Goods exports (BoP, current US$), per unit of GDP in Oman
Oman: Goods exports (BoP, current US$), per unit of GDP was 0.6081 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Goods exports (BoP, current US$), per unit of GDP in Oman, 1974–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for goods exports (bop, current us$), per unit of gdp in Oman is 0.6081 BoP, current US$ per US$ of GDP, measured in 2024.
That represents a change of up 8.4% on the previous year and up 5.2% over ten years.
Over the whole period, goods exports (bop, current us$), per unit of gdp in Oman peaked at 0.7365 BoP, current US$ per US$ of GDP in 1974 and was at its lowest, 0.3441 BoP, current US$ per US$ of GDP, in 1998.
That places Oman 14th out of 199 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 51 years of available data.
Goods exports (BoP, current US$), per unit of GDP in Oman, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.7365 BoP, current US$ per US$ of GDP | — |
| 1975 | 0.6755 BoP, current US$ per US$ of GDP | -8.3% |
| 1976 | 0.6233 BoP, current US$ per US$ of GDP | -7.7% |
| 1977 | 0.5908 BoP, current US$ per US$ of GDP | -5.2% |
| 1978 | 0.5832 BoP, current US$ per US$ of GDP | -1.3% |
| 1979 | 0.6106 BoP, current US$ per US$ of GDP | +4.7% |
| 1980 | 0.6266 BoP, current US$ per US$ of GDP | +2.6% |
| 1981 | 0.6469 BoP, current US$ per US$ of GDP | +3.2% |
| 1982 | 0.5855 BoP, current US$ per US$ of GDP | -9.5% |
| 1983 | 0.5365 BoP, current US$ per US$ of GDP | -8.4% |
| 1984 | 0.5012 BoP, current US$ per US$ of GDP | -6.6% |
| 1985 | 0.4968 BoP, current US$ per US$ of GDP | -0.9% |
| 1986 | 0.3907 BoP, current US$ per US$ of GDP | -21.4% |
| 1987 | 0.4871 BoP, current US$ per US$ of GDP | +24.7% |
| 1988 | 0.3985 BoP, current US$ per US$ of GDP | -18.2% |
| 1989 | 0.434 BoP, current US$ per US$ of GDP | +8.9% |
| 1990 | 0.4138 BoP, current US$ per US$ of GDP | -4.6% |
| 1991 | 0.3771 BoP, current US$ per US$ of GDP | -8.9% |
| 1992 | 0.3917 BoP, current US$ per US$ of GDP | +3.9% |
| 1993 | 0.377 BoP, current US$ per US$ of GDP | -3.7% |
| 1994 | 0.3766 BoP, current US$ per US$ of GDP | -0.1% |
| 1995 | 0.3858 BoP, current US$ per US$ of GDP | +2.4% |
| 1996 | 0.4237 BoP, current US$ per US$ of GDP | +9.8% |
| 1997 | 0.4244 BoP, current US$ per US$ of GDP | +0.2% |
| 1998 | 0.3441 BoP, current US$ per US$ of GDP | -18.9% |
| 1999 | 0.4058 BoP, current US$ per US$ of GDP | +18.0% |
| 2000 | 0.5085 BoP, current US$ per US$ of GDP | +25.3% |
| 2001 | 0.4987 BoP, current US$ per US$ of GDP | -1.9% |
| 2002 | 0.4843 BoP, current US$ per US$ of GDP | -2.9% |
| 2003 | 0.4718 BoP, current US$ per US$ of GDP | -2.6% |
| 2004 | 0.4715 BoP, current US$ per US$ of GDP | -0.1% |
| 2005 | 0.5264 BoP, current US$ per US$ of GDP | +11.6% |
| 2006 | 0.507 BoP, current US$ per US$ of GDP | -3.7% |
| 2007 | 0.5112 BoP, current US$ per US$ of GDP | +0.8% |
| 2008 | 0.5404 BoP, current US$ per US$ of GDP | +5.7% |
| 2009 | 0.4986 BoP, current US$ per US$ of GDP | -7.7% |
| 2010 | 0.5631 BoP, current US$ per US$ of GDP | +12.9% |
| 2011 | 0.6077 BoP, current US$ per US$ of GDP | +7.9% |
| 2012 | 0.5965 BoP, current US$ per US$ of GDP | -1.8% |
| 2013 | 0.6274 BoP, current US$ per US$ of GDP | +5.2% |
| 2014 | 0.5778 BoP, current US$ per US$ of GDP | -7.9% |
