Machinery and transport equipment in Oman
Oman: Machinery and transport equipment was 4.8% in 2023. ◆ Volatile
Machinery and transport equipment in Oman, 1993–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
Oman recorded 4.8% for machinery and transport equipment in 2023.
That represents a change of up 27.5% on the previous year and up 37.3% over ten years.
Over the whole period, machinery and transport equipment in Oman peaked at 5.3% in 2020 and was at its lowest, 0.7%, in 2010.
That places Oman 90th out of 149 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Machinery and transport equipment in Oman, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1993 | 2.1% | — |
| 1994 | 1.2% | -42.2% |
| 1995 | 1.5% | +26.2% |
| 1996 | 1.6% | +6.9% |
| 1997 | 3.2% | +92.3% |
| 1998 | 2.4% | -25.3% |
| 1999 | 2.3% | -0.8% |
| 2000 | 1.5% | -36.4% |
| 2001 | 1.2% | -20.5% |
| 2002 | 1.1% | -4.2% |
| 2003 | 0.8% | -32.8% |
| 2004 | 1.1% | +39.7% |
| 2005 | 1.1% | +2.4% |
| 2006 | 0.9% | -21.8% |
| 2007 | 1.2% | +40.9% |
| 2008 | 1.2% | +3.6% |
| 2009 | 0.7% | -40.7% |
| 2010 | 0.7% | -9.2% |
| 2011 | 2.8% | +324.5% |
| 2012 | 3.4% | +20.1% |
| 2013 | 3.5% | +1.5% |
| 2014 | 2.6% | -24.4% |
| 2015 | 3.2% | +23.7% |
| 2016 | 3.7% | +13.0% |
| 2017 | 3.3% | -8.7% |
| 2018 | 5.0% | +48.3% |
| 2019 | 2.0% | -59.4% |
| 2020 | 5.3% | +165.2% |
| 2021 | 2.6% | -51.5% |
| 2022 | 3.7% | +44.4% |
| 2023 | 4.8% | +27.5% |
Oman compared with similar countries
- Oman's 4.8% is below the median for high income countries, which is 20.4%, 23% of the median. (56 countries reporting)
- Oman's 4.8% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.3%, 1.1× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Machinery and transport equipment 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 |
|---|---|---|---|
| 2011 | +324.5% | 0.7% | 2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.1% | 1.2% | 3.2% | 7 |
| 2000s | 1.1% | 0.7% | 1.5% | 10 |
| 2010s | 3.0% | 0.7% | 5.0% | 10 |
| 2020s | 4.1% | 2.6% | 5.3% | 4 |
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 machinery and transport equipment in Oman?
- Machinery and transport equipment in Oman was 4.8% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Oman?
- The highest recorded value was 5.3% in 2020.
- What is the lowest machinery and transport equipment recorded in Oman?
- The lowest recorded value was 0.7% in 2010.
- How does Oman rank for machinery and transport equipment?
- Oman ranks 90th out of 149 countries with data for 2023.
- Is machinery and transport equipment rising or falling in Oman?
- Over the last ten years it is up 37.3%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).