Oman vs Saudi Arabia: Oil rents as a share of GDP

Oman
23.5%
in 2021
Saudi Arabia
23.7%
in 2021
Oman rank
7th
Saudi Arabia rank
6th

Oil rents as a share of GDP over time

  • Oman
  • Saudi Arabia
20406080197019952021

How they compare

Saudi Arabia currently reports 23.7% against 23.5% in Oman, a difference of 0.2%.

The two have swapped places 5 times across 52 shared years of data; in 1970 it was Oman ahead.

Oman ranks 7th and Saudi Arabia ranks 6th of 199 countries.

Across the 6 decades both report, Oman averaged higher in 3 and Saudi Arabia in 3.

Head to head by decade

Decade Oman Saudi Arabia Difference Ahead
1970s 54.2% 49.3% 4.8% Oman
1980s 40.9% 37.0% 3.9% Oman
1990s 32.6% 30.3% 2.4% Oman
2000s 37.4% 42.1% 4.7% Saudi Arabia
2010s 27.8% 33.9% 6.1% Saudi Arabia
2020s 19.3% 19.8% 0.6% Saudi Arabia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil rents as a share of gdp, Oman or Saudi Arabia?
Saudi Arabia, at 23.7% against 23.5% in Oman as of 2021.
What is the difference in oil rents as a share of gdp between Oman and Saudi Arabia?
0.2%, with Saudi Arabia ahead.
How many years of comparable data are there for Oman and Saudi Arabia?
52 years are reported by both, from 1970 to 2021.
How do Oman and Saudi Arabia rank globally for oil rents as a share of gdp?
Oman ranks 7th and Saudi Arabia ranks 6th 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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Oman vs Saudi Arabia: 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 06 September 2026, from https://energy.statizoid.com/compare/oil-rents-as-a-share-of-gdp/oman/saudi-arabia/

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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.