| 2015 | 0.4533 BoP, current US$ per US$ of GDP | -21.5% |
| 2016 | 0.3666 BoP, current US$ per US$ of GDP | -19.1% |
| 2017 | 0.4067 BoP, current US$ per US$ of GDP | +10.9% |
| 2018 | 0.456 BoP, current US$ per US$ of GDP | +12.1% |
| 2019 | 0.4389 BoP, current US$ per US$ of GDP | -3.8% |
| 2020 | 0.4406 BoP, current US$ per US$ of GDP | +0.4% |
| 2021 | 0.5078 BoP, current US$ per US$ of GDP | +15.2% |
| 2022 | 0.5983 BoP, current US$ per US$ of GDP | +17.8% |
| 2023 | 0.5608 BoP, current US$ per US$ of GDP | -6.3% |
| 2024 | 0.6081 BoP, current US$ per US$ of GDP | +8.4% |
Oman compared with similar countries
- Oman's 0.6081 BoP, current US$ per US$ of GDP is above the median for high income countries, which is 0.2502 BoP, current US$ per US$ of GDP, 2.4× the median. (72 countries reporting)
- Oman's 0.6081 BoP, current US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.2133 BoP, current US$ per US$ of GDP, 2.9× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6367 BoP, current US$ per US$ of GDP | 0.5832 BoP, current US$ per US$ of GDP | 0.7365 BoP, current US$ per US$ of GDP | 6 |
| 1980s | 0.5104 BoP, current US$ per US$ of GDP | 0.3907 BoP, current US$ per US$ of GDP | 0.6469 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.392 BoP, current US$ per US$ of GDP | 0.3441 BoP, current US$ per US$ of GDP | 0.4244 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.5018 BoP, current US$ per US$ of GDP | 0.4715 BoP, current US$ per US$ of GDP | 0.5404 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.5094 BoP, current US$ per US$ of GDP | 0.3666 BoP, current US$ per US$ of GDP | 0.6274 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.5431 BoP, current US$ per US$ of GDP | 0.4406 BoP, current US$ per US$ of GDP | 0.6081 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Oman
- 11 Suriname 0.6555 BoP, current US$ per US$ of GDP compare
- 12 Mongolia 0.6199 BoP, current US$ per US$ of GDP compare
- 13 Cambodia 0.6117 BoP, current US$ per US$ of GDP compare
- 15 Slovenia 0.5995 BoP, current US$ per US$ of GDP compare
- 16 Switzerland 0.5915 BoP, current US$ per US$ of GDP compare
- 17 Malaysia 0.5883 BoP, current US$ per US$ of GDP 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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is goods exports (bop, current us$), per unit of gdp in Oman?
- Goods exports (bop, current us$), per unit of gdp in Oman was 0.6081 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest goods exports (bop, current us$), per unit of gdp recorded in Oman?
- The highest recorded value was 0.7365 BoP, current US$ per US$ of GDP in 1974.
- What is the lowest goods exports (bop, current us$), per unit of gdp recorded in Oman?
- The lowest recorded value was 0.3441 BoP, current US$ per US$ of GDP in 1998.
- How does Oman rank for goods exports (bop, current us$), per unit of gdp?
- Oman ranks 14th out of 199 countries with data for 2024.
- Is goods exports (bop, current us$), per unit of gdp rising or falling in Oman?
- Over the last ten years it is up 5.2%. The long-run trend across the full record is falling.
- Where does this Oman data come from?
- The figures come from Statizoid (derived), published as part of Goods exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.