Taxes less subsidies on products in Oman
Oman: Taxes less subsidies on products was -485.30 million constant LCU in 2025. ◆ Volatile
Taxes less subsidies on products in Oman, 1998–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for taxes less subsidies on products in Oman is -485.30 million constant LCU, measured in 2025. That is the lowest value across all 28 years on record.
That represents a change of down 18.7% on the previous year and down 69.3% over ten years.
Over the whole period, taxes less subsidies on products in Oman peaked at 5.70 million constant LCU in 2008 and was at its lowest, -485.30 million constant LCU, in 2025.
Oman ranks 185th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Oman, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1998 | 1.60 million constant LCU | — |
| 1999 | 1.20 million constant LCU | -25.0% |
| 2000 | 2.10 million constant LCU | +75.0% |
| 2001 | 1.70 million constant LCU | -19.0% |
| 2002 | 1.60 million constant LCU | -5.9% |
| 2003 | 1.50 million constant LCU | -6.2% |
| 2004 | 1.40 million constant LCU | -6.7% |
| 2005 | -1.10 million constant LCU | -178.6% |
| 2006 | -5.10 million constant LCU | +363.6% |
| 2007 | 900,000 constant LCU | -117.6% |
| 2008 | 5.70 million constant LCU | +533.3% |
| 2009 | 4.80 million constant LCU | -15.8% |
| 2010 | -155.20 million constant LCU | -3333.3% |
| 2011 | -223.90 million constant LCU | +44.3% |
| 2012 | -213.70 million constant LCU | -4.6% |
| 2013 | -223.90 million constant LCU | +4.8% |
| 2014 | -252.70 million constant LCU | +12.9% |
| 2015 | -286.60 million constant LCU | +13.4% |
| 2016 | -270.40 million constant LCU | -5.7% |
| 2017 | -314.90 million constant LCU | +16.5% |
| 2018 | -359.50 million constant LCU | +14.2% |
| 2019 | -367.50 million constant LCU | +2.2% |
| 2020 | -291.80 million constant LCU | -20.6% |
| 2021 | -330.00 million constant LCU | +13.1% |
| 2022 | -320.40 million constant LCU | -2.9% |
| 2023 | -381.90 million constant LCU | +19.2% |
| 2024 | -408.80 million constant LCU | +7.0% |
| 2025 | -485.30 million constant LCU | +18.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.40 million constant LCU | 1.20 million constant LCU | 1.60 million constant LCU | 2 |
| 2000s | 1.35 million constant LCU | -5.10 million constant LCU | 5.70 million constant LCU | 10 |
| 2010s | -266.83 million constant LCU | -367.50 million constant LCU | -155.20 million constant LCU | 10 |
| 2020s | -369.70 million constant LCU | -485.30 million constant LCU | -291.80 million constant 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.38 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.3866 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 7,711 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.57 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8819 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 17,591 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 2.57 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.3629 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Oman?
- Taxes less subsidies on products in Oman was -485.30 million constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Oman?
- The highest recorded value was 5.70 million constant LCU in 2008.
- What is the lowest taxes less subsidies on products recorded in Oman?
- The lowest recorded value was -485.30 million constant LCU in 2025.
- How does Oman rank for taxes less subsidies on products?
- Oman ranks 185th out of 187 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Oman?
- Over the last ten years it is down 69.3%. 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 Taxes less subsidies on products (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
Taxes less subsidies on products are taxes payable per unit of a good or service. 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.