In 2021, the average share of GDP generated from oil rents in the United Arab Emirates increased by 5.2 percentage points (+49.57 percent) since 2020. In total, the average share amounted to 15.67 percent in 2021. This increase was preceded by a declining average share. 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.
Find more key insights for the average share of GDP generated from oil rents in countries like Bahrain and Saudi Arabia.
Share of the gross domestic product generated from oil rents in the United Arab Emirates from 2012 to 2021
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Share of GDP
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World Bank. (May 30, 2024). Share of the gross domestic product generated from oil rents in the United Arab Emirates from 2012 to 2021 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1303731/uae-oil-rent-share-of-gdp/
World Bank. "Share of the gross domestic product generated from oil rents in the United Arab Emirates from 2012 to 2021." Chart. May 30, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1303731/uae-oil-rent-share-of-gdp/
World Bank. (2024). Share of the gross domestic product generated from oil rents in the United Arab Emirates from 2012 to 2021. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1303731/uae-oil-rent-share-of-gdp/
World Bank. "Share of The Gross Domestic Product Generated from Oil Rents in The United Arab Emirates from 2012 to 2021." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/1303731/uae-oil-rent-share-of-gdp/
World Bank, Share of the gross domestic product generated from oil rents in the United Arab Emirates from 2012 to 2021 Statista, https://www.statista.com/statistics/1303731/uae-oil-rent-share-of-gdp/ (last visited July 22, 2024)
Share of the gross domestic product generated from oil rents in the United Arab Emirates from 2012 to 2021 [Graph], World Bank, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/1303731/uae-oil-rent-share-of-gdp/