Gross domestic product (GDP) in Oman
Oman: Gross domestic product (GDP) was 177.35 billion international-$ in 2011 prices in 2022. ◆ Volatile
Latest (2022)
177.35 billion international-$ in 2011 prices
Change on year
up 4.3%
World rank
69th
of 166 countries
All-time high
177.35 billion international-$ in 2011 prices
in 2022
All-time low
485.17 million international-$ in 2011 prices
in 1950
Years of data
73
1950–2022
Gross domestic product (GDP) in Oman, 1950–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Oman is 177.35 billion international-$ in 2011 prices, measured in 2022. That is the highest value across all 73 years on record.
The figure is up 4.3% on the previous year and up 22.7% over ten years.
Over the whole period, gross domestic product (gdp) in Oman peaked at 177.35 billion international-$ in 2011 prices in 2022 and was at its lowest, 485.17 million international-$ in 2011 prices, in 1950.
That places Oman 69th out of 166 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Oman, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1950 | 485.17 million international-$ in 2011 prices | — |
| 1951 | 516.14 million international-$ in 2011 prices | +6.4% |
| 1952 | 547.95 million international-$ in 2011 prices | +6.2% |
| 1953 | 583.18 million international-$ in 2011 prices | +6.4% |
| 1954 | 619.68 million international-$ in 2011 prices | +6.3% |
| 1955 | 658.26 million international-$ in 2011 prices | +6.2% |
| 1956 | 700.64 million international-$ in 2011 prices | +6.4% |
| 1957 | 744.62 million international-$ in 2011 prices | +6.3% |
| 1958 | 790.50 million international-$ in 2011 prices | +6.2% |
| 1959 | 840.99 million international-$ in 2011 prices | +6.4% |
| 1960 | 892.95 million international-$ in 2011 prices | +6.2% |
| 1961 | 902.79 million international-$ in 2011 prices | +1.1% |
| 1962 | 1.09 billion international-$ in 2011 prices | +20.2% |
| 1963 | 1.13 billion international-$ in 2011 prices | +4.5% |
| 1964 | 1.13 billion international-$ in 2011 prices | +0.0% |
| 1965 | 1.14 billion international-$ in 2011 prices | +0.4% |
| 1966 | 1.20 billion international-$ in 2011 prices | +5.4% |
| 1967 | 1.99 billion international-$ in 2011 prices | +66.1% |
| 1968 | 3.63 billion international-$ in 2011 prices | +82.0% |
| 1969 | 4.56 billion international-$ in 2011 prices | +25.6% |
| 1970 | 4.71 billion international-$ in 2011 prices | +3.5% |
| 1971 | 4.75 billion international-$ in 2011 prices | +0.8% |
| 1972 | 5.20 billion international-$ in 2011 prices | +9.4% |
| 1973 | 4.48 billion international-$ in 2011 prices | -13.9% |
| 1974 | 4.99 billion international-$ in 2011 prices | +11.5% |
| 1975 | 6.21 billion international-$ in 2011 prices | +24.5% |
| 1976 | 7.01 billion international-$ in 2011 prices | +12.8% |
| 1977 | 7.03 billion international-$ in 2011 prices | +0.3% |
| 1978 | 6.90 billion international-$ in 2011 prices | -1.9% |
| 1979 | 7.19 billion international-$ in 2011 prices | +4.3% |
| 1980 | 7.63 billion international-$ in 2011 prices | +6.1% |
| 1981 | 8.93 billion international-$ in 2011 prices | +17.0% |
| 1982 | 9.95 billion international-$ in 2011 prices | +11.5% |
| 1983 | 11.62 billion international-$ in 2011 prices | +16.7% |
| 1984 | 13.56 billion international-$ in 2011 prices | +16.7% |
| 1985 | 15.46 billion international-$ in 2011 prices | +14.0% |
| 1986 | 15.79 billion international-$ in 2011 prices | +2.1% |
| 1987 | 17.05 billion international-$ in 2011 prices | +8.0% |
| 1988 | 17.56 billion international-$ in 2011 prices | +3.0% |
| 1989 | 18.30 billion international-$ in 2011 prices | +4.2% |
| 1990 | 18.31 billion international-$ in 2011 prices | +0.0% |
| 1991 | 20.52 billion international-$ in 2011 prices | +12.1% |
| 1992 | 23.48 billion international-$ in 2011 prices | +14.4% |
| 1993 | 26.33 billion international-$ in 2011 prices | +12.1% |
| 1994 | 28.89 billion international-$ in 2011 prices | +9.7% |
| 1995 | 32.31 billion international-$ in 2011 prices | +11.8% |
| 1996 | 35.84 billion international-$ in 2011 prices | +10.9% |
| 1997 | 41.35 billion international-$ in 2011 prices | +15.4% |
| 1998 | 46.31 billion international-$ in 2011 prices | +12.0% |
| 1999 | 50.52 billion international-$ in 2011 prices | +9.1% |
| 2000 | 58.12 billion international-$ in 2011 prices | +15.0% |
| 2001 | 64.95 billion international-$ in 2011 prices | +11.7% |
| 2002 | 68.13 billion international-$ in 2011 prices | +4.9% |
