Divergence of GDP per capita among latecomers to the capitalist revolution in Oman
Oman: Divergence of GDP per capita among latecomers to the capitalist revolution was 36,478 2011$ in 2018. ◆ Volatile
Latest (2018)
36,478 2011$
Change on year
down 1.7%
World rank
25th
of 145 countries
All-time high
46,182 2011$
in 2010
All-time low
993 2011$
in 1950
Years of data
69
1950–2018
Divergence of GDP per capita among latecomers to the capitalist revolution in Oman, 1950–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
In 2018, divergence of gdp per capita among latecomers to the capitalist revolution in Oman stood at 36,478 2011$.
Compared with earlier readings it is down 1.7% on the previous year and down 10.8% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Oman peaked at 46,182 2011$ in 2010 and was at its lowest, 993 2011$, in 1950.
That places Oman 25th out of 145 countries with data for 2018, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Divergence of GDP per capita among latecomers to the capitalist revolution in Oman, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1950 | 993 2011$ | — |
| 1951 | 1,036 2011$ | +4.3% |
| 1952 | 1,079 2011$ | +4.2% |
| 1953 | 1,127 2011$ | +4.4% |
| 1954 | 1,173 2011$ | +4.1% |
| 1955 | 1,221 2011$ | +4.1% |
| 1956 | 1,274 2011$ | +4.3% |
| 1957 | 1,325 2011$ | +4.0% |
| 1958 | 1,380 2011$ | +4.2% |
| 1959 | 1,435 2011$ | +4.0% |
| 1960 | 1,490 2011$ | +3.8% |
| 1961 | 1,471 2011$ | -1.3% |
| 1962 | 1,728 2011$ | +17.5% |
| 1963 | 1,758 2011$ | +1.7% |
| 1964 | 1,714 2011$ | -2.5% |
| 1965 | 1,678 2011$ | -2.1% |
| 1966 | 1,722 2011$ | +2.6% |
| 1967 | 2,788 2011$ | +61.9% |
| 1968 | 4,932 2011$ | +76.9% |
| 1969 | 6,028 2011$ | +22.2% |
| 1970 | 6,056 2011$ | +0.5% |
| 1971 | 5,923 2011$ | -2.2% |
| 1972 | 6,271 2011$ | +5.9% |
| 1973 | 5,227 2011$ | -16.6% |
| 1974 | 5,644 2011$ | +8.0% |
| 1975 | 6,802 2011$ | +20.5% |
| 1976 | 7,328 2011$ | +7.7% |
| 1977 | 6,998 2011$ | -4.5% |
| 1978 | 6,513 2011$ | -6.9% |
| 1979 | 6,446 2011$ | -1.0% |
| 1980 | 6,491 2011$ | +0.7% |
| 1981 | 7,210 2011$ | +11.1% |
| 1982 | 7,651 2011$ | +6.1% |
| 1983 | 8,521 2011$ | +11.4% |
| 1984 | 9,526 2011$ | +11.8% |
| 1985 | 10,433 2011$ | +9.5% |
| 1986 | 10,268 2011$ | -1.6% |
| 1987 | 10,699 2011$ | +4.2% |
| 1988 | 10,633 2011$ | -0.6% |
| 1989 | 10,692 2011$ | +0.6% |
| 1990 | 10,327 2011$ | -3.4% |
| 1991 | 11,131 2011$ | +7.8% |
| 1992 | 12,251 2011$ | +10.1% |
| 1993 | 13,227 2011$ | +8.0% |
| 1994 | 14,080 2011$ | +6.4% |
| 1995 | 15,292 2011$ | +8.6% |
| 1996 | 16,491 2011$ | +7.8% |
| 1997 | 18,518 2011$ | +12.3% |
| 1998 | 20,213 2011$ | +9.2% |
| 1999 | 21,520 2011$ | +6.5% |
| 2000 | 24,186 2011$ | +12.4% |
| 2001 | 26,431 2011$ | +9.3% |
| 2002 | 27,142 2011$ | +2.7% |
| 2003 | 27,314 2011$ | +0.6% |
| 2004 | 28,607 2011$ | +4.7% |
| 2005 | 30,393 2011$ | +6.2% |
| 2006 | 33,375 2011$ | +9.8% |
| 2007 | 36,425 2011$ | +9.1% |
| 2008 | 40,910 2011$ | +12.3% |
| 2009 | 44,245 2011$ | +8.2% |
| 2010 | 46,182 2011$ | +4.4% |
| 2011 | 44,454 2011$ | -3.7% |
| 2012 | 44,008 2011$ | -1.0% |
| 2013 | 41,680 2011$ | -5.3% |
| 2014 | 39,418 2011$ | -5.4% |
| 2015 | 38,738 2011$ | -1.7% |
| 2016 | 38,515 2011$ | -0.6% |
| 2017 | 37,102 2011$ | -3.7% |
| 2018 | 36,478 2011$ | -1.7% |
Oman compared with similar countries
- Oman's 36,478 2011$ is above the median for high income countries, which is 35,336 2011$, 1.0× the median. (51 countries reporting)
- Oman's 36,478 2011$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 13,532 2011$, 2.7× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Divergence of GDP per capita among latecomers to the capitalist revolution in Oman changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1968 | +76.9% | 2,788 2011$ | 4,932 2011$ |
| 1967 | +61.9% | 1,722 2011$ | 2,788 2011$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1,204 2011$ | 993 2011$ | 1,435 2011$ | 10 |
| 1960s | 2,531 2011$ | 1,471 2011$ | 6,028 2011$ | 10 |
| 1970s | 6,321 2011$ | 5,227 2011$ | 7,328 2011$ | 10 |
| 1980s | 9,212 2011$ | 6,491 2011$ | 10,699 2011$ | 10 |
| 1990s | 15,305 2011$ | 10,327 2011$ | 21,520 2011$ | 10 |
| 2000s | 31,903 2011$ | 24,186 2011$ | 44,245 2011$ | 10 |
| 2010s | 40,730 2011$ | 36,478 2011$ | 46,182 2011$ | 9 |
Countries ranked near Oman
- 22 Japan 38,674 2011$ compare
- 23 France 38,516 2011$ compare
- 24 United Kingdom of Great Britain and Northern Ireland 38,058 2011$ compare
- 26 New Zealand 35,336 2011$ compare
- 27 Puerto Rico 35,076 2011$ compare
- 28 Italy 34,364 2011$ compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -142.78 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0013 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -27.03 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 12.47 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -0.6369 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1164 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,360 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Oman?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Oman was 36,478 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Oman?
- The highest recorded value was 46,182 2011$ in 2010.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Oman?
- The lowest recorded value was 993 2011$ in 1950.
- How does Oman rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Oman ranks 25th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Oman?
- Over the last ten years it is down 10.8%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
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About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]