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Oman Economy Statistics

Sultanate of Oman ยท Asia ยท Western Asia ยท Capital: Muscat

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Key Indicators

GDP (Current USD)

$107.14B

2024 โ†‘ 21.7% 5yr

GDP Per Capita (USD)

$20,285.227

2024 โ†‘ 5.8% 5yr

GDP Growth Rate (%)

1.6%

2024 โ†‘ 244.6% 5yr

Inflation Rate (%)

0.6%

2024 โ†‘ 20.9% 5yr

Unemployment Rate (%)

3.3%

2025 โ†‘ 10.6% 5yr

Foreign Direct Investment (USD)

$12.47B

2024 โ†‘ 523.8% 5yr

Exports (% of GDP)

66.1%

2024 โ†‘ 33.5% 5yr

Historical Trends

GDP (Current USD)

GDP Per Capita (USD)

GDP Growth Rate (%)

Inflation Rate (%)

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Complete Data

GDP (Current USD)

Year Value Change
2024 $107.14B +0.9%
2023 $106.17B -3.3%
2022 $109.85B +25.8%
2021 $87.32B +15.0%
2020 $75.91B -13.8%
2019 $88.06B -3.8%
2018 $91.51B +13.2%
2017 $80.86B +7.6%
2016 $75.13B -4.6%
2015 $78.71B -15.1%
2014 $92.70B +3.1%
2013 $89.94B +2.9%
2012 $87.41B +12.8%
2011 $77.50B +19.2%
2010 $64.99B +17.2%
2009 $55.45B -20.6%
2008 $69.80B +44.5%
2007 $48.30B +13.4%
2006 $42.58B +19.9%
2005 $35.51B โ€”

GDP Per Capita (USD)

Year Value Change
2024 $20,285.227 -3.5%
2023 $21,027.739 -9.5%
2022 $23,223.583 +19.7%
2021 $19,403.46 +15.6%
2020 $16,784.863 -12.5%
2019 $19,180.186 -3.6%
2018 $19,901.762 +11.7%
2017 $17,820.066 +4.1%
2016 $17,110.19 -9.0%
2015 $18,808.308 -18.8%
2014 $23,160.65 -1.3%
2013 $23,458.023 -4.8%
2012 $24,642.298 -2.2%
2011 $25,188.007 +6.9%
2010 $23,570.18 +14.1%
2009 $20,655.918 -22.3%
2008 $26,576.779 +41.4%
2007 $18,792.654 +11.0%
2006 $16,930.857 +17.3%
2005 $14,434.858 โ€”

GDP Growth Rate (%)

Year Value Change
2024 1.63% +15.4%
2023 1.41% -82.3%
2022 7.99% +209.3%
2021 2.58% +176.4%
2020 -3.38% -199.5%
2019 -1.13% -187.7%
2018 1.29% +323.2%
2017 0.30% -94.0%
2016 5.05% +0.6%
2015 5.02% +288.2%
2014 1.29% -75.3%
2013 5.23% -41.0%
2012 8.86% +206.2%
2011 2.89% +17.1%
2010 2.47% -58.7%
2009 5.98% -33.2%
2008 8.95% +79.7%
2007 4.98% +6.7%
2006 4.67% +68.0%
2005 2.78% โ€”

Inflation Rate (%)

Year Value Change
2024 0.59% -37.6%
2023 0.95% -62.1%
2022 2.51% +49.0%
2021 1.68% +513.9%
2020 -0.41% -182.8%
2019 0.49% -44.8%
2018 0.89% -44.0%
2017 1.59% +43.3%
2016 1.11% +1598.6%
2015 0.07% -93.6%
2014 1.01% -3.7%
2013 1.05% -64.3%
2012 2.95% -27.1%
2011 4.04% +24.1%
2010 3.26% -6.1%
2009 3.47% -72.0%
2008 12.38% +112.3%
2007 5.83% +64.5%
2006 3.54% +85.6%
2005 1.91% โ€”

Unemployment Rate (%)

Year Value Change
2025 3.25% +1.5%
2024 3.20% +0.9%
2023 3.18% -3.8%
2022 3.30% +73.7%
2021 1.90% -35.4%
2020 2.94% +43.8%
2019 2.04% +13.6%
2018 1.80% -28.7%
2017 2.52% -22.7%
2016 3.27% -4.0%
2015 3.40% -1.4%
2014 3.45% -2.8%
2013 3.55% -5.3%
2012 3.75% -5.0%
2011 3.95% +1.0%
2010 3.91% -1.7%
2009 3.98% -4.0%
2008 4.14% -3.9%
2007 4.31% -1.8%
2006 4.39% โ€”

Foreign Direct Investment (USD)

Year Value Change
2024 $12.47B -0.6%
2023 $12.55B +82.6%
2022 $6.87B -21.4%
2021 $8.75B +358.0%
2020 $1.91B -4.4%
2019 $2.00B -64.3%
2018 $5.60B +94.6%
2017 $2.88B +27.0%
2016 $2.27B +204.3%
2015 $-2,172,431,729.519 -268.9%
2014 $1.29B -20.2%
2013 $1.61B +18.2%
2012 $1.36B -16.2%
2011 $1.63B +31.1%
2010 $1.24B -17.7%
2009 $1.51B -48.9%
2008 $2.95B -11.4%
2007 $3.33B +108.8%
2006 $1.60B +3.8%
2005 $1.54B โ€”

Exports (% of GDP)

Year Value Change
2024 66.07% +7.3%
2023 61.58% -2.6%
2022 63.25% +18.6%
2021 53.33% +13.3%
2020 47.05% -4.9%
2019 49.49% -2.2%
2018 50.62% +10.7%
2017 45.72% +10.6%
2016 41.32% -16.8%
2015 49.65% -19.2%
2014 61.44% -7.0%
2013 66.03% +5.3%
2012 62.72% -1.9%
2011 63.92% +8.2%
2010 59.10% +11.9%
2009 52.79% -6.9%
2008 56.67% +3.8%
2007 54.62% +1.5%
2006 53.78% -2.7%
2005 55.29% โ€”
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About Oman Economy Data

This page presents comprehensive economy statistics for Oman (Sultanate of Oman), located in Asia, Western Asia. All data is sourced from the World Bank's Open Data platform, which aggregates data from officially-recognized international sources.

The data covers 7 key indicators with historical trends going back to 2000. Each indicator includes the latest available value, year-over-year trends, and time series for in-depth analysis. Data is updated weekly from the World Bank API.

For global comparisons, visit our Economy Rankings page to see how Oman compares to other countries.