Turkey

Revenue Minus Production Cost Of Oil

0.1
percent of GDP
Dec 73Dec 76Dec 79Dec 82Dec 85Dec 88Dec 91Dec 94Dec 99Dec 03Dec 06Dec 09Dec 12Dec 16Dec 190.0000.1500.3000.4500.600
  • Turkey
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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