Oman Private Consumption: % of GDP

1980 - 2020 | Yearly | % | CEIC Data

Key information about Oman Private Consumption: % of GDP

  • Oman Private Consumption accounted for 44.1 % of its Nominal GDP in Dec 2020, compared with a ratio of 37.5 % in the previous year.
  • Oman Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1980 to Dec 2020, with an average share of 40.6 %.
  • The data reached an all-time high of 50.3 % in Dec 1991 and a record low of 28.1 % in Dec 2008.

CEIC calculates annual Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. Private Consumption Expenditure is calculated as the sum of Household and NPISHs Consumption. National Centre for Statistics and Information provides Private Consumption Expenditure in local currency and Nominal GDP in local currency, both based on SNA 2008. Private Consumption as % of Nominal GDP prior to 2018 is based on SNA 1993.


Related information about Oman Private Consumption: % of GDP

  • In the latest reports, Oman GDP contracted 3.2 % YoY in Dec 2020.
  • Its Nominal GDP reached 24.6 USD bn in Mar 2022.
  • Oman GDP Per Capita reached 19,169.8 USD in Dec 2021.
  • Its Gross Savings Rate was measured at 9.8 % in Dec 2020.

View Oman's Private Consumption: % of GDP from 1980 to 2020 in the chart:

Oman Private Consumption: % of GDP

What was Oman's Private Consumption: % of GDP in 2020?

Oman Private Consumption accounted for 44.1 % of its Nominal GDP in Dec 2020, compared with a ratio of 37.5 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
44.1 2020 37.5 2019 28.1 2008 50.3 1991 % yearly 1980 - 2020

