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Data

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Georgia

Revenue Minus Production Cost Of Oil

0.03
percent of GDP
Source: IMF

Global Ranking

78
Philippines0.05
78
Lithuania0.05
80
Poland0.04
80
Austria0.04
82
Tajikistan0.03
82
Georgia0.03
84
Netherlands0.02
84
Bangladesh0.02
84
Chile0.02
84
Kenya0.02
84
Greece0.02
84
Bulgaria0.02

Europe Ranking

12
Hungary0.15
13
Italy0.06
14
Lithuania0.05
15
Poland0.04
15
Austria0.04
17
Georgia0.03
18
Netherlands0.02
18
Bulgaria0.02
18
Greece0.02
21
France0.01
21
Germany0.01
21
Czech Republic0.01

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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