Canada: Oil revenue

* indicates monthly or quarterly data series
 Canada

Revenue minus production cost of oil, percent of GDP

 Latest value 2.83
 Year 2021
 Measure percent
 Data availability 1970 - 2021
 Average 1.51
 Min - Max 0.03 - 5.02
 Source The World Bank
For that indicator, we provide data for Canada from 1970 to 2021. The average value for Canada during that period was 1.51 percent with a minimum of 0.03 percent in 2015 and a maximum of 5.02 percent in 1980. The latest value from 2021 is 2.83 percent. For comparison, the world average in 2021 based on 181 countries is 2.69 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Canada - Oil revenue - Recent values chart

Historical chart
Canada - Oil revenue - historical chart - 1970-2021




Definition: Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.


 Related indicators Latest value Reference Measure
 Gasoline prices 0.81 2016 dollars
 Diesel prices 0.73 2016 dollars
 Energy use per capita 7,631.34 2015 kilograms of oil equivalent
 Share of clean energy 23.85 2020 percent
 Energy use per $1000 GDP 160.63 2015 kilograms of oil equivalent
 Electricity from renewable sources, kWh 42,037.00 2015 million kWh
 Carbon dioxide (CO2) emissions 516,874 2020 kt
 Carbon dioxide (CO2) emissions per capita 13.60 2020 metric tons
 Greenhouse gas emissions 677,709 2020 kt of CO2 equivalent
 GDP per unit of energy 5.85 2015 GDP per kg of oil equivalent
 Energy imports -72.53 2015 percent
 Natural resources income 4.95 2021 percent
 Oil revenue 2.83 2021 percent
 Natural gas revenue 0.79 2021 percent
 Access to electricity 100.00 2021 percent
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