Goods imports in Oman
Oman: Goods imports was 39.49 billion BoP, current US$ in 2024. ◆ Volatile
Goods imports in Oman, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Oman recorded 39.49 billion BoP, current US$ for goods imports in 2024. That is the highest value across all 51 years on record.
That represents a change of up 12.3% on the previous year and up 41.6% over ten years.
Over the whole period, goods imports in Oman peaked at 39.49 billion BoP, current US$ in 2024 and was at its lowest, 551.53 million BoP, current US$, in 1974.
That places Oman 63rd out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports in Oman, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 551.53 million BoP, current US$ | — |
| 1975 | 907.93 million BoP, current US$ | +64.6% |
| 1976 | 1.00 billion BoP, current US$ | +10.1% |
| 1977 | 1.04 billion BoP, current US$ | +4.4% |
| 1978 | 1.16 billion BoP, current US$ | +10.8% |
| 1979 | 1.29 billion BoP, current US$ | +11.1% |
| 1980 | 1.78 billion BoP, current US$ | +38.5% |
| 1981 | 2.30 billion BoP, current US$ | +29.0% |
| 1982 | 2.58 billion BoP, current US$ | +12.5% |
| 1983 | 2.36 billion BoP, current US$ | -8.6% |
| 1984 | 2.64 billion BoP, current US$ | +11.8% |
| 1985 | 3.03 billion BoP, current US$ | +14.7% |
| 1986 | 2.31 billion BoP, current US$ | -23.7% |
| 1987 | 1.77 billion BoP, current US$ | -23.4% |
| 1988 | 2.11 billion BoP, current US$ | +19.1% |
| 1989 | 2.23 billion BoP, current US$ | +5.6% |
| 1990 | 2.62 billion BoP, current US$ | +17.9% |
| 1991 | 3.11 billion BoP, current US$ | +18.6% |
| 1992 | 3.63 billion BoP, current US$ | +16.5% |
| 1993 | 4.03 billion BoP, current US$ | +11.1% |
| 1994 | 3.69 billion BoP, current US$ | -8.4% |
| 1995 | 4.05 billion BoP, current US$ | +9.7% |
| 1996 | 4.23 billion BoP, current US$ | +4.5% |
| 1997 | 4.64 billion BoP, current US$ | +9.8% |
| 1998 | 5.21 billion BoP, current US$ | +12.2% |
| 1999 | 4.30 billion BoP, current US$ | -17.5% |
| 2000 | 4.59 billion BoP, current US$ | +6.8% |
| 2001 | 5.31 billion BoP, current US$ | +15.6% |
| 2002 | 5.63 billion BoP, current US$ | +6.1% |
| 2003 | 6.09 billion BoP, current US$ | +8.0% |
| 2004 | 7.87 billion BoP, current US$ | +29.4% |
| 2005 | 8.03 billion BoP, current US$ | +2.0% |
| 2006 | 9.88 billion BoP, current US$ | +23.1% |
| 2007 | 14.34 billion BoP, current US$ | +45.2% |
| 2008 | 20.71 billion BoP, current US$ | +44.4% |
| 2009 | 16.05 billion BoP, current US$ | -22.5% |
| 2010 | 17.87 billion BoP, current US$ | +11.4% |
| 2011 | 21.50 billion BoP, current US$ | +20.3% |
| 2012 | 25.63 billion BoP, current US$ | +19.2% |
| 2013 | 32.04 billion BoP, current US$ | +25.0% |
| 2014 | 27.89 billion BoP, current US$ | -13.0% |
| 2015 | 26.56 billion BoP, current US$ | -4.8% |
| 2016 | 21.29 billion BoP, current US$ | -19.9% |
| 2017 | 24.12 billion BoP, current US$ | +13.3% |
| 2018 | 23.65 billion BoP, current US$ | -2.0% |
| 2019 | 20.46 billion BoP, current US$ | -13.5% |
| 2020 | 25.36 billion BoP, current US$ | +24.0% |
| 2021 | 28.02 billion BoP, current US$ | +10.5% |
| 2022 | 34.75 billion BoP, current US$ | +24.0% |
| 2023 | 35.17 billion BoP, current US$ | +1.2% |
| 2024 | 39.49 billion BoP, current US$ | +12.3% |
Oman compared with similar countries
- Oman's 39.49 billion BoP, current US$ is below the median for high income countries, which is 45.20 billion BoP, current US$, 87% of the median. (72 countries reporting)
- Oman's 39.49 billion BoP, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 23.59 billion BoP, current US$, 1.7× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 990.98 million BoP, current US$ | 551.53 million BoP, current US$ | 1.29 billion BoP, current US$ | 6 |
| 1980s | 2.31 billion BoP, current US$ | 1.77 billion BoP, current US$ | 3.03 billion BoP, current US$ | 10 |
| 1990s | 3.95 billion BoP, current US$ | 2.62 billion BoP, current US$ | 5.21 billion BoP, current US$ | 10 |
| 2000s | 9.85 billion BoP, current US$ | 4.59 billion BoP, current US$ | 20.71 billion BoP, current US$ | 10 |
| 2010s | 24.10 billion BoP, current US$ | 17.87 billion BoP, current US$ | 32.04 billion BoP, current US$ | 10 |
| 2020s | 32.56 billion BoP, current US$ | 25.36 billion BoP, current US$ | 39.49 billion BoP, current US$ | 5 |
Countries ranked near Oman
- 60 Serbia 44.00 billion BoP, current US$ compare
- 61 Nigeria 42.98 billion BoP, current US$ compare
- 62 Croatia 42.48 billion BoP, current US$ compare
- 64 Uzbekistan 38.55 billion BoP, current US$ compare
- 65 Kuwait 37.51 billion BoP, current US$ compare
- 66 Cambodia 36.93 billion BoP, current US$ 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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is goods imports in Oman?
- Goods imports in Oman was 39.49 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Oman?
- The highest recorded value was 39.49 billion BoP, current US$ in 2024.
- What is the lowest goods imports recorded in Oman?
- The lowest recorded value was 551.53 million BoP, current US$ in 1974.
- How does Oman rank for goods imports?
- Oman ranks 63rd out of 200 countries with data for 2024.
- Is goods imports rising or falling in Oman?
- Over the last ten years it is up 41.6%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. 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.