Kuwait vs Oman: Oil rents
Kuwait
27.6%
in 2020
Oman
23.5%
in 2021
Kuwait rank
5th
Oman rank
7th
Oil rents over time
- Kuwait
- Oman
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 201 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, Kuwait or Oman?
- Kuwait, at 27.6% against 23.5% in Oman as of 2020.
- What is the difference in oil rents 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?
- Kuwait ranks 5th and Oman ranks 7th of 201 countries.
- 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.