Economic Policy & Debt · Oman
Yearly data from 1998 to 2024, from the World Bank.
Oman's GNI per capita (constant LCU) was 6,878 in 2024, the latest year in the World Bank's World Development Indicators. That is down 16.99% from 8,286 in 2014 (1.84% a year on average, compounded).
| Value | Year | |
|---|---|---|
| Latest | 6,878 | 2024 |
| Five years earlier | 6,915 | 2019 |
| Ten years earlier | 8,286 | 2014 |
| Highest | 9,504 | 2011 |
| Lowest | 4,356 | 1998 |
| Average since 2015 | 6,947 | 2015–2024 |
| First recorded | 4,356 | 1998 |
Over five years it is down 0.53% from 6,915 in 2019 (0.11% a year on average, compounded). Since 1998 it is up 57.89% from 4,356 in 1998 (1.77% a year on average, compounded).
In 2024, Oman's GNI per capita (constant LCU) fell 252.49 on 2023 (from 7,131 to 6,878).
Across the 25 yearly changes before that (1999 to 2023), the average change was +110.98 and a typical year strayed about 650.87 from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 1,304 in 2006 and the biggest yearly fall was 1,265 in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 6% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
In 2024, Oman had the 44th highest value of the 48 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
| Year | GNI per capita (constant LCU) |
|---|---|
| 2024 | 6,878 |
| 2023 | 7,131 |
| 2022 | 7,686 |
| 2021 | 6,818 |
| 2020 | 6,334 |
| 2019 | 6,915 |
| 2018 | 7,235 |
| 2017 | 6,891 |
| 2016 | 6,556 |
| 2015 | 7,021 |
| 2014 | 8,286 |
| 2013 | 8,909 |
| 2012 | 9,259 |
| 2011 | 9,504 |
| 2010 | 9,196 |
| 2009 | 8,457 |
| 2008 | 9,462 |
| 2007 | 8,272 |
| 2006 | 7,525 |
| 2005 | 6,222 |
| 2004 | 6,120 |
| 2003 | 5,508 |
| 2002 | 5,213 |
| 2001 | 5,074 |
| 2000 | 5,113 |
| 1999 | 4,638 |
| 1998 | 4,356 |
Every indicator for Oman is on the Oman data page.
World Bank, World Development Indicators, indicator NY.GNP.PCAP.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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