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Azerbaijan

Revenue Minus Production Cost Of Oil

21.86
percent of GDP
Source: IMF

Global Ranking

4
Iraq39.62
5
Saudi Arabia28.86
6
Angola25.09
7
Oman24.88
8
Equatorial Guinea22.26
9
Azerbaijan21.86
10
Syria21.32
11
Iran20.41
12
Gabon18.8
13
Chad17.79
14
Qatar16.91

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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