Oman - Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Oman was 34,017,000,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 35,543,500,000 in 2018 and a minimum value of 26,448,900,000 in 2010.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.

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

Year Value
2010 26,448,900,000
2011 27,278,600,000
2012 29,666,500,000
2013 31,216,300,000
2014 31,645,500,000
2015 33,254,600,000
2016 34,902,100,000
2017 35,051,800,000
2018 35,543,500,000
2019 35,154,300,000
2020 34,017,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts