The Gross Domestic Product (GDP) in Oman was worth 72.64 billion US dollars in 2017. The GDP value of Oman represents 0.12 percent of the world economy. GDP in Oman averaged 19.50 USD Billion from 1960 until 2017, 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 74.00 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 79.00 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 72.64 66.82 81.08 0.04 USD Billion [+]
GDP Constant Prices 27750.10 25694.00 27750.10 2185.00 OMR Million [+]
Gross Fixed Capital Formation 7847.70 8166.40 8517.30 1681.10 OMR Million [+]
GDP per capita 16144.40 16962.30 19408.60 713.70 USD [+]
GDP per capita PPP 37960.70 39884.00 45636.00 35042.10 USD [+]
Gross National Product 26098.30 24602.00 29525.80 2098.00 OMR Million [+]
GDP From Agriculture 529.40 494.80 529.40 168.20 OMR Million [+]
GDP From Construction 2109.20 2285.10 2285.10 159.00 OMR Million [+]
GDP From Manufacturing 2663.40 2449.30 3279.50 252.00 OMR Million [+]
GDP From Mining 151.50 131.00 151.50 19.10 OMR Million [+]
GDP From Public Administration 3652.10 3708.10 3708.10 646.40 OMR Million [+]
GDP From Services 14254.90 13794.90 14254.90 2825.80 OMR Million [+]
GDP From Transport 1623.80 1482.10 1623.80 325.10 OMR Million [+]
GDP From Utilities 571.70 540.90 571.70 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
72.64 66.82 81.08 0.04 1960 - 2017 USD Billion Yearly
Current USD




Country Last Previous
United States 19390.60 Dec/17
Euro Area 12589.50 Dec/17
China 12237.70 Dec/17
Japan 4872.14 Dec/17
Germany 3677.44 Dec/17
United Kingdom 2622.43 Dec/17
India 2597.49 Dec/17
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Italy 1934.80 Dec/17
Canada 1653.04 Dec/17
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Spain 1311.32 Dec/17
Mexico 1149.92 Dec/17
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Netherlands 826.20 Dec/17
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Switzerland 678.89 Dec/17
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South Africa 349.42 Dec/17
Singapore 323.91 Dec/17


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