Gross domestic product (GDP), annual growth rate (Bolt) in Oman
Oman: Gross domestic product (GDP), annual growth rate (Bolt) was 4.31 % change on previous year in 2022. ◆ Volatile
Latest (2022)
4.31 % change on previous year
Change on year
up 48.6%
World rank
65th
of 166 countries
All-time high
81.96 % change on previous year
in 1968
All-time low
-13.87 % change on previous year
in 1973
Years of data
72
1951–2022
Gross domestic product (GDP), annual growth rate in Oman, 1951–2022
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Oman recorded 4.31 % change on previous year for gross domestic product (gdp), annual growth rate in 2022.
That represents a change of up 48.6% on the previous year and down 51.4% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Oman peaked at 81.96 % change on previous year in 1968 and was at its lowest, -13.87 % change on previous year, in 1973.
That places Oman 65th out of 166 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate (Bolt) in Oman, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1951 | 6.38 % change on previous year | — |
| 1952 | 6.16 % change on previous year | -3.5% |
| 1953 | 6.43 % change on previous year | +4.3% |
| 1954 | 6.26 % change on previous year | -2.7% |
| 1955 | 6.23 % change on previous year | -0.5% |
| 1956 | 6.44 % change on previous year | +3.4% |
| 1957 | 6.28 % change on previous year | -2.5% |
| 1958 | 6.16 % change on previous year | -1.9% |
| 1959 | 6.39 % change on previous year | +3.7% |
| 1960 | 6.18 % change on previous year | -3.3% |
| 1961 | 1.1 % change on previous year | -82.2% |
| 1962 | 20.24 % change on previous year | +1735.9% |
| 1963 | 4.46 % change on previous year | -78.0% |
| 1964 | 0.0423 % change on previous year | -99.1% |
| 1965 | 0.3914 % change on previous year | +824.6% |
| 1966 | 5.35 % change on previous year | +1267.2% |
| 1967 | 66.1 % change on previous year | +1135.2% |
| 1968 | 81.96 % change on previous year | +24.0% |
| 1969 | 25.62 % change on previous year | -68.7% |
| 1970 | 3.5 % change on previous year | -86.3% |
| 1971 | 0.8261 % change on previous year | -76.4% |
| 1972 | 9.37 % change on previous year | +1033.7% |
| 1973 | -13.87 % change on previous year | -248.1% |
| 1974 | 11.47 % change on previous year | -182.7% |
| 1975 | 24.45 % change on previous year | +113.3% |
| 1976 | 12.83 % change on previous year | -47.6% |
| 1977 | 0.2972 % change on previous year | -97.7% |
| 1978 | -1.91 % change on previous year | -742.0% |
| 1979 | 4.28 % change on previous year | -324.2% |
| 1980 | 6.05 % change on previous year | +41.5% |
| 1981 | 17.04 % change on previous year | +181.4% |
| 1982 | 11.53 % change on previous year | -32.4% |
| 1983 | 16.69 % change on previous year | +44.8% |
| 1984 | 16.74 % change on previous year | +0.3% |
| 1985 | 13.99 % change on previous year | -16.5% |
| 1986 | 2.15 % change on previous year | -84.7% |
| 1987 | 8 % change on previous year | +273.0% |
| 1988 | 3 % change on previous year | -62.6% |
| 1989 | 4.2 % change on previous year | +40.1% |
| 1990 | 0.047 % change on previous year | -98.9% |
| 1991 | 12.09 % change on previous year | +25632.1% |
| 1992 | 14.39 % change on previous year | +19.0% |
| 1993 | 12.14 % change on previous year | -15.6% |
| 1994 | 9.74 % change on previous year | -19.8% |
| 1995 | 11.84 % change on previous year | +21.7% |
| 1996 | 10.92 % change on previous year | -7.8% |
| 1997 | 15.36 % change on previous year | +40.6% |
| 1998 | 11.99 % change on previous year | -21.9% |
| 1999 | 9.11 % change on previous year | -24.1% |
| 2000 | 15.05 % change on previous year | +65.2% |
| 2001 | 11.74 % change on previous year | -22.0% |
| 2002 | 4.9 % change on previous year | -58.3% |
| 2003 | 2.71 % change on previous year | -44.7% |
| 2004 | 6.81 % change on previous year | +151.4% |
| 2005 | 8.28 % change on previous year | +21.6% |
| 2006 | 11.88 % change on previous year | +43.4% |
| 2007 | 11.18 % change on previous year | -5.9% |
