South Korea: Oil revenue

* indicates monthly or quarterly data series
 South Korea

Revenue minus production cost of oil, percent of GDP

 Latest value 0.03
 Year 2021
 Measure percent
 Data availability 1971 - 2021
 Average 0.01
 Min - Max 0.00 - 0.06
 Source The World Bank
For that indicator, we provide data for South Korea from 1971 to 2021. The average value for South Korea during that period was 0.01 percent with a minimum of 0 percent in 1971 and a maximum of 0.06 percent in 2011. The latest value from 2021 is 0.03 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
South Korea - Oil revenue - Recent values chart

Historical chart
South Korea - Oil revenue - historical chart - 1971-2021

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 value Reference Measure
 Gasoline prices 1.22 2016 dollars
 Diesel prices 1.05 2016 dollars
 Energy use per capita 5,413.35 2015 kilograms of oil equivalent
 Share of clean energy 3.63 2020 percent
 Energy use per $1000 GDP 139.42 2015 kilograms of oil equivalent
 Electricity from renewable sources, kWh 8,260.00 2015 million kWh
 Carbon dioxide (CO2) emissions 569,682 2020 kt
 Carbon dioxide (CO2) emissions per capita 10.99 2020 metric tons
 Greenhouse gas emissions 659,330 2020 kt of CO2 equivalent
 GDP per unit of energy 7.00 2015 GDP per kg of oil equivalent
 Energy imports 81.45 2015 percent
 Natural resources income 0.05 2021 percent
 Oil revenue 0.03 2021 percent
 Natural gas revenue 0.01 2021 percent
 Access to electricity 100.00 2021 percent
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