The Gross Domestic Product (GDP) in Oman was worth 106.94 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Oman represents 0.10 percent of the world economy. This dataset provides - Oman GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Oman Real GDP Growth

• The Gross Domestic Product (GDP) in Oman expanded 3.1 % YoY in Dec 2021, following a negative growth of 3.4 % in the previous year.
• Real GDP Growth YoY data in Oman is updated yearly, available from Dec 1999 to Dec 2021, with an average rate of 2.9 %.
• The data reached an all-time high of 9.0 % in Dec 2008 and a record low of -3.4 % in Dec 2020.

CEIC calculates annual Real GDP Growth from annual Real GDP. The National Centre for Statistics and Information provides Real GDP in local currency, at 2018 prices.


Related information about Oman Real GDP Growth

• In the latest reports, Nominal GDP of Oman reached 30.3 USD bn in Sep 2022.
• Its GDP deflator (implicit price deflator) increased 12.7 % in Dec 2021.
• GDP Per Capita in Oman reached 19,479.4 USD in Dec 2021.
• 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.

The gross domestic product (GDP) in current prices in Oman was about 106.94 billion U.S. dollars in 2024. From 1980 to 2024, the GDP rose by approximately 99.67 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP will rise by around 26.23 billion U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Oman from 2013 to 2023. In 2023, agriculture contributed around 2.31 percent to the GDP of Oman, 53.34 percent came from the industry and 46.43 percent from the services sector.

Key information about Oman Market Capitalization: % of GDP

• Oman Market Capitalization accounted for 47.3 % of its Nominal GDP in Dec 2023, compared with a percentage of 44.5 % in the previous year
• Oman Market Capitalization: % Nominal GDP is updated yearly, available from Dec 2003 to Dec 2023
• The data reached an all-time high of 54.7 % in Dec 2020 and a record low of 22.0 % in Dec 2003

CEIC calculates Market Capitalization as % of Nominal GDP from annual Market Capitalization and annual Nominal GDP. Market Capitalization is calculated as the sum of the Market Capitalizations of Manufacturing, Financial, Closely Held, Services and Insurance Companies. Muscat Stock Exchange provides Market Capitalization in local currency. The National Centre for Statistics and Information provides Nominal GDP in local currency

Oman Enterprises: GVA: Large data was reported at 6,073.300 OMR mn in Dec 2024. This records a decrease from the previous number of 6,279.000 OMR mn for Sep 2024. Oman Enterprises: GVA: Large data is updated quarterly, averaging 6,185.600 OMR mn from Dec 2021 (Median) to Dec 2024, with 13 observations. The data reached an all-time high of 7,411.900 OMR mn in Jun 2022 and a record low of 5,407.500 OMR mn in Dec 2021. Oman Enterprises: GVA: Large data remains active status in CEIC and is reported by Royal Oman Police. The data is categorized under Global Database’s Oman – Table OM.O009: Gross Value Added of Enterprises: by Size.

Oman: Population size, in number of people: The latest value from is people, unavailable from people in . In comparison, the world average is 0 people, based on data from countries. Historically, the average for Oman from to is people. The minimum value, people, was reached in while the maximum of people was recorded in .

Oman Enterprises: Gross Value Added (GVA) data was reported at 8,326.600 OMR mn in Dec 2024. This records a decrease from the previous number of 8,511.900 OMR mn for Sep 2024. Oman Enterprises: Gross Value Added (GVA) data is updated quarterly, averaging 8,326.600 OMR mn from Dec 2021 (Median) to Dec 2024, with 13 observations. The data reached an all-time high of 9,620.500 OMR mn in Sep 2022 and a record low of 7,380.100 OMR mn in Dec 2021. Oman Enterprises: Gross Value Added (GVA) data remains active status in CEIC and is reported by Royal Oman Police. The data is categorized under Global Database’s Oman – Table OM.O009: Gross Value Added of Enterprises: by Size.

Oman No. of Active Enterprises: Private: Large data was reported at 725.000 NA in Dec 2024. This records a decrease from the previous number of 728.000 NA for Sep 2024. Oman No. of Active Enterprises: Private: Large data is updated quarterly, averaging 714.000 NA from Dec 2021 (Median) to Dec 2024, with 13 observations. The data reached an all-time high of 733.000 NA in Jun 2022 and a record low of 693.000 NA in Sep 2022. Oman No. of Active Enterprises: Private: Large data remains active status in CEIC and is reported by Royal Oman Police. The data is categorized under Global Database’s Oman – Table OM.O008: Number of Active Private Enterprises: by Size.

This statistic shows gross domestic product (GDP) of the MENA countries in 2024. The MENA region in North Africa and the Middle East comprises the countries Algeria, Bahrain, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates, and Yemen. In 2024, the GDP of Saudi Arabia amounted to approximately 1.085 trillion U.S. dollars.

