Ecuador: Oil revenue
* indicates monthly or quarterly data series
| Ecuador |
Revenue minus production cost of oil, percent of GDP |
|---|---|
| Latest value | 4.39 |
| Reference | 2020 |
| Measure | percent |
| Source | The World Bank |
For that indicator, we provide data for Ecuador from 1970 to 2020. The average value for Ecuador during that period was 8.3 percent with a minimum of 0.03 percent in 1970 and a maximum of 18.53 percent in 2008.
The latest value from 2020 is 4.39 percent. For comparison, the world average in 2020 based on 181
countries is 2.12 percent.
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* indicates monthly or quarterly data series
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Definition: Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.