit of selling oil minus the cost of production.

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