| 2008 | 14.44 % change on previous year | +29.1% |
| 2009 | 10.24 % change on previous year | -29.1% |
| 2010 | 6.44 % change on previous year | -37.1% |
| 2011 | -1.81 % change on previous year | -128.0% |
| 2012 | 8.86 % change on previous year | -590.9% |
| 2013 | 5.23 % change on previous year | -41.0% |
| 2014 | 1.29 % change on previous year | -75.3% |
| 2015 | 5.02 % change on previous year | +288.3% |
| 2016 | 5.05 % change on previous year | +0.6% |
| 2017 | 0.3042 % change on previous year | -94.0% |
| 2018 | 1.29 % change on previous year | +322.9% |
| 2019 | -1.13 % change on previous year | -187.8% |
| 2020 | -3.2 % change on previous year | +183.2% |
| 2021 | 2.9 % change on previous year | -190.7% |
| 2022 | 4.31 % change on previous year | +48.6% |
Oman compared with similar countries
- Oman's 4.31 % change on previous year is above the median for high income countries, which is 3.67 % change on previous year, 1.2× the median. (55 countries reporting)
- Oman's 4.31 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.72 % change on previous year, 1.2× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate (Bolt) 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 |
|---|---|---|---|
| 1991 | +25632.1% | 0.047 % change on previous year | 12.09 % change on previous year |
| 1962 | +1735.9% | 1.1 % change on previous year | 20.24 % change on previous year |
| 1966 | +1267.2% | 0.3914 % change on previous year | 5.35 % change on previous year |
| 1967 | +1135.2% | 5.35 % change on previous year | 66.1 % change on previous year |
| 1972 | +1033.7% | 0.8261 % change on previous year | 9.37 % change on previous year |
| 1965 | +824.6% | 0.0423 % change on previous year | 0.3914 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 6.3 % change on previous year | 6.16 % change on previous year | 6.44 % change on previous year | 9 |
| 1960s | 21.14 % change on previous year | 0.0423 % change on previous year | 81.96 % change on previous year | 10 |
| 1970s | 5.12 % change on previous year | -13.87 % change on previous year | 24.45 % change on previous year | 10 |
| 1980s | 9.94 % change on previous year | 2.15 % change on previous year | 17.04 % change on previous year | 10 |
| 1990s | 10.76 % change on previous year | 0.047 % change on previous year | 15.36 % change on previous year | 10 |
| 2000s | 9.72 % change on previous year | 2.71 % change on previous year | 15.05 % change on previous year | 10 |
| 2010s | 3.05 % change on previous year | -1.81 % change on previous year | 8.86 % change on previous year | 10 |
| 2020s | 1.34 % change on previous year | -3.2 % change on previous year | 4.31 % change on previous year | 3 |
Countries ranked near Oman
- 62 Netherlands 4.48 % change on previous year compare
- 63 Laos 4.42 % change on previous year compare
- 64 Costa Rica 4.32 % change on previous year compare
- 66 Egypt 4.24 % change on previous year compare
- 67 Qatar 4.24 % change on previous year compare
- 68 Madagascar 4.21 % change on previous year 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 gross domestic product (gdp), annual growth rate in Oman?
- Gross domestic product (gdp), annual growth rate in Oman was 4.31 % change on previous year in 2022, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Oman?
- The highest recorded value was 81.96 % change on previous year in 1968.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Oman?
- The lowest recorded value was -13.87 % change on previous year in 1973.
- How does Oman rank for gross domestic product (gdp), annual growth rate?
- Oman ranks 65th out of 166 countries with data for 2022.
- Is gross domestic product (gdp), annual growth rate rising or falling in Oman?
- Over the last ten years it is down 51.4%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 72 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
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
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.