Oman
OMNMiddle East, North Africa, Afghanistan & PakistanHigh incomeCapital: MuscatEconomy
Fiscal
People
Health
Education
Trade
Energy / Env
Tech
Governance
Equality
Infra
Labor
71/80 indicators · percentile vs world (IMF / WB / WHO)underover
GDP
$114
2027▲ 4.8%
Population
5.3M
2024▲ 4.6%
GDP per Capita
$19,485
2027▲ 1.6%
Life Expectancy
80.0 years
2023▲ 2.7%
Oman in world space2000–2023
192 countries · log scale on X world Oman· trajectory line: 1980 → today
▶About Oman
Oman's GDP is $108.91B (2026), with a population of 5.3M, and GDP per capita of $19,182. Key indicators include real GDP growth of 4.0%, inflation at 1.5%, government debt at 33.0% of GDP, life expectancy of 80.0 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
The economy is characterized by high income status, with a projected GDP of $108.913 billion in 2026. The GDP growth rate is expected to reach 4.0% in the same year, driven by diversified economic activities beyond oil and gas. The GDP per capita is forecasted to be $19,181.581, indicating a relatively affluent population. Inflation is projected to be low at 1.5% in 2026, while trade remains a significant component of the economy, with trade/GDP ratio at 114.85% in 2024. Unemployment is anticipated to be 3.251% in 2025, reflecting a stable labor market. Society benefits from a high life expectancy of 80.031 years as of 2023, indicating robust healthcare and living standards. The population is projected to be 5,281,538 in 2024, with ongoing efforts in social development and infrastructure to support this growing demographic. The capital, Muscat, serves as the economic and administrative hub, contributing significantly to the region's development.
▶Economy30 indicators · 2021–2027 · IMF / WB
▶Fiscal & Monetary12 indicators · 2021–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Inflation, Consumer Prices (%) | 2.0% | 2027 | ▲ 33.3% | IMF |
| Govt Gross Debt (% of GDP) | 31.3% | 2027 | ▼ 5.2% | IMF |
| Fiscal Balance (% of GDP) | 2.3% | 2027 | ▲ 130.0% | IMF |
| Current Account Balance (% of GDP) | 0.6% | 2027 | ▲ 185.7% | IMF |
| Inflation, CPI (%, World Bank) | 0.6% | 2024 | ▼ 37.6% | WB |
| Real Interest Rate (%) | -5.9% | 2021 | — | WB |
| Lending Interest Rate (%) | 5.5% | 2021 | — | WB |
| Deposit Interest Rate (%) | 4.2% | 2021 | ▲ 2.9% | WB |
| Total Reserves incl. Gold (USD) | $18.29B | 2024 | ▲ 4.8% | WB |
| Total Reserves (months of imports) | 3.7 | 2024 | ▼ 3.9% | WB |
| Official Exchange Rate (per USD) | 0.38 | 2024 | ▲ 0.0% | WB |
| PPP Conversion Factor | 0.19 | 2024 | ▼ 3.1% | WB |
▶Trade15 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 114.9% | 2024 | ▲ 7.9% | WB |
| Exports of Goods & Services (% of GDP) | 66.1% | 2024 | ▲ 7.3% | WB |
| Imports of Goods & Services (% of GDP) | 48.8% | 2024 | ▲ 8.7% | WB |
| Exports of Goods & Services (USD) | $70.79B | 2024 | ▲ 8.3% | WB |
| Imports of Goods & Services (USD) | $52.26B | 2024 | ▲ 9.7% | WB |
| Merchandise Exports (USD) | $63.02B | 2024 | ▲ 6.8% | WB |
| Merchandise Imports (USD) | $43.46B | 2024 | ▲ 12.1% | WB |
| FDI Inflows (% of GDP) | 11.6% | 2024 | ▼ 1.5% | WB |
| FDI Outflows (% of GDP) | -0.1% | 2024 | ▲ 19.9% | WB |
| FDI Net Inflows (USD) | $12.47B | 2024 | ▼ 0.6% | WB |
| Personal Remittances Received (USD) | $39.0M | 2024 | ▲ 0.0% | WB |
| Personal Remittances Received (% of GDP) | 0.0% | 2024 | ▼ 0.9% | WB |
| High-Tech Exports (% of manufactured) | 5.0% | 2023 | ▼ 34.3% | WB |
| Current Account Balance (% of GDP) | 2.9% | 2024 | ▲ 25.0% | WB |
| Current Account Balance (USD) | $3.07B | 2024 | ▲ 26.1% | WB |
▶Finance8 indicators · 2022–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Domestic Credit to Private Sector (% of GDP) | 59.8% | 2023 | ▲ 7.1% | WB |
| Stock Market Capitalization (% of GDP) | 20.3% | 2022 | ▼ 6.4% | WB |
| Stock Market Capitalization (USD) | $22.27B | 2022 | ▲ 17.8% | WB |
| Stock Market Turnover (% of GDP) | 0.8% | 2023 | ▼ 62.2% | WB |
| Listed Domestic Companies | 110 | 2022 | ▲ 0.0% | WB |
| Account Ownership at Financial Institution (%) | 69.5% | 2024 | — | WB |
| Account Ownership, Female (%) | 67.1% | 2024 | — | WB |
| Account Ownership, Male (%) | 70.7% | 2024 | — | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 5.3M | 2024 | ▲ 4.6% | WB |
| Population Growth (%) | 4.5% | 2024 | ▼ 31.1% | WB |
| Population Density (per km²) | 16 | 2023 | ▲ 6.7% | WB |
| Surface Area (sq km) | 309,500 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 309,500 | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 79.4% | 2024 | ▼ 0.2% | WB |
| Urban Population (total) | 4.2M | 2024 | ▲ 4.4% | WB |
| Rural Population (%) | 20.6% | 2024 | ▲ 0.6% | WB |
| Life Expectancy at Birth | 80.0 years | 2023 | ▲ 2.7% | WB |
| Life Expectancy, Male | 78.5 years | 2023 | ▲ 2.3% | WB |
| Life Expectancy, Female | 81.9 years | 2023 | ▲ 3.2% | WB |
| Fertility Rate (births per woman) | 2.5 | 2023 | ▲ 3.1% | WB |
| Birth Rate (per 1,000) | 16.8 | 2023 | ▲ 3.0% | WB |
| Death Rate (per 1,000) | 1.9 | 2023 | ▼ 10.8% | WB |
| Net Migration | 113,734 | 2025 | ▼ 26.3% | WB |
| Population Ages 0–14 (%) | 24.7% | 2024 | ▼ 2.0% | WB |
| Population Ages 15–64 (%) | 72.6% | 2024 | ▲ 0.7% | WB |
| Population Ages 65+ (%) | 2.6% | 2024 | ▼ 0.6% | WB |
| Age Dependency Ratio (%) | 37.7% | 2024 | ▼ 2.6% | WB |
| Old-Age Dependency Ratio (%) | 3.6% | 2024 | ▼ 1.3% | WB |
| Youth Dependency Ratio (%) | 34.0% | 2024 | ▼ 2.7% | WB |
| Mortality Rate, Adult Male (per 1,000) | 57.8 | 2023 | ▼ 14.9% | WB |
| Mortality Rate, Adult Female (per 1,000) | 36.7 | 2023 | ▼ 24.1% | WB |
▶Labor19 indicators · 2022–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Labor Force | 2.8M | 2025 | ▲ 4.7% | WB |
| Labor Force Participation (%) | 68.4% | 2025 | ▲ 0.1% | WB |
| Female Labor Force Participation (%) | 30.0% | 2025 | ▼ 0.3% | WB |
| Male Labor Force Participation (%) | 88.1% | 2025 | ▲ 0.0% | WB |
| Unemployment (%) | 3.3% | 2025 | ▲ 1.5% | WB |
| Female Unemployment (%) | 11.1% | 2025 | ▼ 2.5% | WB |
| Male Unemployment (%) | 1.9% | 2025 | ▲ 7.1% | WB |
| Youth Unemployment (%) | 13.9% | 2025 | ▲ 2.7% | WB |
| Employment in Agriculture (%) | 5.9% | 2025 | ▼ 1.8% | WB |
| Employment in Industry (%) | 39.4% | 2025 | ▼ 0.2% | WB |
| Employment in Services (%) | 54.6% | 2025 | ▲ 0.3% | WB |
| Self-Employed (%) | 70.6% | 2022 | ▲ 6.0% | WB |
| Vulnerable Employment (%) | 3.8% | 2025 | ▲ 0.3% | WB |
| Wage & Salaried Workers (% of total) | 95.0% | 2025 | ▼ 0.0% | WB |
| Employers (% of total employment) | 1.1% | 2025 | ▼ 0.4% | WB |
| Labor Force, Female (% of total) | 14.9% | 2025 | ▼ 1.0% | WB |
| Employment to Population Ratio (%) | 66.2% | 2025 | ▲ 0.1% | WB |
| Self-Employed (% of total) | 5.0% | 2025 | ▲ 0.1% | WB |
| NEET Youth (% not in education/employment) | 25.5% | 2022 | — | WB |
▶Education21 indicators · 2009–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 4.3% | 2022 | ▼ 37.5% | WB |
| Education Spending (% of govt expenditure) | 14.2% | 2022 | ▼ 8.2% | WB |
| Adult Literacy Rate (%) | 97.3% | 2022 | ▲ 0.5% | WB |
| Female Literacy Rate (%) | 94.9% | 2022 | ▲ 0.5% | WB |
| Male Literacy Rate (%) | 98.6% | 2022 | ▲ 0.3% | WB |
| Youth Literacy Rate (%) | 99.7% | 2022 | ▼ 0.0% | WB |
| Primary School Enrollment (%) | 89.2% | 2022 | ▲ 0.1% | WB |
| Secondary School Enrollment (%) | 92.0% | 2022 | ▼ 2.5% | WB |
| Tertiary School Enrollment (%) | 43.8% | 2021 | ▼ 9.4% | WB |
| Primary Completion Rate (%) | 86.6% | 2022 | ▼ 2.2% | WB |
| Lower Secondary Completion Rate (%) | 90.1% | 2022 | ▼ 8.5% | WB |
| Out-of-School Children, Primary | 40,605 | 2022 | ▲ 7.0% | WB |
| Out-of-School Girls, Primary | 19,469 | 2022 | ▲ 9.4% | WB |
| Primary School Teachers | 34,743 | 2024 | ▲ 15.3% | WB |
| Secondary School Teachers | 43,982 | 2024 | ▲ 2.2% | WB |
| Pupil-Teacher Ratio, Primary | 10 | 2018 | — | WB |
| Pupil-Teacher Ratio, Secondary | 10 | 2018 | — | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 33.0% | 2009 | — | WB |
| Pupil-Teacher Ratio (Primary) | 99.6 | 2023 | ▲ 0.0% | WB |
| Education Spending, Secondary (% of govt) | 32.1% | 2013 | — | WB |
| Education Spending, Tertiary (% of govt) | 26.9% | 2009 | — | WB |
▶Health40 indicators · 2017–2024 · WHO
▶Energy & Environment16 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 18.7 | 2024 | ▼ 1.6% | WB |
| CO₂ Emissions (total kilotonnes) | 99 | 2024 | ▲ 2.9% | WB |
| Energy Use (kg oil eq. per capita) | 5,867 | 2022 | ▼ 1.1% | WB |
| Electric Power Consumption (kWh per capita) | 8,158 | 2022 | ▼ 1.2% | WB |
| Renewable Electricity Output (%) | 1.9% | 2021 | ▲ 369.2% | WB |
| Renewable Energy Consumption (%) | 0.1% | 2021 | ▲ 0.0% | WB |
