The Gross Domestic Product (GDP) in Oman was worth 79.29 billion US dollars in 2018. The GDP value of Oman represents 0.13 percent of the world economy. GDP in Oman averaged 20.46 USD Billion from 1960 until 2018, reaching an all time high of 81.08 USD Billion in 2014 and a record low of 0.04 USD Billion in 1960.

GDP in Oman is expected to be 79.50 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman GDP is projected to trend around 87.50 USD Billion in 2020, according to our econometric models.

Oman GDP
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Oman GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -0.90 5.00 13.10 -0.90 percent [+]
GDP 79.29 70.78 81.08 0.04 USD Billion [+]
GDP Constant Prices 28481.60 28748.50 28748.50 2185.00 OMR Million [+]
Gross Fixed Capital Formation 7847.70 8166.40 8517.30 1681.10 OMR Million [+]
GDP per capita 15663.90 15875.60 19454.20 713.70 USD [+]
GDP per capita PPP 36830.90 37328.60 45743.20 35042.10 USD [+]
Gross National Product 26098.30 24602.00 29525.80 2098.00 OMR Million [+]
GDP From Agriculture 670.20 627.00 670.20 168.20 OMR Million [+]
GDP From Construction 1986.10 2114.90 2285.10 159.00 OMR Million [+]
GDP From Manufacturing 3011.00 2778.70 3279.50 252.00 OMR Million [+]
GDP From Mining 171.00 147.40 171.00 19.10 OMR Million [+]
GDP From Public Administration 3575.80 3528.70 3708.10 646.40 OMR Million [+]
GDP From Services 14437.50 14038.70 14437.50 2825.80 OMR Million [+]
GDP From Transport 1649.20 1623.70 1649.20 325.10 OMR Million [+]
GDP From Utilities 567.00 540.90 567.00 67.70 OMR Million [+]


Oman GDP

Oman is one of the world´s biggest oil producing countries and oil and natural gas extraction account for 51 percent of GDP. The services sector represents 37 percent of the wealth. Within services the largest segments are: wholesale and retail trade (8 percent of GDP); public administration and defense (7 percent) and transport, storage and communication (6.8 percent). Manufacturing and mining contribute for 6 percent of GDP, construction and electricity and water distribution for 5 percent and agriculture for the remaining 1 percent. This page provides - Oman GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
79.29 70.78 81.08 0.04 1960 - 2018 USD Billion Yearly
Current USD




Country Last Previous
United States 20494.10 Dec/18
Euro Area 13669.95 Dec/18
China 13608.15 Dec/18
Japan 4970.92 Dec/18
Germany 3996.76 Dec/18
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France 2777.54 Dec/18
India 2726.32 Dec/18
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Switzerland 705.50 Dec/18
Argentina 518.50 Dec/18
South Africa 366.30 Dec/18
Singapore 364.16 Dec/18


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