Oman Nominal GDP
Key information about Oman Nominal GDP
- Oman Nominal GDP reached 27.1 USD bn in Mar 2023, compared with 31.3 USD bn in the previous quarter.
- Nominal GDP in Oman is updated quarterly, available from Mar 2005 to Mar 2023, with an average number of 19.2 USD bn.
- The data reached an all-time high of 31.3 USD bn in Dec 2022 and a record low of 6.7 USD bn in Mar 2005.
CEIC de-accummulates quarterly Nominal GDP and converts it into USD. The National Centre for Statistics and Information provides year-to-date Nominal GDP in local currency based on SNA 2008. The Central Bank of Oman average market exchange rate is used for currency conversions. Nominal GDP prior to Q1 2015 is based on SNA 1993.
Related information about Oman Nominal GDP
- In the latest reports, Oman GDP expanded 4.3 % YoY in Dec 2022.
- Its GDP deflator (implicit price deflator) increased 24.6 % in Dec 2022.
- Oman GDP Per Capita reached 23,240.9 USD in Dec 2022.
- Its Gross Savings Rate was measured at 18.8 % in Dec 2021.
- For Nominal GDP contributions, Investment accounted for 22.4 % in Dec 2021.
- Public Consumption accounted for 22.1 % in Dec 2021.
- Private Consumption accounted for 44.3 % in Dec 2021.
View Oman's Nominal GDP from Mar 2005 to Mar 2023 in the chart:
What was Oman's Nominal GDP in Mar 2023?
Oman Nominal GDP reached 27.1 USD bn in Mar 2023, compared with 31.3 USD bn in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
27,116.8 Mar 2023 | 31,323.5 Dec 2022 | 6,748.2 Mar 2005 | 31,323.5 Dec 2022 | USD mn | quarterly | Mar 2005 - Mar 2023 |
Nominal GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (USD mn) | 1,020.5 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
Algeria (USD mn) | 49,686.2 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
Argentina (USD mn) | 161,468.8 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
Armenia (USD mn) | 4,555.0 Mar 2023 | quarterly | Dec 1994 - Mar 2023 |
Australia (USD mn) | 440,146.9 Mar 2023 | quarterly | Sep 1959 - Mar 2023 |
Austria (USD mn) | 117,117.1 Dec 2022 | quarterly | Mar 1988 - Dec 2022 |
Azerbaijan (USD mn) | 20,960.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
Bahrain (USD mn) | 11,004.5 Dec 2022 | quarterly | Mar 2007 - Dec 2022 |
Bangladesh (USD mn) | 460,199.8 2022 | yearly | 1960 - 2022 |
Belarus (USD mn) | 16,878.2 Mar 2023 | quarterly | Mar 1994 - Mar 2023 |
Belgium (USD mn) | 153,814.1 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Bolivia (USD mn) | 10,724.0 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
Bosnia and Herzegovina (USD mn) | 6,170.0 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Botswana (USD mn) | 5,136.2 Mar 2023 | quarterly | Sep 1993 - Mar 2023 |
Brazil (USD mn) | 486,069.0 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
Brunei (USD mn) | 4,130.1 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
Bulgaria (USD mn) | 24,538.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cambodia (USD mn) | 39,490.8 2022 | yearly | 1993 - 2022 |
Canada (USD mn) | 513,543.5 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
Chile (USD mn) | 69,075.0 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
China (USD mn) | 4,166,759.1 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Colombia (USD mn) | 79,499.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Croatia (USD mn) | 17,564.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cyprus (USD mn) | 7,631.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Czech Republic (USD mn) | 72,034.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Denmark (USD mn) | 96,987.7 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
Ecuador (USD mn) | 29,334.6 Sep 2022 | quarterly | Mar 1991 - Sep 2022 |
Egypt (USD mn) | 108,969.4 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
Estonia (USD mn) | 9,214.3 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
European Union (USD mn) | 4,141,831.0 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
Finland (USD mn) | 73,976.2 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
France (USD mn) | 689,415.2 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
Georgia (USD mn) | 8,067.4 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Germany (USD mn) | 1,072,807.2 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
Ghana (USD mn) | 17,859.8 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Greece (USD mn) | 50,731.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
Hong Kong SAR, China (USD mn) | 94,469.6 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
Hungary (USD mn) | 42,734.0 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Iceland (USD mn) | 7,161.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
India (USD mn) | 873,666.0 Mar 2023 | quarterly | Jun 1996 - Mar 2023 |
Indonesia (USD mn) | 328,642.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Iran (USD mn) | 429,426.7 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
Ireland (USD mn) | 133,294.5 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Israel (USD mn) | 133,411.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Italy (USD mn) | 538,664.9 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Ivory Coast (USD mn) | 11,011.3 Sep 2022 | quarterly | Mar 1997 - Sep 2022 |
Japan (USD mn) | 991,864.7 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
Jordan (USD mn) | 11,474.4 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Kazakhstan (USD mn) | 76,997.7 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
Kenya (USD mn) | 26,869.9 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
South Korea (USD mn) | 429,247.3 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
Kosovo (USD mn) | 2,609.3 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Kuwait (USD mn) | 27,984.3 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
Kyrgyzstan (USD mn) | 2,120.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Laos (USD mn) | 15,362.5 2022 | yearly | 1984 - 2022 |
Latvia (USD mn) | 10,411.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Lebanon (USD mn) | 63,482.3 2020 | yearly | 1997 - 2020 |
Lithuania (USD mn) | 19,049.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Luxembourg (USD mn) | 22,027.3 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Macau SAR, China (USD mn) | 6,008.2 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
North Macedonia (USD mn) | 3,828.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Malawi (USD mn) | 10,862.6 2019 | yearly | 1960 - 2019 |
Malaysia (USD mn) | 102,217.9 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
Malta (USD mn) | 4,614.7 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Mauritius (USD mn) | 3,723.6 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
Mexico (USD mn) | 372,043.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Moldova (USD mn) | 3,863.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Mongolia (USD mn) | 3,889.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Montenegro (USD mn) | 1,835.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Morocco (USD mn) | 33,460.2 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
Mozambique (USD mn) | 15,777.0 2021 | yearly | 1963 - 2021 |
Myanmar (USD mn) | 66,719.6 2018 | yearly | 2001 - 2018 |
Nepal (USD mn) | 40,828.2 2022 | yearly | 2001 - 2022 |
Netherlands (USD mn) | 272,109.1 Mar 2023 | quarterly | Mar 1988 - Mar 2023 |
New Zealand (USD mn) | 58,483.4 Dec 2022 | quarterly | Jun 1987 - Dec 2022 |
Nigeria (USD mn) | 111,302.5 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
Norway (USD mn) | 133,727.8 Dec 2022 | quarterly | Mar 1978 - Dec 2022 |
Oman (USD mn) | 27,116.8 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
Pakistan (USD mn) | 341,308.8 2023 | yearly | 2000 - 2023 |
Palestinian Territory (USD mn) | 4,747.2 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
Panama (USD mn) | 18,056.7 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
Paraguay (USD mn) | 10,371.6 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Peru (USD mn) | 60,278.3 Mar 2023 | quarterly | Mar 1979 - Mar 2023 |
Philippines (USD mn) | 112,472.0 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Poland (USD mn) | 188,184.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Portugal (USD mn) | 60,609.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
Qatar (USD mn) | 62,753.6 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Romania (USD mn) | 84,896.6 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Russia (USD mn) | 677,540.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Saudi Arabia (USD mn) | 272,995.3 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
Serbia (USD mn) | 17,095.0 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Singapore (USD mn) | 120,606.6 Mar 2023 | quarterly | Mar 1975 - Mar 2023 |
Slovakia (USD mn) | 31,651.0 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Slovenia (USD mn) | 15,628.1 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
South Africa (USD mn) | 98,826.0 Sep 2022 | quarterly | Mar 1960 - Sep 2022 |
Spain (USD mn) | 377,281.4 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
Sri Lanka (USD mn) | 17,949.0 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
Sudan (USD mn) | 30,863.0 2021 | yearly | 1960 - 2021 |
Sweden (USD mn) | 145,310.7 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Switzerland (USD mn) | 201,987.0 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doOman 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) | 11.499 2028 | yearly | 1990 - 2028 |
