Final consumption expenditure in Oman

Oman: Final consumption expenditure was 57.9% in 2024. ▲ Rising

Latest (2024)
57.9%
Change on year
up 2.2%
World rank
173rd
of 187 countries
All-time high
70.1%
in 2020
All-time low
28.0%
in 1969
Years of data
58
1967–2024

Final consumption expenditure in Oman, 1967–2024

020406080196719952024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.

Analysis

The most recent figure for final consumption expenditure in Oman is 57.9%, measured in 2024.

That represents a change of up 2.2% on the previous year and up 13.9% over ten years.

Over the whole period, final consumption expenditure in Oman peaked at 70.1% in 2020 and was at its lowest, 28.0%, in 1969.

Oman ranks 173rd of 187 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 58 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 39.2% 28.0% 57.5% 3
1970s 49.4% 32.2% 61.6% 10
1980s 59.6% 50.4% 69.7% 10
1990s 61.7% 55.8% 68.7% 10
2000s 50.6% 39.4% 56.4% 10
2010s 54.6% 46.1% 64.1% 10
2020s 59.6% 51.9% 70.1% 5

Countries ranked near Oman

  1. 170 Zambia 60.7% compare
  2. 171 Tanzania 60.3% compare
  3. 172 Algeria 60.0% compare
  4. 174 United Arab Emirates 57.1% compare
  5. 175 China 56.7% compare
  6. 176 Bermuda 55.0% compare

See the full ranking of 187 places →

More economy & growth data for Oman

All data for Oman →

Frequently asked questions

What is final consumption expenditure in Oman?
Final consumption expenditure in Oman was 57.9% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest final consumption expenditure recorded in Oman?
The highest recorded value was 70.1% in 2020.
What is the lowest final consumption expenditure recorded in Oman?
The lowest recorded value was 28.0% in 1969.
How does Oman rank for final consumption expenditure?
Oman ranks 173rd out of 187 countries with data for 2024.
Is final consumption expenditure rising or falling in Oman?
Over the last ten years it is up 13.9%. The long-run trend across the full record is rising.
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 Final consumption expenditure (% of GDP). Statizoid updates them automatically from the source API.

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CSV · JSON — 58 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Final consumption expenditure (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,736 data points, 1960–2025
Last refreshed

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.