Barbados BB: Oil Rents: % of GDP

Barbados BB: Oil Rents: % of GDP data was reported at 0.309 % in 2021. This records an increase from the previous number of 0.118 % for 2020. Barbados BB: Oil Rents: % of GDP data is updated yearly, averaging 0.280 % from Dec 1974 (Median) to 2021, with 48 observations. The data reached an all-time high of 0.865 % in 1979 and a record low of 0.079 % in 2016. Barbados BB: Oil Rents: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Environmental: 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 World Bank's The Changing Wealth of Nations.;Weighted average;

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