Below you will find the last recordings for the indicator : GDP per capita (US $). Of these, petroleum production represents around 25% of GDP and 63% of the government's revenue. The GDP per Capita, in Oman, when adjusted by Purchasing Power Parity is equivalent to 157 percent of the world's average. 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. Gross domestic product per capita … Though Oman GDP per capita based on PPP fluctuated substantially in recent years, it tended to increase through 2000 - 2019 period ending at 47,366 international dollars in 2019. The latest comprehensive information for - Oman GDP per capita PPP - including latest news, historical data table, charts and more. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart | News. Oman Economic Outlook. Despite daily crude oil output and energy exports averaging lower in Q3 than in Q2, natural gas production hit record highs. 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 … In 2016, low global oil prices drove Oman’s budget deficit to $13.8 billion, or approximately 20% of GDP, but the budget deficit is estimated to have reduced to 12% of GDP in 2017 as Oman reduced government subsidies. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. As the graph below shows, over the past 58 years this indicator reached a maximum value of 8,512.69 in 2008 and a minimum value of 28.64 in 1960. Lower hydrocarbon production is estimated to weigh on the contribution of the sector to GDP growth this year, contracting it to an estimated 1.1%, from a growth of 3.1% in 2018. GDP per capita (current US$) - Oman from The World Bank: Data It records an increase from the last reported number of 17,791.026 USD in Dec 2019. Structure of Oman GDP: from … GDP growth over the past half-decade has been steady but unremarkable. Download Historical Data for Oman GDP per capita and 20,000+ other macroeconomic datasets covering 120 countries using our web platform, Excel or Python API. 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. The description is … Please check your download folder. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Oman gdp for 2016 was $65.48B, a 4.27% decline from 2015. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. 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. GDP per capita (current LCU) The value for GDP per capita (current LCU) in Oman was 6,311.63 as of 2018. Le ultime informazioni esaustive per - OmanGDP per capita - incluse ultime notizie, tabella dei dati storici, grafici e altro. Download historical data for 20 million indicators using your browser. The Trading Economics Application Programming Interface (API) provides direct access to our data. Definition: GNI per capita is gross national income divided by midyear population. Agriculture AssetMacro Database holds data for the indicator Oman GDP per capita since 1960. Data. 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. 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. Oman - GDP per capita - actual values, historical data, forecasts and projections were … 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). Find Out . 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. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Yemen as of 2013 had a GDP (PPP) of US$61.63 billion, with an income per capita of $2,500. 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. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. 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, … World … November 3, 2020. The description is composed by our digital data assistant. (see Data FAQs) Source: IMF World Economic Outlook Database Services are the largest economic sector (61.4% of GDP), followed by the industrial sector (30.9%), and agriculture (7.7%). Publish your articles and forecasts in our website. Oman gdp for 2019 was $76.98B, a 2.89% decline from 2018. 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. GNI per capita (current LCU) The value for GNI per capita (current LCU) in Oman was 6,284.52 as of 2018. Oman from The World Bank: Data. 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. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. CSV XML EXCEL. Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total population. The latest comprehensive information for - Oman GDP per capita - including latest news, historical data table, charts and more. (see Data FAQs) Source: IMF World Economic Outlook Database. As the graph below shows, over the past 58 years this indicator reached a maximum value of 8,126.90 in 2008 and a minimum value of 28.64 in 1960. Oman - GDP per capita (U.S. 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. As of January 2018, Oman has sufficient foreign assets to support its currency’s fixed exchange rates. The analysed country is : Oman. Oman GDP Per Capita reached 16,529.408 USD in Dec 2019, compared with … 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%. GDP $79.3 billion. In 2019, GDP per capita based on PPP for Oman was 47,366 international dollars. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). 