Gross national expenditure (constant LCU), per unit of GDP in Oman
Oman: Gross national expenditure (constant LCU), per unit of GDP was 0.2976 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross national expenditure (constant LCU), per unit of GDP in Oman, 1998–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Oman recorded 0.2976 constant LCU per US$ of GDP for gross national expenditure (constant lcu), per unit of gdp in 2024.
The figure is down 0.4% on the previous year and down 0.1% over ten years.
Over the whole period, gross national expenditure (constant lcu), per unit of gdp in Oman peaked at 0.6655 constant LCU per US$ of GDP in 1998 and was at its lowest, 0.2866 constant LCU per US$ of GDP, in 2022.
That places Oman 164th out of 169 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 27 years of available data.
Gross national expenditure (constant LCU), per unit of GDP in Oman, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1998 | 0.6655 constant LCU per US$ of GDP | — |
| 1999 | 0.5526 constant LCU per US$ of GDP | -17.0% |
| 2000 | 0.4121 constant LCU per US$ of GDP | -25.4% |
| 2001 | 0.4434 constant LCU per US$ of GDP | +7.6% |
| 2002 | 0.4493 constant LCU per US$ of GDP | +1.3% |
| 2003 | 0.4583 constant LCU per US$ of GDP | +2.0% |
| 2004 | 0.4684 constant LCU per US$ of GDP | +2.2% |
| 2005 | 0.338 constant LCU per US$ of GDP | -27.8% |
| 2006 | 0.3548 constant LCU per US$ of GDP | +5.0% |
| 2007 | 0.3833 constant LCU per US$ of GDP | +8.0% |
| 2008 | 0.3018 constant LCU per US$ of GDP | -21.3% |
| 2009 | 0.3999 constant LCU per US$ of GDP | +32.5% |
| 2010 | 0.3229 constant LCU per US$ of GDP | -19.3% |
| 2011 | 0.2942 constant LCU per US$ of GDP | -8.9% |
| 2012 | 0.3036 constant LCU per US$ of GDP | +3.2% |
| 2013 | 0.317 constant LCU per US$ of GDP | +4.4% |
| 2014 | 0.2978 constant LCU per US$ of GDP | -6.1% |
| 2015 | 0.373 constant LCU per US$ of GDP | +25.2% |
| 2016 | 0.3949 constant LCU per US$ of GDP | +5.9% |
| 2017 | 0.3913 constant LCU per US$ of GDP | -0.9% |
| 2018 | 0.3385 constant LCU per US$ of GDP | -13.5% |
| 2019 | 0.3381 constant LCU per US$ of GDP | -0.1% |
| 2020 | 0.3963 constant LCU per US$ of GDP | +17.2% |
| 2021 | 0.3368 constant LCU per US$ of GDP | -15.0% |
| 2022 | 0.2866 constant LCU per US$ of GDP | -14.9% |
| 2023 | 0.2988 constant LCU per US$ of GDP | +4.3% |
| 2024 | 0.2976 constant LCU per US$ of GDP | -0.4% |
Oman compared with similar countries
- Oman's 0.2976 constant LCU per US$ of GDP is below the median for high income countries, which is 0.8065 constant LCU per US$ of GDP, 37% of the median. (58 countries reporting)
- Oman's 0.2976 constant LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.6 constant LCU per US$ of GDP, 8% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.609 constant LCU per US$ of GDP | 0.5526 constant LCU per US$ of GDP | 0.6655 constant LCU per US$ of GDP | 2 |
| 2000s | 0.4009 constant LCU per US$ of GDP | 0.3018 constant LCU per US$ of GDP | 0.4684 constant LCU per US$ of GDP | 10 |
| 2010s | 0.3371 constant LCU per US$ of GDP | 0.2942 constant LCU per US$ of GDP | 0.3949 constant LCU per US$ of GDP | 10 |
| 2020s | 0.3232 constant LCU per US$ of GDP | 0.2866 constant LCU per US$ of GDP | 0.3963 constant LCU per US$ of GDP | 5 |
Countries ranked near Oman
- 161 Cuba 0.4753 constant LCU per US$ of GDP compare
- 162 Ireland 0.424 constant LCU per US$ of GDP compare
- 163 Tajikistan 0.38 constant LCU per US$ of GDP compare
- 165 Bahrain 0.2732 constant LCU per US$ of GDP compare
- 166 Azerbaijan 0.2707 constant LCU per US$ of GDP compare
- 167 Sudan 0.2219 constant LCU per US$ of GDP 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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure (constant lcu), per unit of gdp in Oman?
- Gross national expenditure (constant lcu), per unit of gdp in Oman was 0.2976 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per unit of gdp recorded in Oman?
- The highest recorded value was 0.6655 constant LCU per US$ of GDP in 1998.
- What is the lowest gross national expenditure (constant lcu), per unit of gdp recorded in Oman?
- The lowest recorded value was 0.2866 constant LCU per US$ of GDP in 2022.
- How does Oman rank for gross national expenditure (constant lcu), per unit of gdp?
- Oman ranks 164th out of 169 countries with data for 2024.
- Is gross national expenditure (constant lcu), per unit of gdp rising or falling in Oman?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is falling.
- Where does this Oman data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.