GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Oman
Oman: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was -0.6736 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-0.6736 % change on previous year
Change on year
up 85.8%
World rank
200th
of 209 countries
All-time high
161.69 % change on previous year
in 1974
All-time low
-25.04 % change on previous year
in 2009
Years of data
54
1971–2024
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Oman, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Oman recorded -0.6736 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2024.
The figure is up 85.8% on the previous year and down 138.3% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Oman peaked at 161.69 % change on previous year in 1974 and was at its lowest, -25.04 % change on previous year, in 2009.
Oman ranks 200th of 209 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 Deflator — Value Standard Local Currency, 2015 prices, annual in Oman, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 15.95 % change on previous year | — |
| 1972 | 3.04 % change on previous year | -81.0% |
| 1973 | 39.88 % change on previous year | +1213.1% |
| 1974 | 161.69 % change on previous year | +305.4% |
| 1975 | -0.9346 % change on previous year | -100.6% |
| 1976 | 5.29 % change on previous year | -665.8% |
| 1977 | -8.99 % change on previous year | -270.0% |
| 1978 | -15 % change on previous year | +66.8% |
| 1979 | 30.62 % change on previous year | -304.2% |
| 1980 | 50.85 % change on previous year | +66.1% |
| 1981 | 2.81 % change on previous year | -94.5% |
| 1982 | -5.75 % change on previous year | -304.5% |
| 1983 | -6.37 % change on previous year | +10.7% |
| 1984 | -3.25 % change on previous year | -49.0% |
| 1985 | -2.99 % change on previous year | -7.8% |
| 1986 | -14.29 % change on previous year | +377.5% |
| 1987 | 9.93 % change on previous year | -169.5% |
| 1988 | -7.65 % change on previous year | -177.1% |
| 1989 | 8.52 % change on previous year | -211.4% |
| 1990 | 15.04 % change on previous year | +76.5% |
| 1991 | -8.47 % change on previous year | -156.3% |
| 1992 | 1.19 % change on previous year | -114.0% |
| 1993 | -5.46 % change on previous year | -560.3% |
| 1994 | -0.4286 % change on previous year | -92.2% |
| 1995 | 1.92 % change on previous year | -548.3% |
| 1996 | 7.57 % change on previous year | +294.0% |
| 1997 | -2.37 % change on previous year | -131.2% |
| 1998 | -11.48 % change on previous year | +385.1% |
| 1999 | 10.82 % change on previous year | -194.2% |
| 2000 | 17.55 % change on previous year | +62.2% |
| 2001 | -4.64 % change on previous year | -126.4% |
| 2002 | 4.69 % change on previous year | -201.1% |
| 2003 | 9.64 % change on previous year | +105.4% |
| 2004 | 12.5 % change on previous year | +29.7% |
| 2005 | 21.73 % change on previous year | +73.9% |
| 2006 | 14.56 % change on previous year | -33.0% |
| 2007 | 8.06 % change on previous year | -44.7% |
| 2008 | 32.65 % change on previous year | +305.1% |
| 2009 | -25.04 % change on previous year | -176.7% |
| 2010 | 14.37 % change on previous year | -157.4% |
| 2011 | 15.88 % change on previous year | +10.5% |
| 2012 | 3.61 % change on previous year | -77.3% |
| 2013 | -2.22 % change on previous year | -161.6% |
| 2014 | 1.76 % change on previous year | -179.2% |
| 2015 | -19.15 % change on previous year | -1189.5% |
| 2016 | -9.14 % change on previous year | -52.3% |
| 2017 | 7.3 % change on previous year | -179.9% |
| 2018 | 11.73 % change on previous year | +60.8% |
| 2019 | -2.67 % change on previous year | -122.7% |
| 2020 | -10.78 % change on previous year | +304.5% |
| 2021 | 12.14 % change on previous year | -212.6% |
| 2022 | 16.5 % change on previous year | +35.9% |
| 2023 | -4.73 % change on previous year | -128.7% |
| 2024 | -0.6736 % change on previous year | -85.8% |
Oman compared with similar countries
- Oman's -0.6736 % change on previous year is below the median for high income countries, which is 2.83 % change on previous year. (68 countries reporting)
- Oman's -0.6736 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.23 % change on previous year. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.73 % change on previous year | -15 % change on previous year | 161.69 % change on previous year | 9 |
| 1980s | 3.18 % change on previous year | -14.29 % change on previous year | 50.85 % change on previous year | 10 |
| 1990s | 0.8332 % change on previous year | -11.48 % change on previous year | 15.04 % change on previous year | 10 |
| 2000s | 9.17 % change on previous year | -25.04 % change on previous year | 32.65 % change on previous year | 10 |
| 2010s | 2.15 % change on previous year | -19.15 % change on previous year | 15.88 % change on previous year | 10 |
| 2020s | 2.49 % change on previous year | -10.78 % change on previous year | 16.5 % change on previous year | 5 |
Countries ranked near Oman
- 197 Saint Kitts and Nevis -0.2244 % change on previous year compare
- 198 Saudi Arabia -0.2486 % change on previous year compare
- 199 Qatar -0.4189 % change on previous year compare
- 201 Kuwait -0.7322 % change on previous year compare
- 202 Seychelles -0.7453 % change on previous year compare
- 203 Vanuatu -0.7872 % 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)
- 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 gdp deflator — value standard local currency, 2015 prices, annual in Oman?
- Gdp deflator — value standard local currency, 2015 prices, annual in Oman was -0.6736 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Oman?
- The highest recorded value was 161.69 % change on previous year in 1974.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Oman?
- The lowest recorded value was -25.04 % change on previous year in 2009.
- How does Oman rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Oman ranks 200th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Oman?
- Over the last ten years it is down 138.3%. 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 GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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 GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.