Value Added (Total Manufacturing) — Value Standard Local Currency in Oman
Oman: Value Added (Total Manufacturing) — Value Standard Local Currency was 3,782 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Oman, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Oman stood at 3,782 million SLC.
Compared with earlier readings it is down 12.7% on the previous year and up 16.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Oman peaked at 4,335 million SLC in 2022 and was at its lowest, 0.4327 million SLC, in 1970.
That places Oman 174th out of 231 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Oman, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 0.4327 million SLC | — |
| 1971 | 0.4327 million SLC | +0.0% |
| 1972 | 0.6491 million SLC | +50.0% |
| 1973 | 1.3 million SLC | +100.0% |
| 1974 | 4.33 million SLC | +233.3% |
| 1975 | 4.54 million SLC | +5.0% |
| 1976 | 3.87 million SLC | -14.8% |
| 1977 | 6.03 million SLC | +55.8% |
| 1978 | 7.65 million SLC | +26.9% |
| 1979 | 10.35 million SLC | +35.3% |
| 1980 | 14.04 million SLC | +35.7% |
| 1981 | 24.27 million SLC | +72.9% |
| 1982 | 35.5 million SLC | +46.3% |
| 1983 | 51.74 million SLC | +45.8% |
| 1984 | 66.08 million SLC | +27.7% |
| 1985 | 79.12 million SLC | +19.7% |
| 1986 | 97.27 million SLC | +22.9% |
| 1987 | 101.48 million SLC | +4.3% |
| 1988 | 112.71 million SLC | +11.1% |
| 1989 | 126.04 million SLC | +11.8% |
| 1990 | 132.06 million SLC | +4.8% |
| 1991 | 150.71 million SLC | +14.1% |
| 1992 | 176.48 million SLC | +17.1% |
| 1993 | 202.55 million SLC | +14.8% |
| 1994 | 222.78 million SLC | +10.0% |
| 1995 | 265.22 million SLC | +19.1% |
| 1996 | 264.11 million SLC | -0.4% |
| 1997 | 272.91 million SLC | +3.3% |
| 1998 | 289.29 million SLC | +6.0% |
| 1999 | 340.8 million SLC | +17.8% |
| 2000 | 529.85 million SLC | +55.5% |
| 2001 | 718.92 million SLC | +35.7% |
| 2002 | 758.8 million SLC | +5.5% |
| 2003 | 771.1 million SLC | +1.6% |
| 2004 | 870.98 million SLC | +13.0% |
| 2005 | 1,080 million SLC | +23.9% |
| 2006 | 1,654 million SLC | +53.2% |
| 2007 | 1,686 million SLC | +2.0% |
| 2008 | 2,574 million SLC | +52.7% |
| 2009 | 2,191 million SLC | -14.9% |
| 2010 | 2,510 million SLC | +14.6% |
| 2011 | 3,118 million SLC | +24.2% |
| 2012 | 3,338 million SLC | +7.1% |
| 2013 | 3,253 million SLC | -2.5% |
| 2014 | 3,076 million SLC | -5.4% |
| 2015 | 2,698 million SLC | -12.3% |
| 2016 | 2,286 million SLC | -15.3% |
| 2017 | 2,641 million SLC | +15.5% |
| 2018 | 3,199 million SLC | +21.1% |
| 2019 | 2,719 million SLC | -15.0% |
| 2020 | 2,439 million SLC | -10.3% |
| 2021 | 3,159 million SLC | +29.5% |
| 2022 | 4,335 million SLC | +37.2% |
| 2023 | 3,782 million SLC | -12.7% |
Oman compared with similar countries
- Oman's 3,782 million SLC is below the median for high income countries, which is 31,737 million SLC, 12% of the median. (73 countries reporting)
- Oman's 3,782 million SLC is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 151,914 million SLC, 2% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency 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 |
|---|---|---|---|
| 1974 | +233.3% | 1.3 million SLC | 4.33 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.96 million SLC | 0.4327 million SLC | 10.35 million SLC | 10 |
| 1980s | 70.82 million SLC | 14.04 million SLC | 126.04 million SLC | 10 |
| 1990s | 231.69 million SLC | 132.06 million SLC | 340.8 million SLC | 10 |
| 2000s | 1,283 million SLC | 529.85 million SLC | 2,574 million SLC | 10 |
| 2010s | 2,884 million SLC | 2,286 million SLC | 3,338 million SLC | 10 |
| 2020s | 3,429 million SLC | 2,439 million SLC | 4,335 million SLC | 4 |
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)
- 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 value added (total manufacturing) — value standard local currency in Oman?
- Value added (total manufacturing) — value standard local currency in Oman was 3,782 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Oman?
- The highest recorded value was 4,335 million SLC in 2022.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Oman?
- The lowest recorded value was 0.4327 million SLC in 1970.
- How does Oman rank for value added (total manufacturing) — value standard local currency?
- Oman ranks 174th out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Oman?
- Over the last ten years it is up 16.3%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).