Europe & Central Asia (IDA & IBRD countries) vs Oman: Oil rents
Europe & Central Asia (IDA & IBRD countries)
4.8%
in 2021
Oman
23.5%
in 2021
Europe & Central Asia (IDA & IBRD countries) rank
7th
Oman rank
7th
Oil rents over time
- Europe & Central Asia (IDA & IBRD countries)
- Oman
How they compare
Oman currently reports 23.5% against 4.8% in Europe & Central Asia (IDA & IBRD countries), a difference of 18.7%.
That makes Oman's figure about 4.9 times Europe & Central Asia (IDA & IBRD countries)'s.
Across all 52 years both countries report, Oman has been ahead every year.
Europe & Central Asia (IDA & IBRD countries) ranks 7th 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 | Europe & Central Asia (IDA & IBRD countries) | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.2% | 54.2% | 54.0% | Oman |
| 1980s | 1.3% | 40.9% | 39.6% | Oman |
| 1990s | 2.8% | 32.6% | 29.8% | Oman |
| 2000s | 5.4% | 37.4% | 32.0% | Oman |
| 2010s | 4.5% | 27.8% | 23.3% | Oman |
| 2020s | 3.6% | 19.3% | 15.7% | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Europe & Central Asia (IDA & IBRD countries) or Oman?
- Oman, at 23.5% against 4.8% in Europe & Central Asia (IDA & IBRD countries) as of 2021.
- What is the difference in oil rents between Europe & Central Asia (IDA & IBRD countries) and Oman?
- 18.7%, with Oman ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Oman?
- 52 years are reported by both, from 1970 to 2021.
- How do Europe & Central Asia (IDA & IBRD countries) and Oman rank globally for oil rents?
- Europe & Central Asia (IDA & IBRD countries) ranks 7th 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.