Oman GDP2022 Data - 2023 Forecast - 1960-2021 Historical - Chart - News

Name: Oman GDP
Creator: TRADING ECONOMICS
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Keywords: Oman,GDP,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

The Gross Domestic Product (GDP) in Oman was worth 85.87 billion US dollars in 2021, according to official data from the World Bank. The GDP value of Oman represents 0.06 percent of the world economy. source: World Bank

GDP in Oman averaged 24.93 USD Billion from 1960 until 2021, reaching an all time high of 92.70 USD Billion in 2014 and a record low of 0.04 USD Billion in 1960. This page provides - Oman GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman GDP - values, historical data and charts - was last updated on September of 2022.

GDP in Oman is expected to reach 75.00 USD Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman GDP is projected to trend around 75.00 USD Billion in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
GDP	85.87	73.97	USD Billion	Dec 2021
GDP per Capita	15743.22	16694.13	USD	Dec 2020
GDP per Capita PPP	29502.06	31284.02	USD	Dec 2020
GDP from Utilities	817.30	841.50	OMR Million	Dec 2021
GDP from Transport	1299.20	1211.70	OMR Million	Dec 2021
GDP from Services	16571.40	15394.50	OMR Million	Dec 2021
GDP from Public Administration	3598.50	3042.30	OMR Million	Dec 2021
GDP from Mining	230.20	254.20	OMR Million	Dec 2021
GDP from Manufacturing	3195.60	2114.20	OMR Million	Dec 2021
GDP from Construction	2444.00	2527.90	OMR Million	Dec 2021
GDP from Agriculture	785.50	752.40	OMR Million	Dec 2021

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.