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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 -1.22 % Sep/20
Interest Rate 1 % Sep/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 6663 OMR Million | 17.329 B USD Aug/20
Government Debt 14492 OMR Million | 14.492 B USD 2018


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 -724 OMR Million | -1.883 USD Billion Jul/20
Government Spending 5825 OMR Million | 15.15 USD Billion 2019
Government Debt 14492 OMR Million | 14.492 USD Billion 2018
Government Revenues 358 OMR Million | 0.931 USD Billion Jul/20
Fiscal Expenditure  1082 OMR Million | 2.814 B USD Jul/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 Sep/20
Food Inflation 0.8 % Aug/20
Gasoline Prices 0.48 USD/Liter Sep/20
Inflation Rate YoY -1.22 % Sep/20
Producer Prices 102 index points 2Q/20
Inflation Rate Mom -0.43 % Sep/20
CPI Housing Utilities 104 Index Points Sep/20
CPI Transportation 106 Index Points Sep/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 796 OMR Million | 2.07 USD Billion Jun/20
Foreign Exchange Reserves 6663 OMR Million | 17.329 USD Billion Aug/20
Imports 594 OMR Million | 1.545 USD Billion Jun/20
Tourist Arrivals 102 Thousand Persons | 0.102 Million Persons Mar/20


Money Indicators

Indicator Data Period
Gold Reserves 0.02 Tonnes 4Q/19
Interest Rate 1 % Sep/20
Money Supply M0 1811 OMR Million | 4.71 USD Billion Aug/20
Money Supply M1 5724 OMR Million | 14.887 USD Billion Aug/20
Money Supply M2 19159 OMR Million | 49.828 USD Billion Aug/20
Central Bank Balance Sheet 7822 OMR Million | 20.343 B USD Aug/20
Deposit Interest Rate 3.45 % 2017
Foreign Direct Investment 2439 OMR Million | 6.343 B USD 2018
Private Sector Credit  18811 OMR Million | 48.923 B USD Aug/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 894 BBL/D/1K Jun/20
Electricity Production 4186 GWh Aug/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
1.09
USD Billion
#29 from 173 countries


Gold Reserves
gold_reserve_icon
0.02
Tonnes
#108 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
17.329
USD Billion
#58 from 114 countries


Government Budget Value
balance_icon
-1.883
USD Billion
#76 from 113 countries
Inflation Rate
inflation_icon
-1.22
%
#151 from 174 countries


Interest Rate
discount_rate_icon
1
%
#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