Kuwait vs Oman: Oil rents as a share of GDP

Kuwait
27.6%
in 2020
Oman
23.5%
in 2021
Kuwait rank
5th
Oman rank
7th

Oil rents as a share of GDP over time

  • Kuwait
  • Oman
20406080197019952021

How they compare

Kuwait currently reports 27.6% against 23.5% in Oman, a difference of 4.1%.

That makes Kuwait's figure about 1.2 times Oman's.

The two have swapped places 5 times across 50 shared years of data; in 1970 it was Oman ahead.

Kuwait ranks 5th and Oman ranks 7th of 199 countries.

Across the 6 decades both report, Kuwait averaged higher in 5 and Oman in 1.

Head to head by decade

Decade Kuwait Oman Difference Ahead
1970s 52.9% 51.4% 1.5% Kuwait
1980s 37.6% 40.9% 3.3% Oman
1990s 33.3% 32.6% 0.7% Kuwait
2000s 46.0% 37.4% 8.6% Kuwait
2010s 46.0% 27.8% 18.2% Kuwait
2020s 27.6% 15.0% 12.6% Kuwait

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil rents as a share of gdp, Kuwait or Oman?
Kuwait, at 27.6% against 23.5% in Oman as of 2020.
What is the difference in oil rents as a share of gdp between Kuwait and Oman?
4.1%, with Kuwait ahead.
How many years of comparable data are there for Kuwait and Oman?
50 years are reported by both, from 1970 to 2020.
How do Kuwait and Oman rank globally for oil rents as a share of gdp?
Kuwait ranks 5th and Oman ranks 7th of 199 countries.
Where does this data come from?
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as Oil rents as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kuwait vs Oman: Oil rents as a share of GDP. Statizoid, drawing on The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Retrieved 02 September 2026, from https://energy.statizoid.com/compare/oil-rents-as-a-share-of-gdp/kuwait/oman/

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About this data

Indicator
Oil rents as a share of GDP
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
199 places, 8,404 data points, 1970–2021
Last refreshed

Economic profits generated from oil extraction, measured as the difference between production value and costs, expressed as a percentage of gross domestic product.