Final consumption expenditure in Oman
Oman: Final consumption expenditure was 58.65 billion constant 2015 US$ in 2024. ▲ Rising
Final consumption expenditure in Oman, 1998–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, final consumption expenditure in Oman stood at 58.65 billion constant 2015 US$. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 23.0% over ten years.
Over the whole period, final consumption expenditure in Oman peaked at 58.65 billion constant 2015 US$ in 2024 and was at its lowest, 16.71 billion constant 2015 US$, in 1999.
That places Oman 72nd out of 170 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.81 billion constant 2015 US$ | 16.71 billion constant 2015 US$ | 16.91 billion constant 2015 US$ | 2 |
| 2000s | 23.35 billion constant 2015 US$ | 17.20 billion constant 2015 US$ | 32.23 billion constant 2015 US$ | 10 |
| 2010s | 45.26 billion constant 2015 US$ | 34.11 billion constant 2015 US$ | 50.73 billion constant 2015 US$ | 10 |
| 2020s | 54.25 billion constant 2015 US$ | 50.10 billion constant 2015 US$ | 58.65 billion constant 2015 US$ | 5 |
Countries ranked near Oman
- 69 Qatar 68.85 billion constant 2015 US$ compare
- 70 Ghana 64.36 billion constant 2015 US$ compare
- 71 Costa Rica 61.55 billion constant 2015 US$ compare
- 73 Croatia 58.63 billion constant 2015 US$ compare
- 74 Bulgaria 57.60 billion constant 2015 US$ compare
- 75 Cote d'Ivoire 57.54 billion constant 2015 US$ 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 final consumption expenditure in Oman?
- Final consumption expenditure in Oman was 58.65 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Oman?
- The highest recorded value was 58.65 billion constant 2015 US$ in 2024.
- What is the lowest final consumption expenditure recorded in Oman?
- The lowest recorded value was 16.71 billion constant 2015 US$ in 1999.
- How does Oman rank for final consumption expenditure?
- Oman ranks 72nd out of 170 countries with data for 2024.
- Is final consumption expenditure rising or falling in Oman?
- Over the last ten years it is up 23.0%. The long-run trend across the full record is rising.
- Where does this Oman data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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 is 2015. This indicator is expressed in United States dollars.