| Access to Electricity (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| Access to Clean Fuels for Cooking (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| PM2.5 Air Pollution (µg/m³) | 39.6 | 2020 | — | WB |
| Forest Area (%) | 0.0% | 2023 | ▼ 2.6% | WB |
| Forest Area (sq km) | 24 | 2023 | ▼ 2.2% | WB |
| Arable Land (%) | 0.3% | 2023 | ▲ 5.5% | WB |
| Terrestrial Protected Areas (%) | 18.3% | 2024 | ▲ 976.5% | WB |
| Marine Protected Areas (%) | 16.2% | 2024 | ▲ 3950.0% | WB |
| Access to Basic Drinking Water (%) | 92.7% | 2024 | ▲ 0.1% | WHO |
| Access to Basic Sanitation (%) | 99.3% | 2024 | ▲ 0.0% | WHO |
▶Agriculture12 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 4.8% | 2023 | ▲ 0.4% | WB |
| Cereal Yield (kg per hectare) | 29,147 | 2023 | ▼ 17.1% | WB |
| Food Production Index (2014–2016=100) | 170.1 | 2022 | ▲ 22.4% | WB |
| Crop Production Index (2014–2016=100) | 161.7 | 2022 | ▲ 4.8% | WB |
| Livestock Production Index (2014–2016=100) | 186.6 | 2022 | ▲ 74.9% | WB |
| Land Under Cereal Production (hectares) | 7,724 | 2023 | ▲ 14.9% | WB |
| Total Fisheries Production (metric tonnes) | 677,365 | 2023 | ▼ 9.5% | WB |
| Fertilizer Consumption (kg per hectare) | 301.5 | 2023 | ▼ 12.5% | WB |
| Prevalence of Undernourishment (%) | 5.9% | 2023 | ▲ 0.0% | WB |
| Agricultural Irrigated Land (%) | 7.3% | 2023 | ▼ 0.4% | WB |
| Annual Freshwater Withdrawals (% of internal) | 116.7% | 2022 | ▲ 0.0% | WB |
| Cereal Production (metric tons) | 225,134 | 2023 | ▼ 4.7% | WB |
▶Technology13 indicators · 2021–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 95.3% | 2024 | ▲ 0.0% | WB |
| Mobile Subscriptions (per 100 people) | 135 | 2023 | ▼ 1.2% | WB |
| Fixed Broadband Subscriptions (per 100) | 10.9 | 2023 | ▼ 0.0% | WB |
| Secure Internet Servers (per million) | 286.7 | 2024 | ▲ 2.6% | WB |
| R&D Spending (% of GDP) | 0.37% | 2023 | ▲ 33.5% | WB |
| Patent Applications, Residents | 30 | 2021 | ▲ 172.7% | WB |
| Patent Applications, Non-Residents | 511 | 2021 | ▼ 1.5% | WB |
| Scientific Journal Articles | 1,588 | 2022 | ▲ 13.5% | WB |
| High-Technology Exports (USD) | $441.8M | 2023 | ▼ 43.7% | WB |
| ICT Service Exports (% of service exports) | 7.0% | 2024 | ▼ 3.7% | WB |
| ICT Service Exports (USD) | $393.4M | 2024 | ▼ 7.1% | WB |
| Industrial Design Applications, Resident | 17 | 2021 | — | WB |
| Researchers in R&D (per million) | 655 | 2023 | ▲ 71.0% | WB |
▶Infrastructure6 indicators · 2021–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Air Transport, Passengers Carried | 8.7M | 2023 | ▲ 53.8% | WB |
| Air Transport, Freight (million ton-km) | 542.3 | 2023 | ▲ 92.6% | WB |
| Container Port Traffic (TEU) | 5.2M | 2022 | ▼ 0.1% | WB |
| Logistics Performance Index (1–5) | 3.30 | 2022 | — | WB |
