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Economy of Oman. Statistics, Data and Indicators

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


Oman Major Economic Indicators

Indicator Data Period
GDP Value 79.5 USD Billion 2019
GDP Annual Growth Rate 2.2 % 2018
GDP per capita 15664 USD 2018
Inflation Rate YoY -0.29 % Mar/20
Interest Rate 2.15 % Feb/20
Unemployment Rate 3.1 % 2019
Balance of Trade 465 OMR Million | 1.207 B USD Dec/19
Current Account -1671 OMR Million | -4.338 B USD 2018
Foreign Exchange Reserves 6112 OMR Million | 15.867 B USD Feb/20
Government Debt 14492 OMR Million | 14.492 B USD 2018


GDP
vvp
79.5
USD Billion
#73 from 174 countries
GDP per capita
vvp
15664
USD
#49 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 79.5 USD Billion 2019
GDP Annual Growth Rate 2.2 % 2018
GDP per capita 15664 USD 2018
Gross National Product 28452 OMR Million | 73.863 USD Billion 2018
GDP Constant Prices 29334 OMR Million | 76.153 B USD 2018
GDP per capita PPP 36831 USD 2018
GDP From Agriculture  670 OMR Million | 1.739 B USD 2018
GDP From Construction  1986 OMR Million | 5.156 B USD 2018
GDP From Manufacturing  3011 OMR Million | 7.817 B USD 2018
GDP From Mining  171 OMR Million | 0.444 B USD 2018
GDP From Public Administration  3576 OMR Million | 9.283 B USD 2018
GDP From Services  14438 OMR Million | 37.482 B USD 2018
GDP From Transport  1649 OMR Million | 4.281 B USD 2018
GDP From Utilities  567 OMR Million | 1.472 B USD 2018


Budget Indicators

Indicator Data Period
Government Debt to GDP 47.5 % 2018
Government Budget Value -757 OMR Million | -1.965 USD Billion Dec/19
Government Spending 5649 OMR Million | 14.665 USD Billion 2018
Government Debt 14492 OMR Million | 14.492 USD Billion 2018
Government Revenues 947 OMR Million | 2.458 USD Billion Dec/19
Fiscal Expenditure  1703 OMR Million | 4.421 B USD Dec/19
Government Budget to GDP -9 % 2018
Military Expenditure 6611 USD Million | 6.611 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 106 index points Feb/20
Food Inflation 2.25 % Feb/20
Gasoline Prices 0.52 USD/Liter Mar/20
Inflation Rate YoY -0.29 % Mar/20
Producer Prices 119 index points 4Q/19
Inflation Rate Mom -0.51 % Mar/20
CPI Housing Utilities 104 Index Points Feb/20
CPI Transportation 112 Index Points Feb/20
Producer Prices Change  -12.3 % 4Q/19


Trade Indicators

Indicator Data Period
Current Account to GDP -5.5 % 2018
Balance of Trade 465 OMR Million | 1.207 USD Billion Dec/19
Capital Flows 2949 OMR Million | 7.656 B USD 2018
Current Account -1671 OMR Million | -4.338 B USD 2018
Exports 1285 OMR Million | 3.336 USD Billion Dec/19
Foreign Exchange Reserves 6112 OMR Million | 15.867 USD Billion Feb/20
Imports 820 OMR Million | 2.129 USD Billion Dec/19
Tourist Arrivals 392 Thousand Persons | 0.392 Million Persons Dec/19


Money Indicators

Indicator Data Period
Gold Reserves 0.02 Tonnes 2Q/19
Interest Rate 2.15 % Feb/20
Money Supply M0 1602 OMR Million | 4.159 USD Billion Feb/20
Money Supply M1 5228 OMR Million | 13.572 USD Billion Feb/20
Money Supply M2 18009 OMR Million | 46.752 USD Billion Feb/20
Central Bank Balance Sheet 7211 OMR Million | 18.72 B USD Jan/20
Deposit Interest Rate 3.45 % 2017
Foreign Direct Investment 2439 OMR Million | 6.332 B USD 2018
Private Sector Credit  18958 OMR Million | 49.216 B USD Jan/20


Labor Indicators

Indicator Data Period
Minimum Wages 400 OMR/Month | 1038.422 USD/Month 2018
Unemployment Rate 3.1 % 2019


Taxes

Indicator Data Period
Corporate Tax Rate 15 % 2020
Personal Income Tax Rate 0 % 2019
Sales Tax Rate 0 % 2019


Production Indicators

Indicator Data Period
Crude Oil Production 970 BBL/D/1K Dec/19
Electricity Production 1947 GWh Jan/20


Business Indicators

Indicator Data Period
Corruption Index 52 index points 2019
Corruption Rank 56 place 2019
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
14.492
USD Billion
#46 from 65 countries
Balance of Trade
balance_icon
1.207
USD Billion
#29 from 173 countries


Gold Reserves
gold_reserve_icon
0.02
Tonnes
#108 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
15.867
USD Billion
#58 from 114 countries


Government Budget Value
balance_icon
-1.965
USD Billion
#76 from 113 countries
Inflation Rate
inflation_icon
-0.29
%
#151 from 174 countries


Interest Rate
discount_rate_icon
2.15
%
#100 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
3.1
%
#20 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries