General government final consumption expenditure (current LCU) in Oman
Oman: General government final consumption expenditure (current LCU) was 7.72 billion current LCU in 2024. ◆ Volatile
General government final consumption expenditure in Oman, 1967–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, general government final consumption expenditure in Oman stood at 7.72 billion current LCU.
The figure is up 0.3% on the previous year and up 0.2% over ten years.
Over the whole period, general government final consumption expenditure in Oman peaked at 7.82 billion current LCU in 2019 and was at its lowest, 1.70 million current LCU, in 1967.
Oman ranks 158th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (current LCU) in Oman, year by year
| Year | current LCU | Change |
|---|---|---|
| 1967 | 1.70 million current LCU | — |
| 1968 | 3.80 million current LCU | +123.5% |
| 1969 | 5.10 million current LCU | +34.2% |
| 1970 | 13.70 million current LCU | +168.6% |
| 1971 | 26.00 million current LCU | +89.8% |
| 1972 | 41.70 million current LCU | +60.4% |
| 1973 | 63.00 million current LCU | +51.1% |
| 1974 | 197.20 million current LCU | +213.0% |
| 1975 | 229.00 million current LCU | +16.1% |
| 1976 | 240.90 million current LCU | +5.2% |
| 1977 | 268.50 million current LCU | +11.5% |
| 1978 | 272.30 million current LCU | +1.4% |
| 1979 | 354.70 million current LCU | +30.3% |
| 1980 | 516.70 million current LCU | +45.7% |
| 1981 | 616.70 million current LCU | +19.4% |
| 1982 | 681.20 million current LCU | +10.5% |
| 1983 | 727.80 million current LCU | +6.8% |
| 1984 | 808.00 million current LCU | +11.0% |
| 1985 | 938.10 million current LCU | +16.1% |
| 1986 | 929.00 million current LCU | -1.0% |
| 1987 | 913.70 million current LCU | -1.6% |
| 1988 | 956.00 million current LCU | +4.6% |
| 1989 | 975.60 million current LCU | +2.1% |
| 1990 | 1.22 billion current LCU | +24.6% |
| 1991 | 1.17 billion current LCU | -3.8% |
| 1992 | 1.33 billion current LCU | +13.3% |
| 1993 | 1.36 billion current LCU | +2.3% |
| 1994 | 1.45 billion current LCU | +7.2% |
| 1995 | 1.49 billion current LCU | +2.4% |
| 1996 | 1.47 billion current LCU | -1.1% |
| 1997 | 1.44 billion current LCU | -2.2% |
| 1998 | 1.43 billion current LCU | -0.9% |
| 1999 | 1.45 billion current LCU | +1.5% |
| 2000 | 1.61 billion current LCU | +11.4% |
| 2001 | 1.73 billion current LCU | +7.5% |
| 2002 | 1.83 billion current LCU | +5.8% |
| 2003 | 1.85 billion current LCU | +1.0% |
| 2004 | 2.13 billion current LCU | +15.4% |
| 2005 | 2.48 billion current LCU | +16.4% |
| 2006 | 2.67 billion current LCU | +7.3% |
| 2007 | 3.04 billion current LCU | +14.2% |
| 2008 | 3.32 billion current LCU | +9.0% |
| 2009 | 3.60 billion current LCU | +8.6% |
| 2010 | 4.09 billion current LCU | +13.6% |
| 2011 | 4.71 billion current LCU | +15.2% |
| 2012 | 5.76 billion current LCU | +22.2% |
| 2013 | 6.53 billion current LCU | +13.4% |
| 2014 | 7.70 billion current LCU | +17.9% |
| 2015 | 7.46 billion current LCU | -3.2% |
| 2016 | 7.55 billion current LCU | +1.2% |
| 2017 | 7.63 billion current LCU | +1.0% |
| 2018 | 7.59 billion current LCU | -0.5% |
| 2019 | 7.82 billion current LCU | +3.2% |
| 2020 | 7.61 billion current LCU | -2.8% |
| 2021 | 7.43 billion current LCU | -2.3% |
| 2022 | 7.46 billion current LCU | +0.3% |
| 2023 | 7.69 billion current LCU | +3.2% |
| 2024 | 7.72 billion current LCU | +0.3% |
Oman compared with similar countries
- Oman's 7.72 billion current LCU is below the median for high income countries, which is 90.99 billion current LCU, 8% of the median. (67 countries reporting)
- Oman's 7.72 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 298.14 billion current LCU, 3% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (current LCU) 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 | +213.0% | 63.00 million current LCU | 197.20 million current LCU |
| 1970 | +168.6% | 5.10 million current LCU | 13.70 million current LCU |
| 1968 | +123.5% | 1.70 million current LCU | 3.80 million current LCU |
| 1971 | +89.8% | 13.70 million current LCU | 26.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.53 million current LCU | 1.70 million current LCU | 5.10 million current LCU | 3 |
| 1970s | 170.70 million current LCU | 13.70 million current LCU | 354.70 million current LCU | 10 |
| 1980s | 806.28 million current LCU | 516.70 million current LCU | 975.60 million current LCU | 10 |
| 1990s | 1.38 billion current LCU | 1.17 billion current LCU | 1.49 billion current LCU | 10 |
| 2000s | 2.43 billion current LCU | 1.61 billion current LCU | 3.60 billion current LCU | 10 |
| 2010s | 6.68 billion current LCU | 4.09 billion current LCU | 7.82 billion current LCU | 10 |
| 2020s | 7.58 billion current LCU | 7.43 billion current LCU | 7.72 billion current LCU | 5 |
Countries ranked near Oman
- 155 Seychelles 8.81 billion current LCU compare
- 156 Eritrea 8.45 billion current LCU compare
- 157 Faroe Islands 7.79 billion current LCU compare
- 159 Cyprus 6.74 billion current LCU compare
- 160 El Salvador 6.02 billion current LCU compare
- 161 Brunei 4.68 billion current LCU 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0051 units per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure in Oman?
- General government final consumption expenditure in Oman was 7.72 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Oman?
- The highest recorded value was 7.82 billion current LCU in 2019.
- What is the lowest general government final consumption expenditure recorded in Oman?
- The lowest recorded value was 1.70 million current LCU in 1967.
- How does Oman rank for general government final consumption expenditure?
- Oman ranks 158th out of 187 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Oman?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of General government final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.