Africa Western and Central vs Oman: Oil rents
Africa Western and Central
5.4%
in 2021
Oman
23.5%
in 2021
Africa Western and Central rank
6th
Oman rank
7th
Oil rents over time
- Africa Western and Central
- Oman
How they compare
Oman currently reports 23.5% against 5.4% in Africa Western and Central, a difference of 18.1%.
That makes Oman's figure about 4.3 times Africa Western and Central's.
Across all 51 years both countries report, Oman has been ahead every year.
Africa Western and Central ranks 6th and Oman ranks 7th of 47 groups.
Oman has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Africa Western and Central | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 11.0% | 55.3% | 44.4% | Oman |
| 1980s | 6.5% | 40.9% | 34.3% | Oman |
| 1990s | 10.7% | 32.6% | 22.0% | Oman |
| 2000s | 11.3% | 37.4% | 26.2% | Oman |
| 2010s | 7.4% | 27.8% | 20.4% | Oman |
| 2020s | 4.2% | 19.3% | 15.1% | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Africa Western and Central or Oman?
- Oman, at 23.5% against 5.4% in Africa Western and Central as of 2021.
- What is the difference in oil rents between Africa Western and Central and Oman?
- 18.1%, with Oman ahead.
- How many years of comparable data are there for Africa Western and Central and Oman?
- 51 years are reported by both, from 1971 to 2021.
- How do Africa Western and Central and Oman rank globally for oil rents?
- Africa Western and Central ranks 6th and Oman ranks 7th of 47 groups.
- Where does this data come from?
- The Changing Wealth of Nations, World Bank (WB), published as Oil rents (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.