Changes in inventories in Oman
Oman: Changes in inventories was -283.10 million current LCU in 2024. ◆ Volatile
Changes in inventories in Oman, 1998–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Oman recorded -283.10 million current LCU for changes in inventories in 2024.
Compared with earlier readings it is down 129.1% on the previous year and up 34.1% over ten years.
Over the whole period, changes in inventories in Oman peaked at 2.18 billion current LCU in 2008 and was at its lowest, -1.15 billion current LCU, in 2020.
That places Oman 150th out of 185 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 278.20 million current LCU | 244.10 million current LCU | 312.30 million current LCU | 2 |
| 2000s | 726.71 million current LCU | -689.50 million current LCU | 2.18 billion current LCU | 10 |
| 2010s | 61.54 million current LCU | -928.00 million current LCU | 859.40 million current LCU | 10 |
| 2020s | 344.04 million current LCU | -1.15 billion current LCU | 1.85 billion current LCU | 5 |
Countries ranked near Oman
- 147 United States Virgin Islands -95.00 million current LCU compare
- 148 Suriname -160.00 million current LCU compare
- 149 Cyprus -282.70 million current LCU compare
- 151 El Salvador -311.09 million current LCU compare
- 152 South Africa -581.90 million current LCU compare
- 153 Lithuania -592.47 million current LCU compare
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 changes in inventories in Oman?
- Changes in inventories in Oman was -283.10 million current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest changes in inventories recorded in Oman?
- The highest recorded value was 2.18 billion current LCU in 2008.
- What is the lowest changes in inventories recorded in Oman?
- The lowest recorded value was -1.15 billion current LCU in 2020.
- How does Oman rank for changes in inventories?
- Oman ranks 150th out of 185 countries with data for 2024.
- Is changes in inventories rising or falling in Oman?
- Over the last ten years it is up 34.1%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Changes in inventories (current LCU). Statizoid updates them automatically from the source API.
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About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.