Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0
Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0

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 85.87 USD Billion 2021
GDP Annual Growth Rate -6.3 % 2020
GDP per capita 15082 USD 2019
Inflation Rate YoY 2.4 % May/22
Interest Rate 1.5 % May/22
Unemployment Rate 5 % 2020
Balance of Trade 66.9 OMR Million | 0.174 B USD Dec/21
Current Account 3330 OMR Million | 8.649 B USD 2020
Foreign Exchange Reserves 6474 OMR Million | 16.816 B USD Apr/22
Government Debt 18756 OMR Million | 18.756 B USD 2020


GDP Indicators

Indicator Data Period
GDP Value 85.87 USD Billion 2021
GDP Annual Growth Rate -6.3 % 2020
GDP per capita 15082 USD 2019
Gross National Product 26369 OMR Million | 68.491 USD Billion 2020
GDP Constant Prices 33673 OMR Million | 87.462 B USD 2020
GDP per capita PPP 27295 USD 2019
GDP From Agriculture  752 OMR Million | 1.953 B USD 2020
GDP From Construction  2528 OMR Million | 6.566 B USD 2020
GDP From Manufacturing  2114 OMR Million | 5.491 B USD 2020
GDP From Mining  254 OMR Million | 0.66 B USD 2020
GDP From Public Administration  3042 OMR Million | 7.901 B USD 2020
GDP From Services  15394 OMR Million | 39.984 B USD 2020
GDP From Transport  1212 OMR Million | 3.148 B USD 2020
GDP From Utilities  842 OMR Million | 2.187 B USD 2020


Budget Indicators

Indicator Data Period
Government Debt to GDP 55.9 % 2019
Government Budget Value 112 OMR Million | 0.291 USD Billion Apr/22
Government Spending 6700 OMR Million | 17.403 USD Billion 2020
Government Debt 18756 OMR Million | 18.756 USD Billion 2020
Government Revenues 1193 OMR Million | 3.099 USD Billion Apr/22
Fiscal Expenditure  1081 OMR Million | 2.808 B USD Apr/22
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) 109 index points May/22
Food Inflation 4.97 % May/22
Gasoline Prices 0.62 USD/Liter Jun/22
Inflation Rate YoY 2.4 % May/22
Producer Prices 154 index points 1Q/22
Inflation Rate Mom -0.02 % May/22
CPI Housing Utilities 105 Index Points May/22
CPI Transportation 119 Index Points May/22
Producer Prices Change  51.5 % 4Q/21


Trade Indicators

Indicator Data Period
Current Account to GDP -5.2 % 2019
Balance of Trade 66.9 OMR Million | 0.174 USD Billion Dec/21
Capital Flows 2690 OMR Million | 6.987 B USD 2020
Current Account 3330 OMR Million | 8.649 B USD 2020
Exports 2042 OMR Million | 5.304 USD Billion Mar/22
Foreign Exchange Reserves 6474 OMR Million | 16.816 USD Billion Apr/22
Imports 1313 OMR Million | 3.41 USD Billion Mar/22
Tourist Arrivals 122 Thousand Persons | 0.122 Million Persons Feb/22


Money Indicators

Indicator Data Period
Gold Reserves 0.02 Tonnes 1Q/22
Interest Rate 1.5 % May/22
Money Supply M0 1690 OMR Million | 4.39 USD Billion Jan/22
Money Supply M1 5811 OMR Million | 15.094 USD Billion Apr/22
Money Supply M2 20382 OMR Million | 52.94 USD Billion Apr/22
Central Bank Balance Sheet 7242 OMR Million | 18.81 B USD Apr/22
Deposit Interest Rate 4.15 % 2021
Foreign Direct Investment 1315 OMR Million | 3.416 B USD 2019
Private Sector Credit  19100 OMR Million | 49.61 B USD Apr/22


Labor Indicators

Indicator Data Period
Minimum Wages 325 OMR/Month | 844.156 USD/Month 2022
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 1037 BBL/D/1K Feb/22
Electricity Production 3747 GWh Apr/22


Business Indicators

Indicator Data Period
Corruption Index 52 index points 2021
Corruption Rank 56 place 2021
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