Oman 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$75.91 billion
↓ 13.80% vs 2019GDP per Capita
$16,784.86
↓ 12.49% vs 2019GDP Growth (Annual %)
-3.38%
↓ 2.25pp vs 2019Inflation Rate (CPI %)
-0.41%
↓ 0.90pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $88.06 billion | $75.91 billion | -13.80% |
| GDP per Capita | $19,180.19 | $16,784.86 | -12.49% |
| GDP Growth (Annual %) | -1.13% | -3.38% | -2.25pp |
| Inflation (CPI %) | 0.49% | -0.41% | -0.90pp |
| Unemployment Rate (%) | 2.04% | 2.94% | +0.90pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $75.91 billion
- GDP per Capita
- $16,784.86
- GDP Growth (Annual %)
- -3.38%
- Gross National Income
- $70.30 billion
Prices & Employment
- Inflation (CPI %)
- -0.41%
- Inflation (GDP Deflator %)
- -10.78%
- Unemployment Rate (%)
- 2.94%
- Interest Rate (Real %)
- 18.21%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -16.55%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Oman's Gross Domestic Product (GDP) is $75.91 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Oman for 2020 is $16,784.86. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Oman for 2020 is -0.41%. This measures the annual percentage change in the cost of consumer goods and services.
Oman's annual GDP growth rate for 2020 is -3.38%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Oman for 2020 is 2.94%. This represents the percentage of the labor force that is unemployed and actively seeking employment.