Private Consumption: % of GDP by Country Comparison

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Includes Private Consumption: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 78.7 Mar 2022 quarterly Mar 2008 - Mar 2022
Algeria (%) 48.0 2020 yearly 1950 - 2020
Argentina (%) 67.4 Mar 2022 quarterly Mar 1993 - Mar 2022
Armenia (%) 82.8 Mar 2022 quarterly Dec 1994 - Mar 2022
Australia (%) 50.3 Mar 2022 quarterly Sep 1959 - Mar 2022
Austria (%) 49.8 Mar 2022 quarterly Mar 1988 - Mar 2022
Azerbaijan (%) 44.3 Dec 2021 quarterly Mar 2001 - Dec 2021
Bahrain (%) 42.0 2020 yearly 1975 - 2020
Bangladesh (%) 72.8 2022 yearly 1973 - 2022
Belarus (%) 50.2 Dec 2021 quarterly Mar 1994 - Dec 2021
Belgium (%) 47.7 Mar 2022 quarterly Mar 1980 - Mar 2022
Bolivia (%) 77.1 Dec 2021 quarterly Mar 1990 - Dec 2021
Bosnia and Herzegovina (%) 70.3 Mar 2022 quarterly Mar 2008 - Mar 2022
Botswana (%) 45.8 Mar 2022 quarterly Mar 2006 - Mar 2022
Brazil (%) 62.6 Mar 2022 quarterly Mar 1996 - Mar 2022
Brunei (%) 23.3 Dec 2021 quarterly Mar 2004 - Dec 2021
Bulgaria (%) 62.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Cambodia (%) 69.4 2019 yearly 1993 - 2019
Canada (%) 53.1 Mar 2022 quarterly Mar 1961 - Mar 2022
Chile (%) 61.7 Mar 2022 quarterly Mar 1996 - Mar 2022
China (%) 38.5 2021 yearly 1952 - 2021
Colombia (%) 65.3 Mar 2022 quarterly Mar 2005 - Mar 2022
Croatia (%) 61.5 Mar 2022 quarterly Mar 1995 - Mar 2022
Cyprus (%) 63.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Czech Republic (%) 47.8 Mar 2022 quarterly Mar 1995 - Mar 2022
Denmark (%) 44.0 Mar 2022 quarterly Mar 1990 - Mar 2022
Ecuador (%) 60.7 Mar 2022 quarterly Mar 1991 - Mar 2022
Egypt (%) 84.9 Jun 2021 quarterly Sep 2001 - Jun 2021
Estonia (%) 49.3 Mar 2022 quarterly Mar 1993 - Mar 2022
European Union (%) 52.1 Mar 2022 quarterly Mar 1995 - Mar 2022
Finland (%) 49.7 Mar 2022 quarterly Mar 1975 - Mar 2022
France (%) 53.0 Jun 2022 quarterly Mar 1980 - Jun 2022
Georgia (%) 81.5 Dec 2021 quarterly Mar 1996 - Dec 2021
Germany (%) 49.0 Mar 2022 quarterly Mar 1991 - Mar 2022
Ghana (%) 69.6 2021 yearly 2006 - 2021
Greece (%) 73.4 Mar 2022 quarterly Mar 1995 - Mar 2022
Hong Kong SAR, China (%) 62.8 Mar 2022 quarterly Mar 1973 - Mar 2022
Hungary (%) 54.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Iceland (%) 51.0 Mar 2022 quarterly Mar 1995 - Mar 2022
India (%) 59.2 Mar 2022 quarterly Jun 1996 - Mar 2022
Indonesia (%) 54.8 Mar 2022 quarterly Mar 1993 - Mar 2022
Iran (%) 47.3 Dec 2021 quarterly Jun 1988 - Dec 2021
Ireland (%) 23.8 Mar 2022 quarterly Mar 1995 - Mar 2022
Israel (%) 50.6 Mar 2022 quarterly Mar 1995 - Mar 2022
Italy (%) 60.5 Mar 2022 quarterly Mar 1980 - Mar 2022
Ivory Coast (%) 55.6 2016 yearly 1960 - 2016
Japan (%) 54.6 Mar 2022 quarterly Mar 1980 - Mar 2022
