Oman Forecast: Real GDP Growth

1980 - 2026 | Yearly | % | International Monetary Fund

Oman Real GDP Growth is forecasted to be 1.759 % in Dec 2021 as reported by International Monetary Fund. It records an increase from the last reported number of -6.367 % in Dec 2020. Looking ahead, Oman Real GDP Growth is projected to stand at 2.005 % in Dec 2026. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Oman's Forecast: Real GDP Growth from 1980 to 2026 in the chart:

Oman Forecast: Real GDP Growth

What is Oman's Forecast: Real GDP Growth in 2026?

Last Previous Min Max Unit Frequency Range
2.005 2026 1.668 2025 -6.367 2020 17.096 1981 % yearly 1980 - 2026

Forecast: Real GDP Growth by Country Comparison

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Includes Forecast: Real GDP Growth on 194 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (%) 4.001 2026 yearly 2003 - 2026
Albania (%) 3.500 2026 yearly 1980 - 2026
Algeria (%) 1.097 2026 yearly 1980 - 2026
Angola (%) 3.726 2026 yearly 1980 - 2026
Antigua and Barbuda (%) 2.977 2026 yearly 1980 - 2026
Argentina (%) 1.534 2026 yearly 1980 - 2026
Armenia (%) 4.500 2026 yearly 1993 - 2026
Aruba (%) 1.100 2025 yearly 1996 - 2025
Australia (%) 2.461 2026 yearly 1980 - 2026
Austria (%) 1.800 2026 yearly 1980 - 2026
Azerbaijan (%) 1.740 2026 yearly 1993 - 2026
Bahamas (%) 1.497 2026 yearly 1980 - 2026
Bahrain (%) 3.082 2026 yearly 1980 - 2026
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2026 yearly 1980 - 2026
Belarus (%) 1.442 2026 yearly 1993 - 2026
Belgium (%) 1.341 2026 yearly 1980 - 2026
Belize (%) 2.000 2026 yearly 1980 - 2026
Benin (%) 6.382 2026 yearly 1980 - 2026
Bhutan (%) 5.796 2026 yearly 1980 - 2026
Bolivia (%) 3.400 2026 yearly 1980 - 2026
Bosnia and Herzegovina (%) 3.000 2026 yearly 1997 - 2026
Botswana (%) 3.905 2026 yearly 1980 - 2026
Brazil (%) 2.015 2026 yearly 1980 - 2026
Brunei (%) 2.027 2026 yearly 1986 - 2026
Bulgaria (%) 2.800 2026 yearly 1980 - 2026
Burkina Faso (%) 5.603 2026 yearly 1980 - 2026
Burundi (%) 2.981 2026 yearly 1980 - 2026
Cambodia (%) 6.770 2026 yearly 1988 - 2026
Cameroon (%) 5.470 2026 yearly 1980 - 2026
Canada (%) 1.549 2026 yearly 1980 - 2026
Cape Verde (%) 6.176 2026 yearly 1980 - 2026
Central African Republic (%) 4.846 2026 yearly 1980 - 2026
Chad (%) 3.802 2026 yearly 1980 - 2026
Chile (%) 2.549 2026 yearly 1980 - 2026
China (%) 4.863 2026 yearly 1980 - 2026
Colombia (%) 3.645 2026 yearly 1980 - 2026
Comoros (%) 3.800 2026 yearly 1980 - 2026
Congo (%) 1.039 2026 yearly 1980 - 2026
Costa Rica (%) 3.304 2026 yearly 1980 - 2026
