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Oil rents as a share of GDP in Algeria 2001-2020

Published by Statista Research Department, Mar 10, 2023
The average share of GDP generated from oil rents in Algeria declined to 10.19 percent in 2020. This means a decline of 4.1 percentage points in comparison to the previous year.

The estimates of natural resource rents are calculated as the difference between the price of a commodity and the average cost of producing it. For oil rents, this is estimated by subtracting the total costs of crude oil production from the value of production at regional prices.
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 2001 to 2020

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Source

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Release date

March 2023

Region

Algeria

Survey time period

2001 to 2020

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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Statistics on " Oil industry in Algeria "

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Statistics on Oil industry in Algeria

Global overview

4

Africa overview

6

Economic contribution

4

Exploration and production

4

Refining

4

Trade

5

Prices

4

Demand and consumption

3

Sonatrach

4

Further related statistics

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Topics

Oil industry in AlgeriaEmployment in AlgeriaKey economic indicators of AlgeriaOil and natural gas industry in AfricaNatural gas industry in Algeria
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