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Italy

Revenue Minus Production Cost Of Oil

0.06
percent of GDP
Source: IMF

Global Ranking

71
Hungary0.15
71
Mozambique0.15
71
Guatemala0.15
74
Benin0.12
75
Turkey0.1
76
Madagascar0.06
76
Italy0.06
78
Philippines0.05
78
Lithuania0.05
80
Austria0.04
80
Poland0.04

Europe Ranking

8
Denmark0.4
9
Ukraine0.32
10
Croatia0.3
11
Estonia0.29
12
Hungary0.15
13
Italy0.06
14
Lithuania0.05
15
Poland0.04
15
Austria0.04
17
Georgia0.03
18
Greece0.02
18
Bulgaria0.02
18
Netherlands0.02

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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