| Electricity from Oil (%) | 2.8% | 2022 | ▼ 21.2% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender8 indicators · 2018–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 0.0% | 2024 | — | WB |
| Female Labor Force Participation, 15+ (%) | 39.9% | 2022 | ▲ 14.2% | WB |
| Female Wage & Salaried Workers (%) | 93.6% | 2025 | ▼ 0.0% | WB |
| Girls Out-of-School Rate (%) | 101.9% | 2018 | — | WB |
| Adolescent Fertility Rate (per 1,000) | 6 | 2023 | ▲ 1.9% | WB |
| Gender Parity Index, Primary | 100.17 | 2018 | — | WB |
| Gender Parity Index, Secondary | 0.94 | 2021 | ▲ 1.9% | WB |
| Gender Parity in Primary Education | 1.00 | 2021 | ▼ 6.3% | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | 0.22 | 2023 | ▲ 308.8% | WB |
| Government Effectiveness | 0.27 | 2023 | ▲ 1176.9% | WB |
| Political Stability | 0.59 | 2023 | ▲ 10.2% | WB |
| Regulatory Quality | 0.43 | 2023 | ▲ 0.4% | WB |
| Rule of Law | 0.61 | 2023 | ▲ 22.8% | WB |
| Voice & Accountability | -1 | 2023 | ▲ 12.5% | WB |
| Control of Corruption (percentile rank) | 60.8% | 2023 | ▲ 5.7% | WB |
| Government Effectiveness (percentile rank) | 62.3% | 2023 | ▲ 15.8% | WB |
| Rule of Law (percentile rank) | 70.3% | 2023 | ▲ 5.7% | WB |
| Political Stability (percentile rank) | 65.9% | 2023 | ▲ 4.2% | WB |
▶Military6 indicators · 2020–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Military Spending (% of GDP) | 5.6% | 2024 | ▲ 1.2% | WB |
| Military Expenditure (USD) | $5.99B | 2024 | ▲ 2.3% | WB |
| Armed Forces Personnel | 47,000 | 2020 | — | WB |
| Armed Forces (% of labor force) | 2.1% | 2020 | — | WB |
| Military Spending (% of govt expenditure) | 20.1% | 2024 | ▲ 0.1% | WB |
| Intentional Homicides (per 100,000) | 0.1 | 2023 | ▼ 45.4% | WB |
▶Social Protection4 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Human Capital Index (0–1) | 0.61 | 2020 | — | WB |
| Human Capital Index, Female | 0.65 | 2020 | — | WB |
| Human Capital Index, Male | 0.58 | 2020 | — | WB |
| Learning-Adjusted Years of School | 8.6 years | 2020 | — | WB |
▶Tourism6 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 869,000 | 2020 | — | WB |
| International Tourism, Departures | 1.7M | 2020 | — | WB |
| Tourism Receipts (USD) | $669.0M | 2020 | — | WB |
| Tourism Expenditures (USD) | $1.24B | 2020 | — | WB |
| Tourism Receipts (% of total exports) | 1.9% | 2020 | — | WB |
| International Tourism, Transport Services (USD) | $228.0M | 2020 | — | WB |
▶Urban Development7 indicators · 2022–2025 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 4.3% | 2024 | ▼ 27.4% | WB |
| Population in Largest City | 1.7M | 2025 | ▲ 1.6% | WB |
| Population in Largest City (% of urban) | 39.0% | 2025 | ▼ 2.4% | WB |
| Population in Agglomerations >1M (% of total) | 31.0% | 2025 | ▼ 2.4% | WB |
| Population in Slums (% of urban) | 0.0% | 2022 | — | WB |
| Rural Population Growth (%) | 5.1% | 2024 | ▼ 41.3% | WB |
| Access to Safely Managed Drinking Water (%) | 91.1% | 2024 | ▲ 0.1% | WHO |
