Taxes less subsidies on products (current LCU), per unit of GDP in Oman
Oman: Taxes less subsidies on products (current LCU), per unit of GDP was -0.0021 current LCU per US$ of GDP in 2025. ◆ Volatile
Latest (2025)
-0.0021 current LCU per US$ of GDP
Change on year
down 15.9%
World rank
192nd
of 197 countries
All-time high
0.0136 current LCU per US$ of GDP
in 1960
All-time low
-0.0173 current LCU per US$ of GDP
in 2011
Years of data
57
1960–2025
Taxes less subsidies on products (current LCU), per unit of GDP in Oman, 1960–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, taxes less subsidies on products (current lcu), per unit of gdp in Oman stood at -0.0021 current LCU per US$ of GDP.
Compared with earlier readings it is down 15.9% on the previous year and up 79.6% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Oman peaked at 0.0136 current LCU per US$ of GDP in 1960 and was at its lowest, -0.0173 current LCU per US$ of GDP, in 2011.
That places Oman 192nd out of 197 countries with data for 2025, putting it 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 (current LCU), per unit of GDP in Oman, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0136 current LCU per US$ of GDP | — |
| 1961 | 0.0131 current LCU per US$ of GDP | -3.1% |
| 1962 | 0.0071 current LCU per US$ of GDP | -45.9% |
| 1963 | 0.01 current LCU per US$ of GDP | +40.9% |
| 1964 | 0.0113 current LCU per US$ of GDP | +13.0% |
| 1965 | 0.0111 current LCU per US$ of GDP | -2.2% |
| 1966 | 0.0103 current LCU per US$ of GDP | -6.6% |
| 1967 | 0.0075 current LCU per US$ of GDP | -27.7% |
| 1968 | 0.0053 current LCU per US$ of GDP | -29.1% |
| 1969 | 0.005 current LCU per US$ of GDP | -5.6% |
| 1970 | 0.0043 current LCU per US$ of GDP | -14.2% |
| 1971 | 0.0037 current LCU per US$ of GDP | -14.8% |
| 1972 | 0.0044 current LCU per US$ of GDP | +19.3% |
| 1973 | 0.0035 current LCU per US$ of GDP | -19.3% |
| 1974 | 0.0014 current LCU per US$ of GDP | -60.3% |
| 1975 | 0.0002 current LCU per US$ of GDP | -82.9% |
| 1976 | 0.0018 current LCU per US$ of GDP | +637.1% |
| 1977 | 0.0017 current LCU per US$ of GDP | -4.5% |
| 1978 | 0.0017 current LCU per US$ of GDP | +0.0% |
| 1979 | 0.0022 current LCU per US$ of GDP | +29.2% |
| 1980 | 0.002 current LCU per US$ of GDP | -7.5% |
| 1990 | 0.0067 current LCU per US$ of GDP | +232.6% |
| 1991 | 0.0073 current LCU per US$ of GDP | +8.8% |
| 1992 | 0.0076 current LCU per US$ of GDP | +4.4% |
| 1993 | 0.0073 current LCU per US$ of GDP | -4.0% |
| 1994 | 0.007 current LCU per US$ of GDP | -3.3% |
| 1995 | 0.0071 current LCU per US$ of GDP | +0.9% |
| 1996 | 0.0069 current LCU per US$ of GDP | -2.1% |
| 1997 | 0.0067 current LCU per US$ of GDP | -4.3% |
| 1998 | 0.008 current LCU per US$ of GDP | +20.9% |
| 1999 | 0.0077 current LCU per US$ of GDP | -4.6% |
| 2000 | 0.0021 current LCU per US$ of GDP | -72.0% |
| 2001 | 0.0034 current LCU per US$ of GDP | +60.2% |
| 2002 | 0.0035 current LCU per US$ of GDP | +1.9% |
| 2003 | 0.0028 current LCU per US$ of GDP | -21.4% |
| 2004 | 0.0025 current LCU per US$ of GDP | -9.3% |
| 2005 | -0.0016 current LCU per US$ of GDP | -163.5% |
| 2006 | -0.0001 current LCU per US$ of GDP | -93.3% |
| 2007 | 0.001 current LCU per US$ of GDP | -1040.3% |
| 2008 | 0.002 current LCU per US$ of GDP | +100.1% |
| 2009 | 0.0003 current LCU per US$ of GDP | -83.2% |
| 2010 | -0.0099 current LCU per US$ of GDP | -3079.8% |
