Adjusted savings: natural resources depletion in Oman
Oman: Adjusted savings: natural resources depletion was 24.0% in 2021. ▼ Falling
Adjusted savings: natural resources depletion in Oman, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: natural resources depletion in Oman is 24.0%, measured in 2021.
The figure is up 56.1% on the previous year and down 28.4% over ten years.
Over the whole period, adjusted savings: natural resources depletion in Oman peaked at 56.8% in 1973 and was at its lowest, 14.2%, in 2016.
That places Oman 5th out of 184 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently falling across the 52 years of available data.
Adjusted savings: natural resources depletion in Oman, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 38.2% | — |
| 1971 | 36.1% | -5.3% |
| 1972 | 37.7% | +4.4% |
| 1973 | 56.8% | +50.5% |
| 1974 | 53.0% | -6.6% |
| 1975 | 48.9% | -7.7% |
| 1976 | 45.1% | -7.9% |
| 1977 | 39.7% | -11.9% |
| 1978 | 35.7% | -10.0% |
| 1979 | 55.8% | +56.1% |
| 1980 | 38.2% | -31.5% |
| 1981 | 31.7% | -17.0% |
| 1982 | 23.9% | -24.6% |
| 1983 | 27.9% | +16.4% |
| 1984 | 25.9% | -7.0% |
| 1985 | 28.3% | +9.2% |
| 1986 | 22.2% | -21.6% |
| 1987 | 30.0% | +35.3% |
| 1988 | 26.0% | -13.3% |
| 1989 | 33.7% | +29.3% |
| 1990 | 38.1% | +13.1% |
| 1991 | 24.5% | -35.7% |
| 1992 | 24.5% | +0.2% |
| 1993 | 24.2% | -1.4% |
| 1994 | 22.3% | -7.8% |
| 1995 | 24.1% | +7.9% |
| 1996 | 28.4% | +17.9% |
| 1997 | 25.2% | -11.3% |
| 1998 | 18.0% | -28.4% |
| 1999 | 24.3% | +34.6% |
| 2000 | 35.3% | +45.7% |
| 2001 | 29.7% | -16.0% |
| 2002 | 27.3% | -8.0% |
| 2003 | 26.0% | -4.9% |
| 2004 | 28.0% | +7.7% |
| 2005 | 33.3% | +18.8% |
| 2006 | 31.2% | -6.3% |
| 2007 | 28.6% | -8.3% |
| 2008 | 29.5% | +3.3% |
| 2009 | 25.6% | -13.3% |
| 2010 | 27.1% | +5.8% |
| 2011 | 33.5% | +23.7% |
| 2012 | 31.7% | -5.5% |
| 2013 | 30.9% | -2.5% |
| 2014 | 27.7% | -10.2% |
| 2015 | 16.6% | -40.3% |
| 2016 | 14.2% | -14.0% |
| 2017 | 16.9% | +19.0% |
| 2018 | 21.9% | +29.2% |
| 2019 | 20.2% | -7.7% |
| 2020 | 15.4% | -23.9% |
| 2021 | 24.0% | +56.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 44.7% | 35.7% | 56.8% | 10 |
| 1980s | 28.8% | 22.2% | 38.2% | 10 |
| 1990s | 25.4% | 18.0% | 38.1% | 10 |
| 2000s | 29.4% | 25.6% | 35.3% | 10 |
| 2010s | 24.1% | 14.2% | 33.5% | 10 |
| 2020s | 19.7% | 15.4% | 24.0% | 2 |
Countries ranked near Oman
More economy & growth data for Oman
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.93 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.18 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 11,104 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 0.2142 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 0.8271 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 16,777 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 0.2141 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 0.318 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 6,451 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 0.388 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: natural resources depletion in Oman?
- Adjusted savings: natural resources depletion in Oman was 24.0% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: natural resources depletion recorded in Oman?
- The highest recorded value was 56.8% in 1973.
- What is the lowest adjusted savings: natural resources depletion recorded in Oman?
- The lowest recorded value was 14.2% in 2016.
- How does Oman rank for adjusted savings: natural resources depletion?
- Oman ranks 5th out of 184 countries with data for 2021.
- Is adjusted savings: natural resources depletion rising or falling in Oman?
- Over the last ten years it is down 28.4%. The long-run trend across the full record is falling.
- Where does this Oman data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: natural resources depletion (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime (capped at 25 years). It covers coal, crude oil, and natural gas. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.