Gross national expenditure (current LCU), annual growth rate in Oman
Oman: Gross national expenditure (current LCU), annual growth rate was 0.2141 % change on previous year in 2024. ◆ Volatile
Latest (2024)
0.2141 % change on previous year
Change on year
down 86.4%
World rank
176th
of 185 countries
All-time high
184.39 % change on previous year
in 1974
All-time low
-16.04 % change on previous year
in 2009
Years of data
57
1968–2024
Gross national expenditure (current LCU), annual growth rate in Oman, 1968–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national expenditure (current lcu), annual growth rate in Oman is 0.2141 % change on previous year, measured in 2024.
That represents a change of down 86.4% on the previous year and down 87.3% over ten years.
Over the whole period, gross national expenditure (current lcu), annual growth rate in Oman peaked at 184.39 % change on previous year in 1974 and was at its lowest, -16.04 % change on previous year, in 2009.
That places Oman 176th out of 185 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current LCU), annual growth rate in Oman, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1968 | 2.03 % change on previous year | — |
| 1969 | 6.27 % change on previous year | +208.0% |
| 1970 | 31.64 % change on previous year | +404.7% |
| 1971 | 69.04 % change on previous year | +118.2% |
| 1972 | 43.13 % change on previous year | -37.5% |
| 1973 | 24.58 % change on previous year | -43.0% |
| 1974 | 184.39 % change on previous year | +650.2% |
| 1975 | 43.05 % change on previous year | -76.7% |
| 1976 | 22.84 % change on previous year | -47.0% |
| 1977 | 8.79 % change on previous year | -61.5% |
| 1978 | 6.48 % change on previous year | -26.3% |
| 1979 | 19.89 % change on previous year | +207.2% |
| 1980 | 50.87 % change on previous year | +155.8% |
| 1981 | 18.7 % change on previous year | -63.2% |
| 1982 | 20.02 % change on previous year | +7.1% |
| 1983 | 4.77 % change on previous year | -76.2% |
| 1984 | 14.99 % change on previous year | +214.7% |
| 1985 | 13.43 % change on previous year | -10.5% |
| 1986 | -5.62 % change on previous year | -141.8% |
| 1987 | -15.45 % change on previous year | +175.1% |
| 1988 | 9.94 % change on previous year | -164.3% |
| 1989 | 2.18 % change on previous year | -78.0% |
| 1990 | 26.02 % change on previous year | +1091.6% |
| 1991 | 10.79 % change on previous year | -58.5% |
| 1992 | 8.9 % change on previous year | -17.5% |
| 1993 | 4.97 % change on previous year | -44.1% |
| 1994 | -0.1853 % change on previous year | -103.7% |
| 1995 | 6.48 % change on previous year | -3595.2% |
| 1996 | 3.96 % change on previous year | -38.8% |
| 1997 | 7.05 % change on previous year | +78.0% |
| 1998 | 29.05 % change on previous year | +311.7% |
| 1999 | -5.5 % change on previous year | -118.9% |
| 2000 | 3.98 % change on previous year | -172.3% |
| 2001 | 6.03 % change on previous year | +51.6% |
| 2002 | 5.28 % change on previous year | -12.4% |
| 2003 | 12.06 % change on previous year | +128.1% |
| 2004 | 20.02 % change on previous year | +66.0% |
| 2005 | 6.98 % change on previous year | -65.1% |
| 2006 | 23.7 % change on previous year | +239.4% |
| 2007 | 23.62 % change on previous year | -0.3% |
| 2008 | 37.41 % change on previous year | +58.4% |
| 2009 | -16.04 % change on previous year | -142.9% |
| 2010 | 6.51 % change on previous year | -140.6% |
| 2011 | 12.54 % change on previous year | +92.7% |
| 2012 | 17.1 % change on previous year | +36.3% |
| 2013 | 8.07 % change on previous year | -52.8% |
| 2014 | 1.68 % change on previous year | -79.1% |
| 2015 | 3.81 % change on previous year | +126.3% |
| 2016 | -1.45 % change on previous year | -138.1% |
| 2017 | 4.72 % change on previous year | -425.1% |
| 2018 | 2.16 % change on previous year | -54.2% |
| 2019 | -4.36 % change on previous year | -301.6% |
| 2020 | -3.68 % change on previous year | -15.6% |
| 2021 | 5.06 % change on previous year | -237.5% |
| 2022 | 11.65 % change on previous year | +130.3% |
| 2023 | 1.57 % change on previous year | -86.5% |
| 2024 | 0.2141 % change on previous year | -86.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.15 % change on previous year | 2.03 % change on previous year | 6.27 % change on previous year | 2 |
| 1970s | 45.38 % change on previous year | 6.48 % change on previous year | 184.39 % change on previous year | 10 |
| 1980s | 11.38 % change on previous year | -15.45 % change on previous year | 50.87 % change on previous year | 10 |
| 1990s | 9.15 % change on previous year | -5.5 % change on previous year | 29.05 % change on previous year | 10 |
| 2000s | 12.3 % change on previous year | -16.04 % change on previous year | 37.41 % change on previous year | 10 |
| 2010s | 5.08 % change on previous year | -4.36 % change on previous year | 17.1 % change on previous year | 10 |
| 2020s | 2.96 % change on previous year | -3.68 % change on previous year | 11.65 % change on previous year | 5 |
Countries ranked near Oman
- 173 Panama 0.9683 % change on previous year compare
- 174 Finland 0.7968 % change on previous year compare
- 175 Faroe Islands 0.4583 % change on previous year compare
- 177 Senegal -0.122 % change on previous year compare
- 178 Macau, China -0.5558 % change on previous year compare
- 179 Kuwait -0.6859 % change on previous year 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)
- Final consumption expenditure (constant 2015 US$), per capita 11,104 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 0.2142 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 0.8271 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 16,777 current US$ per person (2024)
- Gross national expenditure (current LCU), per unit of GDP 0.318 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 6,451 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 0.388 % change on previous year (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.7714 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure (current lcu), annual growth rate in Oman?
- Gross national expenditure (current lcu), annual growth rate in Oman was 0.2141 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current lcu), annual growth rate recorded in Oman?
- The highest recorded value was 184.39 % change on previous year in 1974.
- What is the lowest gross national expenditure (current lcu), annual growth rate recorded in Oman?
- The lowest recorded value was -16.04 % change on previous year in 2009.
- How does Oman rank for gross national expenditure (current lcu), annual growth rate?
- Oman ranks 176th out of 185 countries with data for 2024.
- Is gross national expenditure (current lcu), annual growth rate rising or falling in Oman?
- Over the last ten years it is down 87.3%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 57 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure 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
The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.