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 December 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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Oman GDP

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.
Actual Previous Highest Lowest Dates Unit Frequency
85.87 73.97 92.70 0.04 1960 - 2021 USD Billion Yearly
Current USD
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