Oman - Oil Rents
Since 2014, Oman Oil Rents decreased by 8points year on year. In 2019, the country was number 7 comparing other countries in Oil Rents at 23.7 Percent of GDP. Oman is overtaken by Saudi Arabia, which was ranked number 6 at 25.17 Percent of GDP and is followed by Azerbaijan at 22.25 Percent of GDP. Republic of the Congo ranked the highest with 43.88 Percent of GDP in 2019, -12.2points versus 2018. Iraq, Kuwait and Libya respectively ranked number 2, 3 and 4 in this ranking. Greece witnessed the best average annual growth at +20.4points per year, while Mauritania was the worst growing country at -100points per year.
| Date | Percent of GDP |
|---|---|
| 2019 | 23.70 |
| 2018 | 26.86 |
| 2017 | 21.79 |
| 2016 | 18.28 |
| 2015 | 21.40 |
Download all data from 1970 to 2019
How does Oman rank in Oil Rents?
| # | 104 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Republic of the Congo
|
43.88 % | 2019 | -12.2 % | +4.5 % | View data | |
| 2 |
#2
Iraq
|
41.37 % | 2019 | -8.9 % | -1.9 % | View data | |
| 6 |
#6
Saudi Arabia
|
25.17 % | 2019 | -12.3 % | -8.8 % | View data | |
| 7 |
#7
Oman
|
23.70 % | 2019 | -11.8 % | -8.0 % | View data | |
| 8 |
#8
Azerbaijan
|
22.25 % | 2019 | -12.0 % | +1.7 % | View data | |