Oman Total Trade of Goods & Services: % of Nominal GDP

1980 - 2021 | Yearly | % | CEIC Data

Key information about Oman Total Trade of Goods and Services: % of Nominal GDP

  • Oman Total Trade of Goods & Services: % of Nominal GDP recorded 95.667 % in Dec 2021, compared with 91.876 % in the previous year.
  • Oman Total Trade of Goods & Services: % of Nominal GDP data is updated yearly, available from Dec 1980 to Dec 2021, with an averaged value of 92.069 %.
  • The data reached an all-time high of 112.543 % in Dec 2013 and a record low of 70.321 % in Dec 1987.

CEIC calculates annual Total Trade of Goods and Services as % of Nominal GDP from annual Total Trade of Goods and Services and annual Nominal GDP. The National Centre for Statistics and Information provides Total Trade of Goods and Services in local currency and Nominal GDP in local currency, both based on SNA 2008. Total Trade of Goods and Services as % of Nominal GDP prior to 2011 is calculated from Nominal GDP and Total Trade of Goods and Services both based on SNA 1993.

View Oman's Total Trade of Goods & Services: % of Nominal GDP from 1980 to 2021 in the chart:

Oman Total Trade of Goods & Services: % of Nominal GDP

What was Oman's Total Trade of Goods & Services: % of Nominal GDP in 2021?

Oman Total Trade of Goods & Services: % of Nominal GDP recorded 95.667 % in Dec 2021, compared with 91.876 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
95.667 2021 91.876 2020 70.321 1987 112.543 2013 % yearly 1980 - 2021

Total Trade of Goods & Services: % of Nominal GDP by Country Comparison

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Includes Total Trade of Goods & Services: % of Nominal GDP on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 97.912 Sep 2023 quarterly Mar 2008 - Sep 2023
Algeria (%) 66.753 2022 yearly 1950 - 2022
Argentina (%) 25.051 Dec 2023 quarterly Mar 1993 - Dec 2023
Armenia (%) 123.511 Dec 2023 quarterly Dec 1994 - Dec 2023
Australia (%) 45.508 Dec 2023 quarterly Sep 1959 - Dec 2023
Austria (%) 114.564 Dec 2023 quarterly Mar 1964 - Dec 2023
Azerbaijan (%) 86.607 Dec 2023 quarterly Mar 2001 - Dec 2023
Bahrain (%) 159.813 2021 yearly 1975 - 2021
Bangladesh (%) 30.983 2023 yearly 1960 - 2023
Belarus (%) 138.384 Dec 2023 quarterly Mar 1995 - Dec 2023
Belgium (%) 166.861 Dec 2023 quarterly Mar 1980 - Dec 2023
Bolivia (%) 59.738 Sep 2023 quarterly Mar 1990 - Sep 2023
Bosnia and Herzegovina (%) 96.874 Dec 2023 quarterly Mar 2008 - Dec 2023
Botswana (%) 65.526 Dec 2023 quarterly Mar 1994 - Dec 2023
Brazil (%) 32.578 Dec 2023 quarterly Mar 1996 - Dec 2023
Brunei (%) 146.934 Sep 2023 quarterly Mar 2004 - Sep 2023
Bulgaria (%) 105.131 Dec 2023 quarterly Mar 1995 - Dec 2023
Cambodia (%) 123.187 2022 yearly 1988 - 2022
Canada (%) 65.425 Dec 2023 quarterly Mar 1961 - Dec 2023
Chile (%) 61.190 Dec 2023 quarterly Mar 1990 - Dec 2023
China (%) 36.606 Dec 2023 quarterly Mar 1998 - Dec 2023
Colombia (%) 38.463 Dec 2023 quarterly Mar 2005 - Dec 2023
Croatia (%) 101.989 Dec 2023 quarterly Mar 1995 - Dec 2023
Cyprus (%) 180.296 Dec 2023 quarterly Mar 1995 - Dec 2023
Czech Republic (%) 139.114 Dec 2023 quarterly Mar 1995 - Dec 2023
Denmark (%) 130.567 Dec 2023 quarterly Mar 1977 - Dec 2023
Ecuador (%) 55.229 Dec 2023 quarterly Mar 1991 - Dec 2023
Egypt (%) 34.826 Dec 2023 quarterly Sep 2001 - Dec 2023
Estonia (%) 148.098 Dec 2023 quarterly Mar 1995 - Dec 2023
European Union (%) 98.287 Dec 2023 quarterly Mar 1995 - Dec 2023
Finland (%) 81.663 Dec 2023 quarterly Mar 1970 - Dec 2023
France (%) 64.201 Dec 2023 quarterly Mar 1975 - Dec 2023
Georgia (%) 98.420 Dec 2023 quarterly Mar 1996 - Dec 2023
Germany (%) 87.277 Dec 2023 quarterly Mar 1991 - Dec 2023
Ghana (%) 69.037 2023 yearly 1983 - 2023
Greece (%) 89.771 Dec 2023 quarterly Mar 1995 - Dec 2023
Hong Kong SAR, China (%) 361.708 Dec 2023 quarterly Mar 1973 - Dec 2023
Hungary (%) 133.205 Dec 2023 quarterly Mar 1995 - Dec 2023
Iceland (%) 84.830 Dec 2023 quarterly Mar 1995 - Dec 2023
India (%) 45.560 Dec 2023 quarterly Jun 1996 - Dec 2023
Indonesia (%) 42.927 Dec 2023 quarterly Mar 1993 - Dec 2023
Iran (%) 44.699 2020 yearly 1959 - 2020
Ireland (%) 259.702 Dec 2023 quarterly Mar 1995 - Dec 2023
Israel (%) 57.447 Dec 2023 quarterly Mar 1995 - Dec 2023
Italy (%) 65.527 Dec 2023 quarterly Mar 1980 - Dec 2023
Ivory Coast (%) 50.313 2023 yearly 1960 - 2023
Japan (%) 46.120 Dec 2023 quarterly Mar 1955 - Dec 2023
Jordan (%) 80.489 2021 yearly 1967 - 2021
Kazakhstan (%) 66.742 Sep 2023 quarterly Mar 1994 - Sep 2023
Kenya (%) 33.730 2022 yearly 1964 - 2022
South Korea (%) 87.660 Dec 2023 quarterly Mar 1960 - Dec 2023
Kosovo (%) 97.236 Dec 2023 quarterly Mar 2010 - Dec 2023
Kuwait (%) 96.410 2019 yearly 1962 - 2019
Kyrgyzstan (%) 98.747 Sep 2016 quarterly Mar 2000 - Sep 2016
Laos (%) 75.092 2016 yearly 1984 - 2016
Latvia (%) 130.599 Jun 2023 quarterly Mar 1992 - Jun 2023
Lebanon (%) 87.417 2020 yearly 1990 - 2020
Lithuania (%) 152.705 Dec 2023 quarterly Mar 1995 - Dec 2023
Luxembourg (%) 392.412 Dec 2023 quarterly Mar 1995 - Dec 2023
Macau SAR, China (%) 138.032 Dec 2023 quarterly Mar 1998 - Dec 2023
North Macedonia (%) 148.980 Dec 2023 quarterly Mar 2000 - Dec 2023
Malawi (%) 46.339 2019 yearly 1960 - 2019
Malaysia (%) 134.009 Dec 2023 quarterly Mar 1991 - Dec 2023
Malta (%) 309.983 Dec 2023 quarterly Mar 1992 - Dec 2023
Mauritius (%) 99.884 Dec 2023 quarterly Mar 1999 - Dec 2023
Mexico (%) 71.793 Sep 2023 quarterly Mar 1993 - Sep 2023
Moldova (%) 87.779 Dec 2023 quarterly Mar 1995 - Dec 2023
Mongolia (%) 117.628 Dec 2023 quarterly Mar 2005 - Dec 2023
Montenegro (%) 103.656 Dec 2023 quarterly Mar 2010 - Dec 2023
Morocco (%) 96.419 Dec 2023 quarterly Mar 2007 - Dec 2023
Mozambique (%) 135.560 2022 yearly 1991 - 2022
Myanmar (%) 49.145 2019 yearly 2019 - 2019
Nepal (%) 43.659 2023 yearly 1969 - 2023
Netherlands (%) 154.303 Dec 2023 quarterly Mar 1987 - Dec 2023
New Zealand (%) 50.130 Dec 2023 quarterly Jun 1987 - Dec 2023
Nigeria (%) 29.308 Jun 2023 quarterly Mar 2010 - Jun 2023
Norway (%) 77.979 Dec 2023 quarterly Mar 1978 - Dec 2023
Oman (%) 95.667 2021 yearly 1980 - 2021
Pakistan (%) 27.749 2023 yearly 2000 - 2023
Palestinian Territory (%) 87.436 Dec 2023 quarterly Mar 2011 - Dec 2023
Panama (%) 95.912 2022 yearly 1960 - 2022
Paraguay (%) 83.471 Dec 2023 quarterly Mar 1994 - Dec 2023
Peru (%) 50.841 Dec 2023 quarterly Mar 1980 - Dec 2023
Philippines (%) 57.898 Dec 2023 quarterly Mar 1981 - Dec 2023
Poland (%) 100.250 Dec 2023 quarterly Mar 2002 - Dec 2023
Portugal (%) 89.840 Dec 2023 quarterly Mar 1977 - Dec 2023
Qatar (%) 90.505 Jun 2023 quarterly Mar 2013 - Jun 2023
Romania (%) 71.542 Dec 2023 quarterly Mar 1995 - Dec 2023
Russia (%) 38.802 Dec 2023 quarterly Mar 1995 - Dec 2023
Saudi Arabia (%) 61.506 Dec 2023 quarterly Mar 2003 - Dec 2023
Serbia (%) 117.807 Dec 2023 quarterly Mar 1995 - Dec 2023
Singapore (%) 308.847 Dec 2023 quarterly Mar 1975 - Dec 2023
Slovakia (%) 176.849 Dec 2023 quarterly Mar 1990 - Dec 2023
Slovenia (%) 153.368 Dec 2023 quarterly Mar 1995 - Dec 2023
South Africa (%) 65.176 Dec 2023 quarterly Mar 1960 - Dec 2023
Spain (%) 70.632 Dec 2023 quarterly Mar 1980 - Dec 2023
Sri Lanka (%) 41.549 Dec 2023 quarterly Mar 2010 - Dec 2023
Sudan (%) 41.299 2019 yearly 1996 - 2019
Sweden (%) 104.471 Dec 2023 quarterly Mar 1980 - Dec 2023
Switzerland (%) 135.134 Dec 2023 quarterly Mar 1980 - Dec 2023

