General profile: Oman

GENERAL INFORMATION FOR 2016
Population
Population
Exchange rates
Exchange rate
GDP
GDP
4.425 Millions
0.385 OMR/US$
63 171 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
..
1.10 %
3.06 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-23.4 %
Merchandise exports growth rate in 2016
Total merchandise trade
(millions of US$)
2005
2010
2015
2016
Merchandise exports
18 692
36 601
31 927
24 455
Merchandise imports
8 971
19 973
29 007
23 260
Merchandise trade balance
9 721
16 629
2 919
1 195
Export structure by product group in 2016
(as % of total exports)
0 %0 %20 %20 %69 %69 %5 %5 %6 %6 %
Top 5 partners in 2016
(exports, millions of US$)
11 1482 1061 4381 1651 09311 1482 1061 4381 1651 093
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2016
Services exports
939
1 808
3 483
-
Services imports
3 145
6 364
10 102
-
Services trade balance
-2 207
-4 557
-6 619
-
Services exports by main category ²
(as % of total services)
2005
2010
2015
2016
Transport
31.9
29.1
36.1
-
Travel
45.7
43.3
44.2
-
Other services
22.4
27.6
19.7
-
TRADE INDICES
More data on UNCTADstat
158158217217280280301301279279249249216216171171223223157157148148137137103103116116106106989810010010610614914924124124324324924923123119219214914925325317617617917915615611211211711797978686100100158217280301279249216171223157148137103116106981001061492412432492311921492531761791561121179786100
ECONOMIC TRENDS
More data on UNCTADstat
+3.1 %
Gross domestic product growth rate in 2016
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
GDP, current
31 082
58 641
69 832
63 171
GDP per capita, current US$
12 377
19 281
16 627
14 277
Real GDP growth, y-on-y, %
2.49
4.80
5.65
3.06
Current account balance, % of GDP
16.66
8.33
-15.48
-13.61
Exchange rate (/US$)
0.385
0.385
0.385
0.385
GDP by expenditure in 2015
(as % of total GDP)
33.127.435.956.152.533.127.435.956.152.5
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+1.2 %
FDI outflows as % of GDP in 2016
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
FDI inflows
1 538.00
1 243.00
-2 692.00
142.00
FDI outflows
234.00
1 498.00
294.00
862.00
Personal remittances, % of GDP
0.13
0.07
0.06
0.05
Financial flows trends
(millions of US$)
38.738.739.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.0142142-2 692-2 6921 5061 5061 6121 6121 3651 3651 6281 6281 2431 2431 4851 4852 9522 9523 3323 3321 5971 5971 5381 538111111252512212255838338.739.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.0142-2 6921 5061 6121 3651 6281 2431 4852 9523 3321 5971 53811125122583FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2016
Balance, % of GDP
27.21
24.16
3.58
-
Balance, % of imports
75.68
58.45
6.82
-
Normalized balance
0.275
0.226
0.033
-
Trade openness ²
(sum of imports and exports as % of GDP)
1091171281161161071051091099999
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2016
(as % of total labour force, all sectors)
Male
81%Male 81%Female
19%Female 19%
OTHER INDICATORS
More data on UNCTADstat
0.001 %
Share of the total world merchant fleet in 2016
Maritime transport indicators
 
2005
2010
2015
2016
Merchant fleet, national flag (thousands of DWT)
9
14
14
14
Liner shipping connectivity index (maximum 2004 = 100 for China)
23.64
48.52
48.37
49.40
Container port throughput (TEU)
..
3 893 198
3 136 000
3 944 000
Information economy indicators
(as % of)
2005
2010
2015
2016
Share of ICT goods, % of total exports
0.18
0.10
0.16
0.25
Share of ICT goods, % of total imports
4.38
2.40
3.13
3.64
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 18 April 2018