Annual GDP growth in Oman
Oman: Annual GDP growth was 1.6% in 2024. β Volatile
Latest (2024)
1.6%
Change on year
up 15.4%
World rank
142nd
of 196 countries
All-time high
9.0%
in 2008
All-time low
-3.4%
in 2020
Years of data
25
2000β2024
Annual GDP growth in Oman, 2000β2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual gdp growth in Oman stood at 1.6%.
The figure is up 15.4% on the previous year and up 26.3% over ten years.
Over the whole period, annual gdp growth in Oman peaked at 9.0% in 2008 and was at its lowest, -3.4%, in 2020.
Oman ranks 142nd of 196 countries on this measure, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.7% | -2.2% | 9.0% | 10 |
| 2010s | 3.1% | -1.1% | 8.9% | 10 |
| 2020s | 2.0% | -3.4% | 8.0% | 5 |
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)
- Taxes less subsidies on products (current LCU), annual growth rate -18.58 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP -0.0021 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita -41.61 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 1.9 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.5266 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 0.3845 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 2.6 (2025)
- Gdp worldbank constant usd, annual growth rate 2.4 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Oman?
- Annual gdp growth in Oman was 1.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Oman?
- The highest recorded value was 9.0% in 2008.
- What is the lowest annual gdp growth recorded in Oman?
- The lowest recorded value was -3.4% in 2020.
- How does Oman rank for annual gdp growth?
- Oman ranks 142nd out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Oman?
- Over the last ten years it is up 26.3%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).