Oman vs Saudi Arabia: Oil rents
Oman
23.5%
in 2021
Saudi Arabia
23.7%
in 2021
Oman rank
7th
Saudi Arabia rank
6th
Oil rents over time
- Oman
- Saudi Arabia
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 201 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, Oman or Saudi Arabia?
- Saudi Arabia, at 23.7% against 23.5% in Oman as of 2021.
- What is the difference in oil rents 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?
- Oman ranks 7th and Saudi Arabia ranks 6th 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.