Madagascar: Oil revenue
* indicates monthly or quarterly data series
Madagascar |
Revenue minus production cost of oil, percent of GDP |
---|---|
Latest value | 0.08 |
Year | 2021 |
Measure | percent |
Data availability | 1980 - 2021 |
Average | 0.02 |
Min - Max | 0.00 - 0.13 |
Source | The World Bank |
The latest value from 2021 is 0.08 percent, an increase from 0.05 percent in 2020. In comparison, the world average is 2.69 percent, based on data from 181 countries. Historically, the average for Madagascar from 1980 to 2021 is 0.02 percent. The minimum value, 0 percent, was reached in 1980 while the maximum of 0.13 percent was recorded in 2018.
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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.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Gasoline prices | 1.11 | 2016 | dollars |
Diesel prices | 0.93 | 2016 | dollars |
Share of clean energy | 83.10 | 2022 | percent |
Carbon dioxide (CO2) emissions | 2,745 | 2020 | kt |
Carbon dioxide (CO2) emissions per capita | 0.10 | 2020 | metric tons |
Greenhouse gas emissions | 30,566 | 2020 | kt of CO2 equivalent |
Natural resources income | 5.53 | 2021 | percent |
Oil revenue | 0.08 | 2021 | percent |
Natural gas revenue | 0.00 | 2021 | percent |
Access to electricity | 36.10 | 2022 | percent |