Oman Labour Productivity Growth

1999 - 2023 | Yearly | % | CEIC Data

Key information about Oman Labour Productivity Growth

  • Oman Labour Productivity improved by 4.24 % YoY in Dec 2023, compared with a drop of 4.46 % in the previous year
  • Oman Labour Productivity Growth data is updated yearly, available from Dec 1999 to Dec 2023, averaging at -2.91 %
  • The data reached an all-time high of 18.27 % in Dec 2003 and a record low of -12.57 % in Dec 2007

CEIC calculates Labour Productivity Growth from annual Real GDP and annual Employment. The National Centre for Statistics and Information provides Real GDP in local currency at 2018 prices and Employment

View Oman's Labour Productivity Growth from 1999 to 2023 in the chart:

Oman Labour Productivity Growth

What was Oman's Labour Productivity Growth in 2023?

Oman Labour Productivity improved by 4.24 % YoY in Dec 2023, compared with a drop of 4.46 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
-4.24 2023 -4.46 2022 -12.57 2007 18.27 2003 % yearly 1999 - 2023

Labour Productivity Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 1.59 Jun 2023 quarterly Mar 2010 - Jun 2023
Algeria (%) 0.71 2023 yearly 1992 - 2023
Argentina (%) -4.29 2023 yearly 1992 - 2023
Armenia (%) 8.23 Jun 2024 quarterly Mar 2009 - Jun 2024
Australia (%) -1.38 Jun 2024 quarterly Jun 1979 - Jun 2024
Austria (%) -0.77 Jun 2024 quarterly Mar 2005 - Jun 2024
Azerbaijan (%) 3.27 Jun 2024 quarterly Mar 2009 - Jun 2024
Bahrain (%) -4.05 Jun 2023 quarterly Mar 2009 - Jun 2023
Bangladesh (%) 4.20 2023 yearly 1992 - 2023
Belarus (%) 5.31 Jun 2024 quarterly Mar 2006 - Jun 2024
Belgium (%) -0.06 Jun 2024 quarterly Mar 2000 - Jun 2024
Bolivia (%) 0.41 2023 yearly 2000 - 2023
Bosnia and Herzegovina (%) -0.81 2023 yearly 2007 - 2023
Botswana (%) 7.29 Dec 2022 quarterly Sep 2008 - Dec 2022
Brazil (%) 1.52 2023 yearly 1992 - 2023
Brunei (%) -1.49 2023 yearly 1992 - 2023
Bulgaria (%) 0.56 Jun 2024 quarterly Mar 2001 - Jun 2024
Cambodia (%) 1.04 2021 yearly 2008 - 2021
Canada (%) -1.26 Jun 2024 quarterly Mar 1977 - Jun 2024
Chile (%) -1.69 Jun 2024 quarterly Mar 1987 - Jun 2024
China (%) 4.27 2023 yearly 1953 - 2023
Colombia (%) -0.32 Mar 2024 quarterly Mar 2002 - Mar 2024
Croatia (%) -1.92 Jun 2024 quarterly Mar 2008 - Jun 2024
Cyprus (%) 2.58 Jun 2024 quarterly Jun 2005 - Jun 2024
Czech Republic (%) -1.09 Jun 2024 quarterly Mar 1997 - Jun 2024
Denmark (%) 3.38 Jun 2024 quarterly Mar 1991 - Jun 2024
Ecuador (%) 0.24 2022 yearly 1992 - 2022
Egypt (%) 0.46 Jun 2024 quarterly Mar 2004 - Jun 2024
Estonia (%) -4.05 Dec 2023 quarterly Mar 1996 - Dec 2023
European Union (%) -0.08 Jun 2024 quarterly Mar 2006 - Jun 2024
Finland (%) 0.50 Jun 2024 quarterly Mar 1991 - Jun 2024
France (%) -0.13 2023 yearly 1979 - 2023
Georgia (%) 3.38 2023 yearly 1997 - 2023
Germany (%) -0.01 Jun 2024 quarterly Mar 1992 - Jun 2024
Ghana (%) 0.65 2023 yearly 1992 - 2023
Greece (%) 1.73 Jun 2024 quarterly Mar 1996 - Jun 2024
Hong Kong SAR, China (%) 3.01 Jun 2024 quarterly Dec 1982 - Jun 2024
Hungary (%) 1.27 Jun 2024 quarterly Mar 1999 - Jun 2024
Iceland (%) -4.90 Jun 2024 quarterly Mar 2004 - Jun 2024
