Changes in inventories in Oman
Oman: Changes in inventories was -736.28 million current US$ in 2024. ◆ Volatile
Changes in inventories in Oman, 1998–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, changes in inventories in Oman stood at -736.28 million current US$.
That represents a change of down 129.1% on the previous year and up 34.1% over ten years.
Over the whole period, changes in inventories in Oman peaked at 5.66 billion current US$ in 2008 and was at its lowest, -3.00 billion current US$, in 2020.
Oman ranks 169th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 723.54 million current US$ | 634.85 million current US$ | 812.22 million current US$ | 2 |
| 2000s | 1.89 billion current US$ | -1.79 billion current US$ | 5.66 billion current US$ | 10 |
| 2010s | 160.05 million current US$ | -2.41 billion current US$ | 2.24 billion current US$ | 10 |
| 2020s | 894.77 million current US$ | -3.00 billion current US$ | 4.81 billion current US$ | 5 |
Countries ranked near Oman
More economy & growth data for Oman
- DEC alternative conversion factor 0.3845 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -3.57 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -9.29 billion current US$ (2024)
- Taxes less subsidies on products -228.64 million current LCU (2025)
- Taxes less subsidies on products -594.64 million current US$ (2025)
- Net primary income (Net income from abroad) -2.37 billion current LCU (2024)
- Net primary income (Net income from abroad) -6.17 billion current US$ (2024)
- GNI per capita 7,351 current LCU (2024)
- GNI per capita, Atlas method 19,520 current US$ (2024)
- GNI 38.82 billion current LCU (2024)
Frequently asked questions
- What is changes in inventories in Oman?
- Changes in inventories in Oman was -736.28 million current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Oman?
- The highest recorded value was 5.66 billion current US$ in 2008.
- What is the lowest changes in inventories recorded in Oman?
- The lowest recorded value was -3.00 billion current US$ in 2020.
- How does Oman rank for changes in inventories?
- Oman ranks 169th out of 185 countries with data for 2024.
- Is changes in inventories rising or falling in Oman?
- Over the last ten years it is up 34.1%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Changes in inventories (current US$). Statizoid updates them automatically from the source API.
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About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.