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General profile: Oman

GENERAL INFORMATION FOR 2022
Exchange rate
Population
Population
Exchange rates
GDP
GDP
4.576 Millions
0.385 OMR/US$
114 705 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 309 500 km²
2.81 %
4.35 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+49.0 %
Merchandise exports growth rate in 2022
Total merchandise trade
(millions of US$)
2005
2010
2015
2022
Merchandise exports
18 692
36 601
31 927
(e) 66 456
Merchandise imports
8 971
19 973
29 007
(e) 38 704
Merchandise trade balance
9 721
16 629
2 919
(e) 27 752
Export structure by product group in 2022
(as % of total exports)
0 %0 %31 %31 %56 %56 %7 %7 %6 %6 %
Top 5 partners in 2022
(exports, millions of US$)
22 6035 5675 4063 1742 70322 6035 5675 4063 1742 703
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2022
Services exports
939
1 808
3 395
(e) 2 787
Services imports
3 145
6 364
10 215
(e) 10 607
Services trade balance
-2 207
-4 557
-6 819
(e) -7 819
Services exports by main category²
(as % of total services)
2005
2010
2015
2022
Transport
31.9
29.1
37.0
-
Travel
45.7
43.3
45.4
-
Other services
22.4
27.6
17.6
-
TRADE INDICES
More data on UNCTADstat
11097113124102971001421531411261108711380756952595450519773849381711001631641681561301001711191211057679665868
ECONOMIC TRENDS
More data on UNCTADstat
+4.3 %
Gross domestic product growth rate in 2022
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
GDP, current
35 507
64 994
78 711
114 705
GDP per capita, current US$
14 117
22 552
18 777
25 065
Real GDP growth, y-on-y, %
2.78
2.47
5.02
4.35
Current account balance, % of GDP
14.58
7.13
-13.92
(e) 3.26
Exchange rate (/US$)
0.385
0.385
0.385
0.385
GDP by expenditure in 2021
(as % of total GDP)
44.322.122.452.541.444.322.122.452.541.4
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
-0.5 %
FDI outflows as % of GDP in 2022
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
FDI inflows
1 538.00
1 243.17
-2 171.65
3 715.65
FDI outflows
234.00
1 498.05
335.50
-520.16
Personal remittances, % of GDP
0.13
0.07
0.06
..
Financial flows trends
(millions of US$)
39.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.03 7164 0212 8894 2376 4552 9882 265-2 1721 2871 6121 3651 7531 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 indicators²
(as % and index)
2005
2010
2015
2022
Balance, % of GDP
23.82
21.80
2.92
(e) 22.47
Balance, % of imports
75.68
58.45
6.25
(e) 62.21
Normalized balance
0.275
0.226
0.030
(e) 0.237
Trade openness²
(sum of imports and exports as % of GDP)
9594928689898396102113102101969295958687
LIVING AREA
Population by living area in 2022
(% of population)
Urban 88%Urban 88%Rural 12%Rural 12%
OTHER INDICATORS
More data on UNCTADstat
0.001 %
Share of the total world merchant fleet in 2022
Maritime transport indicators
 
2005
2010
2015
2022
Merchant fleet, national flag (thousands of DWT)
9
14
16
20
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
31.80
40.49
53.67
Container port throughput (TEU)
..
3 893 198
3 105 000
..
Information economy indicators
(as % of)
2005
2010
2015
2022
Share of ICT goods, % of total exports
0.18
0.10
0.14
..
Share of ICT goods, % of total imports
4.38
2.40
3.13
..
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).
e
Estimated.
q
Estimated. Data refers to 2020.
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: 21 September 2023