Final consumption expenditure in Oman
Oman: Final consumption expenditure was 22.93 billion constant LCU in 2024. ▲ Rising
Final consumption expenditure in Oman, 1998–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for final consumption expenditure in Oman is 22.93 billion constant LCU, measured in 2024. 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 22.93 billion constant LCU in 2024 and was at its lowest, 6.53 billion constant LCU, in 1999.
Oman ranks 149th of 176 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.57 billion constant LCU | 6.53 billion constant LCU | 6.61 billion constant LCU | 2 |
| 2000s | 9.13 billion constant LCU | 6.73 billion constant LCU | 12.60 billion constant LCU | 10 |
| 2010s | 17.70 billion constant LCU | 13.34 billion constant LCU | 19.83 billion constant LCU | 10 |
| 2020s | 21.21 billion constant LCU | 19.59 billion constant LCU | 22.93 billion constant LCU | 5 |
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 final consumption expenditure in Oman?
- Final consumption expenditure in Oman was 22.93 billion constant LCU 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 22.93 billion constant LCU in 2024.
- What is the lowest final consumption expenditure recorded in Oman?
- The lowest recorded value was 6.53 billion constant LCU in 1999.
- How does Oman rank for final consumption expenditure?
- Oman ranks 149th out of 176 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 LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 varies by country. This series is expressed in local currency units.