India (%) 2.38 2022 yearly 1992 - 2022
Indonesia (%) 1.63 2023 yearly 2001 - 2023
Iran (%) 3.00 2023 yearly 1992 - 2023
Ireland (%) -6.54 Jun 2024 quarterly Mar 1999 - Jun 2024
Israel (%) -2.99 Jun 2024 quarterly Mar 2013 - Jun 2024
Italy (%) -0.20 Jun 2024 quarterly Mar 1997 - Jun 2024
Ivory Coast (%) 3.12 2023 yearly 1992 - 2023
Japan (%) -1.32 Jun 2024 quarterly Mar 1995 - Jun 2024
Jordan (%) 1.17 2021 yearly 2001 - 2021
Kazakhstan (%) 3.91 Dec 2023 quarterly Mar 2002 - Dec 2023
Kenya (%) 2.70 2022 yearly 2011 - 2022
South Korea (%) 0.98 Sep 2024 quarterly Sep 1983 - Sep 2024
Kosovo (%) -6.22 Dec 2023 quarterly Mar 2017 - Dec 2023
Kuwait (%) 1.60 2018 yearly 1992 - 2018
Kyrgyzstan (%) 3.15 2023 yearly 1993 - 2023
Laos (%) 1.51 2023 yearly 1992 - 2023
Latvia (%) 0.11 Jun 2024 quarterly Mar 2003 - Jun 2024
Lebanon (%) 2.12 2023 yearly 1992 - 2023
Lithuania (%) -0.17 Jun 2024 quarterly Mar 1996 - Jun 2024
Luxembourg (%) -0.56 Jun 2024 quarterly Mar 1996 - Jun 2024
Macau SAR, China (%) 2.61 Jun 2024 quarterly Mar 2002 - Jun 2024
North Macedonia (%) 1.97 Jun 2024 quarterly Mar 2005 - Jun 2024
Malawi (%) -2.12 2023 yearly 1992 - 2023
Malaysia (%) 3.06 Jun 2024 quarterly Mar 2001 - Jun 2024
Malta (%) -1.72 Jun 2024 quarterly Dec 2001 - Jun 2024
Mauritius (%) 33.41 Mar 2024 quarterly Mar 2005 - Mar 2024
Mexico (%) 0.70 Jun 2024 quarterly Jun 1996 - Jun 2024
Moldova (%) 6.48 Jun 2024 quarterly Mar 2001 - Jun 2024
Mongolia (%) -1.37 Jun 2024 quarterly Sep 2007 - Jun 2024
Montenegro (%) 1.43 Jun 2024 quarterly Mar 2011 - Jun 2024
Morocco (%) 71.03 2022 yearly 2000 - 2022
Mozambique (%) 1.44 2023 yearly 1992 - 2023
Myanmar (%) 63.00 2021 yearly 1992 - 2021
Nepal (%) -0.24 2023 yearly 1992 - 2023
Netherlands (%) -0.36 Jun 2024 quarterly Mar 1996 - Jun 2024
New Zealand (%) -0.48 Jun 2024 quarterly Jun 1988 - Jun 2024
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 3.63 Jun 2024 quarterly Mar 1996 - Jun 2024
Oman (%) -4.24 2023 yearly 1999 - 2023
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 1.78 Sep 2023 quarterly Dec 2009 - Sep 2023
Panama (%) 4.33 2023 yearly 1992 - 2023
Paraguay (%) 6.19 Jun 2024 quarterly Mar 2018 - Jun 2024
Peru (%) -1.00 2022 yearly 2002 - 2022
Philippines (%) 1.98 2023 yearly 1992 - 2023
Poland (%) 4.90 Jun 2024 quarterly Dec 1999 - Jun 2024
Portugal (%) 0.41 Jun 2024 quarterly Mar 1996 - Jun 2024
Qatar (%) -1.09 2023 yearly 2012 - 2023
Romania (%) -2.74 Jun 2024 quarterly Mar 1996 - Jun 2024
Russia (%) 3.11 Dec 2023 quarterly Mar 1996 - Dec 2023
Saudi Arabia (%) -3.93 2022 yearly 1971 - 2022
Serbia (%) 3.25 Mar 2024 quarterly Mar 2015 - Mar 2024
Singapore (%) 1.50 Jun 2024 quarterly Mar 1986 - Jun 2024
Slovakia (%) 1.62 Jun 2024 quarterly Mar 1996 - Jun 2024
Slovenia (%) 0.41 Jun 2024 quarterly Mar 1996 - Jun 2024
South Africa (%) -1.50 Jun 2024 quarterly Mar 2009 - Jun 2024
Spain (%) 1.45 Jun 2024 quarterly Mar 1996 - Jun 2024
Sri Lanka (%) 5.03 Jun 2024 quarterly Jun 2013 - Jun 2024
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 1.51 Jun 2024 quarterly Mar 1994 - Jun 2024
Switzerland (%) 1.46 Jun 2024 quarterly Mar 2011 - Jun 2024