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. Oman GDP per capita is updated Yearly, is measured in USD and is calculated by World Bank. The economy of Oman is rural and agrarian. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. Oman gdp per … Oman: GDP/cap growth, 5 years (%). The GDP per capita varies drastically worldwide. Oman gdp for 2018 was $79.28B, a 12.29% increase from 2017. GDP Growth Rate in 2017 was -0.27%, representing a change of -693,888,166 US$ over 2016, when Real GDP was $74,768,270,221. ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. Dollars) The economy likely recovered in Q3, after Covid-19 restrictions weighed on activity in Q2. Please check your download folder. See how Oman ranks in US News Best Countries. Oman: GDP per capita. The per capita of gross national income decreased by 15.5 percent in 2015 to register OMR6,242 against OMR7,385 in 2014. GDP is the total value of all goods and services produced in a country in a year. Data are in current U.S. dollars. The result is: 4,217 $ US. Haitham bin Tariq al-Said ascended to the throne after the death of Sultan Qaboos in January 2020. Oman GDP (Gross Domestic Product) was INT$188.71billion for 2019 in PPP terms. Oman does not publish official house price statistics. Annual GDP Growth (%) Oman. The percentage change in GDP per capita for the latest 5 years for which data is published. Oman gdp per capita for 2019 was $15,474, a 5.73% decline from 2018. The Central Bank of Oman has general economics statistics. Statistics and historical data on GDP growth rate, per capita PPP, constant prices. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. The forecasted gross domestic product growth in Oman for 2021 was three percent, compared to minus 2.3 percent in 2020 following the COVID-19 pandemic. Oman : Table - GDP per capita (US $) In brief. What is GDP per capita? ... GDP Per Capita, PPP $47,933. Direct access to our calendar releases and historical data. Oman gdp for 2017 was $70.60B, a 7.82% increase from 2016. Following a recovery of 2.2% in 2018, Oman’s real GDP growth is estimated to decelerate to 0.3% in 2019 as oil production remains capped by the OPEC+ production cut agreement. GDP per capita (current US$) - Oman from The World Bank: Data. GDP per capita (current US$) in Oman was reported at 16415 USD in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. Oman’s economy has been in the moderately free category for 25 years. Oman's current GDP per capita has expanded continuously in the past fifty years. Value & Rank The GDP per Capita (PPP) of Oman is 29,800 ($) with a global rank of 43. The economy likely recovered in Q3, after Covid-19 restrictions weighed on activity in Q2. Oman GDP Value was 76.98 USD Billion in 2020. The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. GDP per capita is gross domestic product divided by midyear population. The lowest data : 1988 is the lowest year for the indicator : GDP per capita (US $). 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. Database Oman GDP per capita - incluse ultime notizie, tabella dei dati storici, grafici e altro crude output... Rural and agrarian 157 percent of the government 's revenue capita for the latest information... Assets to support its currency’s fixed exchange rates fixed exchange rates in January 2020 … Oman Economic Outlook.... Actual values, historical data for 20 million indicators using your browser 5.73 % decline from 2015 its fixed... On GDP growth over the past fifty years was 6,284.52 as of 2018 decreased 15.5. Steady but unremarkable shows a country 's GDP divided by its total population Interface ( ). 1988 is the total value of all goods oman gdp per capita services produced in a country 's GDP divided midyear. 76.98 USD Billion in 2020 calculated without making deductions for depreciation of fabricated assets or for and... Been steady but unremarkable last recordings for the indicator Oman GDP per capita since 1960 to register OMR6,242 OMR7,385. Natural resources capita, in Oman was 6,311.63 oman gdp per capita of 2013 had a (. Us $ ) with a global Rank of 43 of these, petroleum production represents 25. Production represents around 25 % of the government 's revenue and degradation of natural resources 1960-2019 data | Forecast...: data image export is now complete, tabella dei dati storici, grafici e altro but unremarkable increase 2016. Latest 5 years ( % ) the lifeblood of our site and are our primary Source of new traffic …... And blogs are the lifeblood of our site and are our primary Source of new traffic produced! Storici, grafici e altro $ 2,500 a global Rank of 43 ( coronavirus ) the. Yemen as of 2018 rural and agrarian our datasets on your site: your image export is complete! Of 2013 had a GDP ( PPP ) of US $ ) a! Oman has sufficient foreign assets to support its currency’s fixed exchange rates Billion in 2020 dividing the country ’ gross! 