Gross national expenditure in Oman

Oman: Gross national expenditure was 34.07 billion current LCU in 2024. ◆ Volatile

Latest (2024)
34.07 billion current LCU
Change on year
up 0.2%
World rank
158th
of 185 countries
All-time high
34.07 billion current LCU
in 2024
All-time low
34.40 million current LCU
in 1967
Years of data
58
1967–2024

Gross national expenditure in Oman, 1967–2024

010.0B20.0B30.0B196719952024

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

Analysis

The most recent figure for gross national expenditure in Oman is 34.07 billion current LCU, measured in 2024. That is the highest value across all 58 years on record.

The figure is up 0.2% on the previous year and up 20.4% over ten years.

Over the whole period, gross national expenditure in Oman peaked at 34.07 billion current LCU in 2024 and was at its lowest, 34.40 million current LCU, in 1967.

Oman ranks 158th 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

DecadeAverage LowestHighest Years
1960s 35.60 million current LCU 34.40 million current LCU 37.30 million current LCU 3
1970s 484.99 million current LCU 49.10 million current LCU 1.03 billion current LCU 10
1980s 2.42 billion current LCU 1.55 billion current LCU 3.02 billion current LCU 10
1990s 4.72 billion current LCU 3.41 billion current LCU 6.59 billion current LCU 10
2000s 11.78 billion current LCU 6.47 billion current LCU 21.85 billion current LCU 10
2010s 27.27 billion current LCU 19.54 billion current LCU 30.98 billion current LCU 10
2020s 32.01 billion current LCU 28.53 billion current LCU 34.07 billion current LCU 5

Countries ranked near Oman

  1. 155 Seychelles 39.74 billion current LCU compare
  2. 156 Turkmenistan 39.34 billion current LCU compare
  3. 157 Cyprus 34.42 billion current LCU compare
  4. 159 Faroe Islands 27.00 billion current LCU compare
  5. 160 Sao Tome and Principe 25.55 billion current LCU compare
  6. 161 Greenland 25.28 billion current LCU compare

See the full ranking of 185 places →

More economy & growth data for Oman

All data for Oman →

Frequently asked questions

What is gross national expenditure in Oman?
Gross national expenditure in Oman was 34.07 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross national expenditure recorded in Oman?
The highest recorded value was 34.07 billion current LCU in 2024.
What is the lowest gross national expenditure recorded in Oman?
The lowest recorded value was 34.40 million current LCU in 1967.
How does Oman rank for gross national expenditure?
Oman ranks 158th out of 185 countries with data for 2024.
Is gross national expenditure rising or falling in Oman?
Over the last ten years it is up 20.4%. 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 Gross national expenditure (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross national expenditure (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,556 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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.