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

In 2021, Oman's Natural gas rents (% of GDP) was 5.67, according to World Bank Open Data.

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

Oman's Natural gas rents (% of GDP) rose 45.8% from 2020 to 2021.

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

In 2021, Oman ranked #12 out of 190 countries reporting Natural gas rents (% of GDP).

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

The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so Oman is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #5 of 19.

Oman: Natural gas rents (% of GDP)

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

In 2021, Oman's Natural gas rents (% of GDP) was 5.67.

That's up 45.8% from 2020, the highest value on record.

The global average for this indicator in 2021 was 0.93 . Oman ranks #12 globally out of 190 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #5 of 19.

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

Trend (2002–2021)

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

Highlights

Peak: 5.67; 2021
Trough: 1.78; 2016
1-year change: +45.8%
5-year change: +219.1%; +26.1% / yr
10-year change: +109.6%; +7.7% / yr

Historical Data — Last 10 Years

Year	Natural gas rents (% of GDP)
2021	5.6715
2020	3.8907
2019	3.3667
2018	3.3046
2017	2.0463
2016	1.7771
2015	2.2087
2014	2.6154
2013	2.8056
2012	2.7953

About Natural gas rents (% of GDP)

Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.

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

Frequently asked questions

What was Oman's Natural gas rents (% of GDP) in 2021?: In 2021, Oman's Natural gas rents (% of GDP) was 5.67, according to World Bank Open Data.
Is Oman's Natural gas rents (% of GDP) rising or falling?: Oman's Natural gas rents (% of GDP) rose 45.8% from 2020 to 2021.
How does Oman rank globally on Natural gas rents (% of GDP)?: In 2021, Oman ranked #12 out of 190 countries reporting Natural gas rents (% of GDP).
How does Oman's Natural gas rents (% of GDP) compare to the world average?: The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so Oman is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #5 of 19.
What is Natural gas rents (% of GDP) and how is it measured?: Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.

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