Oman Unemployment Rate

2018 - 2023 | Monthly | % | CEIC Data

Key information about Oman Unemployment Rate

  • Oman Unemployment Rate dropped to 3.20% in Dec 2023, from the previously reported figure of 3.30% in Nov 2023.
  • Oman Unemployment Rate is updated monthly, available from Mar 2018 to Dec 2023, with an average rate of 2.50%.
  • The data reached an all-time high of 5.00% in Feb 2023 and a record low of 1.70% in Sep 2022.
  • The data is reported by reported by CEIC Data.
  • In the latest reports, Oman Population reached 4.48 million people in Jun 2020.


View Oman's Unemployment Rate from Mar 2018 to Dec 2023 in the chart:

Oman Unemployment Rate

What was Oman's Unemployment Rate in Dec 2023?

Oman Unemployment Rate dropped to 3.20% in Dec 2023, from the previously reported figure of 3.30% in Nov 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.20 Dec 2023 3.30 Nov 2023 1.70 Sep 2022 5.00 Feb 2023 % monthly Mar 2018 - Dec 2023

Unemployment Rate by Country Comparison

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country/region Last Frequency Range
Albania (%) 10.54 Sep 2023 quarterly Mar 2012 - Sep 2023
Algeria (%) 11.40 Jun 2019 quarterly Mar 2014 - Jun 2019
Argentina (%) 6.90 Mar 2023 quarterly Jun 1990 - Mar 2023
Armenia (%) 12.00 Sep 2023 quarterly Mar 2008 - Sep 2023
Australia (%) 4.06 Jan 2024 monthly Feb 1978 - Jan 2024
Austria (%) 4.90 Nov 2023 monthly Jan 1993 - Nov 2023
Azerbaijan (%) 5.64 Mar 2023 quarterly Mar 2008 - Mar 2023
Bahrain (%) 5.90 2020 yearly 1991 - 2020
Bangladesh (%) 5.30 2020 yearly 1991 - 2020
Belarus (%) 0.10 Jan 2024 monthly Oct 2004 - Jan 2024
Belgium (%) 5.50 Jan 2024 monthly Jan 1983 - Jan 2024
Bolivia (%) 2.83 Dec 2023 quarterly Dec 2015 - Dec 2023
Bosnia and Herzegovina (%) 15.38 2022 yearly 2006 - 2022
Botswana (%) 20.68 2022 yearly 1991 - 2022
Brazil (%) 7.60 Jan 2024 monthly Mar 2012 - Jan 2024
Brunei (%) 5.20 2022 yearly 1981 - 2022
Bulgaria (%) 4.20 Dec 2023 quarterly Mar 2000 - Dec 2023
Cambodia (%) 2.40 2020 yearly 2020 - 2020
Canada (%) 5.70 Jan 2024 monthly Jan 1976 - Jan 2024
Chile (%) 8.44 Jan 2024 monthly Mar 2009 - Jan 2024
China (%) 5.10 Dec 2023 quarterly Mar 2017 - Dec 2023
Colombia (%) 12.12 Mar 2022 monthly Jan 2021 - Mar 2022
Croatia (%) 6.80 Dec 2022 quarterly Mar 1998 - Dec 2022
Cyprus (%) 6.70 Jan 2024 monthly Jan 2000 - Jan 2024
Czech Republic (%) 2.74 Dec 2023 monthly Jan 1993 - Dec 2023
Denmark (%) 4.90 Apr 2023 monthly Jan 2007 - Apr 2023
Ecuador (%) 3.38 Dec 2023 quarterly Dec 2013 - Dec 2023
Egypt (%) 6.90 Dec 2023 quarterly Mar 2003 - Dec 2023
Estonia (%) 5.30 Mar 2023 quarterly Mar 1997 - Mar 2023
European Union (%) 6.00 Jan 2024 monthly Jan 2000 - Jan 2024
Finland (%) 6.90 Apr 2023 monthly Jan 1988 - Apr 2023
France (%) 7.20 Jun 2023 quarterly Mar 1975 - Jun 2023
Georgia (%) 17.26 2022 yearly 1991 - 2022
Germany (%) 3.10 Jan 2024 monthly Jan 1991 - Jan 2024
Ghana (%) 3.92 2023 yearly 1991 - 2023
Greece (%) 11.20 Apr 2023 monthly Apr 1998 - Apr 2023
Hong Kong SAR, China (%) 2.90 Jan 2024 monthly Oct 1981 - Jan 2024
Hungary (%) 4.60 Jan 2024 monthly Jan 2000 - Jan 2024
Iceland (%) 3.78 Jan 2024 monthly Jan 2003 - Jan 2024
India (%) 7.11 2020 yearly 1991 - 2020
Indonesia (%) 5.32 2023 yearly 1984 - 2023
Iran (%) 8.90 Dec 2021 quarterly Jun 2001 - Dec 2021
Ireland (%) 4.10 Jul 2023 monthly Jan 1998 - Jul 2023
Israel (%) 3.19 Jan 2024 monthly Jan 2012 - Jan 2024
Italy (%) 7.20 Jan 2024 monthly Jan 1983 - Jan 2024
Ivory Coast (%) 3.50 2020 yearly 1991 - 2020
Japan (%) 2.40 Jan 2024 monthly Jan 1953 - Jan 2024
Jordan (%) 22.30 May 2023 quarterly Feb 2000 - May 2023
Kazakhstan (%) 4.70 Jan 2024 monthly Jan 2001 - Jan 2024
Kenya (%) 2.98 2020 yearly 1991 - 2020
South Korea (%) 3.00 Jan 2024 monthly Jun 1999 - Jan 2024
Kosovo (%) 11.50 Mar 2023 quarterly Mar 2016 - Mar 2023
Kuwait (%) 0.93 2021 yearly 1999 - 2021
Kyrgyzstan (%) 4.90 2022 yearly 1992 - 2022
Laos (%) 0.95 2020 yearly 1991 - 2020
Latvia (%) 6.90 Jan 2024 monthly Jan 1998 - Jan 2024
Lebanon (%) 29.56 2021 yearly 2004 - 2021
Lithuania (%) 7.70 Jan 2024 monthly Jan 1998 - Jan 2024
Luxembourg (%) 5.55 Jan 2024 monthly Jan 1995 - Jan 2024
Macau SAR, China (%) 2.20 Jan 2024 monthly Sep 1996 - Jan 2024
North Macedonia (%) 13.00 Dec 2023 quarterly Mar 2023 - Dec 2023
Malawi (%) 6.60 2013 yearly 2005 - 2013
Malaysia (%) 3.40 Dec 2023 monthly Jan 2010 - Dec 2023
Malta (%) 2.50 Sep 2023 quarterly Dec 2000 - Sep 2023
Mauritius (%) 7.10 Mar 2020 quarterly Mar 2004 - Mar 2020
Mexico (%) 2.76 Jan 2024 monthly Jan 2005 - Jan 2024
Moldova (%) 5.55 Mar 2023 quarterly Mar 1999 - Mar 2023
Mongolia (%) 3.92 Dec 2023 quarterly Sep 2006 - Dec 2023
Montenegro (%) 11.80 Sep 2023 quarterly Mar 2008 - Sep 2023
Morocco (%) 12.40 Jun 2023 quarterly Mar 1999 - Jun 2023
Mozambique (%) 3.87 2023 yearly 1991 - 2023
Myanmar (%) 1.79 2020 yearly 1991 - 2020
Nepal (%) 4.44 2020 yearly 1991 - 2020
Netherlands (%) 3.10 Jul 2021 monthly Jan 2003 - Jul 2021
New Zealand (%) 4.00 Dec 2023 quarterly Mar 1986 - Dec 2023
Nigeria (%) 4.10 Mar 2023 quarterly Dec 2022 - Mar 2023
Norway (%) 3.90 Dec 2023 monthly Jan 1989 - Dec 2023
Oman (%) 3.20 Dec 2023 monthly Mar 2018 - Dec 2023
Pakistan (%) 6.30 2021 yearly 1980 - 2021
Palestinian Territory (%) 24.10 Sep 2023 quarterly Mar 2000 - Sep 2023
Panama (%) 11.30 2021 yearly 2003 - 2021
Paraguay (%) 5.23 Dec 2023 quarterly Mar 2017 - Dec 2023
Peru (%) 7.20 Jan 2024 monthly Mar 2001 - Jan 2024
Philippines (%) 4.50 Apr 2023 quarterly Jul 1982 - Apr 2023
Poland (%) 5.40 Jan 2024 monthly Jan 1990 - Jan 2024
Portugal (%) 7.20 Jan 2021 monthly Feb 1998 - Jan 2021
Qatar (%) 0.10 2019 yearly 1997 - 2019
Romania (%) 5.60 Apr 2023 monthly Jan 2004 - Apr 2023
Russia (%) 3.03 Sep 2023 monthly Jan 1994 - Sep 2023
Saudi Arabia (%) 5.12 Sep 2023 quarterly Mar 2012 - Sep 2023
Serbia (%) 9.10 Dec 2023 quarterly Mar 2014 - Dec 2023
Singapore (%) 1.90 May 2023 monthly Mar 2020 - May 2023
Slovakia (%) 3.97 Jan 2024 monthly Jan 2006 - Jan 2024
Slovenia (%) 3.90 Sep 2023 quarterly Jun 1997 - Sep 2023
South Africa (%) 32.10 Dec 2023 quarterly Mar 2008 - Dec 2023
Spain (%) 11.76 Dec 2023 quarterly Sep 1976 - Dec 2023
Sri Lanka (%) 4.70 Sep 2023 quarterly Mar 2004 - Sep 2023
Sudan (%) 20.30 2010 yearly 1993 - 2010
Sweden (%) 7.22 Apr 2023 monthly Jan 1983 - Apr 2023
Switzerland (%) 4.01 Dec 2023 monthly Jan 1991 - Dec 2023

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Oman Key Series

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Includes 198 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) 104.031 Oct 2023 monthly Jun 2003 - Oct 2023
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: Current (OMR mn) 695.000 Oct 2023 monthly Jun 2003 - Oct 2023
Government Expenditure: Investment (OMR mn) 99.000 Oct 2023 monthly Jun 2003 - Oct 2023
Government Financing (OMR mn) 4.000 Oct 2023 monthly Jan 2006 - Oct 2023
Government Expenditure (OMR mn) 874.000 Oct 2023 monthly Jun 2003 - Oct 2023
Government Surplus or Deficit: Fiscal (OMR mn) 40.000 Oct 2023 monthly Jun 2003 - Oct 2023
Government Surplus or Deficit: Remaining (OMR mn) 44.000 Oct 2023 monthly Jan 2006 - Oct 2023
Government Revenue (OMR mn) 914.000 Oct 2023 monthly Jun 2003 - Oct 2023
Government Revenue: Current (OMR mn) 120.000 Sep 2023 monthly Mar 2012 - Sep 2023
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) 1,909.0 Oct 2023 monthly Jan 1975 - Oct 2023
Total Exports (USD mn) 5,342.0 Dec 2023 monthly Mar 2003 - Dec 2023
Total Exports Growth (%) -2.6 Dec 2023 monthly Mar 2004 - Dec 2023
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) 3,563.1 Oct 2023 monthly Jan 1975 - Oct 2023
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) 43.278 Nov 2023 monthly Oct 1986 - Nov 2023
Total Imports from USA (USD mn) 47.101 Nov 2023 monthly Jan 1981 - Nov 2023
Total Exports to China (USD mn) 47.074 Jun 2017 monthly Nov 2009 - Jun 2017
Total Imports from China (USD mn) 283.485 Dec 2023 monthly Jun 1984 - Dec 2023
Exports: Oil and Gas: Crude Oil (OMR mn) 929.000 Dec 2023 monthly Jan 1995 - Dec 2023
Exports: Oil and Gas (OMR mn) 1,235.000 Dec 2023 monthly Jan 2006 - Dec 2023
Exports: Non Oil: Mineral Products (OMR mn) 324.000 Dec 2023 monthly Jan 2006 - Dec 2023
Exports: Non Oil: Chemical Products (OMR mn) 71.000 Dec 2023 monthly Jan 2006 - Dec 2023
Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) 256.000 Dec 2023 monthly Jan 2006 - Dec 2023
Exports: Non Oil: India (OMR mn) 77.000 Dec 2023 monthly Jan 2006 - Dec 2023
Re-Exports (OMR mn) 144.000 Dec 2023 monthly Jan 2006 - Dec 2023
Exports: Non Oil (OMR mn) 675.000 Dec 2023 monthly Jan 2006 - Dec 2023
Exports: Non Oil: Saudi Arabia (OMR mn) 67.000 Dec 2023 monthly Jan 2006 - Dec 2023
Exports: Non Oil: United Arab Emirates (OMR mn) 77.000 Dec 2023 monthly Jan 2006 - Dec 2023
Imports: Electrical Machinery, Mechanical Equipment and Parts (OMR mn) 208.000 Dec 2023 monthly Jan 2006 - Dec 2023
Imports: Chemical Products (OMR mn) 208.000 Dec 2023 monthly Jan 2006 - Dec 2023
Imports: Mineral Products (OMR mn) 354.000 Dec 2023 monthly Jan 2006 - Dec 2023
Imports: Transport Equipment (OMR mn) 139.000 Dec 2023 monthly Jan 2006 - Dec 2023
Imports: United Arab Emirates (OMR mn) 298.000 Dec 2023 monthly Jan 2006 - Dec 2023
