Countries Most Dependent on Oil Revenue (2026) (2021)
Source: World Bank·25 countries·Updated 2021
Oil-dependent economies face volatile revenue and "Dutch disease" challenges. {#1} derives {#1_value} of GDP from oil.
Libya leads with oil rents (% of gdp) of 56.38%.
Iraq ranks #2 at 42.79%.
Congo, Rep. ranks #3 at 34.38%.
Angola ranks #4 at 28.27%.
Kuwait ranks #5 at 27.58%.
Top 25 Countries by Oil Rents (% of GDP)
| # | Country | Oil Rents (% of GDP) | Year |
|---|---|---|---|
| 1 |  Libya | 56.38% | 2021 |
| 2 |  Iraq | 42.79% | 2021 |
| 3 |  Congo, Rep. | 34.38% | 2021 |
| 4 |  Angola | 28.27% | 2021 |
| 5 |  Kuwait | 27.58% | 2020 |
| 6 |  Saudi Arabia | 23.69% | 2021 |
| 7 |  Oman | 23.54% | 2021 |
| 8 |  Guyana | 22.08% | 2021 |
| 9 |  Azerbaijan | 20.98% | 2021 |
| 10 |  Iran, Islamic Rep. | 18.27% | 2021 |
| 11 |  Chad | 16.75% | 2021 |
| 12 |  United Arab Emirates | 15.67% | 2021 |
| 13 |  Gabon | 15.56% | 2021 |
| 14 |  Qatar | 15.28% | 2021 |
| 15 |  Equatorial Guinea | 14.94% | 2021 |
| 16 |  Kazakhstan | 14.84% | 2021 |
| 17 |  Algeria | 14.46% | 2021 |
| 18 |  Bahrain | 10.94% | 2021 |
| 19 |  Brunei Darussalam | 10.37% | 2021 |
| 20 |  Russian Federation | 9.67% | 2021 |
| 21 |  Suriname | 7.93% | 2021 |
| 22 |  Ecuador | 6.40% | 2021 |
| 23 |  Nigeria | 6.25% | 2021 |
| 24 |  Norway | 6.06% | 2021 |
| 25 |  Turkmenistan | 5.85% | 2019 |
Data from 197 countries is available. View full rankings →
FAQ
What is the highest oil rents (% of gdp) in 2021?
Libya has the highest oil rents (% of gdp) at 56.38% in 2021.
How many countries are included in this ranking?
This article features the top 25 countries out of 197 with available data. Full rankings available on the indicator page.
Where does this data come from?
Data is sourced from the World Bank. It is updated regularly as new releases become available.