Eritrea vs Oman: Gross domestic income
Gross domestic income over time
- Eritrea
- Oman
How they compare
Oman currently reports 37.67 billion constant LCU against 31.75 billion constant LCU in Eritrea, a difference of 5.92 billion constant LCU.
That makes Oman's figure about 1.2 times Eritrea's.
Across all 14 years both countries report, Eritrea has been ahead every year.
Eritrea ranks 144th and Oman ranks 141st of 178 countries.
Eritrea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Eritrea | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 27.62 billion constant LCU | 10.42 billion constant LCU | 17.20 billion constant LCU | Eritrea |
| 2000s | 29.00 billion constant LCU | 17.22 billion constant LCU | 11.78 billion constant LCU | Eritrea |
| 2010s | 30.28 billion constant LCU | 28.54 billion constant LCU | 1.74 billion constant LCU | Eritrea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic income, Eritrea or Oman?
- Oman, at 37.67 billion constant LCU against 31.75 billion constant LCU in Eritrea as of 2024.
- What is the difference in gross domestic income between Eritrea and Oman?
- 5.92 billion constant LCU, with Oman ahead.
- How many years of comparable data are there for Eritrea and Oman?
- 14 years are reported by both, from 1998 to 2011.
- How do Eritrea and Oman rank globally for gross domestic income?
- Eritrea ranks 144th and Oman ranks 141st of 178 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic income (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.