As of 2020, Libya had the highest oil revenues as a share of Gross Domestic Product (GDP) in Africa. Revenues corresponded to nearly 53 percent of the country's GDP in that year. On the continent, Gabon and Chad followed with revenues from the oil sector reaching around 37 percent and 31 percent of the GDP, respectively.
Oil revenue as a share of Gross Domestic Product (GDP) of main oil producing countries in Africa in 2020
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AUC. (April 6, 2021). Oil revenue as a share of Gross Domestic Product (GDP) of main oil producing countries in Africa in 2020 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1235000/oil-revenue-as-share-of-gdp-in-africa-by-country/
AUC. "Oil revenue as a share of Gross Domestic Product (GDP) of main oil producing countries in Africa in 2020." Chart. April 6, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1235000/oil-revenue-as-share-of-gdp-in-africa-by-country/
AUC. (2021). Oil revenue as a share of Gross Domestic Product (GDP) of main oil producing countries in Africa in 2020. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1235000/oil-revenue-as-share-of-gdp-in-africa-by-country/
AUC. "Oil Revenue as a Share of Gross Domestic Product (Gdp) of Main Oil Producing Countries in Africa in 2020." Statista, Statista Inc., 6 Apr 2021, https://www.statista.com/statistics/1235000/oil-revenue-as-share-of-gdp-in-africa-by-country/
AUC, Oil revenue as a share of Gross Domestic Product (GDP) of main oil producing countries in Africa in 2020 Statista, https://www.statista.com/statistics/1235000/oil-revenue-as-share-of-gdp-in-africa-by-country/ (last visited December 22, 2024)
Oil revenue as a share of Gross Domestic Product (GDP) of main oil producing countries in Africa in 2020 [Graph], AUC, April 6, 2021. [Online]. Available: https://www.statista.com/statistics/1235000/oil-revenue-as-share-of-gdp-in-africa-by-country/