| 2011 | -0.0173 current LCU per US$ of GDP | +74.5% |
| 2012 | -0.0164 current LCU per US$ of GDP | -5.2% |
| 2013 | -0.0157 current LCU per US$ of GDP | -4.3% |
| 2014 | -0.0143 current LCU per US$ of GDP | -9.2% |
| 2015 | -0.0102 current LCU per US$ of GDP | -28.6% |
| 2016 | -0.0027 current LCU per US$ of GDP | -73.9% |
| 2017 | -0.0043 current LCU per US$ of GDP | +63.1% |
| 2018 | -0.0039 current LCU per US$ of GDP | -9.5% |
| 2019 | -0.0062 current LCU per US$ of GDP | +57.6% |
| 2020 | -0.0071 current LCU per US$ of GDP | +15.1% |
| 2021 | -0.0032 current LCU per US$ of GDP | -54.5% |
| 2022 | -0.0061 current LCU per US$ of GDP | +89.3% |
| 2023 | -0.0023 current LCU per US$ of GDP | -62.5% |
| 2024 | -0.0018 current LCU per US$ of GDP | -21.8% |
| 2025 | -0.0021 current LCU per US$ of GDP | +15.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0094 current LCU per US$ of GDP | 0.005 current LCU per US$ of GDP | 0.0136 current LCU per US$ of GDP | 10 |
| 1970s | 0.0025 current LCU per US$ of GDP | 0.0002 current LCU per US$ of GDP | 0.0044 current LCU per US$ of GDP | 10 |
| 1980s | 0.002 current LCU per US$ of GDP | 0.002 current LCU per US$ of GDP | 0.002 current LCU per US$ of GDP | 1 |
| 1990s | 0.0072 current LCU per US$ of GDP | 0.0067 current LCU per US$ of GDP | 0.008 current LCU per US$ of GDP | 10 |
| 2000s | 0.0016 current LCU per US$ of GDP | -0.0016 current LCU per US$ of GDP | 0.0035 current LCU per US$ of GDP | 10 |
| 2010s | -0.0101 current LCU per US$ of GDP | -0.0173 current LCU per US$ of GDP | -0.0027 current LCU per US$ of GDP | 10 |
| 2020s | -0.0038 current LCU per US$ of GDP | -0.0071 current LCU per US$ of GDP | -0.0018 current LCU per US$ of GDP | 6 |
Countries ranked near Oman
- 189 Cuba 0.0071 current LCU per US$ of GDP compare
- 190 Isle of Man 0.0024 current LCU per US$ of GDP compare
- 191 Venezuela, Bolivarian Republic of 0 current LCU per US$ of GDP compare
- 193 Brunei Darussalam -0.0186 current LCU per US$ of GDP compare
- 194 Timor-Leste -0.0186 current LCU per US$ of GDP compare
- 195 Kuwait -0.023 current LCU per US$ of GDP 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)
- Households and NPISHs Final consumption expenditure (current LCU) 4.54 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.1504 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 3,052 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.84 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3862 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 7,834 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 3.12 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.5786 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Oman?
- Taxes less subsidies on products (current lcu), per unit of gdp in Oman was -0.0021 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Oman?
- The highest recorded value was 0.0136 current LCU per US$ of GDP in 1960.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Oman?
- The lowest recorded value was -0.0173 current LCU per US$ of GDP in 2011.
- How does Oman rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Oman ranks 192nd out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Oman?
- Over the last ten years it is up 79.6%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 57 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.