Trade as a share of GDP in Oman
Oman: Trade as a share of GDP was 114.9% in 2024. ▬ Flat
Trade as a share of GDP in Oman, 1967–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2024, trade as a share of gdp in Oman stood at 114.9%.
The figure is up 7.9% on the previous year and up 12.3% over ten years.
Over the whole period, trade as a share of gdp in Oman peaked at 123.0% in 1973 and was at its lowest, 56.2%, in 1967.
Oman ranks 48th of 191 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 75.9% | 56.2% | 86.5% | 3 |
| 1970s | 107.7% | 93.4% | 123.0% | 10 |
| 1980s | 89.0% | 71.4% | 102.8% | 9 |
| 1990s | 67.9% | 61.2% | 80.5% | 10 |
| 2000s | 87.7% | 81.4% | 94.9% | 10 |
| 2010s | 95.9% | 82.9% | 112.5% | 10 |
| 2020s | 103.0% | 91.9% | 114.9% | 5 |
Countries ranked near Oman
- 45 Fiji 119.0% compare
- 46 Antigua and Barbuda 118.3% compare
- 47 Marshall Islands 115.9% compare
- 49 Serbia 112.9% compare
- 50 Belarus 112.1% compare
- 51 Solomon Islands 111.4% compare
More economy & growth data for Oman
- Exports of goods and services 50.11 billion constant 2015 US$ (2024)
- Gross national expenditure 88.61 billion current US$ (2024)
- Gross national expenditure 34.07 billion current LCU (2024)
- Gross national expenditure 82.64 billion constant 2015 US$ (2024)
- Industry (including construction), value added 20.57 billion constant LCU (2025)
- Gross national expenditure 82.7% (2024)
- Exports of goods and services 70.79 billion current US$ (2024)
- Exports of goods and services 27.22 billion current LCU (2024)
- Gross fixed capital formation 27.36 billion current US$ (2024)
- Industry (including construction), value added 22.23 billion current LCU (2025)
Frequently asked questions
- What is trade as a share of gdp in Oman?
- Trade as a share of gdp in Oman was 114.9% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest trade as a share of gdp recorded in Oman?
- The highest recorded value was 123.0% in 1973.
- What is the lowest trade as a share of gdp recorded in Oman?
- The lowest recorded value was 56.2% in 1967.
- How does Oman rank for trade as a share of gdp?
- Oman ranks 48th out of 191 countries with data for 2024.
- Is trade as a share of gdp rising or falling in Oman?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is flat.
- Where does this Oman data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
Trade in goods and services as a share of GDP, shown as a percentage.