Croatia (%) 3.000 2026 yearly 1993 - 2026
Cyprus (%) 2.507 2026 yearly 1980 - 2026
Czech Republic (%) 2.510 2026 yearly 1996 - 2026
Democratic Republic of Congo (%) 4.124 2026 yearly 1980 - 2026
Denmark (%) 1.800 2026 yearly 1980 - 2026
Djibouti (%) 6.000 2026 yearly 1992 - 2026
Dominica (%) 1.511 2026 yearly 1980 - 2026
Dominican Republic (%) 5.000 2026 yearly 1980 - 2026
Ecuador (%) 2.502 2026 yearly 1980 - 2026
Egypt (%) 5.842 2026 yearly 1980 - 2026
El Salvador (%) 2.040 2026 yearly 1980 - 2026
Equatorial Guinea (%) -2.402 2026 yearly 1980 - 2026
Eritrea (%) 3.914 2026 yearly 1993 - 2026
Estonia (%) 3.000 2026 yearly 1994 - 2026
Swaziland (%) 2.276 2026 yearly 1980 - 2026
Ethiopia (%) 8.002 2026 yearly 1980 - 2026
Fiji (%) 3.300 2026 yearly 1980 - 2026
Finland (%) 1.266 2026 yearly 1980 - 2026
France (%) 1.242 2026 yearly 1980 - 2026
Gabon (%) 3.894 2026 yearly 1981 - 2026
Gambia (%) 5.620 2026 yearly 1980 - 2026
Georgia (%) 5.200 2026 yearly 1995 - 2026
Germany (%) 1.090 2026 yearly 1980 - 2026
Ghana (%) 5.416 2026 yearly 1980 - 2026
Greece (%) 1.356 2026 yearly 1980 - 2026
Grenada (%) 2.735 2026 yearly 1980 - 2026
Guatemala (%) 3.500 2026 yearly 1980 - 2026
Guinea (%) 4.953 2026 yearly 1980 - 2026
Guinea-Bissau (%) 5.000 2026 yearly 1981 - 2026
Guyana (%) 3.045 2026 yearly 1980 - 2026
Haiti (%) 1.400 2026 yearly 1980 - 2026
Honduras (%) 3.940 2026 yearly 1980 - 2026
Hong Kong SAR, China (%) 2.934 2026 yearly 1980 - 2026
Hungary (%) 2.600 2026 yearly 1980 - 2026
Iceland (%) 2.335 2026 yearly 1980 - 2026
India (%) 6.535 2026 yearly 1980 - 2026
Indonesia (%) 5.216 2026 yearly 1980 - 2026
Iran (%) 2.107 2026 yearly 1980 - 2026
Iraq (%) 3.304 2026 yearly 1999 - 2026
Ireland (%) 2.623 2026 yearly 1980 - 2026
Israel (%) 3.112 2026 yearly 1980 - 2026
Italy (%) 0.817 2026 yearly 1980 - 2026
Ivory Coast (%) 6.000 2026 yearly 1980 - 2026
Jamaica (%) 2.193 2026 yearly 1980 - 2026
Japan (%) 0.492 2026 yearly 1980 - 2026
Jordan (%) 3.300 2026 yearly 1980 - 2026
Kazakhstan (%) 4.431 2026 yearly 1993 - 2026
Kenya (%) 6.108 2026 yearly 1980 - 2026
Kiribati (%) 1.971 2026 yearly 1980 - 2026
South Korea (%) 2.287 2026 yearly 1980 - 2026
Kosovo (%) 4.000 2026 yearly 2001 - 2026
Kuwait (%) 2.461 2026 yearly 1980 - 2026
Kyrgyzstan (%) 3.964 2026 yearly 1993 - 2026
Laos (%) 5.993 2026 yearly 1980 - 2026
Latvia (%) 3.015 2026 yearly 1993 - 2026
Lebanon (%) -25.000 2020 yearly 1980 - 2020
Lesotho (%) 2.113 2025 yearly 1980 - 2025
Liberia (%) 5.674 2026 yearly 2001 - 2026
Libya (%) 4.188 2026 yearly 1980 - 2026
Lithuania (%) 2.256 2026 yearly 1996 - 2026

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Oman Key Series

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Includes 307 key indicators for Oman, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -10.4 Jun 2020 quarterly Dec 2005 - Jun 2020
Consolidated Fiscal Balance (USD mn) -768.010 Oct 2020 monthly Jun 2003 - Oct 2020
Tax Revenue (USD mn) 3,121.711 2019 yearly 1996 - 2019
Tax Revenue: % of GDP (%) 4.1 2019 yearly 1996 - 2019
National Government Debt (USD mn) 42,581.5 2019 yearly 1990 - 2019
Government Debt: % of GDP (%) 55.2 2019 yearly 1990 - 2019
Forecast: Government Expenditure (OMR bn) 11.882 2026 yearly 1990 - 2026
Forecast: Government Net Debt (OMR bn) 19.727 2026 yearly 1990 - 2026
Forecast: Government Revenue (OMR bn) 11.967 2026 yearly 1990 - 2026
Government Revenue (OMR mn) 423.300 Nov 2020 monthly Jun 2003 - Nov 2020
Government Expenditure: Current (OMR mn) 627.100 Nov 2020 monthly Jun 2003 - Nov 2020
Government Expenditure: Investment (OMR mn) 126.600 Nov 2020 monthly Jun 2003 - Nov 2020
Government Financing (OMR mn) 11.000 Jun 2020 monthly Jan 2006 - Jun 2020
Government Surplus or Deficit: Fiscal (OMR mn) -339.700 Nov 2020 monthly Jun 2003 - Nov 2020
Government Surplus or Deficit: Remaining (OMR mn) -647.100 Jun 2020 monthly Jan 2006 - Jun 2020
Government Revenue: Corporate Income Tax (OMR mn) 2.200 Jun 2020 monthly Jan 2006 - Jun 2020
Government Expenditure (OMR mn) 733.000 Nov 2020 monthly Jun 2003 - Nov 2020
Government Revenue: Non Oil (OMR mn) 2,589.681 2019 yearly 1990 - 2019
Government Debt (OMR mn) 16,372.600 2019 yearly 2001 - 2019
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.986 2026 yearly 1980 - 2026
Trade Balance (USD mn) 941.5 Dec 2020 monthly Jan 1975 - Dec 2020
Total Exports (USD mn) 2,937.3 Dec 2020 monthly Jan 1974 - Dec 2020
Total Exports Growth (%) -12.1 Dec 2020 monthly Jan 1975 - Dec 2020
Aluminum: Exports (USD th) 832,020.613 2019 yearly 1995 - 2019
Exports: Medicament (USD th) 105,158.321 2019 yearly 1995 - 2019
Exports: Medicinal and Pharmaceutical Product (USD th) 6,126.895 2019 yearly 1995 - 2019
Total Imports (USD mn) 1,995.8 Dec 2020 monthly Jan 1975 - Dec 2020
Total Imports Growth (%) -6.4 Dec 2020 monthly Jan 1976 - Dec 2020
Imports: Medicament (USD th) 243,724.070 2019 yearly 1995 - 2019
Imports: Medicinal and Pharmaceutical Product (USD th) 80,574.644 2019 yearly 1995 - 2019
Total Exports to USA (USD mn) 35.497 Oct 2020 monthly Oct 1986 - Oct 2020
Total Imports from USA (USD mn) 32.736 Dec 2020 monthly Jan 1981 - Dec 2020
Total Exports to China (USD mn) 47.074 Jun 2017 monthly Nov 2009 - Jun 2017
Total Imports from China (USD mn) 168.270 Sep 2020 monthly Jun 1984 - Sep 2020
Exports (OMR mn) 990.800 Sep 2020 monthly Jan 1974 - Sep 2020
Exports: Non Oil: Chemical Products (OMR mn) 58.600 Sep 2020 monthly Jan 2006 - Sep 2020
Exports: Oil and Gas (OMR mn) 496.800 Sep 2020 monthly Jan 2006 - Sep 2020
Exports: Oil and Gas: Crude Oil (OMR mn) 370.400 Sep 2020 monthly Jan 1995 - Sep 2020
Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) 57.100 Sep 2020 monthly Jan 2006 - Sep 2020
Exports: Non Oil: Mineral Products (OMR mn) 39.400 Sep 2020 monthly Jan 2006 - Sep 2020
Exports: Non Oil (OMR mn) 289.500 Sep 2020 monthly Jan 2006 - Sep 2020
Exports: Non Oil: United Arab Emirates (OMR mn) 42.600 Sep 2020 monthly Jan 2006 - Sep 2020
Re-Exports (OMR mn) 204.500 Sep 2020 monthly Jan 2006 - Sep 2020
Exports: Non Oil: India (OMR mn) 39.100 Sep 2020 monthly Jan 2006 - Sep 2020
Exports: Non Oil: Saudi Arabia (OMR mn) 45.700 Sep 2020 monthly Jan 2006 - Sep 2020
