The Gross Domestic Product (GDP) in Oman expanded 2.20 percent in 2018 from the previous year.
GDP Annual Growth Rate in Oman averaged 4.96 percent from 2000 until 2018, reaching an all time high of 13.10 percent in 2008 and a record low of -0.90 percent in 2017. 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 - values, historical data and charts - was last updated on July of 2020.
GDP Annual Growth Rate in Oman is expected to reach -3.50 percent by the end of 2020, 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 3.00 percent in 2021 and 3.50 percent in 2022, according to our econometric models.