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Oman Economic Indicators

Latest economic indicators and statistics for Oman.

Indicator Current Value Previous Value Frequency Period
GDP $106.94B $105.9B Yearly 2024
GDP Annual Growth Rate 1.67% 1.19% Yearly 2024
GDP Growth Rate (YoY) 1.6% 1.2% Yearly Dec'24
GDP per Capita $17,315.71 $17,814.02 Yearly 2024
GDP per Capita PPP $36,654.23 $37,709.07 Yearly 2024
R&D Expenditure (% GDP) 0.37% 0.28% Yearly 2023
Real GDP $91.45B $89.95B Yearly 2024
Annual Inflation Rate 0.95% 2.51% Yearly 2023
Inflation Rate 1.1% 0.5% Monthly Sep'25
Inflation Rate MoM 0.6% -0.5% Monthly Sep'25
Producer Price Index (PPI) -2.7% 4.1% Quarterly Q2 2025
Annual Unemployment Rate 3.16% 3.18% Yearly 2024
Female Labor Force Rate 30.65% 30.62% Yearly 2024
Annual Exports $59.01B $66.06B Yearly 2023
Annual Imports $38.78B $38.57B Yearly 2023
Balance of Trade OMR 364M OMR 467M Monthly Aug'25
Exports OMR 1.8B OMR 2B Monthly Aug'25
Exports (% GDP) 61.14% 63.25% Yearly 2023
FDI Inflows (% GDP) 11.79% 6.34% Yearly 2023
Imports OMR 1.5B OMR 1.5B Monthly Aug'25
Imports (% GDP) 44.77% 42.49% Yearly 2023
Net Trade (Goods & Services, BoP) $17.34B $22.8B Yearly 2023
Tariff Rate 3.18% 3.12% Yearly 2022
Trade (% GDP) 105.92% 105.75% Yearly 2023
Current Account to GDP Ratio 3.7% 2.4% Yearly Dec'24
Debt to GDP Ratio 35.2% 36.5% Yearly Dec'24
Interest Rate 4.75% 5% Daily Sep 18, 2025
Private Credit (% GDP) 59.91% 55.79% Yearly 2023
Adult Literacy Rate 97% 96% Yearly 2022
Happiness Index 6.2 points 6.85 points Yearly 2024
Homicide Rate 0.24 0.31 Yearly 2021
Population 5.28M 5.05M Yearly 2024
Primary Enrollment Rate 95.56% 90.1% Yearly 2023
Agricultural Land (%) 4.74% 4.71% Yearly 2021
Annual CO2 Emissions 78.51M tonnes 76.61M tonnes Yearly 2023
Forest Area (%) 0.01% 0.01% Yearly 2022
Corruption Control 0.22 points 0.05 points Yearly 2023
Political stability index 0.59 points 0.53 points Yearly 2023
Infant Mortality Rate 8.4 8.5 Yearly 2023
Life Expectancy 80.03 77.91 Yearly 2023
Physicians per 1,000 people 2.06 2 Yearly 2022
Electricity Access 100% 100% Yearly 2023
Internet Users 95.3% 95.3% Yearly 2024
Travel Earnings $669M $3.08B Yearly 2020
Visitor Arrivals 869,000 3.51M Yearly 2020