GDP (constant LCU) (UNESCO Institute) in Oman

Oman: GDP (constant LCU) (UNESCO Institute) was 38.31 billion constant LCU in 2024. ◆ Volatile

Latest (2024)
38.31 billion constant LCU
Change on year
up 1.7%
World rank
152nd
of 212 countries
All-time high
38.31 billion constant LCU
in 2024
All-time low
2.89 billion constant LCU
in 1973
Years of data
55
1970–2024

GDP in Oman, 1970–2024

010.0B20.0B30.0B40.0B197019972024

Source: UNESCO Institute for Statistics. Measured in constant LCU.

Analysis

In 2024, gdp in Oman stood at 38.31 billion constant LCU. That is the highest value across all 55 years on record.

The figure is up 1.7% on the previous year and up 22.0% over ten years.

Over the whole period, gdp in Oman peaked at 38.31 billion constant LCU in 2024 and was at its lowest, 2.89 billion constant LCU, in 1973.

That places Oman 152nd out of 212 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (constant LCU) (UNESCO Institute) in Oman, year by year

Annual values for GDP (constant LCU) in Oman, 1970 to 2024.
Year constant LCU Change
1970 3.04 billion constant LCU —
1971 3.07 billion constant LCU +0.9%
1972 3.37 billion constant LCU +9.8%
1973 2.89 billion constant LCU -14.3%
1974 3.22 billion constant LCU +11.5%
1975 4.01 billion constant LCU +24.4%
1976 4.83 billion constant LCU +20.5%
1977 4.88 billion constant LCU +1.0%
1978 4.70 billion constant LCU -3.7%
1979 4.91 billion constant LCU +4.3%
1980 5.20 billion constant LCU +6.0%
1981 6.09 billion constant LCU +17.0%
1982 6.79 billion constant LCU +11.6%
1983 7.93 billion constant LCU +16.7%
1984 9.25 billion constant LCU +16.7%
1985 10.55 billion constant LCU +14.0%
1986 10.76 billion constant LCU +2.0%
1987 10.39 billion constant LCU -3.4%
1988 11.01 billion constant LCU +6.0%
1989 12.30 billion constant LCU +11.8%
1990 12.29 billion constant LCU -0.1%
1991 13.03 billion constant LCU +6.1%
1992 14.13 billion constant LCU +8.4%
1993 14.98 billion constant LCU +6.0%
1994 15.56 billion constant LCU +3.9%
1995 16.34 billion constant LCU +5.0%
1996 16.84 billion constant LCU +3.0%
1997 17.86 billion constant LCU +6.0%
1998 17.84 billion constant LCU -0.1%
1999 17.90 billion constant LCU +0.3%
2000 19.00 billion constant LCU +6.2%
2001 19.88 billion constant LCU +4.6%
2002 19.73 billion constant LCU -0.8%
2003 19.29 billion constant LCU -2.2%
2004 19.68 billion constant LCU +2.0%
2005 20.22 billion constant LCU +2.8%
2006 21.17 billion constant LCU +4.7%
2007 22.22 billion constant LCU +5.0%
2008 24.21 billion constant LCU +9.0%
2009 25.66 billion constant LCU +6.0%
2010 26.29 billion constant LCU +2.5%
2011 27.05 billion constant LCU +2.9%
2012 29.45 billion constant LCU +8.9%
2013 30.99 billion constant LCU +5.2%
2014 31.39 billion constant LCU +1.3%
2015 32.97 billion constant LCU +5.0%
2016 34.63 billion constant LCU +5.0%
2017 34.74 billion constant LCU +0.3%
2018 35.18 billion constant LCU +1.3%
2019 34.79 billion constant LCU -1.1%
2020 33.61 billion constant LCU -3.4%
2021 34.48 billion constant LCU +2.6%
2022 37.23 billion constant LCU +8.0%
2023 37.67 billion constant LCU +1.2%
2024 38.31 billion constant LCU +1.7%

Oman compared with similar countries

  • Oman's 38.31 billion constant LCU is below the median for high income countries, which is 153.41 billion constant LCU, 25% of the median. (83 countries reporting)
  • Oman's 38.31 billion constant LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 713.50 billion constant LCU, 5% of the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.89 billion constant LCU 2.89 billion constant LCU 4.91 billion constant LCU 10
1980s 9.03 billion constant LCU 5.20 billion constant LCU 12.30 billion constant LCU 10
1990s 15.68 billion constant LCU 12.29 billion constant LCU 17.90 billion constant LCU 10
2000s 21.11 billion constant LCU 19.00 billion constant LCU 25.66 billion constant LCU 10
2010s 31.75 billion constant LCU 26.29 billion constant LCU 35.18 billion constant LCU 10
2020s 36.26 billion constant LCU 33.61 billion constant LCU 38.31 billion constant LCU 5

Countries ranked near Oman

  1. 149 Bolivia 51.65 billion constant LCU compare
  2. 150 Cuba 51.24 billion constant LCU compare
  3. 151 Kuwait 40.33 billion constant LCU compare
  4. 153 Bosnia and Herzegovina 37.38 billion constant LCU compare
  5. 154 Azerbaijan 33.42 billion constant LCU compare
  6. 155 Jordan 33.40 billion constant LCU compare

See the full ranking of 212 places →

More population data for Oman

All data for Oman →

Frequently asked questions

What is gdp in Oman?
Gdp in Oman was 38.31 billion constant LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Oman?
The highest recorded value was 38.31 billion constant LCU in 2024.
What is the lowest gdp recorded in Oman?
The lowest recorded value was 2.89 billion constant LCU in 1973.
How does Oman rank for gdp?
Oman ranks 152nd out of 212 countries with data for 2024.
Is gdp rising or falling in Oman?
Over the last ten years it is up 22.0%. The long-run trend across the full record is volatile.
Where does this Oman data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.

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GDP in Oman. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-2/oman/

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About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,234 data points, 1970–2024
Last refreshed

February 2026 Data Release