Gross domestic product (GDP), Constant prices, Purchasing power in Oman
Oman: Gross domestic product (GDP), Constant prices, Purchasing power was 145.03 in 2019. ◆ Volatile
Latest (2019)
145.03
Change on year
down 0.8%
World rank
75th
of 193 countries
All-time high
146.24
in 2018
All-time low
8.04
in 1973
Years of data
50
1970–2019
Gross domestic product (GDP), Constant prices, Purchasing power in Oman, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Oman stood at 145.03.
The figure is down 0.8% on the previous year and up 34.1% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Oman peaked at 146.24 in 2018 and was at its lowest, 8.04, in 1973.
That places Oman 75th out of 193 countries with data for 2019, 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), Constant prices, Purchasing power in Oman, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 8.47 | — |
| 1971 | 8.55 | +1.0% |
| 1972 | 9.34 | +9.2% |
| 1973 | 8.04 | -14.0% |
| 1974 | 10.31 | +28.2% |
| 1975 | 13.25 | +28.6% |
| 1976 | 15.37 | +16.0% |
| 1977 | 18.08 | +17.6% |
| 1978 | 21.27 | +17.7% |
| 1979 | 22.18 | +4.3% |
| 1980 | 23.53 | +6.0% |
| 1981 | 27.62 | +17.4% |
| 1982 | 30.82 | +11.6% |
| 1983 | 34.8 | +12.9% |
| 1984 | 39.64 | +13.9% |
| 1985 | 45.4 | +14.5% |
| 1986 | 46.37 | +2.1% |
| 1987 | 44.52 | -4.0% |
| 1988 | 46.86 | +5.2% |
| 1989 | 48.25 | +3.0% |
| 1990 | 52.3 | +8.4% |
| 1991 | 55.45 | +6.0% |
| 1992 | 60.17 | +8.5% |
| 1993 | 63.86 | +6.1% |
| 1994 | 66.32 | +3.8% |
| 1995 | 69.52 | +4.8% |
| 1996 | 71.53 | +2.9% |
| 1997 | 75.95 | +6.2% |
| 1998 | 76.68 | +1.0% |
| 1999 | 76.93 | +0.3% |
| 2000 | 81.97 | +6.6% |
| 2001 | 85.64 | +4.5% |
| 2002 | 84.7 | -1.1% |
| 2003 | 82.44 | -2.7% |
| 2004 | 83.51 | +1.3% |
| 2005 | 85.59 | +2.5% |
| 2006 | 90.18 | +5.4% |
| 2007 | 94.2 | +4.5% |
| 2008 | 101.92 | +8.2% |
| 2009 | 108.15 | +6.1% |
| 2010 | 110.01 | +1.7% |
| 2011 | 112.93 | +2.7% |
| 2012 | 123.15 | +9.0% |
| 2013 | 129.43 | +5.1% |
| 2014 | 131.32 | +1.5% |
| 2015 | 137.4 | +4.6% |
| 2016 | 144.41 | +5.1% |
| 2017 | 144.91 | +0.3% |
| 2018 | 146.24 | +0.9% |
| 2019 | 145.03 | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.49 | 8.04 | 22.18 | 10 |
| 1980s | 38.78 | 23.53 | 48.25 | 10 |
| 1990s | 66.87 | 52.3 | 76.93 | 10 |
| 2000s | 89.83 | 81.97 | 108.15 | 10 |
| 2010s | 132.48 | 110.01 | 146.24 | 10 |
Countries ranked near Oman
- 72 Ghana 167.44 compare
- 73 Bulgaria 161.78 compare
- 74 Turkmenistan 154.55 compare
- 76 Azerbaijan 143.84 compare
- 77 Tanzania, United Republic of 139.84 compare
- 78 Guatemala 136.15 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 gross domestic product (gdp), constant prices, purchasing power in Oman?
- Gross domestic product (gdp), constant prices, purchasing power in Oman was 145.03 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Oman?
- The highest recorded value was 146.24 in 2018.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Oman?
- The lowest recorded value was 8.04 in 1973.
- How does Oman rank for gross domestic product (gdp), constant prices, purchasing power?
- Oman ranks 75th 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 up 34.1%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.