Oman - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Oman was 4.07 as of 2011. As the graph below shows, over the past 10 years this indicator reached a maximum value of 12.09 in 2008 and a minimum value of -0.82 in 2001.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
2001 -0.82
2002 -0.29
2003 0.19
2004 0.76
2005 1.86
2006 3.20
2007 5.96
2008 12.09
2009 3.94
2010 3.20
2011 4.07

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Oman was 17.62 as of 2011. As the graph below shows, over the past 50 years this indicator reached a maximum value of 200.99 in 1974 and a minimum value of -23.46 in 2009.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 2.00
1962 2.60
1963 1.85
1964 3.19
1965 1.81
1966 1.78
1967 -3.54
1968 11.52
1969 1.11
1970 -6.23
1971 16.09
1972 2.48
1973 40.31
1974 200.99
1975 2.37
1976 1.30
1977 6.00
1978 3.80
1979 30.58
1980 51.11
1981 3.68
1982 -6.72
1983 -10.00
1984 -4.72
1985 -0.51
1986 -20.63
1987 11.18
1988 1.32
1989 0.00
1990 24.84
1991 -8.50
1992 1.27
1993 -5.39
1994 -0.45
1995 1.76
1996 7.42
1997 -2.24
1998 -13.35
1999 11.67
2000 19.98
2001 -6.58
2002 -2.01
2003 7.12
2004 10.77
2005 20.45
2006 12.88
2007 6.60
2008 28.14
2009 -23.46
2010 18.69
2011 17.62

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices