What was Oman's Mineral rents (% of GDP) in 2021?

In 2021, Oman's Mineral rents (% of GDP) was 0.00, according to World Bank Open Data.

Is Oman's Mineral rents (% of GDP) rising or falling?

Over the last five years, Oman's Mineral rents (% of GDP) has decreased by 100.0%.

How does Oman rank globally on Mineral rents (% of GDP)?

In 2021, Oman ranked #133 out of 197 countries reporting Mineral rents (% of GDP).

How does Oman's Mineral rents (% of GDP) compare to the world average?

The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Oman is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #10 of 20.

Oman: Mineral rents (% of GDP)

Name: Oman: Mineral rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Oman's Mineral rents (% of GDP) was 0.00.

The global average for this indicator in 2021 was 1.76 . Oman ranks #133 globally out of 197 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #10 of 20.

Source: World Bank Open Data (NY.GDP.MINR.RT.ZS) • Data as of 2021

Trend (2002–2021)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse

Highlights

Peak: 0.16; 2011
Trough: 0.00; 2003
5-year change: -100.0%
10-year change: -100.0%

Historical Data — Last 10 Years

Year	Mineral rents (% of GDP)
2021	0.0000
2020	0.0000
2019	0.0000
2018	0.0000
2017	0.0001
2016	0.0012
2015	0.0208
2014	0.0519
2013	0.0490
2012	0.1053

About Mineral rents (% of GDP)

Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

Indicator code: NY.GDP.MINR.RT.ZS • Category: Economy

Frequently asked questions

What was Oman's Mineral rents (% of GDP) in 2021?: In 2021, Oman's Mineral rents (% of GDP) was 0.00, according to World Bank Open Data.
Is Oman's Mineral rents (% of GDP) rising or falling?: Over the last five years, Oman's Mineral rents (% of GDP) has decreased by 100.0%.
How does Oman rank globally on Mineral rents (% of GDP)?: In 2021, Oman ranked #133 out of 197 countries reporting Mineral rents (% of GDP).
How does Oman's Mineral rents (% of GDP) compare to the world average?: The global average for Mineral rents (% of GDP) in 2021 was 1.76, so Oman is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #10 of 20.
What is Mineral rents (% of GDP) and how is it measured?: Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

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Source: World Bank Open Data (NY.GDP.MINR.RT.ZS), CC BY 4.0.