Turkmenistan TM: Oil Rents: % of GDP

Turkmenistan TM: Oil Rents: % of GDP data was reported at 5.519 % in 2016. This records an increase from the previous number of 5.046 % for 2015. Turkmenistan TM: Oil Rents: % of GDP data is updated yearly, averaging 12.104 % from Dec 1992 (Median) to 2016, with 25 observations. The data reached an all-time high of 28.376 % in 2000 and a record low of 2.548 % in 1998. Turkmenistan TM: Oil Rents: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank: 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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