Taxes less subsidies on products in Oman
Oman: Taxes less subsidies on products was -228.64 million current LCU in 2025. ◆ Volatile
Latest (2025)
-228.64 million current LCU
Change on year
down 18.6%
World rank
194th
of 197 countries
All-time high
138.80 million current LCU
in 2008
All-time low
-1.44 billion current LCU
in 2012
Years of data
57
1960–2025
Taxes less subsidies on products in Oman, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Oman recorded -228.64 million current LCU for taxes less subsidies on products in 2025.
The figure is down 18.6% on the previous year and up 71.5% over ten years.
Over the whole period, taxes less subsidies on products in Oman peaked at 138.80 million current LCU in 2008 and was at its lowest, -1.44 billion current LCU, in 2012.
That places Oman 194th 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 in Oman, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 600,000 current LCU | — |
| 1961 | 600,000 current LCU | +0.0% |
| 1962 | 400,000 current LCU | -33.3% |
| 1963 | 600,000 current LCU | +50.0% |
| 1964 | 700,000 current LCU | +16.7% |
| 1965 | 700,000 current LCU | +0.0% |
| 1966 | 700,000 current LCU | +0.0% |
| 1967 | 800,000 current LCU | +14.3% |
| 1968 | 1.00 million current LCU | +25.0% |
| 1969 | 1.20 million current LCU | +20.0% |
| 1970 | 1.10 million current LCU | -8.3% |
| 1971 | 1.10 million current LCU | +0.0% |
| 1972 | 1.60 million current LCU | +45.5% |
| 1973 | 1.70 million current LCU | +6.2% |
| 1974 | 2.30 million current LCU | +35.3% |
| 1975 | 500,000 current LCU | -78.3% |
| 1976 | 4.50 million current LCU | +800.0% |
| 1977 | 4.60 million current LCU | +2.2% |
| 1978 | 4.60 million current LCU | +0.0% |
| 1979 | 8.10 million current LCU | +76.1% |
| 1980 | 12.00 million current LCU | +48.1% |
| 1990 | 88.80 million current LCU | +640.0% |
| 1991 | 93.80 million current LCU | +5.6% |
| 1992 | 107.50 million current LCU | +14.6% |
| 1993 | 103.50 million current LCU | -3.7% |
| 1994 | 103.50 million current LCU | +0.0% |
| 1995 | 111.60 million current LCU | +7.8% |
| 1996 | 120.90 million current LCU | +8.3% |
| 1997 | 120.00 million current LCU | -0.7% |
| 1998 | 129.00 million current LCU | +7.5% |
| 1999 | 136.80 million current LCU | +6.0% |
| 2000 | 47.80 million current LCU | -65.1% |
| 2001 | 76.40 million current LCU | +59.8% |
| 2002 | 80.90 million current LCU | +5.9% |
| 2003 | 68.20 million current LCU | -15.7% |
| 2004 | 71.00 million current LCU | +4.1% |
| 2005 | -56.40 million current LCU | -179.4% |
| 2006 | -4.50 million current LCU | -92.0% |
| 2007 | 48.00 million current LCU | -1166.7% |
| 2008 | 138.80 million current LCU | +189.2% |
| 2009 | 18.50 million current LCU | -86.7% |
| 2010 | -646.10 million current LCU | -3592.4% |
| 2011 | -1.34 billion current LCU | +108.1% |
| 2012 | -1.44 billion current LCU | +6.9% |
| 2013 | -1.42 billion current LCU | -1.5% |
| 2014 | -1.32 billion current LCU | -6.4% |
| 2015 | -803.10 million current LCU | -39.4% |
| 2016 | -200.00 million current LCU | -75.1% |
| 2017 | -351.10 million current LCU | +75.5% |
| 2018 | -359.50 million current LCU | +2.4% |
| 2019 | -545.30 million current LCU | +51.7% |
| 2020 | -541.00 million current LCU | -0.8% |
| 2021 | -283.40 million current LCU | -47.6% |
| 2022 | -674.90 million current LCU | +138.1% |
| 2023 | -244.29 million current LCU | -63.8% |
| 2024 | -192.81 million current LCU | -21.1% |
| 2025 | -228.64 million current LCU | +18.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 730,000 current LCU | 400,000 current LCU | 1.20 million current LCU | 10 |
| 1970s | 3.01 million current LCU | 500,000 current LCU | 8.10 million current LCU | 10 |
| 1980s | 12.00 million current LCU | 12.00 million current LCU | 12.00 million current LCU | 1 |
| 1990s | 111.54 million current LCU | 88.80 million current LCU | 136.80 million current LCU | 10 |
| 2000s | 48.87 million current LCU | -56.40 million current LCU | 138.80 million current LCU | 10 |
| 2010s | -842.70 million current LCU | -1.44 billion current LCU | -200.00 million current LCU | 10 |
| 2020s | -360.84 million current LCU | -674.90 million current LCU | -192.81 million current LCU | 6 |
Countries ranked near Oman
- 191 Venezuela, Bolivarian Republic of 0 current LCU compare
- 192 Kiribati -10.45 million current LCU compare
- 193 Timor-Leste -34.79 million current LCU compare
- 195 Brunei Darussalam -279.94 million current LCU compare
- 196 Kuwait -3.61 billion current LCU compare
- 197 Libya -4.24 billion current LCU 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)
- Gross domestic savings (current US$), annual growth rate -1.98 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.4214 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 8,548 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate -1.98 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.162 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 3,287 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 2.38 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9625 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products in Oman?
- Taxes less subsidies on products in Oman was -228.64 million current 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 138.80 million current LCU in 2008.
- What is the lowest taxes less subsidies on products recorded in Oman?
- The lowest recorded value was -1.44 billion current LCU in 2012.
- How does Oman rank for taxes less subsidies on products?
- Oman ranks 194th out of 197 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Oman?
- Over the last ten years it is up 71.5%. 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 (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. 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.