Norway vs Oman: Nonrenewable natural capital, oil
Nonrenewable natural capital, oil over time
- Norway
- Oman
How they compare
Norway currently reports 303.03 billion real chained 2019 US$ against 181.44 billion real chained 2019 US$ in Oman, a difference of 121.59 billion real chained 2019 US$.
That makes Norway's figure about 1.7 times Oman's.
Across all 26 years both countries report, Norway has been ahead every year.
Norway ranks 11th and Oman ranks 14th of 145 countries.
Norway has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Norway | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 438.17 billion real chained 2019 US$ | 182.64 billion real chained 2019 US$ | 255.54 billion real chained 2019 US$ | Norway |
| 2000s | 361.46 billion real chained 2019 US$ | 190.40 billion real chained 2019 US$ | 171.06 billion real chained 2019 US$ | Norway |
| 2010s | 289.39 billion real chained 2019 US$ | 180.40 billion real chained 2019 US$ | 108.99 billion real chained 2019 US$ | Norway |
| 2020s | 303.03 billion real chained 2019 US$ | 181.44 billion real chained 2019 US$ | 121.59 billion real chained 2019 US$ | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher nonrenewable natural capital, oil, Norway or Oman?
- Norway, at 303.03 billion real chained 2019 US$ against 181.44 billion real chained 2019 US$ in Oman as of 2020.
- What is the difference in nonrenewable natural capital, oil between Norway and Oman?
- 121.59 billion real chained 2019 US$, with Norway ahead.
- How many years of comparable data are there for Norway and Oman?
- 26 years are reported by both, from 1995 to 2020.
- How do Norway and Oman rank globally for nonrenewable natural capital, oil?
- Norway ranks 11th and Oman ranks 14th of 145 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Nonrenewable natural capital, oil (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Natural capital includes the valuation of renewable and nonrenewable natural capital. Renewable natural capital includes agricultural land (cropland and pastureland), forests (timber, and three ecosystem services: water, recretion and non-wood forest products), protected areas, mangroves and fisheries. Nonrenewable natural capital includes fossil fuel energy (oil, gas, hard and soft coal) and minerals (bauxite, copper, gold, iron ore, lead, nickel, phosphate, silver, tin, and zinc),Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.