Jordan (%) 79.4 2020 yearly 1962 - 2020
Kazakhstan (%) 57.2 Dec 2021 quarterly Mar 1994 - Dec 2021
Kenya (%) 74.4 2020 yearly 1969 - 2020
South Korea (%) 48.5 Mar 2022 quarterly Mar 1960 - Mar 2022
Kosovo (%) 94.6 Mar 2022 quarterly Mar 2010 - Mar 2022
Kuwait (%) 41.4 2019 yearly 1962 - 2019
Kyrgyzstan (%) 75.4 Dec 2021 quarterly Mar 2000 - Dec 2021
Laos (%) 64.4 2016 yearly 2000 - 2016
Latvia (%) 60.6 Mar 2022 quarterly Mar 1995 - Mar 2022
Lebanon (%) 106.0 2020 yearly 1990 - 2020
Lithuania (%) 59.4 Mar 2022 quarterly Mar 1993 - Mar 2022
Luxembourg (%) 29.4 Mar 2022 quarterly Mar 1995 - Mar 2022
Macau SAR, China (%) 48.3 Mar 2022 quarterly Mar 1998 - Mar 2022
North Macedonia (%) 66.1 Mar 2022 quarterly Mar 2000 - Mar 2022
Malawi (%) 79.2 2019 yearly 1960 - 2019
Malaysia (%) 58.4 Mar 2022 quarterly Mar 1991 - Mar 2022
Malta (%) 42.1 Mar 2022 quarterly Mar 1992 - Mar 2022
Mauritius (%) 68.1 Mar 2022 quarterly Mar 1999 - Mar 2022
Mexico (%) 67.1 Mar 2022 quarterly Mar 1993 - Mar 2022
Moldova (%) 82.8 Mar 2022 quarterly Mar 1995 - Mar 2022
Mongolia (%) 67.5 Mar 2022 quarterly Mar 2010 - Mar 2022
Montenegro (%) 86.0 Mar 2022 quarterly Mar 2010 - Mar 2022
Morocco (%) 62.5 Mar 2022 quarterly Mar 2007 - Mar 2022
Mozambique (%) 68.6 2021 yearly 1969 - 2021
Nepal (%) 82.5 2022 yearly 1975 - 2022
Netherlands (%) 43.3 Mar 2022 quarterly Mar 1977 - Mar 2022
New Zealand (%) 56.9 Mar 2022 quarterly Jun 1987 - Mar 2022
Nigeria (%) 62.2 2021 yearly 1981 - 2021
Norway (%) 32.7 Mar 2022 quarterly Mar 1978 - Mar 2022
Oman (%) 44.1 2020 yearly 1980 - 2020
Pakistan (%) 86.1 2022 yearly 1967 - 2022
Palestinian Territory (%) 98.6 Mar 2022 quarterly Mar 2011 - Mar 2022
Panama (%) 53.9 2020 yearly 1996 - 2020
Paraguay (%) 61.8 Mar 2022 quarterly Mar 1994 - Mar 2022
Peru (%) 66.9 Mar 2022 quarterly Mar 1980 - Mar 2022
Philippines (%) 78.2 Mar 2022 quarterly Mar 1981 - Mar 2022
Poland (%) 60.9 Mar 2022 quarterly Mar 1995 - Mar 2022
Portugal (%) 66.4 Mar 2022 quarterly Mar 1995 - Mar 2022
Qatar (%) 19.1 Dec 2021 quarterly Mar 2013 - Dec 2021
Romania (%) 62.9 Mar 2022 quarterly Mar 1995 - Mar 2022
Russia (%) 49.9 Mar 2022 quarterly Mar 1993 - Mar 2022
Saudi Arabia (%) 36.3 Mar 2022 quarterly Mar 2003 - Mar 2022
Serbia (%) 65.4 Mar 2022 quarterly Mar 1996 - Mar 2022
Singapore (%) 31.0 2021 yearly 1960 - 2021
Slovakia (%) 64.2 Mar 2022 quarterly Mar 1993 - Mar 2022
Slovenia (%) 54.6 Mar 2022 quarterly Mar 1995 - Mar 2022
South Africa (%) 62.3 Mar 2022 quarterly Mar 1960 - Mar 2022
Spain (%) 55.9 Jun 2022 quarterly Mar 1980 - Jun 2022
Sri Lanka (%) 65.2 Dec 2021 quarterly Mar 2010 - Dec 2021
Sudan (%) 77.8 2016 yearly 1976 - 2016
Sweden (%) 44.0 Mar 2022 quarterly Mar 1980 - Mar 2022
Switzerland (%) 51.0 Mar 2022 quarterly Mar 1980 - Mar 2022
Syria (%) 100.4 2020 yearly 1970 - 2020

