Oman Live GDP
$68,838,503,421
GDP Added Today
$138,054,106
Oman GDP (2026)
LiveOman has a high-income Gulf economy supported by oil, natural gas, logistics, tourism, fisheries, and manufacturing. The country's long-term diversification strategy continues to promote investment in renewable energy, mining, transportation, and private sector development beyond the energy industry. This page provides the latest Oman GDP data, historical trends, and economic outlook for 2026.
GDP Growth Rate (2026)
3.50%
vs 2025
▲ +1.10%
GDP Per Capita (2026)
$21,645
vs 2025
▲ +$1,649
Global Rank (Nominal)
#74
of 218 countries
World Share
0.09%
of 2026 World GDP
Years Covered
1980–2026
47 years
Oman GDP Growth (1980–2026)
Annual real GDP growth rate (%)
Historical Highlights
1980–2026 GDP performance summary
Highest GDP
$117.18B
Lowest GDP
$7.27B
Average Growth
4.67%
1980–2026
Best Growth
17.10%
Weakest Growth
-4.00%
Share of World GDP (2026)
Oman
0.09%
United States
25.58%
China
16.47%
Germany
4.31%
Japan
3.46%
Rest of World
50.09%
Key Findings
✓
Oman's GDP in 2026 is $117.18B.
✓
It ranks #74 among 218 countries.
✓
Oman contributes 0.09% to the world economy.
✓
GDP per capita is $21,645 in 2026.
✓
The economy recorded GDP growth of 3.50% in 2026.
Historical Data
Oman GDP Historical Data (1980–2026)
| 2026 | $117,176,000,000 | 3.50% | $21,645 | 0.09% | #73 |
| 2025 | $106,127,000,000 | 2.40% | $19,996 | 0.09% | #73 |
| 2024 | $107,137,000,000 | 1.60% | $20,529 | 0.10% | #72 |
| 2023 | $106,175,000,000 | 1.40% | $20,553 | 0.10% | #69 |
| 2022 | $109,853,000,000 | 8.00% | $22,265 | 0.11% | #68 |
| 2021 | $87,324,000,000 | 2.60% | $19,459 | 0.09% | #68 |
| 2020 | $75,909,000,000 | -3.40% | $17,076 | 0.09% | #70 |
| 2019 | $88,061,000,000 | -1.10% | $19,069 | 0.10% | #69 |
| 2018 | $91,506,000,000 | 1.30% | $19,885 | 0.10% | #68 |
| 2017 | $80,857,000,000 | 0.30% | $17,732 | 0.10% | #68 |
| 2016 | $75,129,000,000 | 5.00% | $17,020 | 0.10% | #69 |
| 2015 | $78,711,000,000 | 5.00% | $18,925 | 0.10% | #68 |
| 2014 | $92,699,000,000 | 1.30% | $23,220 | 0.12% | #66 |
| 2013 | $89,936,000,000 | 5.20% | $23,328 | 0.11% | #66 |
| 2012 | $87,409,000,000 | 8.90% | $24,129 | 0.11% | #67 |
| 2011 | $77,497,000,000 | 2.90% | $23,519 | 0.10% | #66 |
| 2010 | $64,994,000,000 | 2.50% | $21,678 | 0.10% | #68 |
| 2009 | $55,454,000,000 | 6.00% | $19,236 | 0.09% | #68 |
| 2008 | $69,805,000,000 | 8.90% | $25,061 | 0.11% | #66 |
| 2007 | $48,300,000,000 | 5.00% | $17,716 | 0.08% | #70 |
| 2006 | $42,578,000,000 | 4.70% | $15,946 | 0.08% | #70 |
| 2005 | $35,507,000,000 | 2.80% | $13,563 | 0.07% | #71 |
| 2004 | $28,379,000,000 | 2.00% | $11,043 | 0.06% | #70 |
| 2003 | $24,734,000,000 | -2.20% | $9,793 | 0.06% | #68 |
| 2002 | $23,066,000,000 | -0.80% | $9,285 | 0.07% | #68 |
| 2001 | $22,206,000,000 | 4.60% | $9,088 | 0.07% | #66 |
| 2000 | $22,259,000,000 | 6.20% | $9,266 | 0.06% | #65 |
| 1999 | $17,833,000,000 | 0.30% | $7,555 | 0.05% | #73 |
| 1998 | $16,044,000,000 | 2.70% | $6,921 | 0.05% | #79 |
