Micronesia

Revenue Minus Production Cost Of Oil

0
percent of GDP
Dec 83Dec 87Dec 92Dec 95Dec 97Dec 99Dec 02Dec 04Dec 07Dec 10Dec 12Dec 14Dec 16Dec 180.0001.0002.0003.0004.000
  • Micronesia
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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