Gross domestic income in Oman

Oman: Gross domestic income was 37.67 billion constant LCU in 2024. ▲ Rising

Latest (2024)
37.67 billion constant LCU
Change on year
up 1.1%
World rank
141st
of 178 countries
All-time high
38.62 billion constant LCU
in 2022
All-time low
10.10 billion constant LCU
in 1998
Years of data
27
1998–2024

Gross domestic income in Oman, 1998–2024

10.0B20.0B30.0B40.0B1998201120241998: 10.1B constant LCU1999: 10.7B constant LCU2000: 12.0B constant LCU2001: 12.2B constant LCU2002: 12.5B constant LCU2003: 13.4B constant LCU2004: 15.0B constant LCU2005: 17.2B constant LCU2006: 19.2B constant LCU2007: 21.5B constant LCU2008: 25.9B constant LCU2009: 23.2B constant LCU2010: 26.5B constant LCU2011: 30.5B constant LCU2012: 34.5B constant LCU2013: 35.0B constant LCU2014: 34.8B constant LCU2015: 30.2B constant LCU2016: 29.6B constant LCU2017: 32.5B constant LCU2018: 35.2B constant LCU2019: 34.2B constant LCU2020: 30.7B constant LCU2021: 32.8B constant LCU2022: 38.6B constant LCU2023: 37.3B constant LCU2024: 37.7B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

The most recent figure for gross domestic income in Oman is 37.67 billion constant LCU, measured in 2024.

Compared with earlier readings it is up 1.1% on the previous year and up 8.3% over ten years.

Over the whole period, gross domestic income in Oman peaked at 38.62 billion constant LCU in 2022 and was at its lowest, 10.10 billion constant LCU, in 1998.

Oman ranks 141st of 178 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 27 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 10.42 billion constant LCU 10.10 billion constant LCU 10.73 billion constant LCU 2
2000s 17.22 billion constant LCU 12.01 billion constant LCU 25.93 billion constant LCU 10
2010s 32.31 billion constant LCU 26.55 billion constant LCU 35.18 billion constant LCU 10
2020s 35.41 billion constant LCU 30.68 billion constant LCU 38.62 billion constant LCU 5

Countries ranked near Oman

  1. 138 Cuba 47.54 billion constant LCU compare
  2. 139 Bosnia and Herzegovina 43.69 billion constant LCU compare
  3. 140 Turkmenistan 43.61 billion constant LCU compare
  4. 142 Kuwait 36.28 billion constant LCU compare
  5. 143 Latvia 32.29 billion constant LCU compare
  6. 144 Eritrea 31.75 billion constant LCU compare

See the full ranking of 178 places →

More economy & growth data for Oman

All data for Oman →

Frequently asked questions

What is gross domestic income in Oman?
Gross domestic income in Oman was 37.67 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross domestic income recorded in Oman?
The highest recorded value was 38.62 billion constant LCU in 2022.
What is the lowest gross domestic income recorded in Oman?
The lowest recorded value was 10.10 billion constant LCU in 1998.
How does Oman rank for gross domestic income?
Oman ranks 141st out of 178 countries with data for 2024.
Is gross domestic income rising or falling in Oman?
Over the last ten years it is up 8.3%. 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 Gross domestic income (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross domestic income (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 7,576 data points, 1960–2025
Last refreshed

Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.