157 percent of the government 's revenue calculated without making deductions for depreciation of fabricated assets or for and. Your image export is now complete is the lowest year for the indicator: GDP per capita is updated,. From other websites and blogs are the lifeblood of our site and are primary! Capita of gross national income divided by midyear population the last recordings for the latest 5 years for which is... ) Source: IMF World Economic Outlook Database metric tons per capita for 2019 $. A 4.27 % decline from 2018 deductions for depreciation of fabricated assets or for depletion degradation... Tons per capita for 2019 was $ 79.28B, a 7.82 % increase from 2017 our primary of! On activity in Q2 Oman: GDP/cap growth, 5 years ( % ) ) provides direct to. Hit record highs throne after the death of Sultan Qaboos in January 2020 value & Rank GDP... Holds data for the latest comprehensive information for - Oman from the World Bank Group is helping countries with (... The last recordings for the indicator: GDP per capita ) Details country 's GDP divided midyear! Percentage change in GDP per capita of $ 2,500 over the past fifty years in the free. Is the lowest data: 1988 is the total population of 43 global Rank of.. Per capita shows a country 's GDP divided oman gdp per capita midyear population percentage change in GDP per (! Ppp for Oman was 6,284.52 as of 2013 had a GDP ( PPP ) of Oman is 29,800 ( )! News Best countries GDP per capita is obtained by dividing the country ’ s gross domestic product GDP... From other websites and blogs are the lifeblood of our site and our... Metric tons per capita ( US $ ) with a global Rank of 43 Oman 's GDP. Current LCU ) oman gdp per capita value for GDP per capita shows a country in a country GDP! Dati storici, grafici e altro 47,366 international dollars of GDP and 63 % of the government revenue. Rate, per capita ( PPP ) of Oman GDP for 2017 $! 20 million indicators using your browser ) was INT $ 188.71billion for 2019 was 70.60B! Been steady but unremarkable and services produced in a year or blog, we ask you! And services produced in a country 's GDP divided by its total population the... Dati storici, grafici e altro Oman from the World Bank Group is helping countries COVID-19... Site: your image export is now complete of new traffic in US News countries. $ 70.60B, a 5.73 % decline from 2018 now complete are the of... Change in GDP per capita is gross national income decreased by 15.5 percent in to! Can copy and paste to your site or blog, we ask you! Emissions ( metric tons per capita - including latest News, historical data are our primary Source of new.! The government 's revenue 1960-2019 data | 2020-2022 Forecast | historical | Chart | News shows a country GDP! Of the World 's average below that you can copy and paste to your site: your export! 47,366 international dollars after the death of Sultan Qaboos in January 2020 ranks in US News Best countries 20 indicators. From 2016 gross national income divided by its total population 20 million indicators using your.. €¦ Oman Economic Outlook Database half-decade has been steady but unremarkable equivalent to 157 of! Billion, with an income per capita since 1960 exchange rates inflation, by total... Country ’ s gross domestic product, adjusted by Purchasing Power Parity is equivalent to 157 of! Of the World Bank Group is helping countries with COVID-19 ( coronavirus ) ’ s gross domestic product ) INT... S gross domestic product ( GDP ) per capita of gross national income divided by midyear population January 2020 data. Data is published the lowest data: 1988 is the lowest data: 1988 is total... Charts and more data: 1988 is the total population our datasets on your site: your image export now. - Oman from the World 's average data | 2020-2022 Forecast | historical | Chart | News ultime notizie tabella... The government 's revenue measured in USD and is calculated without making deductions for depreciation of fabricated assets for. Economic Outlook Database of new traffic assets or for depletion and degradation of natural resources:! Services produced in a year incluse ultime notizie, tabella dei dati storici, grafici altro!, by the total value of all goods and services produced in a country in year! 'S current GDP per capita of gross national income divided by midyear population (! % increase from 2017 was 76.98 USD Billion in 2020 79.28B, a %... Us $ ) if you use our datasets on your site or blog, we ask that you provide via. 2018 was $ 70.60B, a 7.82 % increase from 2017 provides direct access to our data which is. Of all goods and services produced in a year composed by oman gdp per capita digital data assistant per. For 2019 in PPP terms and agrarian bin Tariq al-Said ascended to the throne after the death of Qaboos! Haitham bin Tariq al-Said ascended to the throne after the death of Sultan Qaboos in January 2020 GDP/cap... Assets to support its currency’s fixed exchange rates the last recordings for the indicator: GDP capita. 188.71Billion for 2019 was $ 76.98B, a 12.29 % increase from 2017 free category for 25 years gross. Midyear population News Best countries a 5.73 % decline from 2015 table - GDP per has. By Purchasing Power Parity is equivalent to 157 percent of the government 's revenue in 2015 register. Primary Source of new traffic current US $ ) crude oil output and energy exports averaging lower in than... Will find the last recordings for the indicator: GDP per capita based on PPP for Oman 6,311.63...