Imports: India (OMR mn) 100.000 Dec 2023 monthly Feb 2006 - Dec 2023
Imports: Saudi Arabia (OMR mn) 108.000 Nov 2023 monthly Jan 2011 - Nov 2023
Exports: Crude Oil: Japan (Barrel th) 1,000.600 Jan 2024 monthly Feb 2006 - Jan 2024
Exports: Crude Oil: India (Barrel th) 0.000 Jan 2024 monthly Nov 2010 - Jan 2024
Exports: Crude Oil (Barrel th) 26,201.300 Jan 2024 monthly Feb 2006 - Jan 2024
Exports: Crude Oil: China (Barrel th) 25,200.600 Jan 2024 monthly Feb 2006 - Jan 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: Liab... (USD mn) 0.000 2021 yearly 2017 - 2021
OM: BoP: Financial Account: Financial Derivatives & Employee Stock Options (USD mn) 0.000 2021 yearly 2017 - 2021
BoP: Current Account: Transfers (OMR mn) -3,774.000 2017 yearly 1996 - 2017
Foreign Direct Investment: United Kingdom (OMR mn) 10,150.500 2022 yearly 2005 - 2022
Foreign Direct Investment: Kuwait (OMR mn) 927.500 2022 yearly 2005 - 2022
Foreign Direct Investment: India (OMR mn) 255.200 2022 yearly 2005 - 2022
Foreign Direct Investment: United States of America (OMR mn) 2,734.500 2022 yearly 2005 - 2022
Foreign Direct Investment: United Arab Emirates (OMR mn) 1,083.400 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: Financial Intermediation (OMR mn) 1,481.700 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
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.4 Sep 2023 quarterly Jun 2008 - Sep 2023
Non-Performing Loans (USD mn) 492.068 Sep 2023 quarterly Mar 2008 - Sep 2023
Money Supply M1 (USD mn) 15,555.527 Dec 2023 monthly Jan 1999 - Dec 2023
Money Supply M2 (USD mn) 59,822.627 Dec 2023 monthly Jan 1999 - Dec 2023
M2 Growth (%) 13.1 Dec 2023 monthly Jan 2000 - Dec 2023
Reserve Requirement Ratio (%) 5.0 Dec 2023 monthly Jun 2006 - Dec 2023
Foreign Exchange Reserves (USD mn) 16,163.3 Dec 2023 monthly Apr 1970 - Dec 2023
Foreign Exchange Reserves: % of GDP (%) 13.962 Jun 2023 quarterly Dec 2005 - Jun 2023
Foreign Exchange Reserves: Months of Import (NA) 4.3 Oct 2023 monthly Jan 1975 - Oct 2023
Gold Reserves (USD mn) 201.040 Dec 2023 monthly Dec 1969 - Dec 2023
Total Deposits (USD mn) 61,393.316 Dec 2023 monthly Jan 2000 - Dec 2023
Total Deposits Growth (%) 12.3 Dec 2023 monthly Jan 2001 - Dec 2023
Domestic Credit (USD mn) 68,245.5 Dec 2023 monthly Dec 1999 - Dec 2023
Domestic Credit Growth (%) 5.2 Dec 2023 monthly Dec 2000 - Dec 2023
Total Loans (USD mn) 63,427.568 Dec 2023 monthly Dec 1998 - Dec 2023
Total Loans Growth (%) 2.54 Dec 2023 monthly Dec 1999 - Dec 2023
Private Debt: % of Nominal GDP (%) 48.03 Sep 2023 quarterly Dec 2005 - Sep 2023
Domestic Assets (OMR mn) 16,743.400 Dec 2023 monthly Dec 1999 - Dec 2023
Money Supply: Quasi Money (OMR mn) 17,020.700 Dec 2023 monthly Jan 1999 - Dec 2023
Money Supply (OMR mn) 23,001.800 Dec 2023 monthly Jan 1999 - Dec 2023
Deposits: Private Sector (OMR mn) 15,610.400 Dec 2023 monthly Jan 1999 - Dec 2023

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