Algeria

Revenue Minus Production Cost Of Oil

14.39
percent of GDP
Dec 72Dec 76Dec 79Dec 82Dec 86Dec 89Dec 93Dec 97Dec 01Dec 04Dec 07Dec 10Dec 13Dec 16Dec 190.00010.0020.0030.0040.00
  • Algeria
  • Global Median
Source: IMF

Definition of Revenue Minus Production Cost Of Oil

Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.

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