Gabon GA: Oil Rents: % of GDP

Gabon GA: Oil Rents: % of GDP data was reported at 10.368 % in 2016. This records an increase from the previous number of 9.322 % for 2015. Gabon GA: Oil Rents: % of GDP data is updated yearly, averaging 28.199 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 61.592 % in 1979 and a record low of 0.000 % in 1971. Gabon GA: Oil Rents: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Gabon – Table GA.World Bank.WDI: Land Use, Protected Areas and National Wealth. Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;

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