Oil rents as a percentage of gdp reached 11.4% in 2014 in Venezuela, according to EIA. This is 30.6% less than in the previous year.
Historically, oil rents as a percentage of GDP in Venezuela reached an all time high of 37.5% in 1979 and an all time low of 7.00% in 1970.
Venezuela has been ranked 21st within the group of 104 countries we follow in terms of oil rents as a percentage of GDP.
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