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

Latest (2025)
42.37 billion current LCU
Change on year
up 2.4%
World rank
156th
of 206 countries
All-time high
42.91 billion current LCU
in 2022
All-time low
15.20 million current LCU
in 1960
Years of data
57
1960–2025

Gross value added at basic prices (GVA) in Oman, 1960–2025

010.0B20.0B30.0B40.0B196019922025

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 206 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest 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

  1. 153 Slovenia 62.46 billion current LCU compare
  2. 154 Kuwait 51.79 billion current LCU compare
  3. 155 Bosnia and Herzegovina 47.27 billion current LCU compare
  4. 157 Lesotho 40.17 billion current LCU compare
  5. 158 Jordan 39.24 billion current LCU compare
  6. 159 Latvia 37.41 billion current LCU compare

See the full ranking of 206 places →

More economy & growth data for Oman

All data for Oman →

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 206 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.

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About this data

Indicator
Gross value added at basic prices (GVA) (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 9,147 data points, 1960–2025
Last refreshed

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.