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Oman Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 2023
Consolidated Fiscal Balance (USD mn) 122.237 Aug 2024 monthly Jun 2003 - Aug 2024
Tax Revenue (USD mn) 4,872.086 2023 yearly 1996 - 2023
Tax Revenue: % of GDP (%) 4.5 2023 yearly 1996 - 2023
National Government Debt (USD mn) 39,697.0 2023 yearly 1990 - 2023
Government Debt: % of GDP (%) 36.5 2023 yearly 1990 - 2023
Forecast: Government Expenditure (OMR bn) 11.851 2029 yearly 1990 - 2029
Forecast: Government Net Debt (OMR bn) 14.813 2029 yearly 1990 - 2029
Forecast: Government Revenue (OMR bn) 13.627 2029 yearly 1990 - 2029
Government Revenue: Corporate Income Tax (OMR mn) 218.000 Aug 2024 monthly Jan 2006 - Aug 2024
Government Expenditure: Current (OMR mn) 626.000 Aug 2024 monthly Jun 2003 - Aug 2024
Government Expenditure: Investment (OMR mn) 82.000 Aug 2024 monthly Jun 2003 - Aug 2024
Government Financing (OMR mn) -4.000 Aug 2024 monthly Jan 2006 - Aug 2024
Government Surplus or Deficit: Fiscal (OMR mn) 47.000 Aug 2024 monthly Jun 2003 - Aug 2024
Government Expenditure (OMR mn) 906.000 Aug 2024 monthly Jun 2003 - Aug 2024
Government Surplus or Deficit: Remaining (OMR mn) 22.000 Jul 2024 monthly Jan 2006 - Jul 2024
Government Revenue (OMR mn) 953.000 Aug 2024 monthly Jun 2003 - Aug 2024
Government Revenue: Current (OMR mn) 421.000 Aug 2024 monthly Mar 2012 - Aug 2024
Government Revenue: Non Oil (OMR mn) 3,524.767 2023 yearly 1990 - 2023
Government Debt (OMR mn) 15,263.500 2023 yearly 2001 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.354 2028 yearly 1980 - 2028
Trade Balance (USD mn) 1,667.1 Aug 2024 monthly Jan 1975 - Aug 2024
Total Exports (USD mn) 5,256.2 Aug 2024 monthly Mar 2003 - Aug 2024
Total Exports Growth (%) 8.0 Aug 2024 monthly Mar 2004 - Aug 2024
Aluminum: Exports (USD th) 1,500,067.073 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 155,305.875 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 4,561.969 2022 yearly 1995 - 2022
Total Imports (USD mn) 3,589.1 Aug 2024 monthly Jan 1975 - Aug 2024
Total Imports Growth (%) 0.7 Mar 2023 monthly Jan 1976 - Mar 2023
Imports: Medicament (USD th) 394,025.071 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 155,778.457 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 118.743 Jul 2024 monthly Oct 1986 - Jun 2024
Total Imports from USA (USD mn) 92.299 Jul 2024 monthly Jan 1981 - Jun 2024
Total Exports to China (USD mn) 47.074 Jun 2017 monthly Nov 2009 - Jun 2017
Total Imports from China (USD mn) 418.726 Aug 2024 monthly Jun 1984 - Aug 2024
Exports: Oil and Gas (OMR mn) 1,345.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports: Oil and Gas: Crude Oil (OMR mn) 839.000 Aug 2024 monthly Jan 1995 - Aug 2024
