Ecuador

Revenue Minus Production Cost Of Oil

6.68
percent of GDP
Dec 70Dec 73Dec 76Dec 79Dec 82Dec 85Dec 88Dec 91Dec 94Dec 97Dec 00Dec 03Dec 06Dec 09Dec 12Dec 15Dec 190.0005.00010.0015.0020.00
  • Ecuador
  • 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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