Oman - GDP

GDP (current US$)

The latest value for GDP (current US$) in Oman was $73,971,390,000 as of 2020. Over the past 55 years, the value for this indicator has fluctuated between $92,699,090,000 in 2014 and $63,287,600 in 1965.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

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

See also:

Year Value
1965 $63,287,600
1966 $67,768,140
1967 $107,152,700
1968 $188,864,900
1969 $239,980,800
1970 $256,299,500
1971 $301,010,600
1972 $366,857,700
1973 $483,033,900
1974 $1,645,918,000
1975 $2,096,699,000
1976 $2,560,220,000
1977 $2,741,170,000
1978 $2,740,301,000
1979 $3,733,353,000
1980 $5,981,761,000
1981 $7,259,120,000
1982 $7,554,719,000
1983 $7,932,541,000
1984 $8,821,367,000
1985 $10,005,500,000
1986 $7,323,822,000
1987 $7,811,183,000
1988 $8,386,216,000
1989 $9,372,171,000
1990 $11,685,050,000
1991 $11,341,480,000
1992 $12,452,280,000
1993 $12,493,110,000
1994 $12,918,860,000
1995 $13,802,600,000
1996 $15,277,760,000
1997 $15,837,450,000
1998 $13,996,910,000
1999 $15,593,460,000
2000 $19,507,450,000
2001 $19,452,000,000
2002 $20,142,760,000
2003 $21,633,710,000
2004 $24,763,710,000
2005 $31,081,990,000
2006 $37,215,780,000
2007 $42,085,380,000
2008 $60,905,450,000
2009 $48,388,360,000
2010 $64,993,500,000
2011 $77,497,530,000
2012 $87,408,840,000
2013 $89,936,020,000
2014 $92,699,090,000
2015 $78,710,790,000
2016 $75,128,740,000
2017 $80,856,690,000
2018 $91,505,850,000
2019 $88,060,850,000
2020 $73,971,390,000

GDP (current LCU)

The value for GDP (current LCU) in Oman was 28,442,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 35,642,800,000 in 2014 and a minimum value of 15,800,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

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

Year Value
1960 15,800,000
1961 16,300,000
1962 20,100,000
1963 21,400,000
1964 22,100,000
1965 22,600,000
1966 24,200,000
1967 38,800,000
1968 78,700,000
1969 100,000,000
1970 106,800,000
1971 125,100,000
1972 140,800,000
1973 169,400,000
1974 568,500,000
1975 724,199,900
1976 884,300,000
1977 946,800,100
1978 946,500,100
1979 1,289,500,000
1980 2,066,100,000
1981 2,507,300,000
1982 2,609,400,000
1983 2,739,900,000
1984 3,046,900,000
1985 3,455,900,000
1986 2,797,700,000
1987 3,003,400,000
1988 3,224,500,000
1989 3,603,600,000
1990 4,492,900,000
1991 4,360,800,000
1992 4,787,900,000
1993 4,803,600,000
1994 4,967,300,000
1995 5,307,100,000
1996 5,874,300,000
1997 6,089,500,000
1998 5,381,814,000
1999 5,995,684,000
2000 7,500,616,000
2001 7,479,294,000
2002 7,744,890,000
2003 8,318,161,000
2004 9,521,648,000
2005 11,951,030,000
2006 14,309,470,000
2007 16,181,830,000
2008 23,418,150,000
2009 18,605,330,000
2010 24,990,000,000
2011 29,797,800,000
2012 33,608,700,000
2013 34,580,400,000
2014 35,642,800,000
2015 30,264,300,000
2016 28,887,000,000
2017 31,089,400,000
2018 35,184,000,000
2019 33,859,400,000
2020 28,442,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Oman was 28,442,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 35,642,800,000 in 2014 and 4,948,665,000 in 1991.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 5,098,573,000
1991 4,948,665,000
1992 5,433,341,000
1993 5,451,158,000
1994 5,636,925,000
1995 6,022,533,000
1996 6,666,195,000
1997 6,910,405,000
1998 6,145,915,000
1999 6,846,942,000
2000 8,565,542,000
2001 8,541,193,000
2002 8,844,498,000
2003 9,499,161,000
2004 10,873,520,000
2005 13,647,810,000
2006 16,341,100,000
2007 18,479,300,000
2008 26,743,020,000
2009 21,246,880,000
2010 24,990,000,000
2011 29,797,800,000
2012 33,608,700,000
2013 34,580,400,000
2014 35,642,800,000
2015 30,264,300,000
2016 28,887,000,000
2017 31,089,400,000
2018 35,184,000,000
2019 33,859,400,000
2020 28,442,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Oman was 80,394,700,000 as of 2020. Over the past 55 years, the value for this indicator has fluctuated between 84,001,730,000 in 2018 and 1,595,622,000 in 1965.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

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

See also:

