Gross value added at basic prices (GVA) in Oman
Oman: Gross value added at basic prices (GVA) was 42.37 billion current LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Oman, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Oman recorded 42.37 billion current LCU for gross value added at basic prices (gva) in 2025.
That represents a change of up 2.4% on the previous year and up 36.4% over ten years.
Over the whole period, gross value added at basic prices (gva) in Oman peaked at 42.91 billion current LCU in 2022 and was at its lowest, 15.20 million current LCU, in 1960.
Oman ranks 156th of 207 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 value added at basic prices (GVA) in Oman, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 15.20 million current LCU | — |
| 1961 | 15.70 million current LCU | +3.3% |
| 1962 | 19.70 million current LCU | +25.5% |
| 1963 | 20.80 million current LCU | +5.6% |
| 1964 | 21.40 million current LCU | +2.9% |
| 1965 | 21.90 million current LCU | +2.3% |
| 1966 | 23.50 million current LCU | +7.3% |
| 1967 | 38.00 million current LCU | +61.7% |
| 1968 | 77.70 million current LCU | +104.5% |
| 1969 | 98.80 million current LCU | +27.2% |
| 1970 | 105.70 million current LCU | +7.0% |
| 1971 | 124.00 million current LCU | +17.3% |
| 1972 | 139.20 million current LCU | +12.3% |
| 1973 | 167.70 million current LCU | +20.5% |
| 1974 | 566.20 million current LCU | +237.6% |
| 1975 | 723.70 million current LCU | +27.8% |
| 1976 | 879.80 million current LCU | +21.6% |
| 1977 | 942.20 million current LCU | +7.1% |
| 1978 | 942.30 million current LCU | +0.0% |
| 1979 | 1.28 billion current LCU | +36.0% |
| 1980 | 2.05 billion current LCU | +60.3% |
| 1990 | 5.03 billion current LCU | +144.9% |
| 1991 | 4.87 billion current LCU | -3.1% |
| 1992 | 5.35 billion current LCU | +9.7% |
| 1993 | 5.37 billion current LCU | +0.4% |
| 1994 | 5.56 billion current LCU | +3.5% |
| 1995 | 5.94 billion current LCU | +6.8% |
| 1996 | 6.57 billion current LCU | +10.7% |
| 1997 | 6.82 billion current LCU | +3.8% |
| 1998 | 6.04 billion current LCU | -11.4% |
| 1999 | 6.72 billion current LCU | +11.3% |
| 2000 | 8.51 billion current LCU | +26.7% |
| 2001 | 8.46 billion current LCU | -0.6% |
| 2002 | 8.79 billion current LCU | +3.9% |
| 2003 | 9.44 billion current LCU | +7.4% |
| 2004 | 10.84 billion current LCU | +14.8% |
| 2005 | 13.71 billion current LCU | +26.5% |
| 2006 | 16.38 billion current LCU | +19.5% |
| 2007 | 18.52 billion current LCU | +13.1% |
| 2008 | 26.70 billion current LCU | +44.1% |
| 2009 | 21.30 billion current LCU | -20.2% |
| 2010 | 25.64 billion current LCU | +20.3% |
| 2011 | 31.14 billion current LCU | +21.5% |
| 2012 | 35.05 billion current LCU | +12.5% |
| 2013 | 36.00 billion current LCU | +2.7% |
| 2014 | 36.97 billion current LCU | +2.7% |
| 2015 | 31.07 billion current LCU | -16.0% |
| 2016 | 29.09 billion current LCU | -6.4% |
| 2017 | 31.44 billion current LCU | +8.1% |
| 2018 | 35.54 billion current LCU | +13.1% |
| 2019 | 34.40 billion current LCU | -3.2% |
| 2020 | 29.73 billion current LCU | -13.6% |
| 2021 | 33.86 billion current LCU | +13.9% |
| 2022 | 42.91 billion current LCU | +26.7% |
| 2023 | 41.07 billion current LCU | -4.3% |
| 2024 | 41.39 billion current LCU | +0.8% |
| 2025 | 42.37 billion current LCU | +2.4% |
Oman compared with similar countries
- Oman's 42.37 billion current LCU is below the median for high income countries, which is 266.17 billion current LCU, 16% of the median. (77 countries reporting)
- Oman's 42.37 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.50 trillion current LCU, 3% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) 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 | +237.6% | 167.70 million current LCU | 566.20 million current LCU |
| 1990 | +144.9% | 2.05 billion current LCU | 5.03 billion current LCU |
| 1968 | +104.5% | 38.00 million current LCU | 77.70 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 35.27 million current LCU | 15.20 million current LCU | 98.80 million current LCU | 10 |
| 1970s | 587.22 million current LCU | 105.70 million current LCU | 1.28 billion current LCU | 10 |
| 1980s | 2.05 billion current LCU | 2.05 billion current LCU | 2.05 billion current LCU | 1 |
| 1990s | 5.83 billion current LCU | 4.87 billion current LCU | 6.82 billion current LCU | 10 |
| 2000s | 14.27 billion current LCU | 8.46 billion current LCU | 26.70 billion current LCU | 10 |
| 2010s | 32.63 billion current LCU | 25.64 billion current LCU | 36.97 billion current LCU | 10 |
| 2020s | 38.55 billion current LCU | 29.73 billion current LCU | 42.91 billion current LCU | 6 |
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 value added at basic prices (gva) in Oman?
- Gross value added at basic prices (gva) in Oman was 42.37 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Oman?
- The highest recorded value was 42.91 billion current LCU in 2022.
- What is the lowest gross value added at basic prices (gva) recorded in Oman?
- The lowest recorded value was 15.20 million current LCU in 1960.
- How does Oman rank for gross value added at basic prices (gva)?
- Oman ranks 156th out of 207 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 36.4%. 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 value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.