Total natural resource rents in Oman

Oman: Total natural resource rents was 29.2% in 2021. ▼ Falling

Latest (2021)
29.2%
Change on year
up 54.7%
World rank
13th
of 211 countries
All-time high
79.7%
in 1979
All-time low
18.1%
in 2016
Years of data
52
1970–2021

Total natural resource rents in Oman, 1970–2021

20406080197019952021

Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for total natural resource rents in Oman is 29.2%, measured in 2021.

The figure is up 54.7% on the previous year and down 32.5% over ten years.

Over the whole period, total natural resource rents in Oman peaked at 79.7% in 1979 and was at its lowest, 18.1%, in 2016.

That places Oman 13th out of 211 countries with data for 2021, putting it in the top 10%.

The long-run direction has been consistently falling across the 52 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 54.2% 43.5% 79.7% 10
1980s 41.5% 31.4% 55.4% 10
1990s 33.7% 24.3% 50.5% 10
2000s 40.5% 34.0% 46.4% 10
2010s 30.5% 18.1% 43.3% 10
2020s 24.0% 18.9% 29.2% 2

Countries ranked near Oman

  1. 10 Angola 30.0% compare
  2. 11 Azerbaijan 29.9% compare
  3. 12 Kuwait 29.3% compare
  4. 14 Papua New Guinea 27.4% compare
  5. 15 Qatar 27.3% compare
  6. 16 Eritrea 27.0% compare

See the full ranking of 211 places →

More reference data data for Oman

All data for Oman →

Frequently asked questions

What is total natural resource rents in Oman?
Total natural resource rents in Oman was 29.2% in 2021, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest total natural resource rents recorded in Oman?
The highest recorded value was 79.7% in 1979.
What is the lowest total natural resource rents recorded in Oman?
The lowest recorded value was 18.1% in 2016.
How does Oman rank for total natural resource rents?
Oman ranks 13th out of 211 countries with data for 2021.
Is total natural resource rents rising or falling in Oman?
Over the last ten years it is down 32.5%. The long-run trend across the full record is falling.
Where does this Oman data come from?
The figures come from The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Total natural resource rents. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Total natural resource rents
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 9,209 data points, 1970–2021
Last refreshed

Natural resources rents are estimated as the difference between the price of a commodity and the average cost of producing it. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents, mineral rents, and forest rents.