Final consumption expenditure (current LCU) in Oman
Oman: Final consumption expenditure (current LCU) was 23.83 billion current LCU in 2024. ◆ Volatile
Final consumption expenditure in Oman, 1967–2024
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 188 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.
Final consumption expenditure (current LCU) in Oman, year by year
| Year | current LCU | Change |
|---|---|---|
| 1967 | 22.30 million current LCU | — |
| 1968 | 25.20 million current LCU | +13.0% |
| 1969 | 28.00 million current LCU | +11.1% |
| 1970 | 34.40 million current LCU | +22.9% |
| 1971 | 47.40 million current LCU | +37.8% |
| 1972 | 76.80 million current LCU | +62.0% |
| 1973 | 103.60 million current LCU | +34.9% |
| 1974 | 246.80 million current LCU | +138.2% |
| 1975 | 344.10 million current LCU | +39.4% |
| 1976 | 422.50 million current LCU | +22.8% |
| 1977 | 514.70 million current LCU | +21.8% |
| 1978 | 583.20 million current LCU | +13.3% |
| 1979 | 691.70 million current LCU | +18.6% |
| 1980 | 1.09 billion current LCU | +57.4% |
| 1981 | 1.26 billion current LCU | +16.1% |
| 1982 | 1.51 billion current LCU | +19.8% |
| 1983 | 1.59 billion current LCU | +4.9% |
| 1984 | 1.75 billion current LCU | +10.0% |
| 1985 | 2.06 billion current LCU | +18.2% |
| 1986 | 1.95 billion current LCU | -5.6% |
| 1987 | 1.84 billion current LCU | -5.4% |
| 1988 | 2.14 billion current LCU | +15.9% |
| 1989 | 2.26 billion current LCU | +5.8% |
| 1990 | 2.85 billion current LCU | +26.2% |
| 1991 | 3.12 billion current LCU | +9.4% |
| 1992 | 3.33 billion current LCU | +6.7% |
| 1993 | 3.47 billion current LCU | +4.4% |
| 1994 | 3.53 billion current LCU | +1.5% |
| 1995 | 3.79 billion current LCU | +7.5% |
| 1996 | 3.97 billion current LCU | +4.5% |
| 1997 | 4.03 billion current LCU | +1.7% |
| 1998 | 4.24 billion current LCU | +5.1% |
| 1999 | 4.33 billion current LCU | +2.2% |
| 2000 | 4.54 billion current LCU | +4.9% |
| 2001 | 4.81 billion current LCU | +5.9% |
| 2002 | 4.93 billion current LCU | +2.4% |
| 2003 | 5.31 billion current LCU | +7.7% |
| 2004 | 6.05 billion current LCU | +13.9% |
| 2005 | 6.52 billion current LCU | +7.9% |
| 2006 | 7.36 billion current LCU | +12.9% |
| 2007 | 8.52 billion current LCU | +15.7% |
| 2008 | 10.58 billion current LCU | +24.2% |
| 2009 | 11.08 billion current LCU | +4.8% |
| 2010 | 12.20 billion current LCU | +10.0% |
| 2011 | 13.75 billion current LCU | +12.7% |
| 2012 | 15.60 billion current LCU | +13.5% |
| 2013 | 16.64 billion current LCU | +6.7% |
| 2014 | 18.10 billion current LCU | +8.7% |
| 2015 | 18.37 billion current LCU | +1.5% |
| 2016 | 18.53 billion current LCU | +0.9% |
| 2017 | 19.80 billion current LCU | +6.9% |
| 2018 | 19.83 billion current LCU | +0.2% |
| 2019 | 20.53 billion current LCU | +3.5% |
| 2020 | 20.47 billion current LCU | -0.3% |
| 2021 | 20.63 billion current LCU | +0.7% |
| 2022 | 21.93 billion current LCU | +6.3% |
| 2023 | 23.11 billion current LCU | +5.4% |
| 2024 | 23.83 billion current LCU | +3.1% |
Oman compared with similar countries
- Oman's 23.83 billion current LCU is below the median for high income countries, which is 326.40 billion current LCU, 7% of the median. (67 countries reporting)
- Oman's 23.83 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.32 trillion current LCU, 2% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure (current LCU) 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 |
|---|---|---|---|
| 1974 | +138.2% | 103.60 million current LCU | 246.80 million current LCU |
| 1972 | +62.0% | 47.40 million current LCU | 76.80 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 156 Seychelles 33.16 billion current LCU compare
- 157 Estonia 30.85 billion current LCU compare
- 158 Cyprus 27.40 billion current LCU compare
- 160 Sao Tome and Principe 23.69 billion current LCU compare
- 161 Turkmenistan 21.06 billion current LCU compare
- 162 Faroe Islands 19.13 billion current LCU compare
More economy & growth data for Oman
- Real gdp growth, annual growth rate 46.63 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 2.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 178.8 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0065 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 130.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.33 % change on previous year (2025)
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 188 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
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.