Explicit fossil fuel subsidies as a share of GDP in Oman

Oman: Explicit fossil fuel subsidies as a share of GDP was 0.2% in 2021. β—† Volatile

Latest (2021)
0.2%
Change on year
up 53.8%
World rank
97th
of 187 countries
All-time high
0.2%
in 2021
All-time low
0.0%
in 2011
Years of data
12
2010–2021

Explicit fossil fuel subsidies as a share of GDP in Oman, 2010–2021

00.050.10.150.22010201520212010: 0.12 %2011: 0 %2012: 0 %2013: 0 %2014: 0.18 %2015: 0.12 %2016: 0.12 %2017: 0.14 %2018: 0.17 %2019: 0.16 %2020: 0.13 %2021: 0.2 %

Source: Data from multiple sources compiled by the UN (2023) – processed by Our World in Data. Measured in %.

Analysis

In 2021, explicit fossil fuel subsidies as a share of gdp in Oman stood at 0.2%. That is the highest value across all 12 years on record.

Compared with earlier readings it is up 53.8% on the previous year and up 66.7% over five years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Oman peaked at 0.2% in 2021 and was at its lowest, 0.0%, in 2011.

That places Oman 97th out of 187 countries with data for 2021, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.1% 0.0% 0.2% 10
2020s 0.2% 0.1% 0.2% 2

Countries ranked near Oman

  1. 94 Germany 0.2% compare
  2. 94 Haiti 0.2% compare
  3. 94 Switzerland 0.2% compare
  4. 98 Belarus 0.2% compare
  5. 98 Canada 0.2% compare
  6. 98 Czechia 0.2% compare

See the full ranking of 187 places β†’

More energy & mining data for Oman

All data for Oman β†’

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Oman?
Explicit fossil fuel subsidies as a share of gdp in Oman was 0.2% in 2021, according to Data from multiple sources compiled by the UN (2023) – processed by Our World in Data.
What is the highest explicit fossil fuel subsidies as a share of gdp recorded in Oman?
The highest recorded value was 0.2% in 2021.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Oman?
The lowest recorded value was 0.0% in 2011.
How does Oman rank for explicit fossil fuel subsidies as a share of gdp?
Oman ranks 97th out of 187 countries with data for 2021.
Where does this Oman data come from?
The figures come from Data from multiple sources compiled by the UN (2023) – processed by Our World in Data, published as part of Explicit fossil fuel subsidies as a share of GDP. Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 12 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Explicit fossil fuel subsidies as a share of GDP
Unit
%
Source
Data from multiple sources compiled by the UN (2023) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 2,094 data points, 2010–2021
Last refreshed

Subsidies are pre-tax and for both the production and consumption of fossil fuels. Production subsidies reduce the cost of producing coal, oil or gas. Consumption subsidies cut fuel prices for the end user, such as by fixing the price at the petrol pump so that it is less than the market rate.