Nonrenewable natural capital, oil in Oman
Oman: Nonrenewable natural capital, oil was 181.44 billion real chained 2019 US$ in 2020. ▬ Flat
Nonrenewable natural capital, oil in Oman, 1995–2020
Source: 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. Measured in real chained 2019 US$.
Analysis
The most recent figure for nonrenewable natural capital, oil in Oman is 181.44 billion real chained 2019 US$, measured in 2020.
The figure is down 2.3% over ten years.
Over the whole period, nonrenewable natural capital, oil in Oman peaked at 199.23 billion real chained 2019 US$ in 2001 and was at its lowest, 167.97 billion real chained 2019 US$, in 2013.
Oman ranks 14th of 145 countries on this measure, in the top 10%.
Nonrenewable natural capital, oil in Oman, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 175.59 billion real chained 2019 US$ | — |
| 1996 | 178.97 billion real chained 2019 US$ | +1.9% |
| 1997 | 182.31 billion real chained 2019 US$ | +1.9% |
| 1998 | 182.35 billion real chained 2019 US$ | +0.0% |
| 1999 | 193.96 billion real chained 2019 US$ | +6.4% |
| 2000 | 197.48 billion real chained 2019 US$ | +1.8% |
| 2001 | 199.23 billion real chained 2019 US$ | +0.9% |
| 2002 | 192.68 billion real chained 2019 US$ | -3.3% |
| 2003 | 188.16 billion real chained 2019 US$ | -2.3% |
| 2004 | 188.16 billion real chained 2019 US$ | +0.0% |
| 2005 | 188.16 billion real chained 2019 US$ | +0.0% |
| 2006 | 188.16 billion real chained 2019 US$ | +0.0% |
| 2007 | 188.16 billion real chained 2019 US$ | +0.0% |
| 2008 | 188.16 billion real chained 2019 US$ | +0.0% |
| 2009 | 185.72 billion real chained 2019 US$ | -1.3% |
| 2010 | 185.72 billion real chained 2019 US$ | +0.0% |
| 2011 | 185.72 billion real chained 2019 US$ | +0.0% |
| 2012 | 185.72 billion real chained 2019 US$ | +0.0% |
| 2013 | 167.97 billion real chained 2019 US$ | -9.6% |
| 2014 | 173.94 billion real chained 2019 US$ | +3.6% |
| 2015 | 179.17 billion real chained 2019 US$ | +3.0% |
| 2016 | 181.44 billion real chained 2019 US$ | +1.3% |
| 2017 | 181.44 billion real chained 2019 US$ | +0.0% |
| 2018 | 181.44 billion real chained 2019 US$ | +0.0% |
| 2019 | 181.44 billion real chained 2019 US$ | +0.0% |
| 2020 | 181.44 billion real chained 2019 US$ | +0.0% |
Oman compared with similar countries
- Oman's 181.44 billion real chained 2019 US$ is above the median for high income countries, which is 354.16 million real chained 2019 US$, 512.3× the median. (49 countries reporting)
- Oman's 181.44 billion real chained 2019 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.82 billion real chained 2019 US$, 64.3× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 182.64 billion real chained 2019 US$ | 175.59 billion real chained 2019 US$ | 193.96 billion real chained 2019 US$ | 5 |
| 2000s | 190.40 billion real chained 2019 US$ | 185.72 billion real chained 2019 US$ | 199.23 billion real chained 2019 US$ | 10 |
| 2010s | 180.40 billion real chained 2019 US$ | 167.97 billion real chained 2019 US$ | 185.72 billion real chained 2019 US$ | 10 |
| 2020s | 181.44 billion real chained 2019 US$ | 181.44 billion real chained 2019 US$ | 181.44 billion real chained 2019 US$ | 1 |
Countries ranked near Oman
- 11 Norway 303.03 billion real chained 2019 US$ compare
- 12 Angola 191.65 billion real chained 2019 US$ compare
- 13 Azerbaijan 182.21 billion real chained 2019 US$ compare
- 15 India 152.60 billion real chained 2019 US$ compare
- 16 Brazil 117.52 billion real chained 2019 US$ compare
- 17 Mexico 115.86 billion real chained 2019 US$ compare
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 181.44 billion real chained 2019 US$ in 2020, according to 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.
- What is the highest nonrenewable natural capital, oil recorded in Oman?
- The highest recorded value was 199.23 billion real chained 2019 US$ in 2001.
- What is the lowest nonrenewable natural capital, oil recorded in Oman?
- The lowest recorded value was 167.97 billion real chained 2019 US$ in 2013.
- How does Oman rank for nonrenewable natural capital, oil?
- Oman ranks 14th out of 145 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Oman?
- Over the last ten years it is down 2.3%. The long-run trend across the full record is flat.
- Where does this Oman data come from?
- The figures 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 part of Nonrenewable natural capital, oil (real chained 2019 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
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.