Kazakhstan's Oil Rents as a Percentage of GDP: (2000-2021)

# Oil rents (% of GDP) The **"Oil rents (% of GDP)"** indicator measures the value derived from **crude oil production**, subtracting the **total costs of production**, and expresses this value as a **percentage of a country's Gross Domestic Product (GDP)**. This indicator reflects the **economic significance of oil extraction** relative to the size of the economy, providing insight into the role of **oil revenues** in the national economy and how fluctuations in **oil prices** can impact **economic stability**. - The chart displays **oil rents (% of GDP)** in **Kazakhstan** over a **22-year period from 2000 to 2021**. - In **2021**, oil rents in Kazakhstan were reported at **14.84% of GDP**.

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