Oman Private Consumption: % of GDP

1980 - 2022 | Yearly | % | CEIC Data

Key information about Oman Private Consumption: % of GDP

  • Oman Private Consumption accounted for 34.3 % of its Nominal GDP in Dec 2022, compared with a ratio of 39.3 % in the previous year.
  • Oman Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1980 to Dec 2022, with an average share of 38.8 %.
  • The data reached an all-time high of 50.3 % in Dec 1991 and a record low of 27.1 % in Dec 2008.

CEIC calculates annual Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. Private Consumption Expenditure is calculated as the sum of Household and NPISHs Consumption. National Centre for Statistics and Information provides Private Consumption Expenditure in local currency and Nominal GDP in local currency, both based on SNA 2008. Private Consumption as % of Nominal GDP prior to 1998 is based on SNA 1993.


Related information about Oman Private Consumption: % of GDP

  • In the latest reports, Oman GDP expanded 4.3 % YoY in Dec 2022.
  • Its Nominal GDP reached 27.1 USD bn in Mar 2023.
  • Oman GDP Per Capita reached 23,240.9 USD in Dec 2022.
  • Its Gross Savings Rate was measured at 34.7 % in Dec 2022.

View Oman's Private Consumption: % of GDP from 1980 to 2022 in the chart:

Oman Private Consumption: % of GDP

What was Oman's Private Consumption: % of GDP in 2022?

Oman Private Consumption accounted for 34.3 % of its Nominal GDP in Dec 2022, compared with a ratio of 39.3 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
34.3 2022 39.3 2021 27.1 2008 50.3 1991 % yearly 1980 - 2022

