General government final consumption expenditure in Oman
Oman: General government final consumption expenditure was 20.07 billion current US$ 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 US$.
Analysis
In 2024, general government final consumption expenditure in Oman stood at 20.07 billion current US$.
That represents a change of 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 20.35 billion current US$ in 2019 and was at its lowest, 4.69 million current US$, in 1967.
That places Oman 64th out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in Oman, year by year
| Year | current US$ | Change |
|---|---|---|
| 1967 | 4.69 million current US$ | — |
| 1968 | 9.12 million current US$ | +94.3% |
| 1969 | 12.24 million current US$ | +34.2% |
| 1970 | 32.88 million current US$ | +168.6% |
| 1971 | 62.56 million current US$ | +90.3% |
| 1972 | 108.66 million current US$ | +73.7% |
| 1973 | 179.65 million current US$ | +65.3% |
| 1974 | 570.93 million current US$ | +217.8% |
| 1975 | 663.00 million current US$ | +16.1% |
| 1976 | 697.45 million current US$ | +5.2% |
| 1977 | 777.36 million current US$ | +11.5% |
| 1978 | 788.36 million current US$ | +1.4% |
| 1979 | 1.03 billion current US$ | +30.3% |
| 1980 | 1.50 billion current US$ | +45.7% |
| 1981 | 1.79 billion current US$ | +19.4% |
| 1982 | 1.97 billion current US$ | +10.5% |
| 1983 | 2.11 billion current US$ | +6.8% |
| 1984 | 2.34 billion current US$ | +11.0% |
| 1985 | 2.72 billion current US$ | +16.1% |
| 1986 | 2.43 billion current US$ | -10.5% |
| 1987 | 2.38 billion current US$ | -2.3% |
| 1988 | 2.49 billion current US$ | +4.6% |
| 1989 | 2.54 billion current US$ | +2.0% |
| 1990 | 3.16 billion current US$ | +24.6% |
| 1991 | 3.04 billion current US$ | -3.8% |
| 1992 | 3.45 billion current US$ | +13.3% |
| 1993 | 3.53 billion current US$ | +2.3% |
| 1994 | 3.78 billion current US$ | +7.2% |
| 1995 | 3.87 billion current US$ | +2.4% |
| 1996 | 3.83 billion current US$ | -1.1% |
| 1997 | 3.74 billion current US$ | -2.2% |
| 1998 | 3.71 billion current US$ | -0.9% |
| 1999 | 3.76 billion current US$ | +1.5% |
| 2000 | 4.19 billion current US$ | +11.4% |
| 2001 | 4.50 billion current US$ | +7.5% |
| 2002 | 4.76 billion current US$ | +5.8% |
| 2003 | 4.81 billion current US$ | +1.0% |
| 2004 | 5.55 billion current US$ | +15.4% |
| 2005 | 6.46 billion current US$ | +16.4% |
| 2006 | 6.93 billion current US$ | +7.3% |
| 2007 | 7.92 billion current US$ | +14.2% |
| 2008 | 8.63 billion current US$ | +9.0% |
| 2009 | 9.37 billion current US$ | +8.6% |
| 2010 | 10.64 billion current US$ | +13.6% |
| 2011 | 12.26 billion current US$ | +15.2% |
| 2012 | 14.99 billion current US$ | +22.2% |
| 2013 | 17.00 billion current US$ | +13.4% |
| 2014 | 20.04 billion current US$ | +17.9% |
| 2015 | 19.39 billion current US$ | -3.2% |
| 2016 | 19.63 billion current US$ | +1.2% |
| 2017 | 19.83 billion current US$ | +1.0% |
| 2018 | 19.73 billion current US$ | -0.5% |
| 2019 | 20.35 billion current US$ | +3.2% |
| 2020 | 19.79 billion current US$ | -2.8% |
| 2021 | 19.34 billion current US$ | -2.3% |
| 2022 | 19.39 billion current US$ | +0.3% |
| 2023 | 20.01 billion current US$ | +3.2% |
| 2024 | 20.07 billion current US$ | +0.3% |
Oman compared with similar countries
- Oman's 20.07 billion current US$ is below the median for high income countries, which is 41.50 billion current US$, 48% of the median. (67 countries reporting)
- Oman's 20.07 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 19.89 billion current US$, 1.0× the median. (23 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure in Oman changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +217.8% | 179.65 million current US$ | 570.93 million current US$ |
| 1970 | +168.6% | 12.24 million current US$ | 32.88 million current US$ |
| 1968 | +94.3% | 4.69 million current US$ | 9.12 million current US$ |
| 1971 | +90.3% | 32.88 million current US$ | 62.56 million current US$ |
| 1972 | +73.7% | 62.56 million current US$ | 108.66 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.68 million current US$ | 4.69 million current US$ | 12.24 million current US$ | 3 |
| 1970s | 490.78 million current US$ | 32.88 million current US$ | 1.03 billion current US$ | 10 |
| 1980s | 2.22 billion current US$ | 1.50 billion current US$ | 2.72 billion current US$ | 10 |
| 1990s | 3.59 billion current US$ | 3.04 billion current US$ | 3.87 billion current US$ | 10 |
| 2000s | 6.31 billion current US$ | 4.19 billion current US$ | 9.37 billion current US$ | 10 |
| 2010s | 17.39 billion current US$ | 10.64 billion current US$ | 20.35 billion current US$ | 10 |
| 2020s | 19.72 billion current US$ | 19.34 billion current US$ | 20.07 billion current US$ | 5 |
Countries ranked near Oman
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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is general government final consumption expenditure in Oman?
- General government final consumption expenditure in Oman was 20.07 billion current US$ 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 20.35 billion current US$ in 2019.
- What is the lowest general government final consumption expenditure recorded in Oman?
- The lowest recorded value was 4.69 million current US$ in 1967.
- How does Oman rank for general government final consumption expenditure?
- Oman ranks 64th 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 US$). 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 indicator is expressed in United States dollars.