Exports: Non Oil: China (OMR mn) 21.100 Dec 2019 monthly Oct 2006 - Dec 2019
Imports: Mineral Products (OMR mn) 63.300 Sep 2020 monthly Jan 2006 - Sep 2020
Imports: Chemical Products (OMR mn) 66.900 Sep 2020 monthly Jan 2006 - Sep 2020
Imports: Electrical Machinery, Mechanical Equipment and Parts (OMR mn) 162.900 Sep 2020 monthly Jan 2006 - Sep 2020
Imports: Transport Equipment (OMR mn) 41.500 Sep 2020 monthly Jan 2006 - Sep 2020
Imports: United Arab Emirates (OMR mn) 286.400 Sep 2020 monthly Jan 2006 - Sep 2020
Imports: Japan (OMR mn) 35.200 Dec 2017 monthly Jan 2006 - Dec 2017
Imports: United States (OMR mn) 18.700 Mar 2020 monthly Jan 2006 - Mar 2020
Imports: India (OMR mn) 40.200 Sep 2020 monthly Feb 2006 - Sep 2020
Imports: Saudi Arabia (OMR mn) 33.700 Sep 2020 monthly Jan 2011 - Sep 2020
Imports (OMR mn) 678.100 Sep 2020 monthly Jan 1975 - Sep 2020
Exports: Crude Oil (Barrel th) 19,870.100 Feb 2021 monthly Feb 2006 - Feb 2021
Exports: Crude Oil: Japan (Barrel th) 0.000 Feb 2021 monthly Feb 2006 - Feb 2021
Exports: Crude Oil: China (Barrel th) 18,495.300 Feb 2021 monthly Feb 2006 - Feb 2021
Exports: Crude Oil: India (Barrel th) 1,050.000 Feb 2021 monthly Nov 2010 - Feb 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 626.8 2019 yearly 2001 - 2019
Current Account Balance (USD mn) -4,140.4 2019 yearly 1974 - 2019
Current Account Balance: % of GDP (%) -5.4 2019 yearly 1980 - 2019
Foreign Direct Investment (USD mn) 3,420.0 2019 yearly 1970 - 2019
Foreign Direct Investment: % of GDP (%) 4.4 2019 yearly 1970 - 2019
Foreign Portfolio Investment (USD mn) 3,058.518 2019 yearly 1996 - 2019
Foreign Portfolio Investment: % of GDP (%) 4.0 2019 yearly 1996 - 2019
Foreign Portfolio Investment: Equity Securities (USD mn) 59.8 2019 yearly 1974 - 2019
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 2019 yearly 1974 - 2019
Forecast: Current Account Balance (USD bn) -1.564 2026 yearly 1980 - 2026
BoP: Current Account: Transfers (OMR mn) -3,774.000 2017 yearly 1996 - 2017
BoP: Current Account: GI: GS: Goods: Imports (OMR mn) -7,866.000 2019 yearly 1996 - 2019
BoP: CF: Capital Account: Grants: Debit (OMR mn) -11.000 2019 yearly 1996 - 2019
BoP: Current Account: GI: GS: Services (OMR mn) -2,727.000 2019 yearly 1996 - 2019
BoP: Current Account: GI: GS: Services: Debit (OMR mn) -4,650.000 2019 yearly 1996 - 2019
BoP: CF: Capital Account: Grants: Credit (OMR mn) 55.000 2019 yearly 1996 - 2019
BoP: CF: Capital Account (OMR mn) 44.000 2019 yearly 1996 - 2019
BoP: Current Account: GI: GS: Services: Credit (OMR mn) 1,923.000 2019 yearly 1996 - 2019
BoP: Current Account: GI: Income: Debit (OMR mn) -2,819.000 2019 yearly 1996 - 2019
Balance of Payments (BoP) (OMR mn) -540.000 2019 yearly 1996 - 2019
BoP: Current Account (OMR mn) -1,592.000 2019 yearly 1996 - 2019
BoP: Current Account: GI: Income: Credit (OMR mn) 457.000 2019 yearly 1996 - 2019
BoP: Capital and Financial Account (CF) (OMR mn) 1,346.000 2019 yearly 1996 - 2019
BoP: Current Account: GI: Income (OMR mn) -2,362.000 2019 yearly 1996 - 2019
BoP: CF: Financial Account: Portfolio Investment: Liabilities (OMR mn) 1,176.000 2019 yearly 1996 - 2019
BoP: CF: Financial Account: Foreign Direct Investment: Assets (OMR mn) -241.000 2019 yearly 2001 - 2019
BoP: CF: Financial Account: Foreign Direct Investment (OMR mn) 1,074.000 2019 yearly 1996 - 2019
BoP: CF: Financial Account (OMR mn) 1,302.000 2019 yearly 1996 - 2019
BoP: CF: Financial Account: Foreign Direct Investment: Liabilities (OMR mn) 1,315.000 2019 yearly 1996 - 2019