Forecast: Government Net Debt (OMR bn) | 13.559 2028 | yearly | 1990 - 2028 |
Forecast: Government Revenue (OMR bn) | 12.441 2028 | yearly | 1990 - 2028 |
Government Revenue: Corporate Income Tax (OMR mn) | 218.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
Government Financing (OMR mn) | -4.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
Government Expenditure: Investment (OMR mn) | 82.000 Aug 2024 | monthly | Jun 2003 - 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 Expenditure: Current (OMR mn) | 626.000 Aug 2024 | monthly | Jun 2003 - Aug 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) | 1,680.0 Jul 2024 | monthly | Jan 1975 - Jul 2024 |
Total Exports (USD mn) | 5,331.4 Jul 2024 | monthly | Mar 2003 - Jul 2024 |
Total Exports Growth (%) | 12.8 Jul 2024 | monthly | Mar 2004 - Jul 2024 |
Aluminum: Exports (USD th) | 1,550,708.427 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) | 3,651.4 Jul 2024 | monthly | Jan 1975 - Jul 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) | 131.204 Jun 2024 | monthly | Oct 1986 - Jun 2024 |
Total Imports from USA (USD mn) | 89.092 Jun 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) | 410.923 Jul 2024 | monthly | Jun 1984 - Jul 2024 |
Exports: Oil and Gas (OMR mn) | 1,340.263 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
Exports: Oil and Gas: Crude Oil (OMR mn) | 828.148 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Exports: Non Oil: Mineral Products (OMR mn) | 210.080 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
Exports (OMR mn) | 2,049.920 Jul 2024 | monthly | Jan 1974 - Jul 2024 |
Exports: Non Oil: Chemical Products (OMR mn) | 86.856 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) | 191.812 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
Exports: Non Oil: India (OMR mn) | 69.000 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
Re-Exports (OMR mn) | 133.000 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
Exports: Non Oil (OMR mn) | 576.906 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
Exports: Non Oil: Saudi Arabia (OMR mn) | 65.000 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
Exports: Non Oil: United Arab Emirates (OMR mn) | 101.000 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
Imports: Electrical Machinery, Mechanical Equipment and Parts (OMR mn) | 254.396 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
Imports: Chemical Products (OMR mn) | 129.428 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
Imports: Mineral Products (OMR mn) | 407.703 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
Imports: Transport Equipment (OMR mn) | 115.846 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
Imports: United Arab Emirates (OMR mn) | 359.000 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
Imports: India (OMR mn) | 143.000 Jul 2024 | monthly | Feb 2006 - Jul 2024 |
Imports: Saudi Arabia (OMR mn) | 107.000 Jul 2024 | monthly | Jan 2011 - Jul 2024 |
Imports (OMR mn) | 1,403.950 Jul 2024 | monthly | Jan 1975 - Jul 2024 |
Exports: Crude Oil: India (Barrel th) | 0.000 Aug 2024 | monthly | Nov 2010 - Aug 2024 |
Exports: Crude Oil: Japan (Barrel th) | 500.000 Aug 2024 | monthly | Feb 2006 - Aug 2024 |
Exports: Crude Oil (Barrel th) | 26,446.200 Aug 2024 | monthly | Feb 2006 - Aug 2024 |
Exports: Crude Oil: China (Barrel th) | 24,387.800 Aug 2024 | monthly | Feb 2006 - Aug 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 |
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) | 16,972.432 Jul 2024 | monthly | Jan 1999 - Jul 2024 |
Money Supply M2 (USD mn) | 62,946.164 Jul 2024 | monthly | Jan 1999 - Jul 2024 |
M2 Growth (%) | 13.3 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Reserve Requirement Ratio (%) | 5.0 Sep 2024 | monthly | Jun 2006 - Sep 2024 |
Foreign Exchange Reserves (USD mn) | 15,873.3 Jul 2024 | monthly | Apr 1970 - Jul 2024 |
Foreign Exchange Reserves: % of GDP (%) | 14.968 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 4.3 Jul 2024 | monthly | Jan 1975 - Jul 2024 |
Gold Reserves (USD mn) | 529.519 Jul 2024 | monthly | Dec 1969 - Jul 2024 |
Total Deposits (USD mn) | 64,446.008 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Total Deposits Growth (%) | 11.4 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
Domestic Credit (USD mn) | 69,338.1 Jul 2024 | monthly | Dec 1999 - Jul 2024 |
Domestic Credit Growth (%) | 4.5 Jul 2024 | monthly | Dec 2000 - Jul 2024 |
Total Loans (USD mn) | 64,659.298 Jul 2024 | monthly | Dec 1998 - Jul 2024 |
Total Loans Growth (%) | 1.59 Jul 2024 | monthly | Dec 1999 - Jul 2024 |
Private Debt: % of Nominal GDP (%) | 48.74 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
More Indicators for Oman
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.