Discover the booming Omani oil and gas market, projected to grow at a CAGR exceeding 4% until 2033. This in-depth analysis covers market size, key players (Shell, PDO, TotalEnergies), regional trends, and future growth projections. Invest wisely in Oman's energy sector! Recent developments include: In March 2023, Oman's Duqm Refinery project, one of the largest refining and petrochemical project, is expected to reach total production by the end of 2023. The refinery project covers about 900 hectares, is located at the heart of the Special Economic Zone of Duqm (SEZD), and is a 50-50 joint venture between state-owned Oman's OQ Group and Kuwait Petroleum International (KPI). Once operational, the Duqm refinery project will improve the country's refining capacity by refining 230,000 barrels of crude oil products daily, serving demand growth in the region and globally., In May 2022: The Salalah Free Zone signed two agreements with a net investment of USD 89 million to establish a plant for producing petrochemical products and a workshop for maintaining and repairing containers.. Notable trends are: Increasing Number of New Refineries to Witness Significant Growth.

Abstract

The Global Findex 2025 reveals how mobile technology is equipping more adults around the world to own and use financial accounts to save formally, access credit, make and receive digital payments, and pursue opportunities. Including the inaugural Global Findex Digital Connectivity Tracker, this fifth edition of Global Findex presents new insights on the interactions among mobile phone ownership, internet use, and financial inclusion.

The Global Findex is the world’s most comprehensive database on digital and financial inclusion. It is also the only global source of comparable demand-side data, allowing cross-country analysis of how adults access and use mobile phones, the internet, and financial accounts to reach digital information and resources, save, borrow, make payments, and manage their financial health. Data for the Global Findex 2025 were collected from nationally representative surveys of about 145,000 adults in 141 economies. The latest edition follows the 2011, 2014, 2017, and 2021 editions and includes new series measuring mobile phone ownership and internet use, digital safety, and frequency of transactions using financial services.

The Global Findex 2025 is an indispensable resource for policy makers in the fields of digital connectivity and financial inclusion, as well as for practitioners, researchers, and development professionals.

Geographic coverage

National Coverage

Analysis unit

Individual

Kind of data

Observation data/ratings [obs]

Sampling procedure

In most low- and middle-income economies, Global Findex data were collected through face-to-face interviews. In these economies, an area frame design was used for interviewing. In most high-income economies, telephone surveys were used. In 2024, face-to-face interviews were again conducted in 22 economies after phone-based surveys had been employed in 2021 as a result of mobility restrictions related to COVID-19. In addition, an abridged form of the questionnaire was administered by phone to survey participants in Algeria, China, the Islamic Republic of Iran, Libya, Mauritius, and Ukraine because of economy-specific restrictions. In just one economy, Singapore, did the interviewing mode change from face to face in 2021 to phone based in 2024.

In economies in which face-to-face surveys were conducted, the first stage of sampling was the identification of primary sampling units. These units were then stratified by population size, geography, or both and clustered through one or more stages of sampling. Where population information was available, sample selection was based on probabilities proportional to population size; otherwise, simple random sampling was used. Random route procedures were used to select sampled households. Unless an outright refusal occurred, interviewers made up to three attempts to survey each sampled household. To increase the probability of contact and completion, attempts were made at different times of the day and, where possible, on different days. If an interview could not be completed at a household that was initially part of the sample, a simple substitution method was used to select a replacement household for inclusion.

Respondents were randomly selected within sampled households. Each eligible household member (that is, all those ages 15 or older) was listed, and a handheld survey device randomly selected the household member to be interviewed. For paper surveys, the Kish grid method was used to select the respondent. In economies in which cultural restrictions dictated gender matching, respondents were randomly selected from among all eligible adults of the interviewer’s gender.

In economies in which Global Findex surveys have traditionally been phone based, respondent selection followed the same procedure as in previous years, using random digit dialing or a nationally representative list of phone numbers. In most economies in which mobile phone and landline penetration is high, a dual sampling frame was used.

The same procedure for respondent selection was applied to economies in which phone-based interviews were being conducted for the first time. Dual-frame (landline and mobile phone) random digit dialing was used where landline presence and use are 20 percent or higher based on historical Gallup estimates. Mobile phone random digit dialing was used in economies with limited or no landline presence (less than 20 percent). For landline respondents in economies in which mobile phone or landline penetration is 80 percent or higher, respondents were selected randomly by using either the next-birthday method or the household enumeration method, which involves listing all eligible household members and randomly selecting one to participate. For mobile phone respondents in these economies or in economies in which mobile phone or landline penetration is less than 80 percent, no further selection was performed. At least three attempts were made to reach the randomly selected person in each household, spread over different days and times of day.

Research instrument

The English version of the questionnaire is provided for download.