Year Value
1965 1,595,622,000
1966 1,678,665,000
1967 2,790,262,000
1968 5,075,147,000
1969 6,377,742,000
1970 7,263,935,000
1971 7,329,182,000
1972 8,049,291,000
1973 6,902,101,000
1974 7,695,760,000
1975 9,576,104,000
1976 11,543,050,000
1977 11,659,310,000
1978 11,228,670,000
1979 11,715,070,000
1980 12,422,120,000
1981 14,539,730,000
1982 16,221,960,000
1983 18,925,620,000
1984 22,088,390,000
1985 25,182,360,000
1986 25,686,550,000
1987 24,802,730,000
1988 26,281,970,000
1989 29,371,900,000
1990 29,333,590,000
1991 31,115,340,000
1992 33,733,350,000
1993 35,771,840,000
1994 37,158,280,000
1995 39,015,010,000
1996 40,203,380,000
1997 42,629,060,000
1998 43,755,460,000
1999 43,900,510,000
2000 46,776,460,000
2001 48,873,360,000
2002 48,335,310,000
2003 47,045,440,000
2004 47,653,360,000
2005 48,840,040,000
2006 51,463,670,000
2007 53,755,180,000
2008 58,163,150,000
2009 61,718,310,000
2010 62,776,160,000
2011 64,593,280,000
2012 70,318,260,000
2013 73,994,290,000
2014 74,950,480,000
2015 78,710,790,000
2016 82,682,870,000
2017 82,934,280,000
2018 84,001,730,000
2019 83,053,170,000
2020 80,394,700,000

GDP (constant LCU)

The value for GDP (constant LCU) in Oman was 33,673,200,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 35,184,000,000 in 2018 and a minimum value of 668,323,800 in 1965.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

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

Year Value
1965 668,323,800
1966 703,106,600
1967 1,168,697,000
1968 2,125,718,000
1969 2,671,308,000
1970 3,042,489,000
1971 3,069,817,000
1972 3,371,434,000
1973 2,890,935,000
1974 3,223,358,000
1975 4,010,937,000
1976 4,834,789,000
1977 4,883,486,000
1978 4,703,113,000
1979 4,906,839,000
1980 5,202,989,000
1981 6,089,946,000
1982 6,794,543,000
1983 7,926,967,000
1984 9,251,689,000
1985 10,547,590,000
1986 10,758,770,000
1987 10,388,590,000
1988 11,008,160,000
1989 12,302,380,000
1990 12,286,330,000
1991 13,032,610,000
1992 14,129,160,000
1993 14,982,980,000
1994 15,563,690,000
1995 16,341,380,000
1996 16,839,130,000
1997 17,855,120,000
1998 18,326,910,000
1999 18,387,660,000
2000 19,592,250,000
2001 20,470,530,000
2002 20,245,170,000
2003 19,704,910,000
2004 19,959,540,000
2005 20,456,580,000
2006 21,555,480,000
2007 22,515,280,000
2008 24,361,550,000
2009 25,850,620,000
2010 26,293,700,000
2011 27,054,800,000
2012 29,452,700,000
2013 30,992,400,000
2014 31,392,900,000
2015 32,967,900,000
2016 34,631,600,000
2017 34,736,900,000
2018 35,184,000,000
2019 34,786,700,000
2020 33,673,200,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Oman was 158,920,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 181,369,000,000 in 2013 and 47,475,090,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 47,475,090,000
1991 52,061,770,000
1992 57,728,460,000
1993 62,668,020,000
1994 66,486,980,000
1995 71,273,050,000
1996 74,788,720,000
1997 80,719,140,000
1998 83,784,520,000
1999 85,275,970,000
2000 92,893,660,000
2001 99,186,790,000
2002 99,646,460,000
2003 98,788,450,000
2004 102,759,000,000
2005 108,598,000,000
2006 117,895,000,000
2007 126,453,000,000
2008 139,483,000,000
2009 149,137,000,000
2010 153,461,000,000
2011 161,202,000,000
2012 177,870,000,000
2013 181,369,000,000
2014 178,709,000,000
2015 152,786,000,000
2016 148,656,000,000
2017 155,415,000,000
2018 161,195,000,000
2019 162,220,000,000
2020 158,920,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Oman was 150,656,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 157,415,000,000 in 2018 and 54,969,770,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 54,969,770,000
1991 58,308,680,000
1992 63,214,700,000
1993 67,034,740,000
1994 69,632,860,000
1995 73,112,290,000
1996 75,339,240,000
1997 79,884,850,000
1998 81,995,680,000
1999 82,267,490,000
2000 87,656,880,000
2001 91,586,370,000
2002 90,578,090,000
2003 88,160,930,000
2004 89,300,150,000
2005 91,523,920,000
2006 96,440,480,000
2007 100,735,000,000
2008 108,995,000,000
2009 115,657,000,000
2010 117,640,000,000
2011 121,045,000,000
2012 131,773,000,000
2013 138,662,000,000
2014 140,454,000,000
2015 147,500,000,000
2016 154,944,000,000
2017 155,415,000,000
2018 157,415,000,000
2019 155,638,000,000
2020 150,656,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts