Trinidad and Tobago

Revenue Minus Production Cost Of Oil

3.26
percent of GDP
Dec 72Dec 75Dec 78Dec 81Dec 84Dec 87Dec 90Dec 93Dec 96Dec 99Dec 02Dec 05Dec 08Dec 11Dec 14Dec 190.0009.00018.0027.0036.00
  • Trinidad and Tobago
  • 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.

Maxinomics LogoThe World's Economic Atlas

TYPE TO BEGIN SEARCHING