Final answer:
Around 29% of Earth's surface is land that projects above sea level, with the remainder being predominantly covered by oceans.
Step-by-step explanation:
Only about 29% of the Earth's surface projects above sea level. The vast majority of Earth is covered by water, with about 71% being oceans. When discussing the percentages of the Earth's composition, specifically the distribution of land and water, it's important to note that only a small fraction of the Earth's surface is land that rises above sea level, which includes all of the continents and islands.