Norway - Oil Rents
Since 2014, Norway Oil Rents fell by 4.4points year on year. In 2019, the country was ranked number 27 comparing other countries in Oil Rents with 4.49 Percent of GDP. Norway is overtaken by Sudan, which was number 26 with 4.56 Percent of GDP and is followed by Egypt with 4.37 Percent of GDP. Republic of the Congo lead the ranking with 43.88 Percent of GDP in 2019, -12.2points compared to 2018. Iraq, Kuwait and Libya respectively ranked number 2, 3 and 4 in this ranking. Greece witnessed the best average annual growth at +20.4points per year, while Mauritania recorded the worst performance at -100points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 4.49 |
| 2018 | 5.24 |
| 2017 | 3.76 |
| 2016 | 2.70 |
| 2015 | 3.14 |
Download all data from 1971 to 2019
How does Norway rank in Oil Rents?
| # | 104 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Republic of the Congo
|
43.88 % | 2019 | -12.2 % | +4.5 % | View data | |
| 2 |
#2
Iraq
|
41.37 % | 2019 | -8.9 % | -1.9 % | View data | |
| 26 |
#26
Sudan
|
4.56 % | 2019 | -28.6 % | +5.3 % | View data | |
| 27 |
#27
Norway
|
4.49 % | 2019 | -14.3 % | -4.4 % | View data | |
| 28 |
#28
Egypt
|
4.37 % | 2019 | -17.3 % | -8.4 % | View data | |