Oman Private Consumption: % of GDP

Key information about Oman Private Consumption: % of GDP

• Oman Private Consumption accounted for 37.8 % of its Nominal GDP in Dec 2023, compared with a ratio of 34.3 % in the previous year.
• Oman Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1980 to Dec 2023, with an average share of 38.4 %.
• The data reached an all-time high of 50.3 % in Dec 1991 and a record low of 27.1 % 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 1998 is based on SNA 1993.


Related information about Oman Private Consumption: % of GDP

• In the latest reports, Oman GDP expanded 4.3 % YoY in Dec 2022.
• Its Nominal GDP reached 27.1 USD bn in Mar 2023.
• Oman GDP Per Capita reached 23,240.9 USD in Dec 2022.
• Its Gross Savings Rate was measured at 30.7 % in Dec 2023.

View Oman's Private Consumption: % of GDP from 1980 to 2023 in the chart:

What was Oman's Private Consumption: % of GDP in 2023?

Oman Private Consumption accounted for 37.8 % of its Nominal GDP in Dec 2023, compared with a ratio of 34.3 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
37.8 2023	34.3 2022	27.1 2008	50.3 1991	%	yearly	1980 - 2023

Private Consumption: % of GDP by Country Comparison

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