Nonrenewable natural capital, oil in Oman
Oman: Nonrenewable natural capital, oil was 118.24 billion current US$ in 2020. ◆ Volatile
Nonrenewable natural capital, oil in Oman, 1995–2020
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$, in 1999.
That places Oman 12th out of 86 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, oil in Oman, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 50.84 billion current US$ | — |
| 1996 | 62.05 billion current US$ | +22.0% |
| 1997 | 60.93 billion current US$ | -1.8% |
| 1998 | 36.16 billion current US$ | -40.7% |
| 1999 | 17.96 billion current US$ | -50.3% |
| 2000 | 99.56 billion current US$ | +454.5% |
| 2001 | 82.98 billion current US$ | -16.7% |
| 2002 | 82.01 billion current US$ | -1.2% |
| 2003 | 96.89 billion current US$ | +18.1% |
| 2004 | 120.99 billion current US$ | +24.9% |
| 2005 | 177.29 billion current US$ | +46.5% |
| 2006 | 216.13 billion current US$ | +21.9% |
| 2007 | 227.20 billion current US$ | +5.1% |
| 2008 | 172.62 billion current US$ | -24.0% |
| 2009 | 102.83 billion current US$ | -40.4% |
| 2010 | 253.88 billion current US$ | +146.9% |
| 2011 | 367.31 billion current US$ | +44.7% |
| 2012 | 374.51 billion current US$ | +2.0% |
| 2013 | 217.81 billion current US$ | -41.8% |
| 2014 | 304.99 billion current US$ | +40.0% |
| 2015 | 110.65 billion current US$ | -63.7% |
| 2016 | 82.82 billion current US$ | -25.2% |
| 2017 | 66.81 billion current US$ | -19.3% |
| 2018 | 197.16 billion current US$ | +195.1% |
| 2019 | 181.44 billion current US$ | -8.0% |
| 2020 | 118.24 billion current US$ | -34.8% |
Oman compared with similar countries
- Oman's 118.24 billion current US$ is above the median for high income countries, which is 402.13 million current US$, 294.0× the median. (34 countries reporting)
- Oman's 118.24 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 11.98 billion current US$, 9.9× the median. (12 countries reporting)
Biggest year-on-year movements
Years where Nonrenewable natural capital, oil in Oman changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +454.5% | 17.96 billion current US$ | 99.56 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Oman
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0104 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2727 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3108 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0016 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.3108 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0349 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0149 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.2 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.36 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0087 (2050)
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).