Middle East, North Africa, Afghanistan & Pakistan · High income
Oman: the economy in numbers
Per person: $19,947, or $42,295 at purchasing power parity. Population: 5.49 million (2025).
GDP in 2025, current US dollars: #71 of 204 economies. IMF forecast for 2026: +4.1%.
GDP
Adjusted for US inflation, in 2025 dollars: $482 million in 1960, $110 billion in 2025.
GDP per capita
In 2025 dollars: $908 per person in 1960, $19,947 in 2025.
Real GDP growth
Average over 2016–2025: 1.8% a year. Years of falling GDP since 1961: 9 of 65.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Inflation
Consumer prices rose by 62.2% from 2000 to 2025. Highest annual inflation: 12.4% in 2008.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Government debt, % of GDP
Highest since 1990: 67.9% of GDP in 2020. IMF forecast for 2031: 29.0%.
Stock market capitalization, % of GDP
In 2025 listed domestic companies were worth $41.3 billion, or 37.7% of GDP.
Population
1960: 530,485 · 2025: 5.49 million.
Unemployment rate
1991: 4.1% · 2025: 3.3%.
Life expectancy at birth
1960: 35.4 years · 2024: 80.2 years.
Exports of goods and services
1967: 33.8% · 2024: 66.1%.
Data by year
Show the year-by-year table
| Year | GDP | GDP per capita | Per capita, PPP | Real growth | Inflation | Gov. debt, % GDP | Population | Unemployment | Stock market, % GDP | Life expectancy | Exports, % GDP |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2031 | 2.6%f | 2.0%f | 29.0%f | ||||||||
| 2030 | 3.0%f | 2.0%f | 29.4%f | ||||||||
| 2029 | 2.9%f | 2.0%f | 29.8%f | ||||||||
| 2028 | 2.5%f | 2.2%f | 30.1%f | ||||||||
| 2027 | 2.2%f | 2.7%f | 29.8%f | ||||||||
| 2026 | 4.1%f | 3.2%f | 31.1%f | ||||||||
| 2025 | $110B | $19,947 | $42,295 | 2.4% | 1.0% | 34.7% | 5.49M | 3.3% | 37.7% | ||
| 2024 | $107B | $20,285 | $41,801 | 1.6% | 0.6% | 35.5% | 5.28M | 3.2% | 29.9% | 80.2 | 66.1% |
| 2023 | $106B | $21,028 | $41,980 | 1.4% | 1.0% | 37.4% | 5.05M | 3.2% | 21.9% | 80.0 | 61.6% |
| 2022 | $110B | $23,224 | $42,610 | 8.0% | 2.5% | 41.7% | 4.73M | 3.3% | 20.3% | 77.9 | 63.3% |
| 2021 | $87.3B | $19,403 | $38,719 | 2.6% | 1.7% | 61.9% | 4.5M | 1.9% | 21.6% | 76.0 | 53.3% |
| 2020 | $75.9B | $16,785 | $35,163 | −3.4% | −0.4% | 67.9% | 4.52M | 2.9% | 21.7% | 77.8 | 47.1% |
| 2019 | $88.1B | $19,180 | $37,251 | −1.1% | 0.5% | 52.5% | 4.59M | 2.0% | 19.4% | 79.9 | 49.5% |
| 2018 | $91.5B | $19,902 | $37,780 | 1.3% | 0.9% | 44.7% | 4.6M | 1.8% | 20.5% | 79.9 | 50.6% |
| 2017 | $80.9B | $17,820 | $33,619 | 0.3% | 1.6% | 40.1% | 4.54M | 2.5% | 26.3% | 79.7 | 45.7% |
| 2016 | $75.1B | $17,110 | $33,334 | 5.0% | 1.1% | 29.3% | 4.39M | 3.3% | 31.0% | 79.6 | 41.3% |
| 2015 | $78.7B | $18,808 | $36,058 | 5.0% | 0.1% | 13.9% | 4.18M | 3.4% | 52.2% | 79.3 | 49.7% |
| 2014 | $92.7B | $23,161 | $44,236 | 1.3% | 1.0% | 4.0% | 4.0M | 3.5% | 40.8% | 79.0 | 61.4% |
| 2013 | $89.9B | $23,458 | $47,013 | 5.2% | 1.1% | 4.7% | 3.83M | 3.6% | 40.9% | 78.6 | 66.0% |
| 2012 | $87.4B | $24,642 | $49,989 | 8.9% | 2.9% | 4.6% | 3.55M | 3.8% | 34.7% | 78.2 | 62.7% |
| 2011 | $77.5B | $25,188 | $52,393 | 2.9% | 4.0% | 4.4% | 3.08M | 4.0% | 34.7% | 77.7 | 63.9% |
