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Economy of Oman. Statistics, Data and Indicators

flag
Oman
78BB Credit rank #32
N/A Quality of life #
49 Corruption rank#48
68 Ease of doing business#77
Oman


Oman Major Economic Indicators

Indicator Data Period
GDP Value 76.33 USD Billion 2019
GDP Annual Growth Rate -6.3 % 2020
GDP per capita 15082 USD 2019
Inflation Rate YoY 1.65 % May/21
Interest Rate 0.5 % Jun/21
Unemployment Rate 5 % 2020
Balance of Trade 151 OMR Million | 0.393 B USD Feb/21
Current Account -1592 OMR Million | -4.14 B USD 2019
Foreign Exchange Reserves 6947 OMR Million | 18.068 B USD May/21
Government Debt 16373 OMR Million | 16.373 B USD 2019


GDP
vvp
76.33
USD Billion
#73 from 174 countries
GDP per capita
vvp
15082
USD
#49 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 76.33 USD Billion 2019
GDP Annual Growth Rate -6.3 % 2020
GDP per capita 15082 USD 2019
Gross National Product 26988 OMR Million | 70.19 USD Billion 2019
GDP Constant Prices 28850 OMR Million | 75.033 B USD 2019
GDP per capita PPP 27295 USD 2019
GDP From Agriculture  691 OMR Million | 1.797 B USD 2019
GDP From Construction  1855 OMR Million | 4.824 B USD 2019
GDP From Manufacturing  3072 OMR Million | 7.99 B USD 2019
GDP From Mining  126 OMR Million | 0.328 B USD 2019
GDP From Public Administration  3575 OMR Million | 9.298 B USD 2019
GDP From Services  14128 OMR Million | 36.744 B USD 2019
GDP From Transport  1721 OMR Million | 4.476 B USD 2019
GDP From Utilities  620 OMR Million | 1.612 B USD 2019


Budget Indicators

Indicator Data Period
Government Debt to GDP 55.9 % 2019
Government Budget Value -62.8 OMR Million | -0.163 USD Billion May/21
Government Spending 5825 OMR Million | 15.15 USD Billion 2019
Government Debt 16373 OMR Million | 16.373 USD Billion 2019
Government Revenues 951 OMR Million | 2.473 USD Billion Apr/21
Fiscal Expenditure  1027 OMR Million | 2.671 B USD Apr/21
Government Budget to GDP -7 % 2019
Military Expenditure 6663 USD Million | 6.663 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 107 index points May/21
Food Inflation -0.1 % May/21
Gasoline Prices 0.56 USD/Liter Jun/21
Inflation Rate YoY 1.65 % May/21
Producer Prices 103 index points 1Q/21
Inflation Rate Mom 0.19 % May/21
CPI Housing Utilities 104 Index Points May/21
CPI Transportation 115 Index Points May/21
Producer Prices Change  -13.69 % 1Q/21


Trade Indicators

Indicator Data Period
Current Account to GDP -5.2 % 2019
Balance of Trade 151 OMR Million | 0.393 USD Billion Feb/21
Capital Flows 1345 OMR Million | 3.498 B USD 2019
Current Account -1592 OMR Million | -4.14 B USD 2019
Exports 1024 OMR Million | 2.663 USD Billion Feb/21
Foreign Exchange Reserves 6947 OMR Million | 18.068 USD Billion May/21
Imports 872 OMR Million | 2.268 USD Billion Feb/21
Tourist Arrivals 6.04 Thousand Persons | 0.006 Million Persons May/21


Money Indicators

Indicator Data Period
Gold Reserves 0.02 Tonnes 1Q/21
Interest Rate 0.5 % Jun/21
Money Supply M0 1746 OMR Million | 4.541 USD Billion Apr/21
Money Supply M1 5804 OMR Million | 15.095 USD Billion May/21
Money Supply M2 20279 OMR Million | 52.741 USD Billion May/21
Central Bank Balance Sheet 7579 OMR Million | 19.711 B USD May/21
Deposit Interest Rate 4.03 % 2020
Foreign Direct Investment 2439 OMR Million | 6.343 B USD 2018
Private Sector Credit  18881 OMR Million | 49.105 B USD May/21


Labor Indicators

Indicator Data Period
Minimum Wages 325 OMR/Month | 845.254 USD/Month 2021
Unemployment Rate 5 % 2020


Taxes

Indicator Data Period
Corporate Tax Rate 15 % 2021
Personal Income Tax Rate 0 % 2021
Sales Tax Rate 5 % 2021


Production Indicators

Indicator Data Period
Crude Oil Production 952 BBL/D/1K Mar/21
Electricity Production 3581 GWh Apr/21


Business Indicators

Indicator Data Period
Corruption Index 54 index points 2020
Corruption Rank 49 place 2020
Ease of Doing Business 68 place 2019
Competitiveness Index 63.61 Index Points 2019
Competitiveness Rank 53 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence 78.8 index points 4Q/16


Government Debt
dept_icon
16.373
USD Billion
#46 from 65 countries
Balance of Trade
balance_icon
0.393
USD Billion
#29 from 173 countries


Gold Reserves
gold_reserve_icon
0.02
Tonnes
#108 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
18.068
USD Billion
#58 from 114 countries


Government Budget Value
balance_icon
-0.163
USD Billion
#76 from 113 countries
Inflation Rate
inflation_icon
1.65
%
#151 from 174 countries


Interest Rate
discount_rate_icon
0.5
%
#100 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
5
%
#20 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries