What was Oman's Total natural resources rents (% of GDP) in 2021?

In 2021, Oman's Total natural resources rents (% of GDP) was 29.21, according to World Bank Open Data.

Is Oman's Total natural resources rents (% of GDP) rising or falling?

Oman's Total natural resources rents (% of GDP) rose 54.7% from 2020 to 2021.

How does Oman rank globally on Total natural resources rents (% of GDP)?

In 2021, Oman ranked #12 out of 197 countries reporting Total natural resources rents (% of GDP).

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

The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Oman is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #4 of 20.

Oman: Total natural resources rents (% of GDP)

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

In 2021, Oman's Total natural resources rents (% of GDP) was 29.21.

That's up 54.7% from 2020, the highest value since 2014.

The global average for this indicator in 2021 was 6.63 . Oman ranks #12 globally out of 197 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #4 of 20.

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

Trend (2002–2021)

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

Highlights

Peak: 46.29; 2005
Trough: 18.05; 2016
1-year change: +54.7%
5-year change: +61.8%; +10.1% / yr
10-year change: -32.5%; -3.9% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	29.2116
2020	18.8867
2019	24.9800
2018	27.0145
2017	21.3538
2016	18.0528
2015	21.0999
2014	34.3485
2013	38.8455
2012	40.4419

About Total natural resources rents (% of GDP)

Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

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

Frequently asked questions

What was Oman's Total natural resources rents (% of GDP) in 2021?: In 2021, Oman's Total natural resources rents (% of GDP) was 29.21, according to World Bank Open Data.
Is Oman's Total natural resources rents (% of GDP) rising or falling?: Oman's Total natural resources rents (% of GDP) rose 54.7% from 2020 to 2021.
How does Oman rank globally on Total natural resources rents (% of GDP)?: In 2021, Oman ranked #12 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Oman's Total natural resources rents (% of GDP) compare to the world average?: The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Oman is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #4 of 20.
What is Total natural resources rents (% of GDP) and how is it measured?: Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

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