Gross Domestic Product — Value US$, 2015 prices in Oman
Oman: Gross Domestic Product — Value US$, 2015 prices was 91,454 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Oman, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Oman is 91,454 million USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 1.7% on the previous year and up 22.0% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Oman peaked at 91,454 million USD in 2024 and was at its lowest, 3,895 million USD, in 1973.
Oman ranks 68th of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Oman, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 4,104 million USD | — |
| 1971 | 4,146 million USD | +1.0% |
| 1972 | 4,529 million USD | +9.2% |
| 1973 | 3,895 million USD | -14.0% |
| 1974 | 4,995 million USD | +28.2% |
| 1975 | 6,423 million USD | +28.6% |
| 1976 | 7,449 million USD | +16.0% |
| 1977 | 8,763 million USD | +17.6% |
| 1978 | 10,311 million USD | +17.7% |
| 1979 | 10,753 million USD | +4.3% |
| 1980 | 11,403 million USD | +6.0% |
| 1981 | 13,388 million USD | +17.4% |
| 1982 | 14,939 million USD | +11.6% |
| 1983 | 16,869 million USD | +12.9% |
| 1984 | 19,214 million USD | +13.9% |
| 1985 | 22,004 million USD | +14.5% |
| 1986 | 22,475 million USD | +2.1% |
| 1987 | 21,579 million USD | -4.0% |
| 1988 | 22,710 million USD | +5.2% |
| 1989 | 23,388 million USD | +3.0% |
| 1990 | 25,348 million USD | +8.4% |
| 1991 | 26,878 million USD | +6.0% |
| 1992 | 29,165 million USD | +8.5% |
| 1993 | 30,954 million USD | +6.1% |
| 1994 | 33,034 million USD | +6.7% |
| 1995 | 35,587 million USD | +7.7% |
| 1996 | 37,631 million USD | +5.7% |
| 1997 | 41,061 million USD | +9.1% |
| 1998 | 42,600 million USD | +3.7% |
| 1999 | 42,727 million USD | +0.3% |
| 2000 | 45,373 million USD | +6.2% |
| 2001 | 47,466 million USD | +4.6% |
| 2002 | 47,094 million USD | -0.8% |
| 2003 | 46,060 million USD | -2.2% |
| 2004 | 46,978 million USD | +2.0% |
| 2005 | 48,284 million USD | +2.8% |
| 2006 | 50,538 million USD | +4.7% |
| 2007 | 53,055 million USD | +5.0% |
| 2008 | 57,804 million USD | +9.0% |
| 2009 | 61,262 million USD | +6.0% |
| 2010 | 62,776 million USD | +2.5% |
| 2011 | 64,593 million USD | +2.9% |
| 2012 | 70,318 million USD | +8.9% |
| 2013 | 73,994 million USD | +5.2% |
| 2014 | 74,950 million USD | +1.3% |
| 2015 | 78,711 million USD | +5.0% |
| 2016 | 82,683 million USD | +5.0% |
| 2017 | 82,934 million USD | +0.3% |
| 2018 | 84,002 million USD | +1.3% |
| 2019 | 83,054 million USD | -1.1% |
| 2020 | 80,247 million USD | -3.4% |
| 2021 | 82,319 million USD | +2.6% |
| 2022 | 88,892 million USD | +8.0% |
| 2023 | 89,948 million USD | +1.2% |
| 2024 | 91,454 million USD | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6,537 million USD | 3,895 million USD | 10,753 million USD | 10 |
| 1980s | 18,797 million USD | 11,403 million USD | 23,388 million USD | 10 |
| 1990s | 34,499 million USD | 25,348 million USD | 42,727 million USD | 10 |
| 2000s | 50,391 million USD | 45,373 million USD | 61,262 million USD | 10 |
| 2010s | 75,802 million USD | 62,776 million USD | 84,002 million USD | 10 |
| 2020s | 86,572 million USD | 80,247 million USD | 91,454 million USD | 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)
- Gross domestic savings (current US$), annual growth rate -1.98 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.4214 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 8,548 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate -1.98 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.162 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 3,287 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 2.38 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9625 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Oman?
- Gross domestic product — value us$, 2015 prices in Oman was 91,454 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Oman?
- The highest recorded value was 91,454 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Oman?
- The lowest recorded value was 3,895 million USD in 1973.
- How does Oman rank for gross domestic product — value us$, 2015 prices?
- Oman ranks 68th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 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 US$, 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).