Gross value added at basic prices (GVA) in Oman
Oman: Gross value added at basic prices (GVA) was 39.78 billion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Oman, 1998–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Oman recorded 39.78 billion constant LCU for gross value added at basic prices (gva) in 2025. That is the highest value across all 28 years on record.
The figure is up 2.6% on the previous year and up 19.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Oman peaked at 39.78 billion constant LCU in 2025 and was at its lowest, 17.84 billion constant LCU, in 1998.
Oman ranks 147th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Gross value added at basic prices (GVA) in Oman, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1998 | 17.84 billion constant LCU | — |
| 1999 | 17.89 billion constant LCU | +0.3% |
| 2000 | 19.00 billion constant LCU | +6.2% |
| 2001 | 19.88 billion constant LCU | +4.6% |
| 2002 | 19.72 billion constant LCU | -0.8% |
| 2003 | 19.29 billion constant LCU | -2.2% |
| 2004 | 19.68 billion constant LCU | +2.0% |
| 2005 | 20.22 billion constant LCU | +2.8% |
| 2006 | 21.17 billion constant LCU | +4.7% |
| 2007 | 22.22 billion constant LCU | +5.0% |
| 2008 | 24.21 billion constant LCU | +8.9% |
| 2009 | 25.65 billion constant LCU | +6.0% |
| 2010 | 26.45 billion constant LCU | +3.1% |
| 2011 | 27.28 billion constant LCU | +3.1% |
| 2012 | 29.67 billion constant LCU | +8.8% |
| 2013 | 31.22 billion constant LCU | +5.2% |
| 2014 | 31.65 billion constant LCU | +1.4% |
| 2015 | 33.25 billion constant LCU | +5.1% |
| 2016 | 34.90 billion constant LCU | +5.0% |
| 2017 | 35.05 billion constant LCU | +0.4% |
| 2018 | 35.54 billion constant LCU | +1.4% |
| 2019 | 35.15 billion constant LCU | -1.1% |
| 2020 | 33.90 billion constant LCU | -3.6% |
| 2021 | 34.81 billion constant LCU | +2.7% |
| 2022 | 37.55 billion constant LCU | +7.9% |
| 2023 | 38.14 billion constant LCU | +1.6% |
| 2024 | 38.78 billion constant LCU | +1.7% |
| 2025 | 39.78 billion constant LCU | +2.6% |
Oman compared with similar countries
- Oman's 39.78 billion constant LCU is below the median for high income countries, which is 270.55 billion constant LCU, 15% of the median. (70 countries reporting)
- Oman's 39.78 billion constant LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 732.44 billion constant LCU, 5% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.87 billion constant LCU | 17.84 billion constant LCU | 17.89 billion constant LCU | 2 |
| 2000s | 21.10 billion constant LCU | 19.00 billion constant LCU | 25.65 billion constant LCU | 10 |
| 2010s | 32.02 billion constant LCU | 26.45 billion constant LCU | 35.54 billion constant LCU | 10 |
| 2020s | 37.16 billion constant LCU | 33.90 billion constant LCU | 39.78 billion constant LCU | 6 |
Countries ranked near Oman
- 144 Slovenia 48.08 billion constant LCU compare
- 145 Venezuela 46.92 billion constant LCU compare
- 146 Kuwait 46.31 billion constant LCU compare
- 148 Jordan 37.56 billion constant LCU compare
- 149 Bosnia and Herzegovina 36.41 billion constant LCU compare
- 150 Azerbaijan 31.02 billion constant 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)
- 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 value added at basic prices (gva) in Oman?
- Gross value added at basic prices (gva) in Oman was 39.78 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Oman?
- The highest recorded value was 39.78 billion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Oman?
- The lowest recorded value was 17.84 billion constant LCU in 1998.
- How does Oman rank for gross value added at basic prices (gva)?
- Oman ranks 147th out of 198 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Oman?
- Over the last ten years it is up 19.6%. The long-run trend across the full record is rising.
- Where does this Oman data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.