Oman GDP Annual Growth Rate  2000-2017 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Oman contracted 5.10 percent in 2016 from the previous year. GDP Annual Growth Rate in Oman averaged 3.96 percent from 2000 until 2016, reaching an all time high of 13.10 percent in 2008 and a record low of -14.10 percent in 2015.

Oman GDP Annual Growth Rate
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Oman GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -5.10 -14.10 13.10 -14.10 percent [+]
GDP 66.29 69.83 81.03 0.04 USD Billion [+]
GDP Constant Prices 25489.80 26850.30 26850.30 2185.00 OMR Million [+]
Gross Fixed Capital Formation 8534.10 8517.30 8534.10 1681.10 OMR Million [+]
GDP per capita 17071.00 17132.10 19408.60 713.67 USD [+]
GDP per capita PPP 40139.00 40282.70 45635.50 35041.80 USD [+]
Gross National Product 25489.80 25960.30 29486.70 2098.00 OMR Million [+]
GDP From Agriculture 506.00 435.20 506.00 168.20 OMR Million [+]
GDP From Construction 2285.10 2067.10 2285.10 159.00 OMR Million [+]
GDP From Manufacturing 2159.10 2607.00 3279.50 252.00 OMR Million [+]
GDP From Mining 139.60 132.40 139.60 19.10 OMR Million [+]
GDP From Public Administration 3794.90 3408.20 3794.90 646.40 OMR Million [+]
GDP From Services 13644.20 13408.90 13644.20 2825.80 OMR Million [+]
GDP From Transport 1425.00 1548.70 1548.70 325.10 OMR Million [+]
GDP From Utilities 548.30 520.20 548.30 67.70 OMR Million [+]


Oman GDP Annual Growth Rate Notes

Oman's economy relies heavily on oil production. The petroleum sector accounts for around 87 percent of budget revenues, 51 percent of GDP and 60 percent of total exports. However, as oil reserved have been shrinking in recent years the government has embarked on a process of economic diversification focused on development of tourism and gas based industries. This page provides the latest reported value for - Oman GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Oman GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-5.10 -14.10 13.10 -14.10 2000 - 2016 percent Yearly
2000=100



gdp annual growth rate by Country

Last
China 6.90 Jun/17
India 6.10 Mar/17
Indonesia 5.01 Mar/17
Turkey 5.00 Mar/17
Netherlands 3.20 Mar/17
Spain 3.00 Mar/17
South Korea 2.90 Mar/17
Mexico 2.80 Mar/17
Canada 2.30 Mar/17
United States 2.10 Mar/17
Euro Area 1.90 Mar/17
Australia 1.70 Mar/17
Germany 1.70 Mar/17
United Kingdom 1.70 Jun/17
Japan 1.30 Mar/17
Italy 1.20 Mar/17
France 1.10 Mar/17
Switzerland 1.10 Mar/17
Russia 0.50 Mar/17
Brazil -0.40 Mar/17