Terms of trade adjustment (constant LCU), annual growth rate in Oman
Oman: Terms of trade adjustment (constant LCU), annual growth rate was -46.46 % change on previous year in 2024. ◆ Volatile
Terms of trade adjustment (constant LCU), annual growth rate in Oman, 1999–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Oman recorded -46.46 % change on previous year for terms of trade adjustment (constant lcu), annual growth rate in 2024.
Compared with earlier readings it is up 65.5% on the previous year and down 203.0% over ten years.
Over the whole period, terms of trade adjustment (constant lcu), annual growth rate in Oman peaked at 329.89 % change on previous year in 2008 and was at its lowest, -414.24 % change on previous year, in 2020.
That places Oman 149th out of 178 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment (constant LCU), annual growth rate in Oman, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1999 | 7.44 % change on previous year | — |
| 2000 | 2.38 % change on previous year | -68.0% |
| 2001 | -10.33 % change on previous year | -533.4% |
| 2002 | 6.95 % change on previous year | -167.3% |
| 2003 | 18.04 % change on previous year | +159.4% |
| 2004 | 21.17 % change on previous year | +17.3% |
| 2005 | 34.12 % change on previous year | +61.2% |
| 2006 | 35.44 % change on previous year | +3.9% |
| 2007 | 62.19 % change on previous year | +75.5% |
| 2008 | 329.89 % change on previous year | +430.5% |
| 2009 | -240.65 % change on previous year | -172.9% |
| 2010 | 110.54 % change on previous year | -145.9% |
| 2012 | 43.89 % change on previous year | -60.3% |
| 2013 | -19.65 % change on previous year | -144.8% |
| 2014 | -15.33 % change on previous year | -22.0% |
| 2015 | -179.85 % change on previous year | +1072.8% |
| 2016 | -85.15 % change on previous year | -52.7% |
| 2017 | 54.61 % change on previous year | -164.1% |
| 2018 | 100.04 % change on previous year | +83.2% |
| 2020 | -414.24 % change on previous year | -514.1% |
| 2021 | 43.4 % change on previous year | -110.5% |
| 2022 | 183.26 % change on previous year | +322.3% |
| 2023 | -134.69 % change on previous year | -173.5% |
| 2024 | -46.46 % change on previous year | -65.5% |
Oman compared with similar countries
- Oman's -46.46 % change on previous year is below the median for high income countries, which is 12.48 % change on previous year. (63 countries reporting)
- Oman's -46.46 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is -29.99 % change on previous year, 1.5× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Terms of trade adjustment (constant LCU), annual growth rate 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 |
|---|---|---|---|
| 2015 | -1072.8% | -15.33 % change on previous year | -179.85 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.44 % change on previous year | 7.44 % change on previous year | 7.44 % change on previous year | 1 |
| 2000s | 25.92 % change on previous year | -240.65 % change on previous year | 329.89 % change on previous year | 10 |
| 2010s | 1.14 % change on previous year | -179.85 % change on previous year | 110.54 % change on previous year | 8 |
| 2020s | -73.75 % change on previous year | -414.24 % change on previous year | 183.26 % change on previous year | 5 |
Countries ranked near Oman
- 146 Iran -44.31 % change on previous year compare
- 147 Cote d'Ivoire -44.94 % change on previous year compare
- 148 Belgium -45.91 % change on previous year compare
- 150 Kuwait -46.91 % change on previous year compare
- 151 South Sudan -47.03 % change on previous year compare
- 152 Somalia -62.31 % change on previous year 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)
- 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 terms of trade adjustment (constant lcu), annual growth rate in Oman?
- Terms of trade adjustment (constant lcu), annual growth rate in Oman was -46.46 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest terms of trade adjustment (constant lcu), annual growth rate recorded in Oman?
- The highest recorded value was 329.89 % change on previous year in 2008.
- What is the lowest terms of trade adjustment (constant lcu), annual growth rate recorded in Oman?
- The lowest recorded value was -414.24 % change on previous year in 2020.
- How does Oman rank for terms of trade adjustment (constant lcu), annual growth rate?
- Oman ranks 149th out of 178 countries with data for 2024.
- Is terms of trade adjustment (constant lcu), annual growth rate rising or falling in Oman?
- Over the last ten years it is down 203.0%. 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 Terms of trade adjustment (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Terms of trade adjustment 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
The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.