Taxes less subsidies on products (current LCU) in Oman
Oman: Taxes less subsidies on products (current LCU) was -228.64 million current LCU in 2025. ◆ Volatile
Latest (2025)
-228.64 million current LCU
Change on year
down 18.6%
World rank
196th
of 199 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 196th out of 199 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) 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% |
Oman compared with similar countries
- Oman's -228.64 million current LCU is below the median for high income countries, which is 26.91 billion current LCU. (74 countries reporting)
- Oman's -228.64 million current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 60.57 billion current LCU. (20 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current LCU) 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 |
|---|---|---|---|
| 2010 | -3592.4% | 18.50 million current LCU | -646.10 million current LCU |
| 2007 | +1166.7% | -4.50 million current LCU | 48.00 million current LCU |
| 1976 | +800.0% | 500,000 current LCU | 4.50 million current LCU |
| 1990 | +640.0% | 12.00 million current LCU | 88.80 million current LCU |
| 2005 | -179.4% | 71.00 million current LCU | -56.40 million current LCU |
| 2008 | +189.2% | 48.00 million current LCU | 138.80 million current LCU |
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
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)
- SDRs holdings, US dollar, annual growth rate 2.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 178.8 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0065 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 130.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.33 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0051 units 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 -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 196th out of 199 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.
Download this data
CSV · JSON — 57 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.