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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 76.98 USD Billion 2019
GDP Annual Growth Rate -0.8 % 2019
GDP per capita 14993 USD 2019
Inflation Rate YoY -1.42 % Dec/20
Interest Rate 0.5 % Dec/20
Unemployment Rate 3.1 % 2019
Balance of Trade 419 OMR Million | 1.09 B USD Mar/20
Current Account -1592 OMR Million | -4.14 B USD 2019
Foreign Exchange Reserves 6770 OMR Million | 17.607 B USD Oct/20
Government Debt 16373 OMR Million | 16.373 B USD 2019


GDP
vvp
76.98
USD Billion
#73 from 174 countries
GDP per capita
vvp
14993
USD
#49 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 76.98 USD Billion 2019
GDP Annual Growth Rate -0.8 % 2019
GDP per capita 14993 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 27896 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 47.5 % 2018
Government Budget Value -407 OMR Million | -1.059 USD Billion Aug/20
Government Spending 5825 OMR Million | 15.15 USD Billion 2019
Government Debt 16373 OMR Million | 16.373 USD Billion 2019
Government Revenues 366 OMR Million | 0.952 USD Billion Aug/20
Fiscal Expenditure  773 OMR Million | 2.01 B USD Aug/20
Government Budget to GDP -7 % 2019
Military Expenditure 6611 USD Million | 6.611 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 105 index points Nov/20
Food Inflation -0.78 % Nov/20
Gasoline Prices 0.47 USD/Liter Dec/20
Inflation Rate YoY -1.42 % Dec/20
Producer Prices 114 index points 3Q/20
Inflation Rate Mom -0.18 % Dec/20
CPI Housing Utilities 104 Index Points Nov/20
CPI Transportation 106 Index Points Nov/20
Producer Prices Change  -17.4 % 2Q/20


Trade Indicators

Indicator Data Period
Current Account to GDP -5.2 % 2019
Balance of Trade 419 OMR Million | 1.09 USD Billion Mar/20
Capital Flows 1345 OMR Million | 3.498 B USD 2019
Current Account -1592 OMR Million | -4.14 B USD 2019
Exports 991 OMR Million | 2.577 USD Billion Sep/20
Foreign Exchange Reserves 6770 OMR Million | 17.607 USD Billion Oct/20
Imports 678 OMR Million | 1.763 USD Billion Sep/20
Tourist Arrivals 102 Thousand Persons | 0.102 Million Persons Mar/20


Money Indicators

Indicator Data Period
Gold Reserves 0.02 Tonnes 2Q/20
Interest Rate 0.5 % Dec/20
Money Supply M0 1790 OMR Million | 4.655 USD Billion Oct/20
Money Supply M1 5439 OMR Million | 14.146 USD Billion Oct/20
Money Supply M2 19091 OMR Million | 49.651 USD Billion Oct/20
Central Bank Balance Sheet 7887 OMR Million | 20.512 B USD Oct/20
Deposit Interest Rate 3.45 % 2017
Foreign Direct Investment 2439 OMR Million | 6.343 B USD 2018
Private Sector Credit  18853 OMR Million | 49.033 B USD Oct/20


Labor Indicators

Indicator Data Period
Minimum Wages 400 OMR/Month | 1040.312 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 917 BBL/D/1K Sep/20
Electricity Production 3203 GWh Oct/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
16.373
USD Billion
#46 from 65 countries
Balance of Trade
balance_icon
1.09
USD Billion
#29 from 173 countries


Gold Reserves
gold_reserve_icon
0.02
Tonnes
#108 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
17.607
USD Billion
#58 from 114 countries


Government Budget Value
balance_icon
-1.059
USD Billion
#76 from 113 countries
Inflation Rate
inflation_icon
-1.42
%
#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
3.1
%
#20 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries