GDP (current LCU) (UNICEF) in Oman
Oman: GDP (current LCU) (UNICEF) was 41.19 billion in 2024. ◆ Volatile
Latest (2024)
41.19 billion
Change on year
up 0.9%
World rank
61st
of 74 countries
All-time high
42.24 billion
in 2022
All-time low
15.80 million
in 1960
Years of data
65
1960–2024
GDP in Oman, 1960–2024
Source: UNICEF.
Analysis
Oman recorded 41.19 billion for gdp in 2024.
The figure is up 0.9% on the previous year and up 15.6% over ten years.
Over the whole period, gdp in Oman peaked at 42.24 billion in 2022 and was at its lowest, 15.80 million, in 1960.
Oman ranks 61st of 74 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (UNICEF) in Oman, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 15.80 million | — |
| 1961 | 16.30 million | +3.2% |
| 1962 | 20.10 million | +23.3% |
| 1963 | 21.40 million | +6.5% |
| 1964 | 22.10 million | +3.3% |
| 1965 | 22.60 million | +2.3% |
| 1966 | 24.20 million | +7.1% |
| 1967 | 38.80 million | +60.3% |
| 1968 | 78.70 million | +102.8% |
| 1969 | 100.00 million | +27.1% |
| 1970 | 106.80 million | +6.8% |
| 1971 | 125.10 million | +17.1% |
| 1972 | 140.80 million | +12.5% |
| 1973 | 169.40 million | +20.3% |
| 1974 | 568.50 million | +235.6% |
| 1975 | 724.20 million | +27.4% |
| 1976 | 884.30 million | +22.1% |
| 1977 | 946.80 million | +7.1% |
| 1978 | 946.50 million | -0.0% |
| 1979 | 1.29 billion | +36.2% |
| 1980 | 2.07 billion | +60.2% |
| 1981 | 2.51 billion | +21.4% |
| 1982 | 2.61 billion | +4.1% |
| 1983 | 2.74 billion | +5.0% |
| 1984 | 3.05 billion | +11.2% |
| 1985 | 3.46 billion | +13.4% |
| 1986 | 2.80 billion | -19.0% |
| 1987 | 3.00 billion | +7.4% |
| 1988 | 3.22 billion | +7.4% |
| 1989 | 3.60 billion | +11.8% |
| 1990 | 5.12 billion | +42.0% |
| 1991 | 4.97 billion | -2.9% |
| 1992 | 5.45 billion | +9.8% |
| 1993 | 5.47 billion | +0.3% |
| 1994 | 5.66 billion | +3.4% |
| 1995 | 6.05 billion | +6.8% |
| 1996 | 6.69 billion | +10.7% |
| 1997 | 6.94 billion | +3.7% |
| 1998 | 6.17 billion | -11.1% |
| 1999 | 6.86 billion | +11.1% |
| 2000 | 8.56 billion | +24.8% |
| 2001 | 8.54 billion | -0.2% |
| 2002 | 8.87 billion | +3.9% |
| 2003 | 9.51 billion | +7.2% |
| 2004 | 10.91 billion | +14.7% |
| 2005 | 13.65 billion | +25.1% |
| 2006 | 16.37 billion | +19.9% |
| 2007 | 18.57 billion | +13.4% |
| 2008 | 26.84 billion | +44.5% |
| 2009 | 21.32 billion | -20.6% |
| 2010 | 24.99 billion | +17.2% |
| 2011 | 29.80 billion | +19.2% |
| 2012 | 33.61 billion | +12.8% |
| 2013 | 34.58 billion | +2.9% |
| 2014 | 35.64 billion | +3.1% |
| 2015 | 30.26 billion | -15.1% |
| 2016 | 28.89 billion | -4.6% |
| 2017 | 31.09 billion | +7.6% |
| 2018 | 35.18 billion | +13.2% |
| 2019 | 33.86 billion | -3.8% |
| 2020 | 29.19 billion | -13.8% |
| 2021 | 33.58 billion | +15.0% |
| 2022 | 42.24 billion | +25.8% |
| 2023 | 40.82 billion | -3.3% |
| 2024 | 41.19 billion | +0.9% |
Oman compared with similar countries
- Oman's 41.19 billion is below the median for high income countries, which is 528.44 billion, 8% of the median. (42 countries reporting)
- Oman's 41.19 billion is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.20 trillion, 3% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU) (UNICEF) 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 | +235.6% | 169.40 million | 568.50 million |
| 1968 | +102.8% | 38.80 million | 78.70 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 36.00 million | 15.80 million | 100.00 million | 10 |
| 1970s | 590.19 million | 106.80 million | 1.29 billion | 10 |
| 1980s | 2.91 billion | 2.07 billion | 3.60 billion | 10 |
| 1990s | 5.94 billion | 4.97 billion | 6.94 billion | 10 |
| 2000s | 14.31 billion | 8.54 billion | 26.84 billion | 10 |
| 2010s | 31.79 billion | 24.99 billion | 35.64 billion | 10 |
| 2020s | 37.40 billion | 29.19 billion | 42.24 billion | 5 |
Countries ranked near Oman
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 gdp in Oman?
- Gdp in Oman was 41.19 billion in 2024, according to UNICEF.
- What is the highest gdp recorded in Oman?
- The highest recorded value was 42.24 billion in 2022.
- What is the lowest gdp recorded in Oman?
- The lowest recorded value was 15.80 million in 1960.
- How does Oman rank for gdp?
- Oman ranks 61st out of 74 countries with data for 2024.
- Is gdp rising or falling in Oman?
- Over the last ten years it is up 15.6%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from UNICEF, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
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