Annual GDP growth in Oman
Oman: Annual GDP growth was 1.3% in 2023. ◆ Volatile
Latest (2023)
1.3%
Change on year
down 86.3%
World rank
149th
of 211 countries
All-time high
9.6%
in 2022
All-time low
-3.4%
in 2020
Years of data
24
2000–2023
Annual GDP growth in Oman, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual gdp growth in Oman is 1.3%, measured in 2023.
Compared with earlier readings it is down 86.3% on the previous year and down 75.0% over ten years.
Over the whole period, annual gdp growth in Oman peaked at 9.6% in 2022 and was at its lowest, -3.4%, in 2020.
Oman ranks 149th of 211 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% | 8.9% | 10 |
| 2010s | 3.1% | -1.1% | 8.9% | 10 |
| 2020s | 2.5% | -3.4% | 9.6% | 4 |
Countries ranked near Oman
More economy & growth data for Oman
- External balance on goods and services as a percent of GDP 17.3% (2024)
- Inflation of consumer prices 1.0% (2025)
- GDP per capita 17,074 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 9.4% (2025)
- Gross domestic product (GDP) 93.82 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 17,074 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.3845 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -3.57 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -9.29 billion current US$ (2024)
- Taxes less subsidies on products -228.64 million current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Oman?
- Annual gdp growth in Oman was 1.3% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in Oman?
- The highest recorded value was 9.6% in 2022.
- 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 149th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Oman?
- Over the last ten years it is down 75.0%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual GDP growth (%)