Final consumption expenditure (current US$), annual growth rate in Oman
Oman: Final consumption expenditure (current US$), annual growth rate was 3.12 % change on previous year in 2024. ◆ Volatile
Final consumption expenditure (current US$), annual growth rate in Oman, 1968–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, final consumption expenditure (current us$), annual growth rate in Oman stood at 3.12 % change on previous year.
Compared with earlier readings it is down 42.1% on the previous year and down 64.3% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in Oman peaked at 141.86 % change on previous year in 1974 and was at its lowest, -14.6 % change on previous year, in 1986.
That places Oman 158th out of 187 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), annual growth rate in Oman, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1968 | -1.79 % change on previous year | — |
| 1969 | 11.11 % change on previous year | -719.4% |
| 1970 | 22.86 % change on previous year | +105.7% |
| 1971 | 38.14 % change on previous year | +66.9% |
| 1972 | 75.46 % change on previous year | +97.8% |
| 1973 | 47.63 % change on previous year | -36.9% |
| 1974 | 141.86 % change on previous year | +197.9% |
| 1975 | 39.42 % change on previous year | -72.2% |
| 1976 | 22.78 % change on previous year | -42.2% |
| 1977 | 21.82 % change on previous year | -4.2% |
| 1978 | 13.31 % change on previous year | -39.0% |
| 1979 | 18.6 % change on previous year | +39.8% |
| 1980 | 57.44 % change on previous year | +208.7% |
| 1981 | 16.05 % change on previous year | -72.1% |
| 1982 | 19.77 % change on previous year | +23.2% |
| 1983 | 4.86 % change on previous year | -75.4% |
| 1984 | 10.03 % change on previous year | +106.3% |
| 1985 | 18.16 % change on previous year | +81.1% |
| 1986 | -14.6 % change on previous year | -180.4% |
| 1987 | -6.04 % change on previous year | -58.6% |
| 1988 | 15.86 % change on previous year | -362.5% |
| 1989 | 5.84 % change on previous year | -63.2% |
| 1990 | 26.24 % change on previous year | +349.5% |
| 1991 | 9.38 % change on previous year | -64.3% |
| 1992 | 6.67 % change on previous year | -28.9% |
| 1993 | 4.36 % change on previous year | -34.6% |
| 1994 | 1.51 % change on previous year | -65.5% |
| 1995 | 7.54 % change on previous year | +401.3% |
| 1996 | 4.54 % change on previous year | -39.8% |
| 1997 | 1.68 % change on previous year | -63.1% |
| 1998 | 5.07 % change on previous year | +202.5% |
| 1999 | 2.25 % change on previous year | -55.7% |
| 2000 | 4.85 % change on previous year | +115.6% |
| 2001 | 5.93 % change on previous year | +22.3% |
| 2002 | 2.38 % change on previous year | -59.8% |
| 2003 | 7.7 % change on previous year | +223.1% |
| 2004 | 13.94 % change on previous year | +81.1% |
| 2005 | 7.86 % change on previous year | -43.6% |
| 2006 | 12.92 % change on previous year | +64.4% |
| 2007 | 15.7 % change on previous year | +21.5% |
| 2008 | 24.16 % change on previous year | +53.9% |
| 2009 | 4.79 % change on previous year | -80.2% |
| 2010 | 10.04 % change on previous year | +109.6% |
| 2011 | 12.73 % change on previous year | +26.8% |
| 2012 | 13.46 % change on previous year | +5.7% |
| 2013 | 6.68 % change on previous year | -50.4% |
| 2014 | 8.75 % change on previous year | +31.0% |
| 2015 | 1.51 % change on previous year | -82.8% |
| 2016 | 0.8525 % change on previous year | -43.4% |
| 2017 | 6.85 % change on previous year | +704.0% |
| 2018 | 0.1666 % change on previous year | -97.6% |
| 2019 | 3.52 % change on previous year | +2011.0% |
| 2020 | -0.2688 % change on previous year | -107.6% |
| 2021 | 0.7452 % change on previous year | -377.3% |
| 2022 | 6.33 % change on previous year | +749.7% |
| 2023 | 5.39 % change on previous year | -14.9% |
| 2024 | 3.12 % change on previous year | -42.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.66 % change on previous year | -1.79 % change on previous year | 11.11 % change on previous year | 2 |
| 1970s | 44.19 % change on previous year | 13.31 % change on previous year | 141.86 % change on previous year | 10 |
| 1980s | 12.74 % change on previous year | -14.6 % change on previous year | 57.44 % change on previous year | 10 |
| 1990s | 6.92 % change on previous year | 1.51 % change on previous year | 26.24 % change on previous year | 10 |
| 2000s | 10.03 % change on previous year | 2.38 % change on previous year | 24.16 % change on previous year | 10 |
| 2010s | 6.45 % change on previous year | 0.1666 % change on previous year | 13.46 % change on previous year | 10 |
| 2020s | 3.06 % change on previous year | -0.2688 % change on previous year | 6.33 % change on previous year | 5 |
Countries ranked near Oman
- 155 French Polynesia 3.5 % change on previous year compare
- 156 Ecuador 3.35 % change on previous year compare
- 157 Saudi Arabia 3.13 % change on previous year compare
- 159 Bahrain 3.07 % change on previous year compare
- 160 Canada 3.06 % change on previous year compare
- 161 Hong Kong, China 2.95 % change on previous year 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)
- Households and NPISHs Final consumption expenditure (current LCU) 4.54 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.1504 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 3,052 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.84 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3862 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 7,834 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.5786 current US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), per capita 11,737 current US$ per person (2024)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in Oman?
- Final consumption expenditure (current us$), annual growth rate in Oman was 3.12 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in Oman?
- The highest recorded value was 141.86 % change on previous year in 1974.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in Oman?
- The lowest recorded value was -14.6 % change on previous year in 1986.
- How does Oman rank for final consumption expenditure (current us$), annual growth rate?
- Oman ranks 158th out of 187 countries with data for 2024.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in Oman?
- Over the last ten years it is down 64.3%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.