| 2010 | $65B | $23,570 | $55,667 | 2.5% | 3.3% | 5.5% | 2.76M | 3.9% | 43.6% | 77.2 | 59.1% |
| 2009 | $55.5B | $20,656 | $55,127 | 6.0% | 3.5% | 5.8% | 2.68M | 4.0% | 40.5% | 76.6 | 52.8% |
| 2008 | $69.8B | $26,577 | $52,841 | 9.0% | 12.4% | 3.2% | 2.63M | 4.1% | 29.5% | 76.1 | 56.7% |
| 2007 | $48.3B | $18,793 | $48,627 | 5.0% | 5.8% | 4.4% | 2.57M | 4.3% | 55.2% | 75.6 | 54.6% |
| 2006 | $42.6B | $16,931 | $46,091 | 4.7% | 3.5% | 7.6% | 2.51M | 4.4% | 37.8% | 75.4 | 53.8% |
| 2005 | $35.5B | $14,435 | $43,673 | 2.8% | 1.9% | 8.4% | 2.46M | 4.6% | 43.0% | 75.1 | 55.3% |
| 2004 | $28.4B | $11,801 | $42,142 | 2.0% | 0.6% | 14.5% | 2.4M | 4.7% | 33.2% | 74.8 | 49.8% |
| 2003 | $24.7B | $10,464 | $40,935 | −2.2% | 0.2% | 13.0% | 2.36M | 4.6% | 74.5 | 49.8% | |
| 2002 | $23.1B | $9,869 | $41,511 | −0.8% | −0.3% | 15.9% | 2.34M | 4.3% | 74.3 | 51.1% | |
| 2001 | $22.2B | $9,612 | $41,679 | 4.6% | −0.8% | 22.5% | 2.31M | 4.3% | 18.3% | 74.0 | 52.1% |
| 2000 | $22.3B | $9,754 | $39,443 | 6.2% | −1.2% | 21.7% | 2.28M | 4.4% | 18.8% | 73.6 | 52.9% |
| 1999 | $17.8B | $7,915 | $36,792 | 0.3% | 0.5% | 28.9% | 2.25M | 4.4% | 23.4% | 73.3 | 42.9% |
| 1998 | $16B | $7,219 | $36,666 | −0.1% | 0.4% | 30.9% | 2.22M | 4.3% | 27.4% | 72.9 | 36.8% |
| 1997 | $18B | $8,235 | $36,809 | 6.0% | −0.4% | 20.8% | 2.19M | 4.2% | 41.6% | 72.5 | 43.9% |
| 1996 | $17.4B | $8,068 | $34,661 | 3.0% | 0.5% | 21.2% | 2.16M | 4.3% | 17.5% | 72.0 | 43.7% |
| 1995 | $15.7B | $7,414 | $33,598 | 5.0% | −1.1% | 21.9% | 2.12M | 4.2% | 15.1% | 71.6 | 38.6% |
| 1994 | $14.7B | $7,068 | $31,925 | 3.9% | −0.7% | 23.6% | 2.08M | 4.1% | 14.5% | 71.1 | 37.7% |
| 1993 | $14.2B | $7,039 | $30,987 | 6.0% | 1.1% | 22.2% | 2.02M | 4.0% | 11.3% | 70.6 | 37.8% |
| 1992 | $14.2B | $7,318 | $29,773 | 8.4% | 1.0% | 23.1% | 1.94M | 4.2% | 70.1 | 39.2% | |
| 1991 | $12.9B | $6,977 | $28,109 | 6.1% | 4.6% | 22.6% | 1.85M | 4.1% | 69.6 | 37.8% | |
| 1990 | $13.3B | $7,546 | $26,904 | −0.1% | 10.0% | 17.8% | 1.76M | 69.0 | 41.4% | ||
| 1989 | $9.37B | $5,591 | 11.8% | 1.6% | 1.68M | 68.4 | |||||
| 1988 | $8.39B | $5,279 | 6.0% | 1.6% | 1.59M | 67.7 | 40.0% | ||||
| 1987 | $7.81B | $5,204 | −3.4% | 2.6% | 1.5M | 67.0 | 48.9% | ||||
| 1986 | $7.32B | $5,182 | 2.0% | 7.6% | 1.41M | 66.2 | 39.2% | ||||
| 1985 | $10B | $7,549 | 14.0% | −4.0% | 1.33M | 65.3 | 49.8% | ||||
| 1984 | $8.82B | $7,070 | 16.7% | −7.4% | 1.25M | 64.3 | 50.3% | ||||
| 1983 | $7.93B | $6,714 | 16.7% | −2.1% | 1.18M | 63.2 | 53.7% | ||||
| 1982 | $7.55B | $6,759 | 11.6% | 2.5% | 1.12M | 62.0 | 58.5% | ||||
| 1981 | $7.26B | $6,866 | 17.0% | 6.4% | 1.06M | 60.8 | 64.7% | ||||
| 1980 | $5.98B | $5,974 | 6.0% | 10.0% | 1.0M | 59.6 | 62.7% | ||||
| 1979 | $3.73B | $3,934 | 4.3% | 949K | 58.3 | 61.1% | |||||
| 1978 | $2.74B | $3,044 | −3.7% | 900K | 57.0 | 58.3% | |||||
| 1977 | $2.74B | $3,205 | 1.0% | 855K | 55.5 | 58.3% | |||||
| 1976 | $2.56B | $3,143 | 20.5% | 815K | 54.4 | 62.3% | |||||
| 1975 | $2.1B | $2,692 | 24.4% | 779K | 52.5 | 67.6% | |||||
| 1974 | $1.65B | $2,203 | 11.5% | 747K | 51.2 | 73.7% | |||||
| 1973 | $483M | $670 | −14.3% | 721K | 50.0 | 67.8% | |||||
