In 2021, the average share of GDP generated from oil rents in Oman increased by 8.6 percentage points (+57.37 percent) compared to 2020. This was a significant increase in the average share. Oil rents are estimated from the difference between the value of crude oil production at regional prices and the total costs of production. Values are expressed as a share of gross domestic product.
Find more key insights for the average share of GDP generated from oil rents in countries like United Arab Emirates and Kuwait.
Share of the gross domestic product generated from oil rents in Oman from 2012 to 2021
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World Bank. (October 24, 2024). Share of the gross domestic product generated from oil rents in Oman from 2012 to 2021 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1303741/oman-oil-rent-share-of-gdp/
World Bank. "Share of the gross domestic product generated from oil rents in Oman from 2012 to 2021." Chart. October 24, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1303741/oman-oil-rent-share-of-gdp/
World Bank. (2024). Share of the gross domestic product generated from oil rents in Oman from 2012 to 2021. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1303741/oman-oil-rent-share-of-gdp/
World Bank. "Share of The Gross Domestic Product Generated from Oil Rents in Oman from 2012 to 2021." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/1303741/oman-oil-rent-share-of-gdp/
World Bank, Share of the gross domestic product generated from oil rents in Oman from 2012 to 2021 Statista, https://www.statista.com/statistics/1303741/oman-oil-rent-share-of-gdp/ (last visited December 22, 2024)
Share of the gross domestic product generated from oil rents in Oman from 2012 to 2021 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/1303741/oman-oil-rent-share-of-gdp/