Gross domestic product (GDP), Constant prices, Purchasing power in Oman

Oman: Gross domestic product (GDP), Constant prices, Purchasing power was -0.8254 % change on previous year in 2019. ◆ Volatile

Latest (2019)
-0.8254 % change on previous year
Change on year
down 189.8%
World rank
178th
of 193 countries
All-time high
28.59 % change on previous year
in 1975
All-time low
-13.99 % change on previous year
in 1973
Years of data
49
1971–2019

Gross domestic product (GDP), Constant prices, Purchasing power in Oman, 1971–2019

-100102030197119952019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2019, gross domestic product (gdp), constant prices, purchasing power in Oman stood at -0.8254 % change on previous year.

Compared with earlier readings it is down 189.8% on the previous year and down 113.5% over ten years.

Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Oman peaked at 28.59 % change on previous year in 1975 and was at its lowest, -13.99 % change on previous year, in 1973.

Oman ranks 178th of 193 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), Constant prices, Purchasing power in Oman, year by year

Annual values for Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate in Oman, 1971 to 2019.
Year % change on previous year Change
1971 1.02 % change on previous year —
1972 9.23 % change on previous year +806.1%
1973 -13.99 % change on previous year -251.6%
1974 28.24 % change on previous year -301.8%
1975 28.59 % change on previous year +1.2%
1976 15.97 % change on previous year -44.1%
1977 17.64 % change on previous year +10.5%
1978 17.66 % change on previous year +0.1%
1979 4.29 % change on previous year -75.7%
1980 6.05 % change on previous year +41.0%
1981 17.41 % change on previous year +188.0%
1982 11.58 % change on previous year -33.5%
1983 12.92 % change on previous year +11.5%
1984 13.9 % change on previous year +7.6%
1985 14.52 % change on previous year +4.4%
1986 2.14 % change on previous year -85.3%
1987 -3.99 % change on previous year -286.3%
1988 5.25 % change on previous year -231.5%
1989 2.98 % change on previous year -43.1%
1990 8.38 % change on previous year +180.9%
1991 6.04 % change on previous year -28.0%
1992 8.51 % change on previous year +40.9%
1993 6.13 % change on previous year -27.9%
1994 3.84 % change on previous year -37.3%
1995 4.83 % change on previous year +25.6%
1996 2.89 % change on previous year -40.0%
1997 6.18 % change on previous year +113.4%
1998 0.9538 % change on previous year -84.6%
1999 0.3315 % change on previous year -65.2%
2000 6.55 % change on previous year +1876.0%
2001 4.48 % change on previous year -31.6%
2002 -1.1 % change on previous year -124.6%
2003 -2.67 % change on previous year +142.4%
2004 1.29 % change on previous year -148.4%
2005 2.49 % change on previous year +92.7%
2006 5.37 % change on previous year +115.7%
2007 4.45 % change on previous year -17.1%
2008 8.2 % change on previous year +84.2%
2009 6.11 % change on previous year -25.5%
2010 1.71 % change on previous year -72.0%
2011 2.66 % change on previous year +55.2%
2012 9.05 % change on previous year +240.2%
2013 5.11 % change on previous year -43.6%
2014 1.46 % change on previous year -71.4%
2015 4.63 % change on previous year +217.4%
2016 5.1 % change on previous year +10.1%
2017 0.3462 % change on previous year -93.2%
2018 0.9192 % change on previous year +165.5%
2019 -0.8254 % change on previous year -189.8%

Oman compared with similar countries

  • Oman's -0.8254 % change on previous year is below the median for high income countries, which is 1.81 % change on previous year. (65 countries reporting)
  • Oman's -0.8254 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.03 % change on previous year. (22 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Constant prices, Purchasing power 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.

YearChange FromTo
2000 +1876.0% 0.3315 % change on previous year 6.55 % change on previous year
1972 +806.1% 1.02 % change on previous year 9.23 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.07 % change on previous year -13.99 % change on previous year 28.59 % change on previous year 9
1980s 8.28 % change on previous year -3.99 % change on previous year 17.41 % change on previous year 10
1990s 4.81 % change on previous year 0.3315 % change on previous year 8.51 % change on previous year 10
2000s 3.52 % change on previous year -2.67 % change on previous year 8.2 % change on previous year 10
2010s 3.01 % change on previous year -0.8254 % change on previous year 9.05 % change on previous year 10

Countries ranked near Oman

  1. 175 Qatar -0.1831 % change on previous year compare
  2. 176 Mexico -0.3041 % change on previous year compare
  3. 177 Aruba -0.7005 % change on previous year compare
  4. 179 Congo -0.9019 % change on previous year compare
  5. 180 Haiti -0.9349 % change on previous year compare
  6. 181 Namibia -1.13 % change on previous year compare

See the full ranking of 193 places →

More economy & growth data for Oman

All data for Oman →

Frequently asked questions

What is gross domestic product (gdp), constant prices, purchasing power in Oman?
Gross domestic product (gdp), constant prices, purchasing power in Oman was -0.8254 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Oman?
The highest recorded value was 28.59 % change on previous year in 1975.
What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Oman?
The lowest recorded value was -13.99 % change on previous year in 1973.
How does Oman rank for gross domestic product (gdp), constant prices, purchasing power?
Oman ranks 178th out of 193 countries with data for 2019.
Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Oman?
Over the last ten years it is down 113.5%. 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), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Constant prices, Purchasing power in Oman. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/oman/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 10,091 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.