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Economy Snapshot

Oman Economy and Trade

MuscatLocal time

GDP $109.60B · real growth 2.4% · latest verified annual data

In Oman's economy dashboard, nominal GDP is $109.60B for 2025, while the real-growth observation is 2.4% for 2025. GDP per capita is $19,947 for 2025, and CPI inflation is 1.0% for 2025. Each measure keeps its own reference period below, avoiding a false same-year comparison between series released on different schedules.

Nominal GDP
$109.60B
current US$ · 2025
World Bank
GDP per capita
$19,947
current US$ · 2025
Source listed below
Real GDP growth
2.4%
annual % · 2025
Source listed below
Inflation
1.0%
CPI annual % · 2025
Source listed below

Oman at a Glance

Each measure keeps its actual reference year and definition.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$78.71B$109.60B
2015: $78.71B2016: $75.13B2017: $80.86B2018: $91.51B2019: $88.06B2020: $75.91B2021: $87.32B2022: $109.85B2023: $106.17B2024: $107.14B2025: $109.60B
GDP per capita$19,947
Real growth2.4%
GDP year2025
2025 Inflation
1.0%
CPI annual %
2025 Unemployment
3.3%
labor-market measure
2025 GDP per capita
$19,947
current US$

Macro signals and Merchandise trade

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth20252.4%
Unemployment20253.3%
Inflation20251.0%

Merchandise trade

WTO profile · 2024 · USD
TRADE
Exports$65.06B
Imports$43.47B
Balance+$21.60B
Largest highlighted export destination
United Arab Emirates6.5%
Exports
$65.06B
Imports
$43.47B
Understand the numbers

What Oman's economic profile is telling you

Oman's economy expanded by 2.4 percent in 2025, with low inflation of 1.0 percent. Matched 2024 WTO merchandise data show a sizeable goods surplus, reflecting the country's hydrocarbon-linked export base.

Reading the macro data

Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.

Reading the trade data

Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.

Detailed Economic Data

IndicatorOmanReference periodStatus
GDPcurrent US$$109.60B2025Actual
GDP per capitacurrent US$$19,9472025Actual
Real GDP growthannual %2.4%2025Actual
InflationCPI annual %1.0%2025Actual
Unemploymentmodeled ILO estimate3.3%2025Estimate
Merchandise exportscurrent USD$65.06B2024Actual
Merchandise importscurrent USD$43.47B2024Actual

Frequently Asked Questions

What is Oman's latest GDP?

The verified GDP observation used here is $109.60B for 2025.

What does merchandise trade show for Oman?

Merchandise exports were $65.06B and imports were $43.47B in 2024, giving a same-year goods balance of +$21.60B.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise exports and imports from the WTO economy profile.