Gross domestic product (GDP), Current prices, Domestic currency in Oman
Oman: Gross domestic product (GDP), Current prices, Domestic currency was 29.35 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Oman, 1970–2019
Source: International Monetary Fund.
Analysis
Oman recorded 29.35 for gross domestic product (gdp), current prices, domestic currency in 2019.
Compared with earlier readings it is down 4.3% on the previous year and up 57.7% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Oman peaked at 31.02 in 2014 and was at its lowest, 0.1118, in 1970.
Oman ranks 159th of 194 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), Current prices, Domestic currency in Oman, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.1118 | — |
| 1971 | 0.131 | +17.1% |
| 1972 | 0.1474 | +12.6% |
| 1973 | 0.1774 | +20.3% |
| 1974 | 0.5953 | +235.6% |
| 1975 | 0.7584 | +27.4% |
| 1976 | 0.926 | +22.1% |
| 1977 | 0.9915 | +7.1% |
| 1978 | 0.9916 | +0.0% |
| 1979 | 1.35 | +36.2% |
| 1980 | 2.16 | +60.0% |
| 1981 | 2.61 | +20.7% |
| 1982 | 2.74 | +5.2% |
| 1983 | 2.9 | +5.7% |
| 1984 | 3.2 | +10.2% |
| 1985 | 3.55 | +11.1% |
| 1986 | 3.11 | -12.5% |
| 1987 | 3.28 | +5.5% |
| 1988 | 3.19 | -2.8% |
| 1989 | 3.56 | +11.8% |
| 1990 | 4.44 | +24.7% |
| 1991 | 4.31 | -2.9% |
| 1992 | 4.74 | +9.8% |
| 1993 | 4.75 | +0.3% |
| 1994 | 4.91 | +3.4% |
| 1995 | 5.25 | +6.8% |
| 1996 | 5.81 | +10.7% |
| 1997 | 6.02 | +3.7% |
| 1998 | 5.38 | -10.6% |
| 1999 | 6 | +11.4% |
| 2000 | 7.5 | +25.1% |
| 2001 | 7.48 | -0.3% |
| 2002 | 7.74 | +3.6% |
| 2003 | 8.32 | +7.4% |
| 2004 | 9.52 | +14.5% |
| 2005 | 11.95 | +25.5% |
| 2006 | 14.31 | +19.7% |
| 2007 | 16.18 | +13.1% |
| 2008 | 23.42 | +44.7% |
| 2009 | 18.61 | -20.6% |
| 2010 | 21.88 | +17.6% |
| 2011 | 26.1 | +19.3% |
| 2012 | 29.42 | +12.7% |
| 2013 | 30.2 | +2.7% |
| 2014 | 31.02 | +2.7% |
| 2015 | 26.3 | -15.2% |
| 2016 | 25.18 | -4.3% |
| 2017 | 27.14 | +7.8% |
| 2018 | 30.68 | +13.0% |
| 2019 | 29.35 | -4.3% |
Oman compared with similar countries
- Oman's 29.35 is below the median for high income countries, which is 434.67, 7% of the median. (65 countries reporting)
- Oman's 29.35 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1,398, 2% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Current prices, Domestic currency 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 |
|---|---|---|---|
| 1974 | +235.6% | 0.1774 | 0.5953 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6181 | 0.1118 | 1.35 | 10 |
| 1980s | 3.03 | 2.16 | 3.56 | 10 |
| 1990s | 5.16 | 4.31 | 6.02 | 10 |
| 2000s | 12.5 | 7.48 | 23.42 | 10 |
| 2010s | 27.73 | 21.88 | 31.02 | 10 |
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)
- 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), current prices, domestic currency in Oman?
- Gross domestic product (gdp), current prices, domestic currency in Oman was 29.35 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Oman?
- The highest recorded value was 31.02 in 2014.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Oman?
- The lowest recorded value was 0.1118 in 1970.
- How does Oman rank for gross domestic product (gdp), current prices, domestic currency?
- Oman ranks 159th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Oman?
- Over the last ten years it is up 57.7%. 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), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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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.