Exports: Non Oil: Mineral Products (OMR mn) 185.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports (OMR mn) 2,021.000 Aug 2024 monthly Jan 1974 - Aug 2024
Exports: Non Oil: Chemical Products (OMR mn) 60.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) 210.000 Aug 2024 monthly Jan 2006 - Aug 2024
Re-Exports (OMR mn) 132.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports: Non Oil: India (OMR mn) 68.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports: Non Oil: Saudi Arabia (OMR mn) 76.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports: Non Oil (OMR mn) 545.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports: Non Oil: United Arab Emirates (OMR mn) 92.000 Aug 2024 monthly Jan 2006 - Aug 2024
Imports: Electrical Machinery, Mechanical Equipment and Parts (OMR mn) 229.000 Aug 2024 monthly Jan 2006 - Aug 2024
Imports: Chemical Products (OMR mn) 133.000 Aug 2024 monthly Jan 2006 - Aug 2024
Imports: Mineral Products (OMR mn) 337.000 Aug 2024 monthly Jan 2006 - Aug 2024
Imports: Transport Equipment (OMR mn) 140.000 Aug 2024 monthly Jan 2006 - Aug 2024
Imports: United Arab Emirates (OMR mn) 330.000 Aug 2024 monthly Jan 2006 - Aug 2024
Imports: Saudi Arabia (OMR mn) 130.000 Aug 2024 monthly Jan 2011 - Aug 2024
Imports: India (OMR mn) 130.000 Aug 2024 monthly Feb 2006 - Aug 2024
Imports (OMR mn) 1,380.000 Aug 2024 monthly Jan 1975 - Aug 2024
Exports: Crude Oil: India (Barrel th) 1,002.000 Sep 2024 monthly Nov 2010 - Sep 2024
Exports: Crude Oil: Japan (Barrel th) 0.000 Sep 2024 monthly Feb 2006 - Sep 2024
Exports: Crude Oil (Barrel th) 25,092.500 Sep 2024 monthly Feb 2006 - Sep 2024
Exports: Crude Oil: China (Barrel th) 24,090.500 Sep 2024 monthly Feb 2006 - Sep 2024
Export Volume Index (2015=100) 113.944 2021 yearly 1980 - 2021
Export Value Index (2015=100) 139.667 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 84.478 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 395.3 2023 yearly 2001 - 2023
Current Account Balance (USD mn) 2,637.2 2023 yearly 1974 - 2023
Current Account Balance: % of GDP (%) -4.9 2021 yearly 1980 - 2021
Foreign Direct Investment (USD mn) 12,488.9 2023 yearly 1970 - 2023
Foreign Direct Investment: % of GDP (%) 11.5 2023 yearly 1970 - 2023
Foreign Portfolio Investment (USD mn) -4,153.446 2023 yearly 1996 - 2023
Foreign Portfolio Investment: % of GDP (%) -3.8 2023 yearly 1996 - 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 287.9 2022 yearly 1974 - 2022
Foreign Portfolio Investment: Debt Securities (USD mn) -2,389.077 2022 yearly 1974 - 2022
Forecast: Current Account Balance (USD bn) 2.660 2029 yearly 1980 - 2029
OM: BoP: Financial Account: Financial Derivatives & Employee Stock Options (USD mn) 0.000 2021 yearly 2017 - 2021