BoP: CF: Financial Account: Portfolio Investment (OMR mn) 454.000 2019 yearly 1996 - 2019
BoP: CF: Financial Account: Portfolio Investment: Assets (OMR mn) -723.000 2019 yearly 2001 - 2019
BoP: CF: Financial Account: Other Investment (OMR mn) -225.000 2019 yearly 1996 - 2019
BoP: CF: Financial Account: Other Investment: Assets (OMR mn) -1,510.000 2019 yearly 1996 - 2019
BoP: Current Account: GI: GS: Goods (OMR mn) 7,009.000 2019 yearly 1996 - 2019
BoP: CF: Financial Account: Other Investment: Liabilities (OMR mn) 1,285.000 2019 yearly 1996 - 2019
BoP: Current Account: GI: GS: Goods: Exports (OMR mn) 14,875.000 2019 yearly 1996 - 2019
BoP: Net Errors and Omissions (OMR mn) -294.000 2019 yearly 1996 - 2019
BoP: Reserve Assets (OMR mn) 540.000 2019 yearly 1996 - 2019
Foreign Direct Investment (OMR mn) 12,694.200 2018 yearly 2005 - 2018
Foreign Direct Investment: Oil and Gas (OMR mn) 8,540.100 2018 yearly 2005 - 2018
Foreign Direct Investment: Manufacturing (OMR mn) 1,149.400 2018 yearly 2005 - 2018
Foreign Direct Investment: Financial Intermediation (OMR mn) 1,451.900 2018 yearly 2005 - 2018
Foreign Direct Investment: Real Estate, Renting and Business Activities (OMR mn) 621.300 2018 yearly 2005 - 2018
Foreign Direct Investment: Construction (OMR mn) 125.700 2018 yearly 2005 - 2018
Foreign Direct Investment: United Kingdom (OMR mn) 6,624.600 2018 yearly 2005 - 2018
Foreign Direct Investment: United Arab Emirates (OMR mn) 1,033.900 2018 yearly 2005 - 2018
Foreign Direct Investment: United States of America (OMR mn) 1,553.300 2018 yearly 2005 - 2018
Foreign Direct Investment: India (OMR mn) 251.400 2018 yearly 2005 - 2018
Foreign Direct Investment: Kuwait (OMR mn) 387.100 2018 yearly 2005 - 2018
No of Registered Enterprises (Unit) 312,720.000 2019 yearly 1999 - 2019
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.0 Sep 2020 quarterly Jun 2008 - Sep 2020
Non-Performing Loans (USD mn) 434.330 Dec 2020 quarterly Mar 2008 - Dec 2020
Money Supply M1 (USD mn) 14,875.683 Feb 2021 monthly Jan 1999 - Feb 2021
Money Supply M2 (USD mn) 51,687.906 Feb 2021 monthly Jan 1999 - Feb 2021
M2 Growth (%) 10.4 Feb 2021 monthly Jan 2000 - Feb 2021
Reserve Requirement Ratio (%) 5.0 Jan 2021 monthly Jun 2006 - Jan 2021
Foreign Exchange Reserves (USD mn) 17,477.2 Feb 2021 monthly Apr 1970 - Feb 2021
Foreign Exchange Reserves: % of GDP (%) 22.701 Dec 2020 quarterly Dec 2005 - Dec 2020
Foreign Exchange Reserves: Months of Import (NA) 7.4 Dec 2020 monthly Jan 1975 - Dec 2020
Gold Reserves (USD mn) 1.821 Feb 2021 monthly Dec 1969 - Feb 2021
Total Deposits Growth (%) 2.8 Jan 2021 monthly Jan 2001 - Jan 2021
Total Deposits (USD mn) 54,331.867 Feb 2021 monthly Jan 2000 - Feb 2021
Domestic Credit (USD mn) 61,803.4 Feb 2021 monthly Dec 1999 - Feb 2021
Domestic Credit Growth (%) 11.1 Feb 2021 monthly Dec 2000 - Feb 2021
Total Loans (USD mn) 58,108.973 Dec 2020 monthly Dec 1998 - Dec 2020
Total Loans Growth (%) 1.40 Oct 2020 monthly Dec 1999 - Oct 2020
Private Debt: % of Nominal GDP (%) 73.73 Sep 2020 quarterly Dec 2005 - Sep 2020
Money Supply (OMR mn) 19,533.700 Jan 2021 monthly Jan 1999 - Jan 2021
Money Supply: M1 (OMR mn) 5,723.500 Aug 2020 monthly Jan 1999 - Aug 2020
Domestic Assets (OMR mn) 14,689.700 Jan 2021 monthly Dec 1999 - Jan 2021
Money Supply: Quasi Money (OMR mn) 14,001.600 Jan 2021 monthly Jan 1999 - Jan 2021
Deposits: Private Sector (OMR mn) 14,486.500 Jan 2021 monthly Jan 1999 - Jan 2021
Non Performing Loans (OMR mn) 167.000 Dec 2020 quarterly Mar 2008 - Dec 2020

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