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
Value Added (Total Manufacturing) — Value US$, 2015 prices in Oman, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 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$, 2015 prices in Oman peaked at 8,794 million USD in 2022 and was at its lowest, 56.33 million USD, in 1973.
Oman ranks 86th of 236 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, 2015 prices in Oman, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 59.79 million USD | — |
| 1971 | 60.94 million USD | +1.9% |
| 1972 | 68.61 million USD | +12.6% |
| 1973 | 56.33 million USD | -17.9% |
| 1974 | 71.06 million USD | +26.2% |
| 1975 | 91.84 million USD | +29.2% |
| 1976 | 114.41 million USD | +24.6% |
| 1977 | 152.5 million USD | +33.3% |
| 1978 | 113.64 million USD | -25.5% |
| 1979 | 140.38 million USD | +23.5% |
| 1980 | 167.11 million USD | +19.0% |
| 1981 | 276.63 million USD | +65.5% |
| 1982 | 412.59 million USD | +49.1% |
| 1983 | 560.82 million USD | +35.9% |
| 1984 | 751.53 million USD | +34.0% |
| 1985 | 895.04 million USD | +19.1% |
| 1986 | 1,022 million USD | +14.1% |
| 1987 | 1,019 million USD | -0.3% |
| 1988 | 1,061 million USD | +4.2% |
| 1989 | 1,249 million USD | +17.7% |
| 1990 | 1,406 million USD | +12.5% |
| 1991 | 1,499 million USD | +6.6% |
| 1992 | 1,671 million USD | +11.5% |
| 1993 | 1,926 million USD | +15.3% |
| 1994 | 1,966 million USD | +2.1% |
| 1995 | 2,423 million USD | +23.2% |
| 1996 | 2,373 million USD | -2.1% |
| 1997 | 2,462 million USD | +3.7% |
| 1998 | 1,931 million USD | -21.6% |
| 1999 | 2,224 million USD | +15.2% |
| 2000 | 2,962 million USD | +33.2% |
| 2001 | 3,678 million USD | +24.2% |
| 2002 | 4,027 million USD | +9.5% |
| 2003 | 3,868 million USD | -3.9% |
| 2004 | 3,862 million USD | -0.2% |
| 2005 | 4,093 million USD | +6.0% |
| 2006 | 4,973 million USD | +21.5% |
| 2007 | 5,035 million USD | +1.2% |
| 2008 | 5,717 million USD | +13.6% |
| 2009 | 6,131 million USD | +7.2% |
| 2010 | 6,549 million USD | +6.8% |
| 2011 | 6,453 million USD | -1.5% |
| 2012 | 6,581 million USD | +2.0% |
| 2013 | 6,903 million USD | +4.9% |
| 2014 | 6,618 million USD | -4.1% |
| 2015 | 7,018 million USD | +6.0% |
| 2016 | 7,291 million USD | +3.9% |
| 2017 | 7,331 million USD | +0.6% |
| 2018 | 7,937 million USD | +8.3% |
| 2019 | 7,888 million USD | -0.6% |
| 2020 | 6,996 million USD | -11.3% |
| 2021 | 7,491 million USD | +7.1% |
| 2022 | 8,794 million USD | +17.4% |
| 2023 | 8,404 million USD | -4.4% |
Oman compared with similar countries
- Oman's 8,404 million USD is below the median for high income countries, which is 9,626 million USD, 87% of the median. (73 countries reporting)
- Oman's 8,404 million USD is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 8,300 million USD, 1.0× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 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 86th out of 236 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.
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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).