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Oman Key Series

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Includes 183 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 (%) -0.3 Mar 2022 quarterly Dec 2005 - Mar 2022
Consolidated Fiscal Balance (USD mn) 428.088 May 2022 monthly Jun 2003 - May 2022
Tax Revenue (USD mn) 2,686.514 2020 yearly 1996 - 2020
Tax Revenue: % of GDP (%) 3.6 2020 yearly 1996 - 2020
National Government Debt (USD mn) 48,780.2 2020 yearly 1990 - 2020
Government Debt: % of GDP (%) 65.9 2020 yearly 1990 - 2020
Forecast: Government Expenditure (OMR bn) 12.242 2027 yearly 1990 - 2027
Forecast: Government Net Debt (OMR bn) 8.521 2027 yearly 1990 - 2027
Forecast: Government Revenue (OMR bn) 13.797 2027 yearly 1990 - 2027
Government Expenditure: Current (OMR mn) 741.400 May 2022 monthly Jun 2003 - May 2022
Government Expenditure (OMR mn) 945.100 May 2022 monthly Jun 2003 - May 2022
Government Revenue: Corporate Income Tax (OMR mn) 79.600 May 2022 monthly Jan 2006 - May 2022
Government Expenditure: Investment (OMR mn) 92.000 May 2022 monthly Jun 2003 - May 2022
Government Revenue (OMR mn) 1,109.600 May 2022 monthly Jun 2003 - May 2022
Government Financing (OMR mn) 724.500 Nov 2020 monthly Jan 2006 - Nov 2020
Government Surplus or Deficit: Remaining (OMR mn) 384.800 Nov 2020 monthly Jan 2006 - Nov 2020
Government Surplus or Deficit: Fiscal (OMR mn) 164.600 May 2022 monthly Jun 2003 - May 2022
Government Debt (OMR mn) 18,756.000 2020 yearly 2001 - 2020
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 0.976 2027 yearly 1980 - 2027
Trade Balance (USD mn) 1,895.7 Mar 2022 monthly Jan 1975 - Mar 2022
Total Exports (USD mn) 5,311.3 Mar 2022 monthly Mar 2003 - Mar 2022
Total Exports Growth (%) 51.4 Mar 2022 monthly Mar 2004 - Mar 2022
Aluminum: Exports (USD th) 1,164,133.230 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 106,100.098 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 6,761.388 2021 yearly 1995 - 2021
Total Imports (USD mn) 3,415.6 Mar 2022 monthly Jan 1975 - Mar 2022
Total Imports Growth (%) 17.5 Mar 2022 monthly Jan 1976 - Mar 2022
Imports: Medicament (USD th) 208,951.071 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 74,408.950 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 197.876 Apr 2022 monthly Oct 1986 - Apr 2022
Total Imports from USA (USD mn) 72.997 Apr 2022 monthly Jan 1981 - Apr 2022
Total Exports to China (USD mn) 47.074 Jun 2017 monthly Nov 2009 - Jun 2017
Total Imports from China (USD mn) 220.546 Mar 2022 monthly Jun 1984 - Mar 2022
Exports: Crude Oil: India (Barrel th) 3,580.200 Jun 2022 monthly Nov 2010 - Jun 2022
Exports: Crude Oil: Japan (Barrel th) 1,001.900 Jun 2022 monthly Feb 2006 - Jun 2022
Exports: Crude Oil (Barrel th) 26,582.100 Jun 2022 monthly Feb 2006 - Jun 2022
Exports: Crude Oil: China (Barrel th) 17,126.700 Jun 2022 monthly Feb 2006 - Jun 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 535.8 2020 yearly 2001 - 2020
Current Account Balance (USD mn) -8,660.6 2020 yearly 1974 - 2020
Current Account Balance: % of GDP (%) -11.7 2020 yearly 1980 - 2020
Foreign Direct Investment (USD mn) 2,860.9 2020 yearly 1970 - 2020
Foreign Direct Investment: % of GDP (%) 3.9 2020 yearly 1970 - 2020
Foreign Portfolio Investment (USD mn) 3,274.382 2020 yearly 1996 - 2020
Foreign Portfolio Investment: % of GDP (%) 4.4 2020 yearly 1996 - 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 938.6 2020 yearly 1974 - 2020
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 2020 yearly 1974 - 2020
Forecast: Current Account Balance (USD bn) 1.706 2027 yearly 1980 - 2027
BoP: Current Account: Transfers (OMR mn) -3,774.000 2017 yearly 1996 - 2017
BoP: CF: Financial Account: Other Investment: Assets (OMR mn) 520.000 2020 yearly 1996 - 2020
Balance of Payments (BoP) (OMR mn) -878.000 2020 yearly 1996 - 2020
BoP: Net Errors and Omissions (OMR mn) -238.000 2020 yearly 1996 - 2020
BoP: Current Account: GI: Income: Debit (OMR mn) -2,353.000 2020 yearly 1996 - 2020
BoP: CF: Capital Account (OMR mn) 91.000 2020 yearly 1996 - 2020
BoP: CF: Financial Account (OMR mn) 2,600.000 2020 yearly 1996 - 2020
BoP: CF: Capital Account: Grants: Credit (OMR mn) 80.000 2020 yearly 1996 - 2020
BoP: Current Account: GI: GS: Goods: Imports (OMR mn) -7,264.000 2020 yearly 1996 - 2020
BoP: CF: Financial Account: Foreign Direct Investment: Assets (OMR mn) -206.000 2020 yearly 2001 - 2020
Foreign Direct Investment: Financial Intermediation (OMR mn) 1,666.300 2020 yearly 2005 - 2020
Foreign Direct Investment: Real Estate, Renting and Business Activities (OMR mn) 615.300 2020 yearly 2005 - 2020
Foreign Direct Investment: Oil and Gas (OMR mn) 10,552.700 2020 yearly 2005 - 2020
Foreign Direct Investment: Manufacturing (OMR mn) 1,694.600 2020 yearly 2005 - 2020
Foreign Direct Investment: Construction (OMR mn) 119.700 2020 yearly 2005 - 2020
Foreign Direct Investment: India (OMR mn) 252.100 2020 yearly 2005 - 2020
Foreign Direct Investment: United Arab Emirates (OMR mn) 998.300 2020 yearly 2005 - 2020
Foreign Direct Investment: United Kingdom (OMR mn) 7,112.000 2020 yearly 2005 - 2020
Foreign Direct Investment: Kuwait (OMR mn) 812.700 2020 yearly 2005 - 2020
Foreign Direct Investment: United States of America (OMR mn) 2,045.000 2020 yearly 2005 - 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.3 Mar 2022 quarterly Jun 2008 - Mar 2022
Non-Performing Loans (USD mn) 447.594 Mar 2022 quarterly Mar 2008 - Mar 2022
Money Supply M1 (USD mn) 15,623.407 Mar 2022 monthly Jan 1999 - Mar 2022
Money Supply M2 (USD mn) 53,001.560 May 2022 monthly Jan 1999 - May 2022
M2 Growth (%) 0.5 May 2022 monthly Jan 2000 - May 2022
Reserve Requirement Ratio (%) 5.0 Jul 2022 monthly Jun 2006 - Jul 2022
Foreign Exchange Reserves (USD mn) 16,304.8 May 2022 monthly Apr 1970 - May 2022
Foreign Exchange Reserves: % of GDP (%) 19.495 Mar 2022 quarterly Dec 2005 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 5.2 Mar 2022 monthly Jan 1975 - Mar 2022
Gold Reserves (USD mn) 1.560 May 2022 monthly Dec 1969 - May 2022
Total Deposits (USD mn) 55,415.191 May 2022 monthly Jan 2000 - May 2022
Total Deposits Growth (%) 1.5 May 2022 monthly Jan 2001 - May 2022
Domestic Credit (USD mn) 65,387.8 May 2022 monthly Dec 1999 - May 2022
Domestic Credit Growth (%) 3.2 May 2022 monthly Dec 2000 - May 2022
Total Loans (USD mn) 60,573.732 May 2022 monthly Dec 1998 - May 2022
Total Loans Growth (%) 3.28 May 2022 monthly Dec 1999 - May 2022
Private Debt: % of Nominal GDP (%) 54.92 Mar 2022 quarterly Dec 2005 - Mar 2022

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