Summary Statistics
Region: Western Asia
Surface area (sq. km): 309500
Population 2023: 4,644,384
Capital city: Muscat
Currency: Rial Omani (OMR)
Description | 2021 | 2022 | 2023 |
National Accounts | |||
Real GDP Growth (annual percent change) | 3 | 4.4 | 4.1 |
GDP (current prices, billions of US$) | 85.87 | 108.97 | 110.79 |
GDP per capita (current prices, $US per capita) | 18,966.25 | 23,541.51 | 23,193.17 |
Inflation rate, average consumer prices (annual % change) | 1.50 | 3.10 | 1.90 |
Trade | |||
Imports in Services (current prices, millions of $US) | |||
Exports in Services (current prices, millions of $US) | |||
Merchandise Imports (current prices, millions of $US) | 30,995 | ||
Merchandise Exports (current prices, millions of $US) | 44,591 | ||
Gas + Petrol Imports (in thousands of $US) | 2,766,063 | ||
Gas + Petrol Exports (in thousands of $US) | 21,611,006 | ||
BOP (BALANCE OF PAYMENTS) | |||
Current account, balance (billions of $US) | -5.208 | 6.719 | 4.043 |
Current account, balance (% of GDP) | -6.1 | 6.2 | 3.6 |
FINANCE | |||
General government net lending/borrowing (% of GDP) | -3.2 | 5.5 | 2.3 |
General government gross debt (% of GDP) | 62.9 | 45.4 | 41.1 |
EMPLOYMENT & SOCIAL INDICATORS | |||
Population | 4,520,471 | 4,576,298 | 4,644,384 |
Unemployment, total (% of total labor force) | 2.51 |