Value Added (Total Manufacturing) — Value US$, 2015 prices in Oman

Oman: Value Added (Total Manufacturing) — Value US$, 2015 prices was 8,404 million USD in 2023. ◆ Volatile

Latest (2023)
8,404 million USD
Change on year
down 4.4%
World rank
79th
of 220 countries
All-time high
8,794 million USD
in 2022
All-time low
56.33 million USD
in 1973
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value US$, 2015 prices in Oman, 1970–2023

02.0k4.0k6.0k8.0k197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2023, value added (total manufacturing) — value us$, 2015 prices in Oman stood at 8,404 million USD.

That represents a change of down 4.4% on the previous year and up 21.7% over ten years.

Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Oman peaked at 8,794 million USD in 2022 and was at its lowest, 56.33 million USD, in 1973.

Oman ranks 79th of 220 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 92.95 million USD 56.33 million USD 152.5 million USD 10
1980s 741.43 million USD 167.11 million USD 1,249 million USD 10
1990s 1,988 million USD 1,406 million USD 2,462 million USD 10
2000s 4,435 million USD 2,962 million USD 6,131 million USD 10
2010s 7,057 million USD 6,453 million USD 7,937 million USD 10
2020s 7,921 million USD 6,996 million USD 8,794 million USD 4

Countries ranked near Oman

  1. 76 Iraq 9,138 million USD compare
  2. 77 Paraguay 8,593 million USD compare
  3. 78 Kenya 8,543 million USD compare
  4. 80 Jordan 8,197 million USD compare
  5. 81 Croatia 7,969 million USD compare
  6. 82 Ghana 7,785 million USD compare

See the full ranking of 252 places →

More economy & growth data for Oman

All data for Oman →

Frequently asked questions

What is value added (total manufacturing) — value us$, 2015 prices in Oman?
Value added (total manufacturing) — value us$, 2015 prices in Oman was 8,404 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Oman?
The highest recorded value was 8,794 million USD in 2022.
What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Oman?
The lowest recorded value was 56.33 million USD in 1973.
How does Oman rank for value added (total manufacturing) — value us$, 2015 prices?
Oman ranks 79th out of 220 countries with data for 2023.
Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Oman?
Over the last ten years it is up 21.7%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Value Added (Total Manufacturing) — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,511 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).