Oman OM: GDP: Gross Value Added at Basic Prices

1960 - 2022 | Yearly | OMR mn | World Bank

Oman OM: GDP: Gross Value Added at Basic Prices data was reported at 44,638.900 OMR mn in 2022. This records an increase from the previous number of 34,193.377 OMR mn for 2021. Oman OM: GDP: Gross Value Added at Basic Prices data is updated yearly, averaging 6,630.877 OMR mn from Dec 1960 (Median) to 2022, with 46 observations. The data reached an all-time high of 44,638.900 OMR mn in 2022 and a record low of 15.200 OMR mn in 1960. Oman OM: GDP: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Oman – Table OM.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at basic prices (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at basic prices is derived by subtracting net product taxes from GDP. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

View Oman's Oman OM: GDP: Gross Value Added at Basic Prices from 1960 to 2022 in the chart:

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Oman Oman OM: GDP: Gross Value Added at Basic Prices
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Oman Oman OM: GDP: Gross Value Added at Basic Prices

What was Oman's Oman OM: GDP: Gross Value Added at Basic Prices in 2022?

Last Previous Min Max Unit Frequency Range
44,638.900 2022 34,193.377 2021 15.200 1960 44,638.900 2022 OMR mn yearly 1960 - 2022

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Oman Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 46,034.277 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 22,164.117 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.519 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 12.7 2021 yearly 1999 - 2021
GDP per Capita (USD) 23,240.897 2022 yearly 1980 - 2022
Gross Fixed Capital Formation (USD mn) 25,222.984 2022 yearly 1975 - 2022
Gross National Product (GNP) (USD mn) 103,436.389 2022 yearly 1965 - 2022
Gross Savings Rate (%) 34.7 2022 yearly 1980 - 2022
Investment: % of GDP (%) 26.9 2022 yearly 1967 - 2022
Nominal GDP (USD mn) 27,116.8 Mar 2023 quarterly Mar 2005 - Mar 2023
Nominal GDP Growth (%) 4.546 Jun 2024 quarterly Mar 2006 - Jun 2024
Private Consumption Expenditure (USD mn) 38,442.752 2022 yearly 1980 - 2022
Private Consumption: % of GDP (%) 34.3 2022 yearly 1980 - 2022
Public Consumption Expenditure (USD mn) 20,032.027 2022 yearly 1980 - 2022
Public Consumption: % of GDP (%) 17.9 2022 yearly 1980 - 2022
Real GDP Growth (%) 3.1 2021 yearly 1999 - 2021
Total Trade of Goods & Services: % of Nominal GDP (%) 95.667 2021 yearly 1980 - 2021
Production Last Frequency Range
Gold Production (kg) 0.000 2021 yearly 1993 - 2021
Industrial Production Index Growth (%) -1.9 Apr 2017 monthly Jul 1968 - Apr 2017
Minerals Production (Metric Ton) 96,545,840.000 2022 yearly 2009 - 2022
Silver Production (Metric Ton) 0.000 2021 yearly 1996 - 2021
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 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 Debt: % of GDP (%) 36.5 2023 yearly 1990 - 2023
Tax Revenue (USD mn) 4,872.086 2023 yearly 1996 - 2023
National Government Debt (USD mn) 39,697.0 2023 yearly 1990 - 2023
Consolidated Fiscal Balance (USD mn) 122.237 Aug 2024 monthly Jun 2003 - Aug 2024
Tax Revenue: % of GDP (%) 4.5 2023 yearly 1996 - 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 2,275,007.000 2023 yearly 1986 - 2023
Forecast: Population (Person mn) 5.592 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Labour Force Participation Rate (%) 68.3 2023 yearly 1990 - 2023
Labour Productivity Growth (%) -4.24 2023 yearly 1999 - 2023
Population (Person mn) 4.5 2020 yearly 1977 - 2020
Unemployment Rate (%) 4.70 Sep 2024 monthly Mar 2018 - Sep 2024
Domestic Trade and Household Survey Last Frequency Range
Household Expenditure per Capita (USD) 3,110.731 2011 yearly 2007 - 2011
Household Income per Capita (USD) 4,964.629 2011 yearly 2007 - 2011
Motor Vehicle Sales: Commercial Cars (Unit) 13,576.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 49,924.000 2019 yearly 2005 - 2019
Motor Vehicles Sales (Unit) 63,500 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) -0.2 2019 yearly 2006 - 2019

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