Final consumption expenditure in Oman

Oman: Final consumption expenditure was 23.83 billion current LCU in 2024. ◆ Volatile

Latest (2024)
23.83 billion current LCU
Change on year
up 3.1%
World rank
159th
of 187 countries
All-time high
23.83 billion current LCU
in 2024
All-time low
22.30 million current LCU
in 1967
Years of data
58
1967–2024

Final consumption expenditure in Oman, 1967–2024

05.0B10.0B15.0B20.0B25.0B196719952024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

The most recent figure for final consumption expenditure in Oman is 23.83 billion current LCU, measured in 2024. That is the highest value across all 58 years on record.

That represents a change of up 3.1% on the previous year and up 31.7% over ten years.

Over the whole period, final consumption expenditure in Oman peaked at 23.83 billion current LCU in 2024 and was at its lowest, 22.30 million current LCU, in 1967.

That places Oman 159th out of 187 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

DecadeAverage LowestHighest Years
1960s 25.17 million current LCU 22.30 million current LCU 28.00 million current LCU 3
1970s 306.52 million current LCU 34.40 million current LCU 691.70 million current LCU 10
1980s 1.75 billion current LCU 1.09 billion current LCU 2.26 billion current LCU 10
1990s 3.67 billion current LCU 2.85 billion current LCU 4.33 billion current LCU 10
2000s 6.97 billion current LCU 4.54 billion current LCU 11.08 billion current LCU 10
2010s 17.33 billion current LCU 12.20 billion current LCU 20.53 billion current LCU 10
2020s 22.00 billion current LCU 20.47 billion current LCU 23.83 billion current LCU 5

Countries ranked near Oman

  1. 156 Seychelles 33.16 billion current LCU compare
  2. 157 Estonia 30.85 billion current LCU compare
  3. 158 Cyprus 27.40 billion current LCU compare
  4. 160 Sao Tome and Principe 23.69 billion current LCU compare
  5. 161 Turkmenistan 21.06 billion current LCU compare
  6. 162 Faroe Islands 19.13 billion current LCU compare

See the full ranking of 187 places →

More economy & growth data for Oman

All data for Oman →

Frequently asked questions

What is final consumption expenditure in Oman?
Final consumption expenditure in Oman was 23.83 billion current 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 23.83 billion current LCU in 2024.
What is the lowest final consumption expenditure recorded in Oman?
The lowest recorded value was 22.30 million current LCU in 1967.
How does Oman rank for final consumption expenditure?
Oman ranks 159th out of 187 countries with data for 2024.
Is final consumption expenditure rising or falling in Oman?
Over the last ten years it is up 31.7%. 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 Organizations and/or Central Banks, published as part of Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Final consumption expenditure (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,766 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.