Trade in Oman
Oman: Trade was 114.9% in 2024. ▬ Flat
Trade in Oman, 1967–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for trade in Oman is 114.9%, measured in 2024.
That represents a change of up 7.9% on the previous year and up 12.3% over ten years.
Over the whole period, trade in Oman peaked at 123.0% in 1973 and was at its lowest, 56.2%, in 1967.
That places Oman 49th out of 192 countries with data for 2024, putting it in the middle of the range.
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
- 46 Antigua and Barbuda 118.3% compare
- 48 Marshall Islands 115.9% compare
- 50 Serbia 112.9% compare
- 51 Belarus 112.1% compare
- 52 Solomon Islands 111.4% 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 trade in Oman?
- Trade in Oman was 114.9% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Oman?
- The highest recorded value was 123.0% in 1973.
- What is the lowest trade recorded in Oman?
- The lowest recorded value was 56.2% in 1967.
- How does Oman rank for trade?
- Oman ranks 49th out of 192 countries with data for 2024.
- Is trade 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Trade is the sum of exports and imports of goods and services. 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.