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Oman Key Series

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Includes 179 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 (%) 2.2 Sep 2023 quarterly Dec 2005 - Sep 2023
Consolidated Fiscal Balance (USD mn) 221.066 Jan 2024 monthly Jun 2003 - Jan 2024
Tax Revenue (USD mn) 3,304.518 2021 yearly 1996 - 2021
Tax Revenue: % of GDP (%) 3.8 2021 yearly 1996 - 2021
National Government Debt (USD mn) 46,137.8 2022 yearly 1990 - 2022
Government Debt: % of GDP (%) 41.2 2022 yearly 1990 - 2022
Forecast: Government Expenditure (OMR bn) 11.499 2028 yearly 1990 - 2028
Forecast: Government Net Debt (OMR bn) 13.559 2028 yearly 1990 - 2028
Forecast: Government Revenue (OMR bn) 12.441 2028 yearly 1990 - 2028
Government Revenue: Corporate Income Tax (OMR mn) 29.000 Oct 2023 monthly Jan 2006 - Oct 2023
Government Expenditure: Investment (OMR mn) 19.000 Jan 2024 monthly Jun 2003 - Jan 2024
Government Surplus or Deficit: Fiscal (OMR mn) 85.000 Jan 2024 monthly Jun 2003 - Jan 2024
Government Expenditure: Current (OMR mn) 680.000 Jan 2024 monthly Jun 2003 - Jan 2024
Government Revenue (OMR mn) 1,014.000 Jan 2024 monthly Jun 2003 - Jan 2024
Government Revenue: Current (OMR mn) 283.000 Jan 2024 monthly Mar 2012 - Jan 2024
Government Financing (OMR mn) -97.000 Jan 2024 monthly Jan 2006 - Jan 2024
Government Surplus or Deficit: Remaining (OMR mn) -12.000 Jan 2024 monthly Jan 2006 - Jan 2024
Government Expenditure (OMR mn) 929.000 Jan 2024 monthly Jun 2003 - Jan 2024
Government Debt (OMR mn) 17,740.000 2022 yearly 2001 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.354 2028 yearly 1980 - 2028
Trade Balance (USD mn) 2,280.9 Jan 2024 monthly Jan 1975 - Jan 2024
Total Exports (USD mn) 5,989.6 Jan 2024 monthly Mar 2003 - Jan 2024
Total Exports Growth (%) 16.7 Jan 2024 monthly Mar 2004 - Jan 2024
Aluminum: Exports (USD th) 2,202,640.622 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 155,305.875 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 4,561.969 2022 yearly 1995 - 2022
Total Imports (USD mn) 3,708.7 Jan 2024 monthly Jan 1975 - Jan 2024
Total Imports Growth (%) 0.7 Mar 2023 monthly Jan 1976 - Mar 2023
Imports: Medicament (USD th) 394,025.071 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 155,778.457 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 30.656 Dec 2023 monthly Oct 1986 - Dec 2023
Total Imports from USA (USD mn) 55.451 Dec 2023 monthly Jan 1981 - Dec 2023
Total Exports to China (USD mn) 47.074 Jun 2017 monthly Nov 2009 - Jun 2017
Total Imports from China (USD mn) 322.497 Jan 2024 monthly Jun 1984 - Jan 2024
Exports: Non Oil: India (OMR mn) 77.000 Dec 2023 monthly Jan 2006 - Dec 2023
Exports: Crude Oil: India (Barrel th) 0.000 Feb 2024 monthly Nov 2010 - Feb 2024
Exports: Crude Oil (Barrel th) 26,229.100 Feb 2024 monthly Feb 2006 - Feb 2024
Exports: Crude Oil: China (Barrel th) 26,229.100 Feb 2024 monthly Feb 2006 - Feb 2024
Exports: Crude Oil: Japan (Barrel th) 0.000 Feb 2024 monthly Feb 2006 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 944.1 2022 yearly 2001 - 2022
Current Account Balance (USD mn) 5,752.9 2022 yearly 1974 - 2022
Current Account Balance: % of GDP (%) -4.9 2021 yearly 1980 - 2021
Foreign Direct Investment (USD mn) 5,479.8 2022 yearly 1970 - 2022
Foreign Direct Investment: % of GDP (%) 4.9 2022 yearly 1970 - 2022
Foreign Portfolio Investment (USD mn) -2,101.430 2022 yearly 1996 - 2022
Foreign Portfolio Investment: % of GDP (%) -1.8 2022 yearly 1996 - 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 287.9 2022 yearly 1974 - 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 4,338.882 2021 yearly 1974 - 2021
Forecast: Current Account Balance (USD bn) 1.957 2028 yearly 1980 - 2028
OM: BoP: Financial Account: Financial Derivatives & Employee Stock Options (USD mn) 0.000 2021 yearly 2017 - 2021
OM: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liab... (USD mn) 0.000 2021 yearly 2017 - 2021
BoP: Current Account: Transfers (OMR mn) -3,774.000 2017 yearly 1996 - 2017
Foreign Direct Investment: India (OMR mn) 255.200 2022 yearly 2005 - 2022
Foreign Direct Investment: Kuwait (OMR mn) 927.500 2022 yearly 2005 - 2022
Foreign Direct Investment: United Kingdom (OMR mn) 10,150.500 2022 yearly 2005 - 2022
Foreign Direct Investment: United Arab Emirates (OMR mn) 1,083.400 2022 yearly 2005 - 2022
Foreign Direct Investment: United States of America (OMR mn) 2,734.500 2022 yearly 2005 - 2022
Foreign Direct Investment: Oil and Gas (OMR mn) 14,157.700 2022 yearly 2005 - 2022
Foreign Direct Investment: Manufacturing (OMR mn) 1,549.100 2022 yearly 2005 - 2022
Foreign Direct Investment: Construction (OMR mn) 154.400 2022 yearly 2005 - 2022
Foreign Direct Investment: Real Estate, Renting and Business Activities (OMR mn) 1,037.700 2022 yearly 2005 - 2022
Foreign Direct Investment: Financial Intermediation (OMR mn) 1,481.700 2022 yearly 2005 - 2022
No of Registered Enterprises (Unit) 338,094.000 2021 yearly 1999 - 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 Dec 2023 quarterly Jun 2008 - Dec 2023
Non-Performing Loans (USD mn) 492.068 Sep 2023 quarterly Mar 2008 - Sep 2023
Money Supply M1 (USD mn) 15,840.312 Jan 2024 monthly Jan 1999 - Jan 2024
Money Supply M2 (USD mn) 60,795.319 Jan 2024 monthly Jan 1999 - Jan 2024
M2 Growth (%) 14.0 Jan 2024 monthly Jan 2000 - Jan 2024
Reserve Requirement Ratio (%) 5.0 Dec 2023 monthly Jun 2006 - Dec 2023
Foreign Exchange Reserves (USD mn) 16,138.4 Jan 2024 monthly Apr 1970 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 13.962 Jun 2023 quarterly Dec 2005 - Jun 2023
Foreign Exchange Reserves: Months of Import (NA) 4.4 Jan 2024 monthly Jan 1975 - Jan 2024
Gold Reserves (USD mn) 239.792 Jan 2024 monthly Dec 1969 - Jan 2024
Total Deposits (USD mn) 62,725.659 Jan 2024 monthly Jan 2000 - Jan 2024
Total Deposits Growth (%) 12.3 Jan 2024 monthly Jan 2001 - Jan 2024
Domestic Credit (USD mn) 67,496.7 Jan 2024 monthly Dec 1999 - Jan 2024
Domestic Credit Growth (%) 2.9 Jan 2024 monthly Dec 2000 - Jan 2024
Total Loans (USD mn) 63,244.213 Jan 2024 monthly Dec 1998 - Jan 2024
Total Loans Growth (%) 1.80 Jan 2024 monthly Dec 1999 - Jan 2024
Private Debt: % of Nominal GDP (%) 48.03 Sep 2023 quarterly Dec 2005 - Sep 2023

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