Top oil revenue dependent petrostates


Back to Main Story:

Petrostates in a changing world
 

(as a % of GDP) (2013)

    1.    Kuwait
    2.    Republic of Congo
    3.    Equatorial Guinea
    4.    Libya
    5.    Saudi Arabia
    6.    Iraq
    7.    Gabon
    8.    Angola
    9.    Oman
    10.    Azerbaijan
    11.    South Sudan
    12.    Kazakhstan
    13.    Venezuela
    14.    Brunei
    15.    Qatar
    16.    Chad
    17.    Iran
    18.    United Arab Emirates
    19.    Algeria
    20.    Bahrain
    21.    Ecuador
    22.    Turkmenistan
    23.    Trinidad and Tobago
    24.    Russia
    25.    Nigeria
    26.    Yemen

NB. Figures from World Bank, World Development Indicators. All 26 states listed here meet or exceed the 10% of GDP dependence threshold considered by many scholars to indicate a ‘rentier’ or petrostate. These figures do not include natural gas revenues, which can also be substantial for many states.

 

SHARE
Previous articleFATCA statistics
Next articleShould companies always fess up to corruption?
Michael Klein
Michael Klein Editor Pinnacle Media Group Ltd. PO Box 1365, Grand Cayman, KY1-1108, Cayman Islands T: 345-326-1720C: 345-815-0064 E: mklein@pinnaclemedialtd.com Michael is a financial journalist and copywriter.  In the past he has been responsible for the Risk Management and Corporate Finance sections of a British monthly Corporate Treasury publication.  He has written various financial handbooks, notably on European Banking and Cash Management and the Debt Capital Markets.   In addition he has worked as a copywriter for banks and investment funds and served as corporate communications consultant to US and European blue chip companies.   Michael holds an MA in Political Science and International Law from the University of Bonn in Germany. 

Pinnacle Media Ltd

Cayman Financial Review is the only magazine which promotes the Cayman Islands financial services industry at a local and international level. Produced by Cayman’s leading printing and publishing company Pinnacle Media Ltd, the Cayman Financial Review is published quarterly and is distributed in print and online to organisations and associations worldwide as well as at key financial conferences.

Over 30,000 online and targeted printed copies are distributed to clients, their nominated local and international contacts, relevant conference participation lists and a current researched international contact list continuously updated and prepared by Pinnacle Media Ltd. In addition the product has a fully integrated website, a link of which will be sent to ‘Top 500’ legal, accountant, government, insurance, financial service and hedge fund contact list in United States, United Kingdom, Europe, South East Asia, Dubai and the South Americas.
 

The Compass Centre
Shedden Road
PO Box 1365 GT
Grand Cayman
Cayman Islands
British West Indies
KY1-1108

T: +1 (345) 949-5111
F: +1 (345) 949-7675
W: www.caycompass.com