Oman Nominal GDP Growth

2006 - 2024 | Quarterly | % | CEIC Data

Key information about Oman Nominal GDP Growth

  • Oman Nominal GDP Growth was reported at 4.546 % in Jun 2024.
  • This records an increase from the previous number of 0.765 % for Mar 2024.
  • Oman Nominal GDP Growth data is updated quarterly, averaging 7.074 % from Mar 2006 to Jun 2024, with 74 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 Jun 2024 in the chart:

Oman Nominal GDP Growth

What was Oman's Nominal GDP Growth in Jun 2024?

Oman Nominal GDP Growth was reported at 4.546 % in Jun 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.546 Jun 2024 0.765 Mar 2024 -30.526 Jun 2009 59.321 Sep 2008 % quarterly Mar 2006 - Jun 2024

Nominal GDP Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 7.871 Jun 2024 quarterly Mar 2009 - Jun 2024
Algeria (%) 6.213 Mar 2024 quarterly Mar 2000 - Mar 2024
Argentina (%) 250.930 Jun 2024 quarterly Mar 1994 - Jun 2024
Armenia (%) 6.354 Sep 2024 quarterly Dec 1995 - Sep 2024
Australia (%) 3.547 Sep 2024 quarterly Sep 1960 - Sep 2024
Austria (%) 1.388 Jun 2024 quarterly Mar 1996 - Jun 2024
Azerbaijan (%) 2.381 Jun 2024 quarterly Mar 2002 - Jun 2024
Bahrain (%) 2.392 Jun 2024 quarterly Mar 2008 - Jun 2024
Bangladesh (%) 12.407 2024 yearly 2007 - 2024
Belarus (%) 15.793 Jun 2024 quarterly Mar 1995 - Jun 2024
Belgium (%) 3.003 Jun 2024 quarterly Mar 1981 - Jun 2024
Bolivia (%) 5.208 Jun 2024 quarterly Mar 1991 - Jun 2024
Bosnia and Herzegovina (%) 2.641 Jun 2024 quarterly Mar 2009 - Jun 2024
Botswana (%) -2.189 Jun 2024 quarterly Sep 1994 - Jun 2024
Brazil (%) 8.741 Sep 2024 quarterly Mar 1991 - Sep 2024
Brunei (%) 7.833 Jun 2024 quarterly Mar 2005 - Jun 2024
Bulgaria (%) 9.514 Sep 2024 quarterly Mar 1996 - Sep 2024
Cambodia (%) 8.798 2022 yearly 1994 - 2022
Canada (%) 4.311 Sep 2024 quarterly Mar 1958 - Sep 2024
Chile (%) 9.139 Sep 2024 quarterly Mar 1991 - Sep 2024
China (%) 4.042 Sep 2024 quarterly Mar 1993 - Sep 2024
Colombia (%) 8.580 Sep 2024 quarterly Mar 2001 - Sep 2024
Croatia (%) 8.670 Sep 2024 quarterly Mar 1996 - Sep 2024
Cyprus (%) 5.660 Sep 2024 quarterly Mar 1996 - Sep 2024
