South Africa

Revenue Minus Production Cost Of Oil

0
percent of GDP
Dec 71Dec 74Dec 77Dec 80Dec 83Dec 86Dec 89Dec 92Dec 95Dec 01Dec 04Dec 07Dec 10Dec 13Dec 16Dec 190.0000.0500.1000.1500.200
  • South Africa
Source: IMF

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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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