| 2003 | 69.98 billion international-$ in 2011 prices | +2.7% |
| 2004 | 74.75 billion international-$ in 2011 prices | +6.8% |
| 2005 | 80.94 billion international-$ in 2011 prices | +8.3% |
| 2006 | 90.55 billion international-$ in 2011 prices | +11.9% |
| 2007 | 100.68 billion international-$ in 2011 prices | +11.2% |
| 2008 | 115.22 billion international-$ in 2011 prices | +14.4% |
| 2009 | 127.02 billion international-$ in 2011 prices | +10.2% |
| 2010 | 135.20 billion international-$ in 2011 prices | +6.4% |
| 2011 | 132.76 billion international-$ in 2011 prices | -1.8% |
| 2012 | 144.52 billion international-$ in 2011 prices | +8.9% |
| 2013 | 152.08 billion international-$ in 2011 prices | +5.2% |
| 2014 | 154.04 billion international-$ in 2011 prices | +1.3% |
| 2015 | 161.77 billion international-$ in 2011 prices | +5.0% |
| 2016 | 169.93 billion international-$ in 2011 prices | +5.0% |
| 2017 | 170.45 billion international-$ in 2011 prices | +0.3% |
| 2018 | 172.64 billion international-$ in 2011 prices | +1.3% |
| 2019 | 170.69 billion international-$ in 2011 prices | -1.1% |
| 2020 | 165.23 billion international-$ in 2011 prices | -3.2% |
| 2021 | 170.03 billion international-$ in 2011 prices | +2.9% |
| 2022 | 177.35 billion international-$ in 2011 prices | +4.3% |
Oman compared with similar countries
- Oman's 177.35 billion international-$ in 2011 prices is below the median for high income countries, which is 308.39 billion international-$ in 2011 prices, 58% of the median. (55 countries reporting)
- Oman's 177.35 billion international-$ in 2011 prices is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 177.35 billion international-$ in 2011 prices, 1.0× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) 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 |
|---|---|---|---|
| 1968 | +82.0% | 1.99 billion international-$ in 2011 prices | 3.63 billion international-$ in 2011 prices |
| 1967 | +66.1% | 1.20 billion international-$ in 2011 prices | 1.99 billion international-$ in 2011 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 648.71 million international-$ in 2011 prices | 485.17 million international-$ in 2011 prices | 840.99 million international-$ in 2011 prices | 10 |
| 1960s | 1.77 billion international-$ in 2011 prices | 892.95 million international-$ in 2011 prices | 4.56 billion international-$ in 2011 prices | 10 |
| 1970s | 5.85 billion international-$ in 2011 prices | 4.48 billion international-$ in 2011 prices | 7.19 billion international-$ in 2011 prices | 10 |
| 1980s | 13.58 billion international-$ in 2011 prices | 7.63 billion international-$ in 2011 prices | 18.30 billion international-$ in 2011 prices | 10 |
| 1990s | 32.39 billion international-$ in 2011 prices | 18.31 billion international-$ in 2011 prices | 50.52 billion international-$ in 2011 prices | 10 |
| 2000s | 85.03 billion international-$ in 2011 prices | 58.12 billion international-$ in 2011 prices | 127.02 billion international-$ in 2011 prices | 10 |
| 2010s | 156.41 billion international-$ in 2011 prices | 132.76 billion international-$ in 2011 prices | 172.64 billion international-$ in 2011 prices | 10 |
| 2020s | 170.87 billion international-$ in 2011 prices | 165.23 billion international-$ in 2011 prices | 177.35 billion international-$ in 2011 prices | 3 |
Countries ranked near Oman
- 66 Tanzania 198.22 billion international-$ in 2011 prices compare
- 67 Dominican Republic 191.18 billion international-$ in 2011 prices compare
- 68 Kenya 190.36 billion international-$ in 2011 prices compare
- 70 Belarus 175.77 billion international-$ in 2011 prices compare
- 71 Azerbaijan 175.37 billion international-$ in 2011 prices compare
- 72 Ecuador 175.03 billion international-$ in 2011 prices 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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Oman?
- Gross domestic product (gdp) in Oman was 177.35 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Oman?
- The highest recorded value was 177.35 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Oman?
- The lowest recorded value was 485.17 million international-$ in 2011 prices in 1950.
- How does Oman rank for gross domestic product (gdp)?
- Oman ranks 69th out of 166 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Oman?
- Over the last ten years it is up 22.7%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.