Oman OM: GDP: 2015 Price: USD: Gross Value Added at Basic Prices

1998 - 2023 | Yearly | USD mn | World Bank

Oman OM: GDP: 2015 Price: USD: Gross Value Added at Basic Prices data was reported at 94.037 USD bn in 2024. This records an increase from the previous number of 92.507 USD bn for 2023. Oman OM: GDP: 2015 Price: USD: Gross Value Added at Basic Prices data is updated yearly, averaging 66.280 USD bn from Dec 1998 (Median) to 2024, with 27 observations. The data reached an all-time high of 94.037 USD bn in 2024 and a record low of 43.350 USD bn in 1998. Oman OM: GDP: 2015 Price: USD: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Oman – Table OM.World Bank.WDI: Gross Domestic Product: Real. Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;

View Oman's Oman OM: GDP: 2015 Price: USD: Gross Value Added at Basic Prices from 1998 to 2023 in the chart:

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Oman Oman OM: GDP: 2015 Price: USD: Gross Value Added at Basic Prices
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Oman Oman OM: GDP: 2015 Price: USD: Gross Value Added at Basic Prices

What was Oman's Oman OM: GDP: 2015 Price: USD: Gross Value Added at Basic Prices in 2023?

Last Previous Min Max Unit Frequency Range
94,255.329 2023 92,690.096 2022 43,349.797 1998 94,255.329 2023 USD mn yearly 1998 - 2023

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Oman Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 46,034.277 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 22,164.117 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.519 2027 yearly 1980 - 2027
GDP Deflator Growth (%) -0.7 2024 yearly 1999 - 2024
GDP per Capita (USD) 20,337.079 2024 yearly 1980 - 2024
Gross Fixed Capital Formation (USD mn) 27,358.677 2024 yearly 1975 - 2024
Gross National Product (GNP) (USD mn) 100,970.853 2024 yearly 1960 - 2024
Gross Savings Rate (%) 29.4 2024 yearly 1980 - 2024
Investment: % of GDP (%) 24.8 2024 yearly 1967 - 2024
Nominal GDP (USD mn) 26,453.9 Jun 2025 quarterly Mar 2005 - Jun 2025
Nominal GDP Growth (%) 0.618 Jun 2025 quarterly Mar 2006 - Jun 2025
Private Consumption Expenditure (USD mn) 41,919.970 2024 yearly 1980 - 2024
Private Consumption: % of GDP (%) 39.1 2024 yearly 1980 - 2024
Public Consumption Expenditure (USD mn) 20,068.070 2024 yearly 1980 - 2024
Public Consumption: % of GDP (%) 18.7 2024 yearly 1980 - 2024
Real GDP Growth (%) 1.6 2024 yearly 1999 - 2024
Total Trade of Goods & Services: % of Nominal GDP (%) 118.999 2024 yearly 1980 - 2024
Production Last Frequency Range
Gold Production (kg) 0.000 2021 yearly 1993 - 2021
Industrial Production Index Growth (%) -1.9 Apr 2017 monthly Jul 1968 - Apr 2017
Minerals Production (Metric Ton) 100,629,990.000 2023 yearly 2009 - 2023
Silver Production (Metric Ton) 0.000 2021 yearly 1996 - 2021
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 2023
Forecast: Government Expenditure (OMR bn) 11.786 2030 yearly 1990 - 2030
Forecast: Government Net Debt (OMR bn) 14.788 2030 yearly 1990 - 2030
Forecast: Government Revenue (OMR bn) 13.974 2030 yearly 1990 - 2030
Government Debt: % of GDP (%) 35.4 2024 yearly 1990 - 2024
Tax Revenue (USD mn) 4,871.382 2024 yearly 1996 - 2024
National Government Debt (USD mn) 37,979.2 2024 yearly 1990 - 2024
Consolidated Fiscal Balance (USD mn) -130.039 Sep 2025 monthly Jun 2003 - Sep 2025
Tax Revenue: % of GDP (%) 4.5 2024 yearly 1996 - 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 2,667,529.000 2024 yearly 1986 - 2024
Forecast: Population (Person mn) 5.592 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Labour Force Participation Rate (%) 67.8 2024 yearly 1990 - 2024
Labour Productivity Growth (%) 2.12 2024 yearly 1999 - 2024
Population (Person mn) 4.5 2020 yearly 1977 - 2020
Unemployment Rate (%) 2.90 Oct 2025 monthly Mar 2018 - Oct 2025
Domestic Trade and Household Survey Last Frequency Range
Household Expenditure per Capita (USD) 3,110.731 2011 yearly 2007 - 2011
Household Income per Capita (USD) 4,964.629 2011 yearly 2007 - 2011
Motor Vehicle Sales: Commercial Cars (Unit) 13,576.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 49,924.000 2019 yearly 2005 - 2019
Motor Vehicles Sales (Unit) 63,500 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) -0.2 2019 yearly 2006 - 2019

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