Iceland

Revenue Minus Production Cost Of Oil

0
percent of GDP
Dec 72Dec 76Dec 79Dec 82Dec 86Dec 89Dec 92Dec 95Dec 98Dec 01Dec 05Dec 09Dec 12Dec 15Dec 190.0001.0002.0003.0004.000
  • Iceland
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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