Oman Nominal GDP Growth
2006 - 2023 | Quarterly | % | CEIC Data
Key information about Oman Nominal GDP Growth
- Oman Nominal GDP Growth was reported at -1.973 % in Dec 2023.
- This records an increase from the previous number of -7.492 % for Sep 2023.
- Oman Nominal GDP Growth data is updated quarterly, averaging 7.816 % from Mar 2006 to Dec 2023, with 72 observations.
- The data reached an all-time high of 59.321 % in Sep 2008 and a record low of -30.526 % in Jun 2009.
- Oman Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The National Centre for Statistics and Information provides year-to-date Nominal GDP in local currency based on SNA 2008. Nominal GDP Growth prior to Q1 2011 is calculated from Nominal GDP based on SNA 1993.
View Oman's Nominal GDP Growth from Mar 2006 to Dec 2023 in the chart:
What was Oman's Nominal GDP Growth in Dec 2023?
Oman Nominal GDP Growth was reported at -1.973 % in Dec 2023. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1.973 Dec 2023 | -7.492 Sep 2023 | -30.526 Jun 2009 | 59.321 Sep 2008 | % | quarterly | Mar 2006 - Dec 2023 |
Nominal GDP Growth by Country Comparison
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Includes Nominal GDP Growth on 114 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 8.461 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Algeria (%) | -1.277 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Argentina (%) | 169.925 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Armenia (%) | 9.729 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Australia (%) | 4.423 Dec 2023 | quarterly | Sep 1960 - Dec 2023 |
| Austria (%) | 6.545 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Azerbaijan (%) | -11.065 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Bahrain (%) | 3.399 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Bangladesh (%) | 12.407 2024 | yearly | 2007 - 2024 |
| Belarus (%) | 13.186 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Belgium (%) | 4.148 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Bolivia (%) | 5.226 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Bosnia and Herzegovina (%) | 4.068 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Botswana (%) | -4.803 Dec 2023 | quarterly | Sep 1994 - Dec 2023 |
| Brazil (%) | 6.646 Mar 2024 | quarterly | Mar 1991 - Mar 2024 |
| Brunei (%) | -13.343 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Bulgaria (%) | 0.296 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Cambodia (%) | 9.523 2022 | yearly | 1994 - 2022 |
| Canada (%) | 3.973 Dec 2023 | quarterly | Mar 1958 - Dec 2023 |
| Chile (%) | 7.491 Mar 2024 | quarterly | Mar 1991 - Mar 2024 |
| China (%) | 4.176 Mar 2024 | quarterly | Mar 1993 - Mar 2024 |
| Colombia (%) | 3.506 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Croatia (%) | 10.338 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Cyprus (%) | 6.926 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Czech Republic (%) | 6.200 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Denmark (%) | -1.565 Mar 2024 | quarterly | Mar 1991 - Mar 2024 |
| Ecuador (%) | -1.089 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Egypt (%) | 36.681 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
| Estonia (%) | 2.955 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| European Union (%) | 5.681 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Finland (%) | 1.184 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| France (%) | 4.870 Mar 2024 | quarterly | Mar 1950 - Mar 2024 |
| Georgia (%) | 7.641 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
| Germany (%) | 4.283 Mar 2024 | quarterly | Mar 1961 - Mar 2024 |
| Ghana (%) | 39.349 Sep 2023 | quarterly | Mar 2007 - Sep 2023 |
| Greece (%) | 5.196 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Hong Kong SAR, China (%) | 7.069 Mar 2024 | quarterly | Mar 1974 - Mar 2024 |
| Hungary (%) | 13.247 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Iceland (%) | 6.613 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| India (%) | 10.075 Dec 2023 | quarterly | Jun 1997 - Dec 2023 |
| Indonesia (%) | 4.275 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Iran (%) | 36.289 Sep 2023 | quarterly | Jun 1989 - Sep 2023 |
| Ireland (%) | -5.150 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Israel (%) | 4.816 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Italy (%) | 4.615 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 3.178 Mar 2024 | quarterly | Mar 1981 - Mar 2024 |
| Jordan (%) | 4.082 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Kazakhstan (%) | 17.599 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Kenya (%) | 11.651 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| South Korea (%) | 5.780 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Kosovo (%) | 9.548 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Kuwait (%) | -11.726 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
| Kyrgyzstan (%) | 18.207 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Laos (%) | 16.562 2022 | yearly | 1985 - 2022 |
| Latvia (%) | 2.961 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 4.718 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Luxembourg (%) | 1.823 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Macau SAR, China (%) | 28.597 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| North Macedonia (%) | 7.165 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Malawi (%) | 10.386 2021 | yearly | 2003 - 2021 |
| Malaysia (%) | 4.836 Mar 2024 | quarterly | Mar 1992 - Mar 2024 |
| Malta (%) | 9.267 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Mauritius (%) | 13.075 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Mexico (%) | 6.722 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Moldova (%) | 11.277 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Mongolia (%) | 19.388 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Montenegro (%) | 10.574 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Morocco (%) | 6.729 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Mozambique (%) | 11.040 2022 | yearly | 1964 - 2022 |
| Nepal (%) | 6.662 2024 | yearly | 2002 - 2024 |
| Netherlands (%) | 6.071 Mar 2024 | quarterly | Mar 1989 - Mar 2024 |
| New Zealand (%) | 3.784 Dec 2023 | quarterly | Jun 1988 - Dec 2023 |
| Nigeria (%) | 14.857 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
| Norway (%) | -3.436 Mar 2024 | quarterly | Mar 1979 - Mar 2024 |
| Oman (%) | -1.973 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Pakistan (%) | 26.432 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -30.860 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Panama (%) | 7.326 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Paraguay (%) | 5.865 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 8.800 Mar 2024 | quarterly | Mar 1982 - Mar 2024 |
| Poland (%) | 4.234 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | -12.949 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Romania (%) | 14.314 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Russia (%) | 19.473 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Saudi Arabia (%) | -0.728 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Serbia (%) | 12.351 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Singapore (%) | 7.156 Mar 2024 | quarterly | Mar 1976 - Mar 2024 |
| Slovakia (%) | 12.310 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Slovenia (%) | 7.082 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| South Africa (%) | 5.946 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Spain (%) | 5.709 Mar 2024 | quarterly | Mar 1971 - Mar 2024 |
| Sri Lanka (%) | 11.992 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 3.373 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 50.215 2021 | yearly | 1971 - 2021 |
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| 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) | -119.636 Mar 2024 | monthly | Jun 2003 - Mar 2024 |
| Tax Revenue (USD mn) | 3,304.518 2021 | yearly | 1996 - 2021 |
| Tax Revenue: % of GDP (%) | 3.8 2021 | yearly | 1996 - 2021 |
| National Government Debt (USD mn) | 46,137.8 2022 | yearly | 1990 - 2022 |
| Government Debt: % of GDP (%) | 41.2 2022 | yearly | 1990 - 2022 |
| 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) | 20.000 Nov 2023 | monthly | Jan 2006 - Nov 2023 |
| Government Financing (OMR mn) | -97.000 Jan 2024 | monthly | Jan 2006 - Jan 2024 |
| Government Expenditure: Current (OMR mn) | 701.000 Mar 2024 | monthly | Jun 2003 - Mar 2024 |
| Government Expenditure: Investment (OMR mn) | 19.000 Jan 2024 | monthly | Jun 2003 - Jan 2024 |
| Government Surplus or Deficit: Fiscal (OMR mn) | 122.000 Feb 2024 | monthly | Jun 2003 - Feb 2024 |
| Government Expenditure (OMR mn) | 913.000 Mar 2024 | monthly | Jun 2003 - Mar 2024 |
| Government Surplus or Deficit: Remaining (OMR mn) | -12.000 Jan 2024 | monthly | Jan 2006 - Jan 2024 |
| Government Revenue (OMR mn) | 868.000 Mar 2024 | monthly | Jun 2003 - Mar 2024 |
| Government Revenue: Current (OMR mn) | 118.000 Mar 2024 | monthly | Mar 2012 - Mar 2024 |
| Government Debt (OMR mn) | 17,740.000 2022 | yearly | 2001 - 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.354 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 2,278.4 Mar 2024 | monthly | Jan 1975 - Mar 2024 |
| Total Exports (USD mn) | 5,324.6 Mar 2024 | monthly | Mar 2003 - Mar 2024 |
| Total Exports Growth (%) | 9.1 Mar 2024 | monthly | Mar 2004 - Mar 2024 |
| Aluminum: Exports (USD th) | 2,202,640.622 2022 | yearly | 1995 - 2022 |
| 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) | 3,046.3 Mar 2024 | monthly | Jan 1975 - Mar 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) | 56.082 Feb 2024 | monthly | Oct 1986 - Feb 2024 |
| Total Imports from USA (USD mn) | 29.179 Feb 2024 | monthly | Jan 1981 - Feb 2024 |
| Total Exports to China (USD mn) | 47.074 Jun 2017 | monthly | Nov 2009 - Jun 2017 |
| Total Imports from China (USD mn) | 304.291 Mar 2024 | monthly | Jun 1984 - Mar 2024 |
| Exports: Oil and Gas (OMR mn) | 1,115.848 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Exports: Oil and Gas: Crude Oil (OMR mn) | 778.668 Mar 2024 | monthly | Jan 1995 - Mar 2024 |
| Exports: Non Oil: Mineral Products (OMR mn) | 330.216 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Exports (OMR mn) | 2,047.311 Mar 2024 | monthly | Jan 1974 - Mar 2024 |
| Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) | 222.130 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Exports: Non Oil: Chemical Products (OMR mn) | 86.119 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Exports: Non Oil: India (OMR mn) | 48.000 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Re-Exports (OMR mn) | 194.953 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Exports: Non Oil (OMR mn) | 736.510 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Exports: Non Oil: Saudi Arabia (OMR mn) | 68.000 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Exports: Non Oil: United Arab Emirates (OMR mn) | 79.000 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Imports: Electrical Machinery, Mechanical Equipment and Parts (OMR mn) | 200.920 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Imports: Mineral Products (OMR mn) | 199.693 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Imports: Chemical Products (OMR mn) | 133.756 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Imports: Transport Equipment (OMR mn) | 103.350 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Imports: United Arab Emirates (OMR mn) | 315.000 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Imports: Saudi Arabia (OMR mn) | 129.000 Mar 2024 | monthly | Jan 2011 - Mar 2024 |
| Imports: India (OMR mn) | 119.000 Mar 2024 | monthly | Feb 2006 - Mar 2024 |
| Imports (OMR mn) | 1,171.285 Mar 2024 | monthly | Jan 1975 - Mar 2024 |
| Exports: Crude Oil: India (Barrel th) | 0.000 Apr 2024 | monthly | Nov 2010 - Apr 2024 |
| Exports: Crude Oil: Japan (Barrel th) | 0.000 Apr 2024 | monthly | Feb 2006 - Apr 2024 |
| Exports: Crude Oil (Barrel th) | 24,710.500 Apr 2024 | monthly | Feb 2006 - Apr 2024 |
| Exports: Crude Oil: China (Barrel th) | 22,710.400 Apr 2024 | monthly | Feb 2006 - Apr 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.8 Dec 2023 | quarterly | Jun 2008 - Dec 2023 |
| Non-Performing Loans (USD mn) | 496.489 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Money Supply M1 (USD mn) | 17,123.017 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Money Supply M2 (USD mn) | 63,048.375 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| M2 Growth (%) | 15.2 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Reserve Requirement Ratio (%) | 5.0 Dec 2023 | monthly | Jun 2006 - Dec 2023 |
| Foreign Exchange Reserves (USD mn) | 15,787.3 Mar 2024 | monthly | Apr 1970 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 14.855 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 5.2 Mar 2024 | monthly | Jan 1975 - Mar 2024 |
| Gold Reserves (USD mn) | 489.467 Mar 2024 | monthly | Dec 1969 - Mar 2024 |
| Total Deposits (USD mn) | 63,556.450 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Total Deposits Growth (%) | 10.2 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Domestic Credit (USD mn) | 69,161.8 Mar 2024 | monthly | Dec 1999 - Mar 2024 |
| Domestic Credit Growth (%) | 3.6 Mar 2024 | monthly | Dec 2000 - Mar 2024 |
| Total Loans (USD mn) | 63,663.719 Mar 2024 | monthly | Dec 1998 - Mar 2024 |
| Total Loans Growth (%) | 0.78 Mar 2024 | monthly | Dec 1999 - Mar 2024 |
| Private Debt: % of Nominal GDP (%) | 48.46 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
More Indicators for Oman
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National Accounts
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GDP: by Industry: Gross Output: 1988 Price
GDP: by Industry: Gross Output: 2010 Price
GDP: by Industry: Intermediate Consumption: 1988 Price
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GDP: by Industry: Current Price: ytd
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GDP: Gross Fixed Capital Formation
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