Oil rents as a percentage of gdp reached 0.024% in 2020 in the European Union, according to EIA. This is 32.0% less than in the previous year.
Historically, oil rents as a percentage of GDP in the European Union reached an all time high of 0.088% in 2011 and an all time low of 0.002% in 1970.
European Union has been ranked within the group of 100 countries we follow in terms of oil rents as a percentage of GDP.
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