Oman Real GDP Growth

1999 - 2019 | Yearly | % | CEIC Data

The Gross Domestic Product (GDP) in Oman contracted 0.8 % YoY in Dec 2019, following a growth of 0.9 % in the previous year. Real GDP Growth YoY data in Oman is updated yearly, available from Dec 1999 to Dec 2019, with an average rate of 2.7 %. The data reached an all-time high of 9.0 % in Dec 2012 and a record low of -2.7 % in Dec 2003. CEIC calculates annual Real GDP Growth from annual Real GDP. The National Centеr for Statistics and Information provides Real GDP in local currency, at 2010 prices.

In the latest reports, Nominal GDP of Oman reached 14.3 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) fell 3.5 % in Dec 2019. GDP Per Capita in Oman reached 16,529.4 USD in Dec 2019. Its Gross Savings Rate was measured at 20.2 % in Dec 2018.

View Oman's Real GDP Growth from 1999 to 2019 in the chart:

Oman Real GDP Growth

What was Oman's Real GDP Growth in 2019?

Last Previous Min Max Unit Frequency Range
-0.8 2019 0.9 2018 -2.7 2003 9.0 2012 % yearly 1999 - 2019

Real GDP Growth by Country Comparison

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Includes Real GDP Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) -11.0 Jun 2020 quarterly Mar 2010 - Jun 2020
Algeria (%) -3.9 Mar 2020 quarterly Mar 2012 - Mar 2020
Argentina (%) -19.8 Jun 2020 quarterly Mar 2005 - Jun 2020
Armenia (%) -9.1 Sep 2020 quarterly Mar 2001 - Sep 2020
Australia (%) -6.3 Jun 2020 quarterly Sep 1960 - Jun 2020
Austria (%) -14.5 Jun 2020 quarterly Mar 1989 - Jun 2020
Azerbaijan (%) 0.2 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (%) -8.9 Jun 2020 quarterly Mar 2009 - Jun 2020
Bangladesh (%) 5.2 2020 yearly 2007 - 2020
Belarus (%) -3.3 Jun 2020 quarterly Mar 2006 - Jun 2020

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Oman Key Series

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Includes 305 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) -1,960.468 Jul 2020 monthly Jun 2003 - Jul 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 (%) 55.8 2019 yearly 1990 - 2019
Forecast: Government Expenditure (OMR bn) 13.997 2025 yearly 1990 - 2025
Forecast: Government Net Debt (OMR bn) 32.239 2025 yearly 1990 - 2025
Forecast: Government Revenue (OMR bn) 11.252 2025 yearly 1990 - 2025
Government Revenue (OMR mn) 365.600 Aug 2020 monthly Jun 2003 - Aug 2020
Government Expenditure: Current (OMR mn) 603.700 Aug 2020 monthly Jun 2003 - Aug 2020
Government Expenditure: Investment (OMR mn) 154.900 Jun 2020 monthly Jun 2003 - Jun 2020
Government Financing (OMR mn) 11.000 Jun 2020 monthly Jan 2006 - Jun 2020
Government Surplus or Deficit: Fiscal (OMR mn) -753.800 Jul 2020 monthly Jun 2003 - Jul 2020
Government Surplus or Deficit: Remaining (OMR mn) -658.100 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) 1,082.100 Jul 2020 monthly Jun 2003 - Jul 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

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