OM: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liab... (USD mn) 0.000 2021 yearly 2017 - 2021
BoP: Current Account: Transfers (OMR mn) -3,774.000 2017 yearly 1996 - 2017
Foreign Direct Investment: Oil and Gas (OMR mn) 19,523.800 2023 yearly 2005 - 2023
Foreign Direct Investment: Manufacturing (OMR mn) 2,163.200 2023 yearly 2005 - 2023
Foreign Direct Investment: Real Estate, Renting and Business Activities (OMR mn) 1,035.700 2023 yearly 2005 - 2023
Foreign Direct Investment: Construction (OMR mn) 466.600 2023 yearly 2005 - 2023
Foreign Direct Investment: Financial Intermediation (OMR mn) 1,347.600 2023 yearly 2005 - 2023
Foreign Direct Investment: Kuwait (OMR mn) 1,147.600 2023 yearly 2005 - 2023
Foreign Direct Investment: India (OMR mn) 354.500 2023 yearly 2005 - 2023
Foreign Direct Investment: United Kingdom (OMR mn) 12,679.300 2023 yearly 2005 - 2023
Foreign Direct Investment: United States of America (OMR mn) 4,325.100 2023 yearly 2005 - 2023
Foreign Direct Investment: United Arab Emirates (OMR mn) 998.600 2023 yearly 2005 - 2023
No of Registered Enterprises (Unit) 338,094.000 2021 yearly 1999 - 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 Jun 2024 quarterly Jun 2008 - Jun 2024
Non-Performing Loans (USD mn) 515.735 Jun 2024 quarterly Mar 2008 - Jun 2024
Money Supply M1 (USD mn) 18,016.385 Aug 2024 monthly Jan 1999 - Aug 2024
Money Supply M2 (USD mn) 63,342.523 Aug 2024 monthly Jan 1999 - Aug 2024
M2 Growth (%) 12.4 Aug 2024 monthly Jan 2000 - Aug 2024
Reserve Requirement Ratio (%) 5.0 Sep 2024 monthly Jun 2006 - Sep 2024
Foreign Exchange Reserves (USD mn) 16,061.4 Aug 2024 monthly Apr 1970 - Aug 2024
Foreign Exchange Reserves: % of GDP (%) 14.968 Jun 2024 quarterly Dec 2005 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 4.5 Aug 2024 monthly Jan 1975 - Aug 2024
Gold Reserves (USD mn) 542.003 Aug 2024 monthly Dec 1969 - Aug 2024
Total Deposits (USD mn) 64,280.889 Aug 2024 monthly Jan 2000 - Aug 2024
Total Deposits Growth (%) 10.1 Aug 2024 monthly Jan 2001 - Aug 2024
Domestic Credit (USD mn) 69,776.6 Aug 2024 monthly Dec 1999 - Aug 2024
Domestic Credit Growth (%) 4.6 Aug 2024 monthly Dec 2000 - Aug 2024
Total Loans (USD mn) 64,964.109 Aug 2024 monthly Dec 1998 - Aug 2024
Total Loans Growth (%) 1.75 Aug 2024 monthly Dec 1999 - Aug 2024
Private Debt: % of Nominal GDP (%) 48.74 Jun 2024 quarterly Dec 2005 - Jun 2024
Domestic Assets (OMR mn) 17,044.100 Aug 2024 monthly Dec 1999 - Aug 2024
Money Supply: Quasi Money (OMR mn) 17,427.900 Aug 2024 monthly Jan 1999 - Aug 2024
Money Supply (OMR mn) 24,355.200 Aug 2024 monthly Jan 1999 - Aug 2024
Deposits: Private Sector (OMR mn) 16,447.700 Aug 2024 monthly Jan 1999 - Aug 2024

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