General profile: Oman

GENERAL INFORMATION FOR 2021
Population
Population
Exchange rates
Exchange rate
GDP
GDP
4.520 Millions
0.385 OMR/US$
73 811 Millions current US$
Land area
Land area¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 309 500 km²
1.55 %
2.34 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+33.2 %
Merchandise exports growth rate in 2021
Total merchandise trade
(millions of US$)
2005
2010
2015
2021
Merchandise exports
18 692
36 601
31 927
44 591
Merchandise imports
8 971
19 973
29 007
30 995
Merchandise trade balance
9 721
16 629
2 919
13 596
Export structure by product group in 2021
(as % of total exports)
0 %0 %37 %37 %49 %49 %8 %8 %6 %6 %
Top 5 partners in 2021
(exports, millions of US$)
17 0054 1203 7082 0902 01517 0054 1203 7082 0902 015
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2021
Services exports
939
1 808
3 395
-
Services imports
3 145
6 364
10 215
-
Services trade balance
-2 207
-4 557
-6 819
-
Services exports by main category²
(as % of total services)
2005
2010
2015
2021
Transport
31.9
29.1
37.0
-
Travel
45.7
43.3
45.4
-
Other services
22.4
27.6
17.6
-
TRADE INDICES
More data on UNCTADstat
11097113124102971001421531411261108711380756952595450519773849381711001631641681561301001711191211057679665868
ECONOMIC TRENDS
More data on UNCTADstat
+2.3 %
Gross domestic product growth rate in 2021
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2021
GDP, current
31 082
56 913
68 400
73 811
GDP per capita, current US$
12 358
19 748
16 318
16 328
Real GDP growth, y-on-y, %
2.49
1.71
4.63
2.34
Current account balance, % of GDP
16.66
8.14
-16.01
(e) -3.30
Exchange rate (/US$)
0.385
0.385
0.385
0.385
GDP by expenditure in 2020
(as % of total GDP)
43.928.418.748.939.643.928.418.748.939.6
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.8 %
FDI outflows as % of GDP in 2021
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2021
FDI inflows
1 538.00
1 243.17
-2 171.65
3 619.00
FDI outflows
234.00
1 498.05
335.50
581.39
Personal remittances, % of GDP
0.13
0.07
0.06
..
Financial flows trends
(millions of US$)
39.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.039.03 6192 8614 3775 9402 9182 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
2021
Balance, % of GDP
27.21
24.90
3.36
-
Balance, % of imports
75.68
58.45
6.25
-
Normalized balance
0.275
0.226
0.030
-
Trade openness²
(sum of imports and exports as % of GDP)
95100102102951111171291171161101051091099999
LIVING AREA
Population by living area in 2021
(% of population)
Urban 87%Urban 87%Rural 13%Rural 13%
OTHER INDICATORS
More data on UNCTADstat
0.001 %
Share of the total world merchant fleet in 2021
Maritime transport indicators
 
2005
2010
2015
2021
Merchant fleet, national flag (thousands of DWT)
9
14
16
19
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
31.80
40.49
59.61
Container port throughput (TEU)
..
3 835 395
3 136 000
..
Information economy indicators
(as % of)
2005
2010
2015
2021
Share of ICT goods, % of total exports
0.18
0.10
0.14
0.51
Share of ICT goods, % of total imports
4.38
2.40
3.13
4.47
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: 20 October 2022