| 1972 | $367M | $524 | 9.8% | 701K | 48.7 | 59.4% | |||||
| 1971 | $301M | $442 | 0.9% | 681K | 47.9 | 65.8% | |||||
| 1970 | $256M | $387 | 13.9% | 663K | 46.6 | 73.7% | |||||
| 1969 | $240M | $372 | 25.7% | 645K | 45.6 | 74.6% | |||||
| 1968 | $189M | $300 | 81.9% | 629K | 44.4 | 70.1% | |||||
| 1967 | $107M | $175 | 66.2% | 613K | 43.2 | 33.8% | |||||
| 1966 | $67.8M | $113 | 5.2% | 599K | 42.0 | ||||||
| 1965 | $63.3M | $108 | 0.4% | 585K | 40.8 | ||||||
| 1964 | $61.9M | $108 | 0.1% | 573K | 39.6 | ||||||
| 1963 | $59.9M | $107 | 4.5% | 561K | 38.5 | ||||||
| 1962 | $56.3M | $102 | 20.2% | 550K | 37.4 | ||||||
| 1961 | $45.6M | $85 | 1.1% | 540K | 36.4 | ||||||
| 1960 | $44.2M | $83 | 530K | 35.4 |
e: IMF estimate; f: IMF forecast. Inflation: IMF data for 1980–2000, World Bank for the other years.
Nearby economies in Middle East, North Africa, Afghanistan & Pakistan
Nearest by distance between capitals, with GDP per capita.
Afghanistan · Algeria · Bahrain · Djibouti · Egypt · Iran · Iraq · Israel · Jordan · Kuwait · Lebanon · Libya · Malta · Morocco · Oman · Pakistan · Qatar · Saudi Arabia · Syria · Tunisia · United Arab Emirates · West Bank and Gaza · Yemen
Rankings
GDP by country · GDP per capita · Real GDP growth · Inflation by country · Government debt to GDP · Stock market to GDP · Population by country · Unemployment by country
Data and methods
- GDP: gross domestic product in current US dollars, converted from the local currency at market exchange rates (World Bank); not adjusted for inflation.
- Purchasing power parity (PPP): GDP per person in international dollars, which buy the same basket of goods and services in every country. It compares living standards across countries in the same year; it is not adjusted for inflation over time.
- In 2025 dollars: the charts can remove US inflation (US consumer price index, annual average) so that dollar amounts from different years compare in today's money. Exchange rate swings still show.
- Growth and inflation: World Bank data (calendar years). Years the World Bank does not cover yet, and the estimates and forecasts, come from the IMF World Economic Outlook (October 2026): its forecasts start in 2026, and the years after a country's last actual year are IMF estimates.
- Government debt: gross debt of the general government (central, state and local government and social security funds) as a percentage of GDP, IMF. The World Bank's central government debt is narrower and covers fewer countries.
- Stock market capitalization: the end-of-year value of domestic companies listed on the country's exchanges (World Federation of Exchanges via the World Bank; before 2016, Standard & Poor's), as a percentage of GDP: the “Buffett indicator”. Investment funds are excluded, and so are companies listed only abroad; companies from elsewhere that list on an exchange count for its country (Hong Kong lists many mainland Chinese companies).
- Unemployment: ILO modeled estimates (share of the labor force); comparable across countries, but they may differ from national figures.
Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)