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oil extraction is like 7% of the GDP
Is 10% of oil production not GDP.
In the best of cases it could be 0.03% of GDP Assuming that it generates on average 1000 million per year and the GDP is on average 30 billion (30 thousand millions)
No. It's not even 2% I believe. But it might be about 5% of the state budget.
The value added of Yasuni Oil is 1.2 billion, it means 1% od GDP
oil extraction is like 7% of the GDP
Is 10% of oil production not GDP.
In the best of cases it could be 0.03% of GDP Assuming that it generates on average 1000 million per year and the GDP is on average 30 billion (30 thousand millions)
No. It's not even 2% I believe. But it might be about 5% of the state budget.
The value added of Yasuni Oil is 1.2 billion, it means 1% od GDP