om Oman 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$111.59 billion

↑ 2.55% vs 2023
GDP per Capita

$22,099.90

↑ 2.55% vs 2023
GDP Growth (Annual %)

2.55%

↑ 1.24pp vs 2023
Inflation Rate (CPI %)

N/A

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $108.81 billion $111.59 billion +2.55%
GDP per Capita $21,549.84 $22,099.90 +2.55%
GDP Growth (Annual %) 1.31% 2.55% +1.24pp
Inflation (CPI %) 0.95% N/A N/A
Unemployment Rate (%) 3.18% 3.16% -0.02pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$111.59 billion
GDP per Capita
$22,099.90
GDP Growth (Annual %)
2.55%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
N/A
Inflation (GDP Deflator %)
N/A
Unemployment Rate (%)
3.16%
Interest Rate (Real %)
N/A
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)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2024, Oman's Gross Domestic Product (GDP) is $111.59 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Oman for 2024 is $22,099.90. GDP per capita is calculated by dividing the country's GDP by its population.

Oman's annual GDP growth rate for 2024 is 2.55%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Oman for 2024 is 3.16%. This represents the percentage of the labor force that is unemployed and actively seeking employment.