Czech Republic (%) 5.202 Sep 2024 quarterly Mar 1996 - Sep 2024
Denmark (%) 8.318 Sep 2024 quarterly Mar 1991 - Sep 2024
Ecuador (%) 3.653 Jun 2024 quarterly Mar 1992 - Jun 2024
Egypt (%) 35.403 Jun 2024 quarterly Sep 2002 - Jun 2024
Estonia (%) 3.955 Sep 2024 quarterly Mar 1996 - Sep 2024
European Union (%) 4.061 Jun 2024 quarterly Mar 1996 - Jun 2024
Finland (%) 0.344 Jun 2024 quarterly Mar 1991 - Jun 2024
France (%) 3.743 Sep 2024 quarterly Mar 1950 - Sep 2024
Georgia (%) 12.367 Jun 2024 quarterly Mar 1997 - Jun 2024
Germany (%) 2.440 Sep 2024 quarterly Mar 1961 - Sep 2024
Ghana (%) 30.729 Sep 2024 quarterly Mar 2007 - Sep 2024
Greece (%) 5.123 Jun 2024 quarterly Mar 1996 - Jun 2024
Hong Kong SAR, China (%) 6.069 Sep 2024 quarterly Mar 1974 - Sep 2024
Hungary (%) 6.245 Sep 2024 quarterly Mar 1996 - Sep 2024
Iceland (%) 4.332 Jun 2024 quarterly Mar 1996 - Jun 2024
India (%) 8.043 Sep 2024 quarterly Jun 1997 - Sep 2024
Indonesia (%) 6.495 Sep 2024 quarterly Mar 1994 - Sep 2024
Iran (%) 35.070 Mar 2024 quarterly Jun 1989 - Mar 2024
Ireland (%) -1.208 Jun 2024 quarterly Mar 1996 - Jun 2024
Israel (%) 4.321 Sep 2024 quarterly Mar 1996 - Sep 2024
Italy (%) 4.543 Sep 2024 quarterly Mar 1981 - Sep 2024
Ivory Coast (%) 681.695 Mar 2023 quarterly Mar 1998 - Mar 2023
Japan (%) 2.798 Sep 2024 quarterly Mar 1981 - Sep 2024
Jordan (%) 3.975 Jun 2024 quarterly Mar 1993 - Jun 2024
Kazakhstan (%) 15.632 Dec 2023 quarterly Mar 1995 - Dec 2023
Kenya (%) 7.780 Jun 2024 quarterly Mar 2010 - Jun 2024
South Korea (%) 7.226 Jun 2024 quarterly Mar 1961 - Jun 2024
Kosovo (%) 6.248 Sep 2024 quarterly Mar 2011 - Sep 2024
Kuwait (%) 3.246 Jun 2024 quarterly Mar 2011 - Jun 2024
Kyrgyzstan (%) 11.819 Sep 2024 quarterly Mar 2001 - Sep 2024
Laos (%) 23.128 2023 yearly 1985 - 2023
Latvia (%) 2.096 Jun 2024 quarterly Mar 1996 - Jun 2024
Lebanon (%) 19.333 2020 yearly 1998 - 2020
Lithuania (%) 6.888 Sep 2024 quarterly Mar 1996 - Sep 2024
Luxembourg (%) 2.967 Jun 2024 quarterly Mar 1996 - Jun 2024
Macau SAR, China (%) 6.202 Sep 2024 quarterly Mar 1999 - Sep 2024
North Macedonia (%) 7.276 Jun 2024 quarterly Mar 2001 - Jun 2024
Malawi (%) 10.386 2021 yearly 2003 - 2021
