Discrepancy in expenditure estimate of GDP in Oman
Oman: Discrepancy in expenditure estimate of GDP was 351,800 current LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Oman, 1967–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for discrepancy in expenditure estimate of gdp in Oman is 351,800 current LCU, measured in 2024.
Compared with earlier readings it is up 3,642.6% on the previous year and up 451.8% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Oman peaked at 714.20 million current LCU in 1996 and was at its lowest, -2.70 million current LCU, in 1986.
That places Oman 49th out of 185 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 current LCU | 0 current LCU | 0 current LCU | 3 |
| 1970s | 620,030 current LCU | -999,900 current LCU | 7.20 million current LCU | 10 |
| 1980s | 33.33 million current LCU | -2.70 million current LCU | 298.70 million current LCU | 9 |
| 1990s | 503.20 million current LCU | 400,000 current LCU | 714.20 million current LCU | 10 |
| 2000s | -80,000 current LCU | -400,000 current LCU | 900,000 current LCU | 10 |
| 2010s | -260,000 current LCU | -1.00 million current LCU | 900,000 current LCU | 10 |
| 2020s | 552,240 current LCU | 0 current LCU | 1.70 million current LCU | 5 |
Countries ranked near Oman
- 47 Djibouti 645,700 current LCU compare
- 48 Central African Republic 495,800 current LCU compare
- 50 East Timor 345,815 current LCU compare
- 51 Uruguay 200,000 current LCU compare
- 52 Costa Rica 100,000 current LCU compare
- 52 Faroe Islands 100,000 current LCU compare
- 52 Honduras 100,000 current LCU compare
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 discrepancy in expenditure estimate of gdp in Oman?
- Discrepancy in expenditure estimate of gdp in Oman was 351,800 current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Oman?
- The highest recorded value was 714.20 million current LCU in 1996.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Oman?
- The lowest recorded value was -2.70 million current LCU in 1986.
- How does Oman rank for discrepancy in expenditure estimate of gdp?
- Oman ranks 49th out of 185 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Oman?
- Over the last ten years it is up 451.8%. 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 Discrepancy in expenditure estimate of GDP (current LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.