Private Consumption: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 73.3 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 41.2 2023 yearly 1950 - 2023
Argentina (%) 69.6 Jun 2024 quarterly Mar 1993 - Jun 2024
Armenia (%) 73.7 Jun 2024 quarterly Dec 1994 - Jun 2024
Australia (%) 50.6 Jun 2024 quarterly Sep 1959 - Jun 2024
Austria (%) 51.9 Jun 2024 quarterly Mar 1988 - Jun 2024
Azerbaijan (%) 44.0 Sep 2022 quarterly Mar 2001 - Sep 2022
Bahrain (%) 36.3 2022 yearly 1975 - 2022
Bangladesh (%) 66.8 2024 yearly 1973 - 2024
Belarus (%) 55.0 Jun 2024 quarterly Mar 1994 - Jun 2024
Belgium (%) 51.4 Jun 2024 quarterly Mar 1980 - Jun 2024
Bolivia (%) 71.8 Mar 2024 quarterly Mar 1990 - Mar 2024
Bosnia and Herzegovina (%) 62.8 Jun 2024 quarterly Mar 2008 - Jun 2024
Botswana (%) 42.8 Jun 2024 quarterly Mar 2006 - Jun 2024
Brazil (%) 63.0 Jun 2024 quarterly Mar 1996 - Jun 2024
Brunei (%) 24.2 Jun 2024 quarterly Mar 2004 - Jun 2024
Bulgaria (%) 62.6 Dec 2022 quarterly Mar 1995 - Dec 2022
Cambodia (%) 60.0 2022 yearly 1993 - 2022
Canada (%) 57.7 Jun 2024 quarterly Mar 1961 - Jun 2024
Chile (%) 65.2 Sep 2022 quarterly Mar 1996 - Sep 2022
China (%) 39.2 2023 yearly 1952 - 2023
Colombia (%) 74.5 Mar 2024 quarterly Mar 2005 - Mar 2024
Croatia (%) 58.5 Jun 2024 quarterly Mar 1995 - Jun 2024
Cyprus (%) 57.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Czech Republic (%) 45.9 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (%) 45.2 Jun 2024 quarterly Mar 1990 - Jun 2024
Ecuador (%) 63.1 Mar 2023 quarterly Mar 1991 - Mar 2023
Egypt (%) 86.8 Jun 2024 quarterly Sep 2001 - Jun 2024
Estonia (%) 53.5 Jun 2024 quarterly Mar 1993 - Jun 2024
European Union (%) 52.7 Jun 2024 quarterly Mar 1995 - Jun 2024
Finland (%) 51.8 Jun 2024 quarterly Mar 1975 - Jun 2024
France (%) 55.0 Sep 2024 quarterly Mar 1980 - Sep 2024
Georgia (%) 73.7 Jun 2024 quarterly Mar 1996 - Jun 2024
Germany (%) 53.2 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 84.2 2023 yearly 2006 - 2023
Greece (%) 70.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Hong Kong SAR, China (%) 71.7 Jun 2024 quarterly Mar 1973 - Jun 2024
Hungary (%) 50.3 Dec 2022 quarterly Mar 1995 - Dec 2022
Iceland (%) 51.0 Jun 2024 quarterly Mar 1995 - Jun 2024
India (%) 60.4 Jun 2024 quarterly Jun 1996 - Jun 2024
Indonesia (%) 55.9 Jun 2024 quarterly Mar 1993 - Jun 2024
Iran (%) 45.2 Mar 2022 quarterly Jun 1988 - Mar 2022
Ireland (%) 31.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Israel (%) 48.2 Jun 2024 quarterly Mar 1995 - Jun 2024
Italy (%) 58.6 Dec 2022 quarterly Mar 1980 - Dec 2022
Ivory Coast (%) 65.8 2023 yearly 1960 - 2023
Japan (%) 54.2 Jun 2024 quarterly Mar 1980 - Jun 2024
Jordan (%) 78.7 2023 yearly 1962 - 2023
Kazakhstan (%) 46.5 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 76.2 2023 yearly 1969 - 2023
South Korea (%) 47.6 Jun 2024 quarterly Mar 1960 - Jun 2024
Kosovo (%) 72.5 Sep 2022 quarterly Mar 2010 - Sep 2022
Kuwait (%) 32.5 2022 yearly 1962 - 2022
Kyrgyzstan (%) 84.8 Sep 2023 quarterly Mar 2000 - Sep 2023
Laos (%) 64.4 2016 yearly 2000 - 2016
Latvia (%) 59.3 Jun 2024 quarterly Mar 1995 - Jun 2024
Lebanon (%) 118.8 2021 yearly 1990 - 2021
Lithuania (%) 60.7 Dec 2022 quarterly Mar 1993 - Dec 2022
Luxembourg (%) 31.2 Sep 2022 quarterly Mar 1995 - Sep 2022
Macau SAR, China (%) 29.1 Jun 2024 quarterly Mar 1998 - Jun 2024
North Macedonia (%) 67.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Malawi (%) 79.2 2019 yearly 1960 - 2019
Malaysia (%) 59.6 Jun 2024 quarterly Mar 1991 - Jun 2024
Malta (%) 45.0 Jun 2024 quarterly Mar 1992 - Jun 2024
Mauritius (%) 59.8 Jun 2024 quarterly Mar 1999 - Jun 2024
Mexico (%) 70.0 Jun 2024 quarterly Mar 1993 - Jun 2024
Moldova (%) 82.6 Jun 2024 quarterly Mar 1995 - Jun 2024
Mongolia (%) 48.4 Jun 2024 quarterly Mar 2010 - Jun 2024
Montenegro (%) 77.1 Jun 2024 quarterly Mar 2010 - Jun 2024
Morocco (%) 56.7 Jun 2024 quarterly Mar 2007 - Jun 2024
Mozambique (%) 78.0 2023 yearly 1969 - 2022
Nepal (%) 86.1 2024 yearly 1975 - 2024
Netherlands (%) 42.4 Jun 2024 quarterly Mar 1977 - Jun 2024
New Zealand (%) 57.4 Jun 2024 quarterly Jun 1987 - Jun 2024
Nigeria (%) 61.2 2023 yearly 1981 - 2023
Norway (%) 39.4 Jun 2024 quarterly Mar 1978 - Jun 2024
Oman (%) 34.3 2022 yearly 1980 - 2022
Pakistan (%) 84.4 2024 yearly 1967 - 2024
Palestinian Territory (%) 98.6 Jun 2024 quarterly Mar 2011 - Jun 2024
Panama (%) 48.7 2022 yearly 1996 - 2022
Paraguay (%) 67.1 Jun 2024 quarterly Mar 1994 - Jun 2024
Peru (%) 65.7 Jun 2024 quarterly Mar 1980 - Jun 2024
Philippines (%) 72.5 Jun 2024 quarterly Mar 1981 - Jun 2024
Poland (%) 60.2 Jun 2024 quarterly Mar 1995 - Jun 2024
Portugal (%) 61.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Qatar (%) 20.6 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 61.5 Jun 2024 quarterly Mar 1995 - Jun 2024
Russia (%) 50.9 Jun 2024 quarterly Mar 1993 - Jun 2024
Saudi Arabia (%) 40.2 Jun 2024 quarterly Mar 2003 - Jun 2024
Serbia (%) 66.2 Dec 2022 quarterly Mar 1995 - Dec 2022
Singapore (%) 31.3 2023 yearly 1960 - 2023
Slovakia (%) 61.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Slovenia (%) 50.5 Jun 2024 quarterly Mar 1995 - Jun 2024
South Africa (%) 62.8 Jun 2024 quarterly Mar 1960 - Jun 2024
Spain (%) 55.1 Sep 2024 quarterly Mar 1980 - Sep 2024
Sri Lanka (%) 66.4 Jun 2024 quarterly Mar 2010 - Jun 2024
Sudan (%) 77.8 2016 yearly 1976 - 2016
Sweden (%) 44.9 Jun 2024 quarterly Mar 1980 - Jun 2024
Switzerland (%) 50.3 Jun 2024 quarterly Mar 1980 - Jun 2024
Syria (%) 114.8 2022 yearly 1970 - 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) 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 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 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
Exports: Non Oil: India (OMR mn) 68.000 Aug 2024 monthly Jan 2006 - Aug 2024
Re-Exports (OMR mn) 132.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports: Non Oil (OMR mn) 545.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports: Non Oil: Saudi Arabia (OMR mn) 76.000 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: 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: 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
Import Volume Index (2015=100) 84.478 2021 yearly 2000 - 2021
Export Volume Index (2015=100) 113.944 2021 yearly 1980 - 2021
Export Value Index (2015=100) 139.667 2021 yearly 1980 - 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: Liab... (USD mn) 0.000 2021 yearly 2017 - 2021
OM: BoP: Financial Account: Financial Derivatives & Employee Stock Options (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: Financial Intermediation (OMR mn) 1,347.600 2023 yearly 2005 - 2023
Foreign Direct Investment: Construction (OMR mn) 466.600 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: United Kingdom (OMR mn) 12,679.300 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 Arab Emirates (OMR mn) 998.600 2023 yearly 2005 - 2023
Foreign Direct Investment: United States of America (OMR mn) 4,325.100 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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