Gross domestic product (GDP) in Oman
Oman: Gross domestic product (GDP) was 220.51 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
220.51 billion international-$ in 2021 prices
Change on year
up 1.0%
World rank
73rd
of 184 countries
All-time high
243.63 billion international-$ in 2021 prices
in 2013
All-time low
5.44 billion international-$ in 2021 prices
in 1973
Years of data
53
1971–2023
Gross domestic product (GDP) in Oman, 1971–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Oman is 220.51 billion international-$ in 2021 prices, measured in 2023.
That represents a change of up 1.0% on the previous year and down 9.5% over ten years.
Over the whole period, gross domestic product (gdp) in Oman peaked at 243.63 billion international-$ in 2021 prices in 2013 and was at its lowest, 5.44 billion international-$ in 2021 prices, in 1973.
Oman ranks 73rd of 184 countries on this measure, 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 2021 prices | Change |
|---|---|---|
| 1971 | 5.79 billion international-$ in 2021 prices | — |
| 1972 | 6.32 billion international-$ in 2021 prices | +9.3% |
| 1973 | 5.44 billion international-$ in 2021 prices | -14.0% |
| 1974 | 6.96 billion international-$ in 2021 prices | +28.0% |
| 1975 | 8.97 billion international-$ in 2021 prices | +28.8% |
| 1976 | 10.68 billion international-$ in 2021 prices | +19.0% |
| 1977 | 12.56 billion international-$ in 2021 prices | +17.6% |
| 1978 | 14.41 billion international-$ in 2021 prices | +14.8% |
| 1979 | 15.59 billion international-$ in 2021 prices | +8.2% |
| 1980 | 16.99 billion international-$ in 2021 prices | +9.0% |
| 1981 | 19.90 billion international-$ in 2021 prices | +17.1% |
| 1982 | 20.90 billion international-$ in 2021 prices | +5.0% |
| 1983 | 23.21 billion international-$ in 2021 prices | +11.1% |
| 1984 | 25.68 billion international-$ in 2021 prices | +10.6% |
| 1985 | 27.70 billion international-$ in 2021 prices | +7.8% |
| 1986 | 21.44 billion international-$ in 2021 prices | -22.6% |
| 1987 | 23.56 billion international-$ in 2021 prices | +9.9% |
| 1988 | 19.26 billion international-$ in 2021 prices | -18.2% |
| 1989 | 23.50 billion international-$ in 2021 prices | +22.0% |
| 1990 | 27.58 billion international-$ in 2021 prices | +17.4% |
| 1991 | 25.44 billion international-$ in 2021 prices | -7.8% |
| 1992 | 28.92 billion international-$ in 2021 prices | +13.7% |
| 1993 | 28.04 billion international-$ in 2021 prices | -3.1% |
| 1994 | 28.01 billion international-$ in 2021 prices | -0.1% |
| 1995 | 33.36 billion international-$ in 2021 prices | +19.1% |
| 1996 | 37.93 billion international-$ in 2021 prices | +13.7% |
| 1997 | 40.73 billion international-$ in 2021 prices | +7.4% |
| 1998 | 38.69 billion international-$ in 2021 prices | -5.0% |
| 1999 | 44.88 billion international-$ in 2021 prices | +16.0% |
| 2000 | 54.48 billion international-$ in 2021 prices | +21.4% |
| 2001 | 61.29 billion international-$ in 2021 prices | +12.5% |
| 2002 | 62.05 billion international-$ in 2021 prices | +1.2% |
| 2003 | 75.04 billion international-$ in 2021 prices | +20.9% |
| 2004 | 93.04 billion international-$ in 2021 prices | +24.0% |
| 2005 | 106.23 billion international-$ in 2021 prices | +14.2% |
| 2006 | 137.17 billion international-$ in 2021 prices | +29.1% |
| 2007 | 160.33 billion international-$ in 2021 prices | +16.9% |
| 2008 | 201.25 billion international-$ in 2021 prices | +25.5% |
| 2009 | 189.42 billion international-$ in 2021 prices | -5.9% |
| 2010 | 192.42 billion international-$ in 2021 prices | +1.6% |
| 2011 | 219.97 billion international-$ in 2021 prices | +14.3% |
| 2012 | 236.92 billion international-$ in 2021 prices | +7.7% |
| 2013 | 243.63 billion international-$ in 2021 prices | +2.8% |
| 2014 | 228.62 billion international-$ in 2021 prices | -6.2% |
| 2015 | 193.77 billion international-$ in 2021 prices | -15.2% |
| 2016 | 188.95 billion international-$ in 2021 prices | -2.5% |
| 2017 | 188.25 billion international-$ in 2021 prices | -0.4% |
| 2018 | 198.65 billion international-$ in 2021 prices | +5.5% |
| 2019 | 197.22 billion international-$ in 2021 prices | -0.7% |
| 2020 | 184.05 billion international-$ in 2021 prices | -6.7% |
| 2021 | 201.16 billion international-$ in 2021 prices | +9.3% |
| 2022 | 218.37 billion international-$ in 2021 prices | +8.6% |
| 2023 | 220.51 billion international-$ in 2021 prices | +1.0% |
Oman compared with similar countries
- Oman's 220.51 billion international-$ in 2021 prices is below the median for high income countries, which is 277.84 billion international-$ in 2021 prices, 79% of the median. (66 countries reporting)
- Oman's 220.51 billion international-$ in 2021 prices is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 266.11 billion international-$ in 2021 prices, 83% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.64 billion international-$ in 2021 prices | 5.44 billion international-$ in 2021 prices | 15.59 billion international-$ in 2021 prices | 9 |
| 1980s | 22.21 billion international-$ in 2021 prices | 16.99 billion international-$ in 2021 prices | 27.70 billion international-$ in 2021 prices | 10 |
| 1990s | 33.36 billion international-$ in 2021 prices | 25.44 billion international-$ in 2021 prices | 44.88 billion international-$ in 2021 prices | 10 |
| 2000s | 114.03 billion international-$ in 2021 prices | 54.48 billion international-$ in 2021 prices | 201.25 billion international-$ in 2021 prices | 10 |
| 2010s | 208.84 billion international-$ in 2021 prices | 188.25 billion international-$ in 2021 prices | 243.63 billion international-$ in 2021 prices | 10 |
| 2020s | 206.02 billion international-$ in 2021 prices | 184.05 billion international-$ in 2021 prices | 220.51 billion international-$ in 2021 prices | 4 |
Countries ranked near Oman
- 70 Tanzania 230.60 billion international-$ in 2021 prices compare
- 71 Angola 227.17 billion international-$ in 2021 prices compare
- 72 Guatemala 221.29 billion international-$ in 2021 prices compare
- 74 Ghana 214.89 billion international-$ in 2021 prices compare
- 75 Azerbaijan 210.94 billion international-$ in 2021 prices compare
- 76 Bulgaria 191.77 billion international-$ in 2021 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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Oman?
- Gross domestic product (gdp) in Oman was 220.51 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Oman?
- The highest recorded value was 243.63 billion international-$ in 2021 prices in 2013.
- What is the lowest gross domestic product (gdp) recorded in Oman?
- The lowest recorded value was 5.44 billion international-$ in 2021 prices in 1973.
- How does Oman rank for gross domestic product (gdp)?
- Oman ranks 73rd out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Oman?
- Over the last ten years it is down 9.5%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – 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.