Gross Domestic Product — Value Standard Local Currency, 2015 prices in Oman
Oman: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 35,164 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Oman, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Oman recorded 35,164 million SLC for gross domestic product — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 1.7% on the previous year and up 22.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Oman peaked at 35,164 million SLC in 2024 and was at its lowest, 1,498 million SLC, in 1973.
That places Oman 143rd out of 194 countries with data for 2024, 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 — Value Standard Local Currency, 2015 prices in Oman, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,578 million SLC | — |
| 1971 | 1,594 million SLC | +1.0% |
| 1972 | 1,741 million SLC | +9.2% |
| 1973 | 1,498 million SLC | -14.0% |
| 1974 | 1,921 million SLC | +28.2% |
| 1975 | 2,470 million SLC | +28.6% |
| 1976 | 2,864 million SLC | +16.0% |
| 1977 | 3,369 million SLC | +17.6% |
| 1978 | 3,964 million SLC | +17.7% |
| 1979 | 4,134 million SLC | +4.3% |
| 1980 | 4,384 million SLC | +6.0% |
| 1981 | 5,148 million SLC | +17.4% |
| 1982 | 5,744 million SLC | +11.6% |
| 1983 | 6,486 million SLC | +12.9% |
| 1984 | 7,388 million SLC | +13.9% |
| 1985 | 8,461 million SLC | +14.5% |
| 1986 | 8,642 million SLC | +2.1% |
| 1987 | 8,297 million SLC | -4.0% |
| 1988 | 8,732 million SLC | +5.2% |
| 1989 | 8,993 million SLC | +3.0% |
| 1990 | 9,746 million SLC | +8.4% |
| 1991 | 10,335 million SLC | +6.0% |
| 1992 | 11,214 million SLC | +8.5% |
| 1993 | 11,902 million SLC | +6.1% |
| 1994 | 12,702 million SLC | +6.7% |
| 1995 | 13,683 million SLC | +7.7% |
| 1996 | 14,469 million SLC | +5.7% |
| 1997 | 15,788 million SLC | +9.1% |
| 1998 | 16,380 million SLC | +3.7% |
| 1999 | 16,428 million SLC | +0.3% |
| 2000 | 17,446 million SLC | +6.2% |
| 2001 | 18,251 million SLC | +4.6% |
| 2002 | 18,108 million SLC | -0.8% |
| 2003 | 17,710 million SLC | -2.2% |
| 2004 | 18,063 million SLC | +2.0% |
| 2005 | 18,565 million SLC | +2.8% |
| 2006 | 19,432 million SLC | +4.7% |
| 2007 | 20,400 million SLC | +5.0% |
| 2008 | 22,226 million SLC | +9.0% |
| 2009 | 23,555 million SLC | +6.0% |
| 2010 | 24,138 million SLC | +2.5% |
| 2011 | 24,836 million SLC | +2.9% |
| 2012 | 27,037 million SLC | +8.9% |
| 2013 | 28,451 million SLC | +5.2% |
| 2014 | 28,818 million SLC | +1.3% |
| 2015 | 30,264 million SLC | +5.0% |
| 2016 | 31,792 million SLC | +5.0% |
| 2017 | 31,888 million SLC | +0.3% |
| 2018 | 32,299 million SLC | +1.3% |
| 2019 | 31,934 million SLC | -1.1% |
| 2020 | 30,855 million SLC | -3.4% |
| 2021 | 31,652 million SLC | +2.6% |
| 2022 | 34,179 million SLC | +8.0% |
| 2023 | 34,585 million SLC | +1.2% |
| 2024 | 35,164 million SLC | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,513 million SLC | 1,498 million SLC | 4,134 million SLC | 10 |
| 1980s | 7,227 million SLC | 4,384 million SLC | 8,993 million SLC | 10 |
| 1990s | 13,265 million SLC | 9,746 million SLC | 16,428 million SLC | 10 |
| 2000s | 19,375 million SLC | 17,446 million SLC | 23,555 million SLC | 10 |
| 2010s | 29,146 million SLC | 24,138 million SLC | 32,299 million SLC | 10 |
| 2020s | 33,287 million SLC | 30,855 million SLC | 35,164 million SLC | 5 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0938 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 1,871 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0361 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 719.49 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.084 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,675 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 675.24 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -0.3855 % change on previous year (2025)
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 35,164 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Oman?
- The highest recorded value was 35,164 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Oman?
- The lowest recorded value was 1,498 million SLC in 1973.
- How does Oman rank for gross domestic product — value standard local currency, 2015 prices?
- Oman ranks 143rd 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 up 22.0%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).