The gross domestic product in Oman expanded 1.6% in 2024, following a 1.2% growth in the previous year. GDP Annual Growth Rate in Oman averaged 2.92 percent from 1999 until 2024, reaching an all time high of 9.10 percent in 2012 and a record low of -3.40 percent in 2020. source: National Center for Statistics & Information - Oman
GDP Annual Growth Rate in Oman is expected to reach 3.10 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman GDP Annual Growth Rate is projected to trend around 4.40 percent in 2026, according to our econometric models.