Gross Domestic Product — Value Standard Local Currency, 2015 prices in Oman
Oman: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0067 million SLC per person in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Oman, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Oman is 0.0067 million SLC per person, measured in 2024.
The figure is down 2.8% on the previous year and down 7.5% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Oman peaked at 0.0088 million SLC per person in 2009 and was at its lowest, 0.0021 million SLC per person, in 1973.
Oman ranks 181st of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Oman, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0024 million SLC per person | — |
| 1971 | 0.0023 million SLC per person | -1.7% |
| 1972 | 0.0025 million SLC per person | +6.2% |
| 1973 | 0.0021 million SLC per person | -16.4% |
| 1974 | 0.0026 million SLC per person | +23.8% |
| 1975 | 0.0032 million SLC per person | +23.3% |
| 1976 | 0.0035 million SLC per person | +10.9% |
| 1977 | 0.0039 million SLC per person | +12.1% |
| 1978 | 0.0044 million SLC per person | +11.8% |
| 1979 | 0.0044 million SLC per person | -1.1% |
| 1980 | 0.0044 million SLC per person | +0.5% |
| 1981 | 0.0049 million SLC per person | +11.2% |
| 1982 | 0.0051 million SLC per person | +5.6% |
| 1983 | 0.0055 million SLC per person | +6.8% |
| 1984 | 0.0059 million SLC per person | +7.9% |
| 1985 | 0.0064 million SLC per person | +7.8% |
| 1986 | 0.0061 million SLC per person | -4.2% |
| 1987 | 0.0055 million SLC per person | -9.6% |
| 1988 | 0.0055 million SLC per person | -0.6% |
| 1989 | 0.0054 million SLC per person | -2.4% |
| 1990 | 0.0055 million SLC per person | +3.0% |
| 1991 | 0.0056 million SLC per person | +1.0% |
| 1992 | 0.0058 million SLC per person | +3.7% |
| 1993 | 0.0059 million SLC per person | +1.8% |
| 1994 | 0.0061 million SLC per person | +3.6% |
| 1995 | 0.0065 million SLC per person | +5.8% |
| 1996 | 0.0067 million SLC per person | +4.0% |
| 1997 | 0.0072 million SLC per person | +7.4% |
| 1998 | 0.0074 million SLC per person | +2.3% |
| 1999 | 0.0073 million SLC per person | -1.1% |
| 2000 | 0.0076 million SLC per person | +4.8% |
| 2001 | 0.0079 million SLC per person | +3.3% |
| 2002 | 0.0077 million SLC per person | -1.9% |
| 2003 | 0.0075 million SLC per person | -3.3% |
| 2004 | 0.0075 million SLC per person | +0.3% |
| 2005 | 0.0075 million SLC per person | +0.5% |
| 2006 | 0.0077 million SLC per person | +2.4% |
| 2007 | 0.0079 million SLC per person | +2.7% |
| 2008 | 0.0085 million SLC per person | +6.6% |
| 2009 | 0.0088 million SLC per person | +3.7% |
| 2010 | 0.0088 million SLC per person | -0.2% |
| 2011 | 0.0081 million SLC per person | -7.8% |
| 2012 | 0.0076 million SLC per person | -5.6% |
| 2013 | 0.0074 million SLC per person | -2.6% |
| 2014 | 0.0072 million SLC per person | -3.0% |
| 2015 | 0.0072 million SLC per person | +0.4% |
| 2016 | 0.0072 million SLC per person | +0.1% |
| 2017 | 0.007 million SLC per person | -2.9% |
| 2018 | 0.007 million SLC per person | -0.0% |
| 2019 | 0.007 million SLC per person | -1.0% |
| 2020 | 0.0068 million SLC per person | -1.9% |
| 2021 | 0.007 million SLC per person | +3.1% |
| 2022 | 0.0072 million SLC per person | +2.7% |
| 2023 | 0.0068 million SLC per person | -5.2% |
| 2024 | 0.0067 million SLC per person | -2.8% |
Oman compared with similar countries
- Oman's 0.0067 million SLC per person is below the median for high income countries, which is 0.0532 million SLC per person, 13% of the median. (73 countries reporting)
- Oman's 0.0067 million SLC per person is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.0592 million SLC per person, 11% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0031 million SLC per person | 0.0021 million SLC per person | 0.0044 million SLC per person | 10 |
| 1980s | 0.0055 million SLC per person | 0.0044 million SLC per person | 0.0064 million SLC per person | 10 |
| 1990s | 0.0064 million SLC per person | 0.0055 million SLC per person | 0.0074 million SLC per person | 10 |
| 2000s | 0.0079 million SLC per person | 0.0075 million SLC per person | 0.0088 million SLC per person | 10 |
| 2010s | 0.0075 million SLC per person | 0.007 million SLC per person | 0.0088 million SLC per person | 10 |
| 2020s | 0.0069 million SLC per person | 0.0067 million SLC per person | 0.0072 million SLC per person | 5 |
Countries ranked near Oman
- 178 Libya 0.007 million SLC per person compare
- 179 Kuwait 0.007 million SLC per person compare
- 180 Papua New Guinea 0.007 million SLC per person compare
- 182 Tuvalu 0.0066 million SLC per person compare
- 183 Ecuador 0.0061 million SLC per person compare
- 184 Azerbaijan 0.006 million SLC per person 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 — value standard local currency, 2015 prices in Oman?
- Gross domestic product — value standard local currency, 2015 prices in Oman was 0.0067 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Oman?
- The highest recorded value was 0.0088 million SLC per person in 2009.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Oman?
- The lowest recorded value was 0.0021 million SLC per person in 1973.
- How does Oman rank for gross domestic product — value standard local currency, 2015 prices?
- Oman ranks 181st out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Oman?
- Over the last ten years it is down 7.5%. The long-run trend across the full record is rising.
- Where does this Oman data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.