Final consumption expenditure in Oman
Oman: Final consumption expenditure was 61.99 billion current US$ in 2024. ◆ Volatile
Final consumption expenditure in Oman, 1967–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Oman recorded 61.99 billion current US$ for final consumption expenditure in 2024. That is the highest value across all 58 years on record.
The figure is 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 61.99 billion current US$ in 2024 and was at its lowest, 60.48 million current US$, in 1968.
That places Oman 81st out of 188 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Oman, year by year
| Year | current US$ | Change |
|---|---|---|
| 1967 | 61.58 million current US$ | — |
| 1968 | 60.48 million current US$ | -1.8% |
| 1969 | 67.20 million current US$ | +11.1% |
| 1970 | 82.56 million current US$ | +22.9% |
| 1971 | 114.05 million current US$ | +38.1% |
| 1972 | 200.12 million current US$ | +75.5% |
| 1973 | 295.43 million current US$ | +47.6% |
| 1974 | 714.53 million current US$ | +141.9% |
| 1975 | 996.24 million current US$ | +39.4% |
| 1976 | 1.22 billion current US$ | +22.8% |
| 1977 | 1.49 billion current US$ | +21.8% |
| 1978 | 1.69 billion current US$ | +13.3% |
| 1979 | 2.00 billion current US$ | +18.6% |
| 1980 | 3.15 billion current US$ | +57.4% |
| 1981 | 3.66 billion current US$ | +16.1% |
| 1982 | 4.38 billion current US$ | +19.8% |
| 1983 | 4.60 billion current US$ | +4.9% |
| 1984 | 5.06 billion current US$ | +10.0% |
| 1985 | 5.97 billion current US$ | +18.2% |
| 1986 | 5.10 billion current US$ | -14.6% |
| 1987 | 4.79 billion current US$ | -6.0% |
| 1988 | 5.55 billion current US$ | +15.9% |
| 1989 | 5.88 billion current US$ | +5.8% |
| 1990 | 7.42 billion current US$ | +26.2% |
| 1991 | 8.12 billion current US$ | +9.4% |
| 1992 | 8.66 billion current US$ | +6.7% |
| 1993 | 9.04 billion current US$ | +4.4% |
| 1994 | 9.17 billion current US$ | +1.5% |
| 1995 | 9.87 billion current US$ | +7.5% |
| 1996 | 10.31 billion current US$ | +4.5% |
| 1997 | 10.49 billion current US$ | +1.7% |
| 1998 | 11.02 billion current US$ | +5.1% |
| 1999 | 11.27 billion current US$ | +2.2% |
| 2000 | 11.81 billion current US$ | +4.9% |
| 2001 | 12.51 billion current US$ | +5.9% |
| 2002 | 12.81 billion current US$ | +2.4% |
| 2003 | 13.80 billion current US$ | +7.7% |
| 2004 | 15.72 billion current US$ | +13.9% |
| 2005 | 16.96 billion current US$ | +7.9% |
| 2006 | 19.15 billion current US$ | +12.9% |
| 2007 | 22.16 billion current US$ | +15.7% |
| 2008 | 27.51 billion current US$ | +24.2% |
| 2009 | 28.83 billion current US$ | +4.8% |
| 2010 | 31.72 billion current US$ | +10.0% |
| 2011 | 35.76 billion current US$ | +12.7% |
| 2012 | 40.57 billion current US$ | +13.5% |
| 2013 | 43.28 billion current US$ | +6.7% |
| 2014 | 47.07 billion current US$ | +8.7% |
| 2015 | 47.78 billion current US$ | +1.5% |
| 2016 | 48.19 billion current US$ | +0.9% |
| 2017 | 51.49 billion current US$ | +6.9% |
| 2018 | 51.57 billion current US$ | +0.2% |
| 2019 | 53.39 billion current US$ | +3.5% |
| 2020 | 53.25 billion current US$ | -0.3% |
| 2021 | 53.64 billion current US$ | +0.7% |
| 2022 | 57.04 billion current US$ | +6.3% |
| 2023 | 60.11 billion current US$ | +5.4% |
| 2024 | 61.99 billion current US$ | +3.1% |
Oman compared with similar countries
- Oman's 61.99 billion current US$ is below the median for high income countries, which is 123.73 billion current US$, 50% of the median. (67 countries reporting)
- Oman's 61.99 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 61.99 billion current US$, 1.0× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure in Oman changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +141.9% | 295.43 million current US$ | 714.53 million current US$ |
| 1972 | +75.5% | 114.05 million current US$ | 200.12 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 63.09 million current US$ | 60.48 million current US$ | 67.20 million current US$ | 3 |
| 1970s | 880.74 million current US$ | 82.56 million current US$ | 2.00 billion current US$ | 10 |
| 1980s | 4.82 billion current US$ | 3.15 billion current US$ | 5.97 billion current US$ | 10 |
| 1990s | 9.54 billion current US$ | 7.42 billion current US$ | 11.27 billion current US$ | 10 |
| 2000s | 18.13 billion current US$ | 11.81 billion current US$ | 28.83 billion current US$ | 10 |
| 2010s | 45.08 billion current US$ | 31.72 billion current US$ | 53.39 billion current US$ | 10 |
| 2020s | 57.21 billion current US$ | 53.25 billion current US$ | 61.99 billion current US$ | 5 |
Countries ranked near Oman
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -142.78 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0013 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -27.03 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 12.47 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -0.6369 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1164 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,360 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure in Oman?
- Final consumption expenditure in Oman was 61.99 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Oman?
- The highest recorded value was 61.99 billion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in Oman?
- The lowest recorded value was 60.48 million current US$ in 1968.
- How does Oman rank for final consumption expenditure?
- Oman ranks 81st 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 Offices (NSOs), published as part of Final consumption expenditure (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.