# **Oil rents (% of GDP)**
The **"Oil rents (% of GDP)"** indicator measures the difference between the value of crude oil production at world prices and the total costs of production, expressed as a percentage of a country's **Gross Domestic Product (GDP)**. This indicator reflects the **economic value** derived from **oil extraction** relative to the **size of the economy**, providing insight into how significant oil revenues are to the national economy. It is particularly important for understanding the **dependence** of a country's economy on oil resources and the impact of **oil price fluctuations** on **economic stability**.
The chart displays the **oil rents (% of GDP)** in the **United States** over a **22-year period from 2000 to 2021**. In **2021**, oil rents in the United States were reported at **0.61% of GDP**.
- Country: **United States**
- Period: **2000 to 2021**
- 2021 value: **0.61% of GDP**