New Caledonia: Oil revenue
* indicates monthly or quarterly data series
| New Caledonia |
Revenue minus production cost of oil, percent of GDP |
|---|---|
| Latest value | 0 |
| Reference | 2019 |
| Measure | percent |
| Source | The World Bank |
For that indicator, we provide data for New Caledonia from 1980 to 2019. The average value for New Caledonia during that period was 0 percent with a minimum of 0 percent in 1980 and a maximum of 0 percent in 1980.
The latest value from 2019 is 0 percent. For comparison, the world average in 2019 based on 184
countries is 2.83 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.