| 1997 | $18,154,000,000 | 6.20% | $7,984 | 0.06% | #74 |
| 1996 | $17,512,000,000 | 2.90% | $7,869 | 0.05% | #73 |
| 1995 | $15,821,000,000 | 4.80% | $7,285 | 0.05% | #73 |
| 1994 | $14,808,000,000 | 3.80% | $7,011 | 0.05% | #69 |
| 1993 | $14,321,000,000 | 6.10% | $6,995 | 0.05% | #69 |
| 1992 | $14,274,000,000 | 8.50% | $7,213 | 0.06% | #70 |
| 1991 | $13,000,000,000 | 6.00% | $6,806 | 0.05% | #70 |
| 1990 | $13,395,000,000 | 8.40% | $7,268 | 0.06% | #67 |
| 1989 | $10,743,000,000 | 3.00% | $5,279 | 0.05% | #68 |
| 1988 | $9,613,000,000 | 5.20% | $5,001 | 0.05% | #70 |
| 1987 | $9,890,000,000 | -4.00% | $5,145 | 0.06% | #71 |
| 1986 | $9,433,000,000 | 2.10% | $5,214 | 0.06% | #70 |
| 1985 | $11,916,000,000 | 14.50% | $7,026 | 0.09% | #64 |
| 1984 | $10,726,000,000 | 13.90% | $6,324 | 0.09% | #66 |
| 1983 | $9,733,000,000 | 15.90% | $6,148 | 0.08% | #65 |
| 1982 | $9,285,000,000 | 11.50% | $6,317 | 0.08% | #68 |
| 1981 | $8,849,000,000 | 17.10% | $6,020 | 0.08% | #71 |
| 1980 | $7,269,000,000 | 6.10% | $5,358 | 0.06% | #74 |
Oman GDP Projections (IMF)
i| Year | GDP Nominal (Current USD) | GDP Growth Rate (%) | GDP Per Capita (USD) | World Share (%) | Global Rank |
|---|---|---|---|---|---|
| 2027 | $118,478,000,000 | 3.40% | $21,456 | 0.09% | #75 |
| 2028 | $122,721,000,000 | 3.70% | $21,789 | 0.09% | #76 |
| 2029 | $128,360,000,000 | 3.50% | $22,343 | 0.09% | #76 |
| 2030 | $134,117,000,000 | 3.30% | $22,888 | 0.09% | #77 |
| 2031 | $139,327,000,000 | 2.70% | $23,310 | 0.09% | #77 |
Oman Economy Overview
Oman’s economy combines a major hydrocarbon industry with expanding logistics, tourism, manufacturing, mining, and fisheries. Oil and natural gas continue to provide the largest share of export revenue, while refining, petrochemicals, and energy-related industries add value to domestic production. The country’s location near important maritime routes gives it a strategic advantage in shipping and international commerce.
Ports and industrial zones at Sohar, Duqm, and Salalah support logistics, metals, chemicals, food processing, and trade. Tourism development focuses on Oman’s coastline, mountains, deserts, and cultural heritage. Mining resources, fisheries, renewable energy, and green hydrogen are receiving increasing investment as part of diversification plans. Business reforms and infrastructure development aim to expand private-sector employment and reduce the economy’s long-term dependence on oil income.
Oman GDP Outlook
Oman’s economic outlook is supported by hydrocarbon income alongside diversification into logistics, tourism, manufacturing, mining, fisheries, renewable energy, and green hydrogen. Development around major ports and industrial zones could strengthen the country’s role in regional shipping and trade. Business reforms and private investment may also create new employment opportunities. Oil-price fluctuations, regional tensions, water scarcity, limited private-sector job creation, and the need to maintain fiscal discipline remain important challenges.