Gross domestic product (GDP) in Oman
Oman: Gross domestic product (GDP) was 220.51 billion international-$ in 2021 prices in 2023. ◆ Volatile
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.
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
- External balance on goods and services as a percent of GDP 17.3% (2024)
- Inflation of consumer prices 1.0% (2025)
- GDP per capita 17,074 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 9.4% (2025)
- Gross domestic product (GDP) 93.82 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 17,074 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.3845 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -3.57 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -9.29 billion current US$ (2024)
- Taxes less subsidies on products -228.64 million current LCU (2025)
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.