Economy & Growth in Oman 375 indicators covering economy & growth for Oman. IndicatorLatest Year10-yr change Rank Share of government consumption in GDP vs. GDP per capita 16.1% 2023 down 14.9% 128th Military spending as a share of GDP 5.7% 2025 down 40.6% 11th GNI per capita 13,430 US$ 2020 down 23.4% 67th Imports of personal protective equipment per capita 8.49 current US$ 2021 up 196.0% 73rd Adjusted net savings, including particulate emission damage -10.3% 2021 down 144.3% 152nd Merchandise exports by continent of destination 0.1% 2014 down 83.8% 95th Gross domestic product (GDP) 49.71 billion current GBP 2014 up 267.5% 66th Value of imported goods as a share of GDP 36.0% 2014 up 3.4% 108th Share of the population who are undernourished vs. GDP per capita 5.9 percent 2023 down 14.5% 78th Divergence of GDP per capita among latecomers to the capitalist revolution 36,478 2011$ 2018 down 10.8% 25th GDP price levels relative to the US 0.486 2024 down 7.2% 87th Price level relative to the US vs. GDP per capita 0.486 2024 down 7.2% 87th Changes in inventories -263.60 million constant LCU 2024 up 48.4% 92nd PPP conversion factor for private consumption 0.1819 LCU per international $ 2025 down 16.6% 200th External balance on goods and services 6.49 billion constant LCU 2024 up 54.3% 43rd Exposure to PM2.5 air pollution vs. GDP per capita 46.86 micrograms per cubic meter 2023 down 1.7% 14th Tax revenue as share of GDP 4.4% 2023 up 97.2% 181st Adjusted net savings, excluding particulate emission damage -8.39 billion current US$ 2021 down 184.0% 161st Share of central government spending funded by taxes 5.6% 2013 up 5.8% 171st Discrepancy in expenditure estimate of GDP 94,000 constant LCU 2024 up 147.0% 56th Adjusted net savings, including particulate emission damage -8.49 billion current US$ 2021 down 173.8% 157th Adjusted net savings per capita -1,877 current US$ 2021 down 94.2% 157th Inequality of food consumption vs. GDP per capita 0.26 2020 unchanged 88th Alcohol consumption vs. GDP per capita 0.51 liters of pure alcohol, projected estimates, 15+ years of age 2020 down 42.0% 159th Taxes on incomes of individuals and corporations as share of GDP 1.1% 2013 up 76.3% 176th Gross fixed capital formation, private sector 5.5% 1997 up 0.3% 97th Military spending as a share of GDP 8.3% 2019 up 65.1% 3rd Gross fixed capital formation, private sector 381.20 million current LCU 1997 up 131.6% 96th Augmented Human Development Index vs. GDP per capita 0.3892 2020 up 16.6% 86th Augmented Human Development Index (excluding income) 0.3258 2020 up 26.5% 87th GDP per capita 5,932 international-$ in 1990 prices 2020 down 32.5% 82nd Foreign aid and investments received 1.25 billion millions of current united states dollars 2010 up 517.4% 62nd Total official flows commitments for aid for trade, by recipient 1.18 million millions of constant united states dollars 2010 — 140th Homicide rate vs. GDP per capita 0.1386 homicides per 100,000 population 2023 down 94.5% 170th Share of GDP spent on education vs. share of government spending assigned to education 14.2% 2022 up 28.0% 73rd Rank in the Economic Complexity Index 56 2016 down 31.7% 58th Economic complexity rank vs. GDP per capita 56 2016 down 31.7% 58th Domestic material consumption per capita 33.57 tonnes 2023 up 16.4% 12th Share of global merchandise exports 0.3% 2023 down 10.3% 51st Total market capitalization of listed domestic companies as a share of GDP 37.7% 2025 down 27.9% 47th Annual GDP growth 1.3% 2023 down 75.0% 149th Medium and high-tech manufacturing value added 45.0% 2022 down 6.6% 20th Taxes as a share of cigarette price 66.0% 2022 up 197.2% 71st Annual working hours vs. productivity 2,266 hours per worker 2023 down 2.1% 21st Value of exported goods as a share of GDP 65.1% 2014 up 20.4% 22nd Current account balance as a share of GDP 2.4% 2023 down 58.8% 51st Net portfolio investment 7.97 billion usd 2023 up 2,353.7% 24th Share of global services exports 0.1% 2022 down 16.7% 93rd People affected by disasters vs. GDP per capita 26.34 affected per 100,000 people 2024 down 81.6% 109th Annual growth of imports of goods and services 19.6% 2022 down 0.7% 13th Annual growth of exports of goods and services 16.5% 2022 up 192.7% 22nd International tourist departures per 1,000 people vs. GDP per capita 1,060 departures per 1,000 people 2024 up 26.4% 15th Total reserves in months of imports 3.83 ratio 2023 down 6.1% 93rd Share of adults who smoke or use other tobacco vs. GDP per capita 8.4% 2022 up 7.7% 147th Annual growth in government consumption spending 4.0% 2022 down 78.7% 38th Annual broad money growth 4.2% 2017 down 87.9% 116th Government revenues as a share of GDP 49.9% 2013 up 22.0% 11th Annual growth of the gross capital formation 18.3% 2022 down 10.0% 23rd Alcohol consumption per person 0.51 liters of pure alcohol, projected estimates, 15+ years of age 2020 down 42.0% 159th Primary energy from hydropower 0 terawatt-hours 2025 — 71st ← Previous Page 6 of 7 Next →