The average share of GDP generated from oil rents in Russia increased by five percentage points (+106.16 percent) in 2021. The year 2021 therefore marks a significant change in the average share compared to the previous year. 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.
The source added the following information: 'Oil rents are the difference between the value of crude oil production at world prices and total costs of production.' Figures have been rounded.
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World Bank. (May 30, 2024). Oil rents as percentage of gross domestic product (GDP) in Russia from 2011 to 2021 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1026640/russia-oil-rents-share-of-gdp/
World Bank. "Oil rents as percentage of gross domestic product (GDP) in Russia from 2011 to 2021." Chart. May 30, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1026640/russia-oil-rents-share-of-gdp/
World Bank. (2024). Oil rents as percentage of gross domestic product (GDP) in Russia from 2011 to 2021. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1026640/russia-oil-rents-share-of-gdp/
World Bank. "Oil Rents as Percentage of Gross Domestic Product (Gdp) in Russia from 2011 to 2021." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/1026640/russia-oil-rents-share-of-gdp/
World Bank, Oil rents as percentage of gross domestic product (GDP) in Russia from 2011 to 2021 Statista, https://www.statista.com/statistics/1026640/russia-oil-rents-share-of-gdp/ (last visited July 22, 2024)
Oil rents as percentage of gross domestic product (GDP) in Russia from 2011 to 2021 [Graph], World Bank, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/1026640/russia-oil-rents-share-of-gdp/