Gross national expenditure (current LCU) in Oman
Oman: Gross national expenditure (current LCU) was 34.07 billion current LCU in 2024. ◆ Volatile
Gross national expenditure in Oman, 1967–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross national expenditure in Oman is 34.07 billion current LCU, measured in 2024. That is the highest value across all 58 years on record.
The figure is up 0.2% on the previous year and up 20.4% over ten years.
Over the whole period, gross national expenditure in Oman peaked at 34.07 billion current LCU in 2024 and was at its lowest, 34.40 million current LCU, in 1967.
Oman ranks 158th of 186 countries on this measure, 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) in Oman, year by year
| Year | current LCU | Change |
|---|---|---|
| 1967 | 34.40 million current LCU | — |
| 1968 | 35.10 million current LCU | +2.0% |
| 1969 | 37.30 million current LCU | +6.3% |
| 1970 | 49.10 million current LCU | +31.6% |
| 1971 | 83.00 million current LCU | +69.0% |
| 1972 | 118.80 million current LCU | +43.1% |
| 1973 | 148.00 million current LCU | +24.6% |
| 1974 | 420.90 million current LCU | +184.4% |
| 1975 | 602.10 million current LCU | +43.1% |
| 1976 | 739.60 million current LCU | +22.8% |
| 1977 | 804.60 million current LCU | +8.8% |
| 1978 | 856.70 million current LCU | +6.5% |
| 1979 | 1.03 billion current LCU | +19.9% |
| 1980 | 1.55 billion current LCU | +50.9% |
| 1981 | 1.84 billion current LCU | +18.7% |
| 1982 | 2.21 billion current LCU | +20.0% |
| 1983 | 2.31 billion current LCU | +4.8% |
| 1984 | 2.66 billion current LCU | +15.0% |
| 1985 | 3.02 billion current LCU | +13.4% |
| 1986 | 2.85 billion current LCU | -5.6% |
| 1987 | 2.41 billion current LCU | -15.4% |
| 1988 | 2.65 billion current LCU | +9.9% |
| 1989 | 2.70 billion current LCU | +2.2% |
| 1990 | 3.41 billion current LCU | +26.0% |
| 1991 | 3.78 billion current LCU | +10.8% |
| 1992 | 4.11 billion current LCU | +8.9% |
| 1993 | 4.32 billion current LCU | +5.0% |
| 1994 | 4.31 billion current LCU | -0.2% |
| 1995 | 4.59 billion current LCU | +6.5% |
| 1996 | 4.77 billion current LCU | +4.0% |
| 1997 | 5.11 billion current LCU | +7.1% |
| 1998 | 6.59 billion current LCU | +29.0% |
| 1999 | 6.23 billion current LCU | -5.5% |
| 2000 | 6.47 billion current LCU | +4.0% |
| 2001 | 6.87 billion current LCU | +6.0% |
| 2002 | 7.23 billion current LCU | +5.3% |
| 2003 | 8.10 billion current LCU | +12.1% |
| 2004 | 9.72 billion current LCU | +20.0% |
| 2005 | 10.40 billion current LCU | +7.0% |
| 2006 | 12.86 billion current LCU | +23.7% |
| 2007 | 15.90 billion current LCU | +23.6% |
| 2008 | 21.85 billion current LCU | +37.4% |
| 2009 | 18.35 billion current LCU | -16.0% |
| 2010 | 19.54 billion current LCU | +6.5% |
| 2011 | 21.99 billion current LCU | +12.5% |
| 2012 | 25.75 billion current LCU | +17.1% |
| 2013 | 27.83 billion current LCU | +8.1% |
| 2014 | 28.30 billion current LCU | +1.7% |
| 2015 | 29.38 billion current LCU | +3.8% |
| 2016 | 28.95 billion current LCU | -1.5% |
| 2017 | 30.32 billion current LCU | +4.7% |
| 2018 | 30.98 billion current LCU | +2.2% |
| 2019 | 29.62 billion current LCU | -4.4% |
| 2020 | 28.53 billion current LCU | -3.7% |
| 2021 | 29.98 billion current LCU | +5.1% |
| 2022 | 33.47 billion current LCU | +11.7% |
| 2023 | 34.00 billion current LCU | +1.6% |
| 2024 | 34.07 billion current LCU | +0.2% |
Oman compared with similar countries
- Oman's 34.07 billion current LCU is below the median for high income countries, which is 501.74 billion current LCU, 7% of the median. (66 countries reporting)
- Oman's 34.07 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.61 trillion current LCU, 2% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure (current LCU) in Oman changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +184.4% | 148.00 million current LCU | 420.90 million current LCU |
| 1971 | +69.0% | 49.10 million current LCU | 83.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 35.60 million current LCU | 34.40 million current LCU | 37.30 million current LCU | 3 |
| 1970s | 484.99 million current LCU | 49.10 million current LCU | 1.03 billion current LCU | 10 |
| 1980s | 2.42 billion current LCU | 1.55 billion current LCU | 3.02 billion current LCU | 10 |
| 1990s | 4.72 billion current LCU | 3.41 billion current LCU | 6.59 billion current LCU | 10 |
| 2000s | 11.78 billion current LCU | 6.47 billion current LCU | 21.85 billion current LCU | 10 |
| 2010s | 27.27 billion current LCU | 19.54 billion current LCU | 30.98 billion current LCU | 10 |
| 2020s | 32.01 billion current LCU | 28.53 billion current LCU | 34.07 billion current LCU | 5 |
Countries ranked near Oman
- 155 Seychelles 39.74 billion current LCU compare
- 156 Turkmenistan 39.34 billion current LCU compare
- 157 Cyprus 34.42 billion current LCU compare
- 159 Faroe Islands 27.00 billion current LCU compare
- 160 Sao Tome and Principe 25.55 billion current LCU compare
- 161 Greenland 25.28 billion current LCU 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)
- SDRs holdings, US dollar, annual growth rate 2.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 178.8 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0065 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 130.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.33 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0051 units per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure in Oman?
- Gross national expenditure in Oman was 34.07 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Oman?
- The highest recorded value was 34.07 billion current LCU in 2024.
- What is the lowest gross national expenditure recorded in Oman?
- The lowest recorded value was 34.40 million current LCU in 1967.
- How does Oman rank for gross national expenditure?
- Oman ranks 158th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Oman?
- Over the last ten years it is up 20.4%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.