Sampling error estimates

Estimates of standard errors (which account for sampling error) vary by country and indicator. For country-specific margins of error, please refer to the Methodology section and corresponding table in: Klapper, Leora, Dorothe Singer, Laura Starita, and Alexandra Norris. 2025. The Global Findex Database 2025: Connectivity and Financial Inclusion in the Digital Economy. Washington, DC: World Bank. https://doi.org/10.1596/978-1-4648-2204-9.

Key information about Oman Foreign Exchange Reserves: % of GDP

• Oman Foreign Exchange Reserves: % of GDP was reported at 16.368 % in Sep 2024
• This records an increase from the previous number of 15.425 % for Jun 2024
• Oman Foreign Exchange Reserves: % of GDP data is updated quarterly, averaging 18.663 % from Dec 2005 to Sep 2024, with 76 observations
• The data reached an all-time high of 28.178 % in Jun 2016 and a record low of 13.504 % in Dec 2006
• Oman Foreign Exchange Reserves: % of GDP 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: Foreign Exchange Reserves: % of Nominal GDP: Quarterly

CEIC calculates quarterly Foreign Exchange Reserves as % of Nominal GDP from monthly Foreign Exchange Reserves and quarterly Nominal GDP. The Central Bank of Oman provides Foreign Exchange Reserves in local currency. The National Centre for Statistics and Information provides year-to-date Nominal GDP in local currency based on SNA 2008. Foreign Exchange Reserves as % of Nominal GDP prior to Q4 2010 is calculated from Nominal GDP based on SNA 1993.

The absolute economic contribution of tourism in Oman was forecast to continuously increase between 2024 and 2029 by in total *** billion U.S. dollars (+**** percent). After the ninth consecutive increasing year, the economic contribution is estimated to reach * billion U.S. dollars and therefore a new peak in 2029. Depited is the economic contribution of the tourism sector in the country or region at hand.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to *** countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the absolute economic contribution of tourism in countries like Qatar and Iraq.

Government Spending in Oman increased to 7531.60 OMR Million in 2024 from 7387 OMR Million in 2023. This dataset provides - Oman Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Oman No. of Active Enterprises: Private: Small data was reported at 30,163.000 NA in Dec 2024. This records an increase from the previous number of 29,972.000 NA for Sep 2024. Oman No. of Active Enterprises: Private: Small data is updated quarterly, averaging 29,972.000 NA from Dec 2021 (Median) to Dec 2024, with 13 observations. The data reached an all-time high of 32,085.000 NA in Dec 2023 and a record low of 18,967.000 NA in Dec 2021. Oman No. of Active Enterprises: Private: Small data remains active status in CEIC and is reported by Royal Oman Police. The data is categorized under Global Database’s Oman – Table OM.O008: Number of Active Private Enterprises: by Size.

Discover the booming Oman commercial real estate market! This in-depth analysis reveals a $7.68B market in 2025, projecting 8.78% CAGR growth to 2033. Learn about key drivers, trends, and top players like Omran Group and Malik Developments. Invest wisely with our market insights. Key drivers for this market are: 4., Rise In Population4.; Foreign Investments. Potential restraints include: 4., High Cost. Notable trends are: Hospitality sector witnessing lucrative growth.

Key information about Oman Employed Persons

• Oman Employed Persons was reported at 2,275,007.000 Person in Dec 2023
• It recorded an increase from the previous number of 2,150,449.000 Person for Dec 2022
• Oman Employed Persons data is updated yearly, averaging 1,095,657.000 Person from Dec 1986 to 2023, with 31 observations
• The data reached an all-time high of 2,275,007.000 Person in 2023 and a record low of 345,421.000 Person in 1986
• Oman Employed Persons 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: Employed Persons: Annual

CEIC calculates annual Employed Persons as the sum of Employment Private Sector and Employment Government. National Centre for Statistics and Information provides Employed Persons.

Oman Digital Transformation Market size was valued at USD 2.12 Billion in 2024 and is expected to reach USD 5.24 Billion by 2032, growing at a CAGR of 12% from 2026-2032.

Oman Digital Transformation Market Drivers

National Digital Strategy: The Omani government is actively promoting digital transformation through its national digital strategy, aimed at creating a digitally empowered society and economy.

Vision 2040: This long-term national development plan emphasizes the importance of digital transformation in achieving economic diversification, enhancing competitiveness, and improving the quality of life.

e-Government Services: The government is investing in developing and expanding e-government services to improve efficiency and accessibility.

Diversifying Away from Oil: Oman is actively seeking to diversify its economy away from its reliance on oil revenues. Digital transformation is seen as a key enabler of this diversification.

Focus on Key Sectors: The government is focusing on developing key sectors such as tourism, logistics, manufacturing, and technology, all of which rely heavily on digital technologies.

Foreign Exchange Reserves in Oman increased to 7425.90 OMR Million in September from 7338.60 OMR Million in August of 2025. This dataset provides - Oman Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.