We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Oman GDP Value was 76.98 USD Billion in 2020. Data. Oman gdp for 2017 was $70.60B, a 7.82% increase from 2016. The lowest data : 1988 is the lowest year for the indicator : GDP per capita (US $). The Gross Domestic Product per capita in Oman was last recorded at 27896.30 US dollars in 2019, when adjusted by purchasing power parity (PPP). The analysed country is : Oman. Value & Rank The GDP per Capita (PPP) of Oman is 29,800 ($) with a global rank of 43. GDP Growth Rate in 2017 was -0.27%, representing a change of -693,888,166 US$ over 2016, when Real GDP was $74,768,270,221. Following a recovery of 2.2% in 2018, Oman’s real GDP growth is estimated to decelerate to 0.3% in 2019 as oil production remains capped by the OPEC+ production cut agreement. 17,791 (US dollars) in 2019 Oman GDP per capita was at level of 17,791 US dollars in 2019, down from 18,970 US dollars previous year, this is a change of 6.21%. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. ... GDP Per Capita, PPP $47,933. World … November 3, 2020. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Le ultime informazioni esaustive per - OmanGDP per capita - incluse ultime notizie, tabella dei dati storici, grafici e altro. The latest comprehensive information for - Oman GDP per capita PPP - including latest news, historical data table, charts and more. The GDP per capita varies drastically worldwide. The per capita of gross national income decreased by 15.5 percent in 2015 to register OMR6,242 against OMR7,385 in 2014. In brief. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Oman compared to other Countries The GDP per Capita (PPP) of Oman is similar to that of Saudi Arabia, Faeroe Islands, New Zealand, Spain, United Arab Emirates, Bahrain, Italy, Malta, Turks and Caicos Islands, Guam with a respective GDP per Capita (PPP) of 31,300, 30,500, 30,400, 30,100, 29,900, … If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Oman's current GDP per capita has expanded continuously in the past fifty years. GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. Please check your download folder. ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. The economy of Oman is rural and agrarian. The description is … Of these, petroleum production represents around 25% of GDP and 63% of the government's revenue. Lower hydrocarbon production is estimated to weigh on the contribution of the sector to GDP growth this year, contracting it to an estimated 1.1%, from a growth of 3.1% in 2018. Oman’s economy has been in the moderately free category for 25 years. In the long-term, the Oman GDP per capita is projected to trend around 14615.00 USD in 2021 and 15150.00 USD in 2022, according to our econometric models. Oman does not publish official house price statistics. Oman gdp for 2016 was $65.48B, a 4.27% decline from 2015. Oman from The World Bank: Data. The GDP per Capita, in Oman, when adjusted by Purchasing Power Parity is equivalent to 157 percent of the world's average. Gross domestic product per capita … GDP per capita in Oman is expected to reach 14430.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. Please check your download folder. Oman GDP (Gross Domestic Product) was INT$188.71billion for 2019 in PPP terms. Oman gdp for 2018 was $79.28B, a 12.29% increase from 2017. GDP is the total value of all goods and services produced in a country in a year. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. In 2016, low global oil prices drove Oman’s budget deficit to $13.8 billion, or approximately 20% of GDP, but the budget deficit is estimated to have reduced to 12% of GDP in 2017 as Oman reduced government subsidies. GDP per capita (current LCU) The value for GDP per capita (current LCU) in Oman was 6,311.63 as of 2018. GDP per Capita in Oman (with a population of 4,665,928 people) was $15,876 in 2017, a decrease of $817 from $16,692 in 2016; this represents a change of … The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. The economy likely recovered in Q3, after Covid-19 restrictions weighed on activity in Q2. Oman: GDP/cap growth, 5 years (%). Agriculture Oman GDP per capita is updated Yearly, is measured in USD and is calculated by World Bank. Oman: GDP per capita. As of January 2018, Oman has sufficient foreign assets to support its currency’s fixed exchange rates. The latest comprehensive information for - Oman GDP per capita - including latest news, historical data table, charts and more. Structure of Oman GDP: from … GDP $79.3 billion. Definition: GNI per capita is gross national income divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Services are the largest economic sector (61.4% of GDP), followed by the industrial sector (30.9%), and agriculture (7.7%). Oman gdp per capita for 2019 was $15,474, a 5.73% decline from 2018. The Central Bank of Oman has general economics statistics. Dollars) The economy likely recovered in Q3, after Covid-19 restrictions weighed on activity in Q2. Yemen as of 2013 had a GDP (PPP) of US$61.63 billion, with an income per capita of $2,500. GDP per capita (current US$) in Oman was reported at 16415 USD in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. Direct access to our calendar releases and historical data. GDP per capita (current US$) - Oman from The World Bank: Data It records an increase from the last reported number of 17,791.026 USD in Dec 2019. As the graph below shows, over the past 58 years this indicator reached a maximum value of 8,512.69 in 2008 and a minimum value of 28.64 in 1960. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Flexible monthly access to CEIC data The gross domestic product of a country is dependent upon the country’s economic standing and overall profits compared to expenses. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. Oman gdp per … Oman Coronavirus Cases at 127931.00 Persons, Oman Coronavirus Deaths at 1489.00 Persons, Oman Capital Flows at 1345.00 OMR Million, Oman Central Bank Balance Sheet at 7887.20 OMR Million, Oman Changes in Inventories at -806.70 OMR Million, Oman CPI Housing & Utilities at 104.20 points, Oman Competitiveness Index at 63.61 Points, China Shanghai Composite Rise 0.6% in Early Trade, Australia Private Credit Rises 0.1% MoM in November, US Crude Stocks Rise for 6th Straight Week. Despite daily crude oil output and energy exports averaging lower in Q3 than in Q2, natural gas production hit record highs. ... CO2 emissions (metric tons per capita) Details. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The description is composed by our digital data assistant. It grew 339% in the 1960s reaching a peak growth of 1,370% in the 1970s scaling back to modest 13% growth in the 1980s and rising again to 34% in the 1990s. (see Data FAQs) Source: IMF World Economic Outlook Database Below you will find the last recordings for the indicator : GDP per capita (US $). GDP per capita (current US$) - Oman from The World Bank: Data. Oman gdp for 2019 was $76.98B, a 2.89% decline from 2018. The Trading Economics Application Programming Interface (API) provides direct access to our data. Despite daily crude oil output and energy exports averaging lower in Q3 than in Q2, natural gas production hit record highs. Publish your articles and forecasts in our website. Annual GDP Growth (%) Oman. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart | News. However, the new sultan's plans to accelerate economic diversification will be constrained by the impact of the coronavirus (Covid-19) pandemic, sharply lower oil prices and global economic volatility. 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