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

Latest (2023)
3,782 million SLC
Change on year
down 12.7%
World rank
162nd
of 215 countries
All-time high
4,335 million SLC
in 2022
All-time low
0.4327 million SLC
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Oman, 1970–2023

01.0k2.0k3.0k4.0k197019962023

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 162nd out of 215 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 159 Panama 3,903 million SLC compare
  2. 160 Kuwait 3,836 million SLC compare
  3. 161 Brunei Darussalam 3,783 million SLC compare
  4. 163 Vanuatu 3,592 million SLC compare
  5. 164 Bahrain 3,202 million SLC compare
  6. 165 China, Macao SAR 2,814 million SLC compare

See the full ranking of 218 places →

More economy & growth data for Oman

All data for Oman →

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 162nd out of 215 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.

Download this data

CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
218 places, 10,797 data points, 1970–2023
Last refreshed

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).