Kuwait

Revenue Minus Production Cost Of Oil

42.14
percent of GDP
Dec 71Dec 74Dec 77Dec 81Dec 84Dec 87Dec 90Dec 93Dec 96Dec 99Dec 02Dec 05Dec 08Dec 11Dec 14Dec 190.00020.0040.0060.0080.00
  • Kuwait
  • 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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