Nonrenewable natural capital, oil in Oman

Oman: Nonrenewable natural capital, oil was 118.24 billion current US$ in 2020. ◆ Volatile

Latest (2020)
118.24 billion current US$
Change on year
down 34.8%
World rank
12th
of 86 countries
All-time high
374.51 billion current US$
in 2012
All-time low
17.96 billion current US$
in 1999
Years of data
26
1995–2020

Nonrenewable natural capital, oil in Oman, 1995–2020

0100.0B200.0B300.0B400.0B1995200720201995: 50.8B current US$1996: 62.1B current US$1997: 60.9B current US$1998: 36.2B current US$1999: 18.0B current US$2000: 99.6B current US$2001: 83.0B current US$2002: 82.0B current US$2003: 96.9B current US$2004: 121.0B current US$2005: 177.3B current US$2006: 216.1B current US$2007: 227.2B current US$2008: 172.6B current US$2009: 102.8B current US$2010: 253.9B current US$2011: 367.3B current US$2012: 374.5B current US$2013: 217.8B current US$2014: 305.0B current US$2015: 110.6B current US$2016: 82.8B current US$2017: 66.8B current US$2018: 197.2B current US$2019: 181.4B current US$2020: 118.2B current US$

Source: World Bank. Measured in current US$.

Analysis

The most recent figure for nonrenewable natural capital, oil in Oman is 118.24 billion current US$, measured in 2020.

That represents a change of down 34.8% on the previous year and down 53.4% over ten years.

Over the whole period, nonrenewable natural capital, oil in Oman peaked at 374.51 billion current US$ in 2012 and was at its lowest, 17.96 billion current US$, in 1999.

That places Oman 12th out of 86 countries with data for 2020, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 45.59 billion current US$ 17.96 billion current US$ 62.05 billion current US$ 5
2000s 137.85 billion current US$ 82.01 billion current US$ 227.20 billion current US$ 10
2010s 215.74 billion current US$ 66.81 billion current US$ 374.51 billion current US$ 10
2020s 118.24 billion current US$ 118.24 billion current US$ 118.24 billion current US$ 1

Countries ranked near Oman

  1. 9 Canada 222.78 billion current US$ compare
  2. 10 China 222.00 billion current US$ compare
  3. 11 Norway 136.67 billion current US$ compare
  4. 13 India 70.56 billion current US$ compare
  5. 14 Vietnam 30.61 billion current US$ compare
  6. 15 Malaysia 28.77 billion current US$ compare

See the full ranking of 86 places →

More reference data data for Oman

All data for Oman →

Frequently asked questions

What is nonrenewable natural capital, oil in Oman?
Nonrenewable natural capital, oil in Oman was 118.24 billion current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, oil recorded in Oman?
The highest recorded value was 374.51 billion current US$ in 2012.
What is the lowest nonrenewable natural capital, oil recorded in Oman?
The lowest recorded value was 17.96 billion current US$ in 1999.
How does Oman rank for nonrenewable natural capital, oil?
Oman ranks 12th out of 86 countries with data for 2020.
Is nonrenewable natural capital, oil rising or falling in Oman?
Over the last ten years it is down 53.4%. The long-run trend across the full record is volatile.
Where does this Oman data come from?
The figures come from the World Bank, published as part of Nonrenewable natural capital, oil (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Nonrenewable natural capital, oil (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
86 places, 2,059 data points, 1995–2020
Last refreshed