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That surprised me too - but I'm guessing its because their GDP is almost entirely from oil, whereas the US economy is very distributed. Edit: Guess I was wrong
by breily 19y ago
That surprised me too - but I'm guessing its because their GDP is almost entirely from oil, whereas the US economy is very distributed.
Edit: Guess I was wrong.
- DocSavage 19y agoFrom Wikipedia (probably taken from CIA factbook): "The petroleum sector accounts for roughly 75% of budget revenues, 45% of GDP, and 90% of export earnings."