Gross national expenditure in Oman
Oman: Gross national expenditure was 88.61 billion current US$ in 2024. ◆ Volatile
Gross national expenditure in Oman, 1967–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in Oman is 88.61 billion current US$, measured in 2024. That is the highest value across all 58 years on record.
That represents a change of 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 88.61 billion current US$ in 2024 and was at its lowest, 84.24 million current US$, in 1968.
Oman ranks 80th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Oman, year by year
| Year | current US$ | Change |
|---|---|---|
| 1967 | 95.00 million current US$ | — |
| 1968 | 84.24 million current US$ | -11.3% |
| 1969 | 89.52 million current US$ | +6.3% |
| 1970 | 117.84 million current US$ | +31.6% |
| 1971 | 199.71 million current US$ | +69.5% |
| 1972 | 309.56 million current US$ | +55.0% |
| 1973 | 422.04 million current US$ | +36.3% |
| 1974 | 1.22 billion current US$ | +188.7% |
| 1975 | 1.74 billion current US$ | +43.1% |
| 1976 | 2.14 billion current US$ | +22.8% |
| 1977 | 2.33 billion current US$ | +8.8% |
| 1978 | 2.48 billion current US$ | +6.5% |
| 1979 | 2.97 billion current US$ | +19.9% |
| 1980 | 4.49 billion current US$ | +50.9% |
| 1981 | 5.33 billion current US$ | +18.7% |
| 1982 | 6.39 billion current US$ | +20.0% |
| 1983 | 6.70 billion current US$ | +4.8% |
| 1984 | 7.70 billion current US$ | +15.0% |
| 1985 | 8.73 billion current US$ | +13.4% |
| 1986 | 7.45 billion current US$ | -14.7% |
| 1987 | 6.26 billion current US$ | -16.0% |
| 1988 | 6.88 billion current US$ | +9.9% |
| 1989 | 7.03 billion current US$ | +2.2% |
| 1990 | 8.86 billion current US$ | +26.0% |
| 1991 | 9.82 billion current US$ | +10.8% |
| 1992 | 10.70 billion current US$ | +8.9% |
| 1993 | 11.23 billion current US$ | +5.0% |
| 1994 | 11.21 billion current US$ | -0.2% |
| 1995 | 11.93 billion current US$ | +6.5% |
| 1996 | 12.41 billion current US$ | +4.0% |
| 1997 | 13.28 billion current US$ | +7.1% |
| 1998 | 17.14 billion current US$ | +29.0% |
| 1999 | 16.20 billion current US$ | -5.5% |
| 2000 | 16.84 billion current US$ | +4.0% |
| 2001 | 17.86 billion current US$ | +6.0% |
| 2002 | 18.80 billion current US$ | +5.3% |
| 2003 | 21.07 billion current US$ | +12.1% |
| 2004 | 25.28 billion current US$ | +20.0% |
| 2005 | 27.05 billion current US$ | +7.0% |
| 2006 | 33.46 billion current US$ | +23.7% |
| 2007 | 41.36 billion current US$ | +23.6% |
| 2008 | 56.83 billion current US$ | +37.4% |
| 2009 | 47.72 billion current US$ | -16.0% |
| 2010 | 50.82 billion current US$ | +6.5% |
| 2011 | 57.20 billion current US$ | +12.5% |
| 2012 | 66.98 billion current US$ | +17.1% |
| 2013 | 72.38 billion current US$ | +8.1% |
| 2014 | 73.60 billion current US$ | +1.7% |
| 2015 | 76.41 billion current US$ | +3.8% |
| 2016 | 75.30 billion current US$ | -1.5% |
| 2017 | 78.85 billion current US$ | +4.7% |
| 2018 | 80.56 billion current US$ | +2.2% |
| 2019 | 77.05 billion current US$ | -4.4% |
| 2020 | 74.21 billion current US$ | -3.7% |
| 2021 | 77.97 billion current US$ | +5.1% |
| 2022 | 87.05 billion current US$ | +11.7% |
| 2023 | 88.42 billion current US$ | +1.6% |
| 2024 | 88.61 billion current US$ | +0.2% |
Oman compared with similar countries
- Oman's 88.61 billion current US$ is below the median for high income countries, which is 195.11 billion current US$, 45% of the median. (66 countries reporting)
- Oman's 88.61 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 88.61 billion current US$, 1.0× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure in Oman changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +188.7% | 422.04 million current US$ | 1.22 billion current US$ |
| 1971 | +69.5% | 117.84 million current US$ | 199.71 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 89.59 million current US$ | 84.24 million current US$ | 95.00 million current US$ | 3 |
| 1970s | 1.39 billion current US$ | 117.84 million current US$ | 2.97 billion current US$ | 10 |
| 1980s | 6.70 billion current US$ | 4.49 billion current US$ | 8.73 billion current US$ | 10 |
| 1990s | 12.28 billion current US$ | 8.86 billion current US$ | 17.14 billion current US$ | 10 |
| 2000s | 30.63 billion current US$ | 16.84 billion current US$ | 56.83 billion current US$ | 10 |
| 2010s | 70.92 billion current US$ | 50.82 billion current US$ | 80.56 billion current US$ | 10 |
| 2020s | 83.25 billion current US$ | 74.21 billion current US$ | 88.61 billion current US$ | 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)
- 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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure in Oman?
- Gross national expenditure in Oman was 88.61 billion current US$ 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 88.61 billion current US$ in 2024.
- What is the lowest gross national expenditure recorded in Oman?
- The lowest recorded value was 84.24 million current US$ in 1968.
- How does Oman rank for gross national expenditure?
- Oman ranks 80th 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 US$). 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 indicator is expressed in United States dollars.