Gross domestic income in Oman
Oman: Gross domestic income was 37.67 billion constant LCU in 2024. ▲ Rising
Gross domestic income in Oman, 1998–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross domestic income in Oman is 37.67 billion constant LCU, measured in 2024.
Compared with earlier readings it is up 1.1% on the previous year and up 8.3% over ten years.
Over the whole period, gross domestic income in Oman peaked at 38.62 billion constant LCU in 2022 and was at its lowest, 10.10 billion constant LCU, in 1998.
Oman ranks 141st of 178 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Gross domestic income in Oman, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1998 | 10.10 billion constant LCU | — |
| 1999 | 10.73 billion constant LCU | +6.2% |
| 2000 | 12.01 billion constant LCU | +11.9% |
| 2001 | 12.16 billion constant LCU | +1.3% |
| 2002 | 12.55 billion constant LCU | +3.1% |
| 2003 | 13.41 billion constant LCU | +6.9% |
| 2004 | 15.04 billion constant LCU | +12.2% |
| 2005 | 17.17 billion constant LCU | +14.2% |
| 2006 | 19.19 billion constant LCU | +11.8% |
| 2007 | 21.48 billion constant LCU | +11.9% |
| 2008 | 25.93 billion constant LCU | +20.7% |
| 2009 | 23.25 billion constant LCU | -10.3% |
| 2010 | 26.55 billion constant LCU | +14.2% |
| 2011 | 30.53 billion constant LCU | +15.0% |
| 2012 | 34.46 billion constant LCU | +12.9% |
| 2013 | 35.01 billion constant LCU | +1.6% |
| 2014 | 34.80 billion constant LCU | -0.6% |
| 2015 | 30.25 billion constant LCU | -13.1% |
| 2016 | 29.60 billion constant LCU | -2.2% |
| 2017 | 32.45 billion constant LCU | +9.6% |
| 2018 | 35.18 billion constant LCU | +8.4% |
| 2019 | 34.22 billion constant LCU | -2.8% |
| 2020 | 30.68 billion constant LCU | -10.3% |
| 2021 | 32.82 billion constant LCU | +7.0% |
| 2022 | 38.62 billion constant LCU | +17.7% |
| 2023 | 37.28 billion constant LCU | -3.5% |
| 2024 | 37.67 billion constant LCU | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.42 billion constant LCU | 10.10 billion constant LCU | 10.73 billion constant LCU | 2 |
| 2000s | 17.22 billion constant LCU | 12.01 billion constant LCU | 25.93 billion constant LCU | 10 |
| 2010s | 32.31 billion constant LCU | 26.55 billion constant LCU | 35.18 billion constant LCU | 10 |
| 2020s | 35.41 billion constant LCU | 30.68 billion constant LCU | 38.62 billion constant LCU | 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.38 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.3866 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 7,711 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.57 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8819 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 17,591 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 2.57 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.3629 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic income in Oman?
- Gross domestic income in Oman was 37.67 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic income recorded in Oman?
- The highest recorded value was 38.62 billion constant LCU in 2022.
- What is the lowest gross domestic income recorded in Oman?
- The lowest recorded value was 10.10 billion constant LCU in 1998.
- How does Oman rank for gross domestic income?
- Oman ranks 141st out of 178 countries with data for 2024.
- Is gross domestic income rising or falling in Oman?
- Over the last ten years it is up 8.3%. The long-run trend across the full record is rising.
- 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 Gross domestic income (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.