Russia: Oil revenue

(measure: percent; Source: The World Bank)

Russia: Revenue minus production cost of oil, percent of GDP

: For that indicator, The World Bank provides data for Russia from 1989 to 2016. The average value for Russia during that period was 8.14 percent with a minumum of 1.4 percent in 1998 and a maximum of 14.32 percent in 2000. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: Oil rents are the difference between the value of crude oil production at world prices and total costs of production.
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