The average share of GDP generated from oil rents in Algeria increased by 5.4 percentage points (+59.73 percent) compared to the previous year. The year 2021 therefore marks a significant change in the average share compared 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 2002 to 2021
Characteristic
Share of GDP
2021
14.46%
2020
9.04%
2019
14.14%
2018
15.94%
2017
12.16%
2016
10.03%
2015
11.75%
2014
19.32%
2013
20.87%
2012
22.6%
2011
25.03%
2010
21.99%
2009
19.9%
5%10%15%20%25%30%35%
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World Bank. (October 24, 2024). Oil rents as a percentage of Gross Domestic Product (GDP) in Algeria from 2002 to 2021 [Graph]. In Statista. Retrieved May 17, 2025, from https://www.statista.com/statistics/1180155/oil-rents-as-a-share-of-gdp-in-algeria/
World Bank. "Oil rents as a percentage of Gross Domestic Product (GDP) in Algeria from 2002 to 2021." Chart. October 24, 2024. Statista. Accessed May 17, 2025. https://www.statista.com/statistics/1180155/oil-rents-as-a-share-of-gdp-in-algeria/
World Bank. (2024). Oil rents as a percentage of Gross Domestic Product (GDP) in Algeria from 2002 to 2021. Statista. Statista Inc.. Accessed: May 17, 2025. https://www.statista.com/statistics/1180155/oil-rents-as-a-share-of-gdp-in-algeria/
World Bank. "Oil Rents as a Percentage of Gross Domestic Product (Gdp) in Algeria from 2002 to 2021." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/1180155/oil-rents-as-a-share-of-gdp-in-algeria/
World Bank, Oil rents as a percentage of Gross Domestic Product (GDP) in Algeria from 2002 to 2021 Statista, https://www.statista.com/statistics/1180155/oil-rents-as-a-share-of-gdp-in-algeria/ (last visited May 17, 2025)
Oil rents as a percentage of Gross Domestic Product (GDP) in Algeria from 2002 to 2021 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/1180155/oil-rents-as-a-share-of-gdp-in-algeria/
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