The average share of GDP generated from oil rents in Qatar increased by 4.7 percentage points (+44.34 percent) in 2021 in comparison to the previous year. In total, the average share amounted to 15.28 percent in 2021. This increase was preceded by a declining average share. 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 Saudi Arabia and Kuwait.
Share of the gross domestic product generated from oil rents in Qatar 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 Qatar from 2012 to 2021 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1303745/qatar-oil-rent-share-of-gdp/
World Bank. "Share of the gross domestic product generated from oil rents in Qatar from 2012 to 2021." Chart. May 30, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1303745/qatar-oil-rent-share-of-gdp/
World Bank. (2024). Share of the gross domestic product generated from oil rents in Qatar from 2012 to 2021. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1303745/qatar-oil-rent-share-of-gdp/
World Bank. "Share of The Gross Domestic Product Generated from Oil Rents in Qatar from 2012 to 2021." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/1303745/qatar-oil-rent-share-of-gdp/
World Bank, Share of the gross domestic product generated from oil rents in Qatar from 2012 to 2021 Statista, https://www.statista.com/statistics/1303745/qatar-oil-rent-share-of-gdp/ (last visited July 22, 2024)
Share of the gross domestic product generated from oil rents in Qatar from 2012 to 2021 [Graph], World Bank, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/1303745/qatar-oil-rent-share-of-gdp/