Chart: Oil wealth can be a curse
In the chart below, oil revenues are the case in point. Using data from the World Bank and TheGlobalEconomy.com, our sister project, we list the top 10 countries with the highest share of oil revenue as percent of GDP. According to the World Bank definition which we employ, oil rents are the difference between the value of crude oil production at world prices and total costs of production.
To explore more countries and indicators please visit the respective page at TheGlobalEconomy.com