Malaysia (%) 5.933 Sep 2024 quarterly Mar 1992 - Sep 2024
Malta (%) 7.995 Sep 2024 quarterly Mar 1996 - Sep 2024
Mauritius (%) 14.332 Jun 2024 quarterly Mar 2000 - Jun 2024
Mexico (%) 6.870 Sep 2024 quarterly Mar 1994 - Sep 2024
Moldova (%) 4.985 Jun 2024 quarterly Mar 1996 - Jun 2024
Mongolia (%) 14.383 Sep 2024 quarterly Mar 2001 - Sep 2024
Montenegro (%) 7.679 Jun 2024 quarterly Mar 2011 - Jun 2024
Morocco (%) 3.615 Jun 2024 quarterly Mar 2008 - Jun 2024
Mozambique (%) 11.026 2023 yearly 1964 - 2023
Nepal (%) 6.662 2024 yearly 2002 - 2024
Netherlands (%) 6.265 Sep 2024 quarterly Mar 1989 - Sep 2024
New Zealand (%) 3.165 Jun 2024 quarterly Jun 1988 - Jun 2024
Nigeria (%) 17.265 Sep 2024 quarterly Mar 2011 - Sep 2024
Norway (%) 3.498 Sep 2024 quarterly Mar 1979 - Sep 2024
Oman (%) 4.546 Jun 2024 quarterly Mar 2006 - Jun 2024
Pakistan (%) 26.432 2024 yearly 2001 - 2024
Palestinian Territory (%) -34.320 Jun 2024 quarterly Mar 2001 - Jun 2024
Panama (%) 3.631 Jun 2024 quarterly Mar 2008 - Jun 2024
Paraguay (%) 8.679 Jun 2024 quarterly Mar 1995 - Jun 2024
Peru (%) 5.953 Dec 2022 quarterly Mar 1991 - Dec 2022
Philippines (%) 8.515 Sep 2024 quarterly Mar 1982 - Sep 2024
Poland (%) 5.845 Jun 2024 quarterly Mar 1996 - Jun 2024
Portugal (%) 10.841 Dec 2022 quarterly Mar 1996 - Dec 2022
Qatar (%) -10.389 Dec 2023 quarterly Mar 2012 - Dec 2023
Romania (%) 12.512 Jun 2024 quarterly Mar 1996 - Jun 2024
Russia (%) 19.527 Mar 2024 quarterly Mar 1994 - Mar 2024
Saudi Arabia (%) 4.510 Jun 2024 quarterly Mar 2004 - Jun 2024
Serbia (%) 9.102 Sep 2024 quarterly Mar 1996 - Sep 2024
Singapore (%) 8.423 Sep 2024 quarterly Mar 1976 - Sep 2024
Slovakia (%) 7.535 Jun 2024 quarterly Mar 1996 - Jun 2024
Slovenia (%) 3.950 Sep 2024 quarterly Mar 1996 - Sep 2024
South Africa (%) 4.400 Sep 2024 quarterly Mar 1961 - Sep 2024
Spain (%) 6.688 Sep 2024 quarterly Mar 1971 - Sep 2024
Sri Lanka (%) 8.448 Mar 2024 quarterly Mar 2003 - Mar 2024
Sudan (%) 103.797 2020 yearly 1961 - 2020
Sweden (%) 3.008 Sep 2024 quarterly Mar 1981 - Sep 2024
Switzerland (%) 4.113 Dec 2022 quarterly Mar 1981 - Dec 2022
Syria (%) 113.698 2022 yearly 1971 - 2022

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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) 78.023 Sep 2024 monthly Jun 2003 - Sep 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) 12.000 Sep 2024 monthly Jan 2006 - Sep 2024
Government Financing (OMR mn) 12.000 Sep 2024 monthly Jan 2006 - Sep 2024
Government Expenditure: Investment (OMR mn) 105.000 Sep 2024 monthly Jun 2003 - Sep 2024
Government Expenditure: Current (OMR mn) 718.000 Sep 2024 monthly Jun 2003 - Sep 2024
Government Expenditure (OMR mn) 1,062.000 Sep 2024 monthly Jun 2003 - Sep 2024
Government Surplus or Deficit: Remaining (OMR mn) 22.000 Jul 2024 monthly Jan 2006 - Jul 2024
Government Revenue: Current (OMR mn) 170.000 Sep 2024 monthly Mar 2012 - Sep 2024
Government Revenue (OMR mn) 1,092.000 Sep 2024 monthly Jun 2003 - Sep 2024
Government Surplus or Deficit: Fiscal (OMR mn) 30.000 Sep 2024 monthly Jun 2003 - Sep 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) 1,402.1 Sep 2024 monthly Jan 1975 - Sep 2024
Total Exports (USD mn) 5,004.1 Sep 2024 monthly Mar 2003 - Sep 2024
Total Exports Growth (%) -2.1 Sep 2024 monthly Mar 2004 - Sep 2024
Aluminum: Exports (USD th) 1,500,067.073 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 135,166.038 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 7,003.054 2023 yearly 1995 - 2023
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) 433,950.703 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 179,136.184 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 134.818 Aug 2024 monthly Oct 1986 - Aug 2024
Total Imports from USA (USD mn) 100.070 Aug 2024 monthly Jan 1981 - Aug 2024
Total Exports to China (USD mn) 47.074 Jun 2017 monthly Nov 2009 - Jun 2017
Total Imports from China (USD mn) 436.931 Sep 2024 monthly Jun 1984 - Sep 2024
Re-Exports (OMR mn) 132.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports: Non Oil: United Arab Emirates (OMR mn) 92.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports: Non Oil: India (OMR mn) 68.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports: Re-Exports: ow United States (OMR mn) 3.000 Sep 2024 monthly Dec 2007 - Sep 2024
Exports: Non Oil: Saudi Arabia (OMR mn) 76.000 Aug 2024 monthly Jan 2006 - Aug 2024
Imports: Transport Equipment (OMR mn) 131.437 Sep 2024 monthly Jan 2006 - Sep 2024
Imports: United Arab Emirates (OMR mn) 330.000 Aug 2024 monthly Jan 2006 - Aug 2024
Imports: India (OMR mn) 130.000 Aug 2024 monthly Feb 2006 - Aug 2024
Imports: Saudi Arabia (OMR mn) 130.000 Aug 2024 monthly Jan 2011 - Aug 2024
Imports (OMR mn) 1,380.000 Aug 2024 monthly Jan 1975 - Aug 2024
Exports: Crude Oil: Japan (Barrel th) 0.000 Sep 2024 monthly Feb 2006 - Sep 2024
Exports: Crude Oil: India (Barrel th) 1,002.000 Sep 2024 monthly Nov 2010 - 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 Value Index (2015=100) 139.667 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 113.944 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) -964.6 2023 yearly 1974 - 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -3,188.557 2023 yearly 1974 - 2023
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: Construction (OMR mn) 466.600 2023 yearly 2005 - 2023
Foreign Direct Investment: Manufacturing (OMR mn) 2,163.200 2023 yearly 2005 - 2023
Foreign Direct Investment: Financial Intermediation (OMR mn) 1,347.600 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: India (OMR mn) 354.500 2023 yearly 2005 - 2023
Foreign Direct Investment: Kuwait (OMR mn) 1,147.600 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) 17,447.854 Sep 2024 monthly Jan 1999 - Sep 2024
Money Supply M2 (USD mn) 64,219.766 Sep 2024 monthly Jan 1999 - Sep 2024
M2 Growth (%) 13.9 Sep 2024 monthly Jan 2000 - Sep 2024
Reserve Requirement Ratio (%) 5.0 Oct 2024 monthly Jun 2006 - Oct 2024
Foreign Exchange Reserves (USD mn) 17,671.8 Sep 2024 monthly Apr 1970 - Sep 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) 571.391 Sep 2024 monthly Dec 1969 - Sep 2024
Total Deposits (USD mn) 64,825.792 Sep 2024 monthly Jan 2000 - Sep 2024
Total Deposits Growth (%) 11.1 Sep 2024 monthly Jan 2001 - Sep 2024
Domestic Credit (USD mn) 70,974.5 Sep 2024 monthly Dec 1999 - Sep 2024
Domestic Credit Growth (%) 4.7 Sep 2024 monthly Dec 2000 - Sep 2024
Total Loans (USD mn) 65,854.356 Sep 2024 monthly Dec 1998 - Sep 2024
Total Loans Growth (%) 3.21 Sep 2024 monthly Dec 1999 - Sep 2024
Private Debt: % of Nominal GDP (%) 48.74 Jun 2024 quarterly Dec 2005 - Jun 2024
Domestic Assets (OMR mn) 17,336.400 Sep 2024 monthly Dec 1999 - Sep 2024
Money Supply (OMR mn) 24,692.500 Sep 2024 monthly Jan 1999 - Sep 2024
Money Supply: Quasi Money (OMR mn) 17,983.700 Sep 2024 monthly Jan 1999 - Sep 2024
Deposits: Private Sector (OMR mn) 16,200.000 Sep 2024 monthly Jan 1999 - Sep 2024

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