Oman: GNI per capita, PPP (constant 2021 international $)

Key figures

What the numbers say

In 2024, Oman's GNI per capita, PPP (constant 2021 international $) fell 1,336 on 2023 (from 37,725 to 36,390).

Across the 25 yearly changes before that (1999 to 2023), the average change was +587.13 and a typical year strayed about 3,443 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 6,896 in 2006 and the biggest yearly fall was 6,694 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.

How it compares

In 2024, Oman had the 24th 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.

Closest to Oman in the 2024 ranking

• Greece — 21st of 48: 38,018
• Slovak Republic — 22nd of 48: 37,668
• Latvia — 23rd of 48: 36,880
• Panama — 25th of 48: 35,040
• Bahamas, The — 26th of 48: 34,710
• Kazakhstan — 27th of 48: 34,287

What this measures

This indicator provides values for gross national income (GNI) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 27 values

GNI per capita, PPP (constant 2021 international $) in nearby economies

• Algeria — 15,908 (2025)
• Bahrain — 63,513 (2024)
• Djibouti — 7,771 (2025)
• Egypt, Arab Rep. — 15,877 (2025)
• Iran, Islamic Rep. — 16,077 (2024)
• Iraq — 11,973 (2024)
• Israel — 47,468 (2025)
• Kuwait — 56,107 (2024)
• Lebanon — 10,332 (2024)
• Libya

More economic policy & debt data for Oman

• GDP (current US$) — US$109.61 billion (2025)
• GDP (current LCU) — 42.14 billion (2025)
• GDP (constant 2015 US$) — US$93.82 billion (2025)
• GDP (constant LCU) — 39.3 billion (2025)
• GDP per capita (current US$) — US$19,947 (2025)
• GDP per capita (current LCU) — 7,670 (2025)
• GDP per capita (constant 2015 US$) — US$17,074 (2025)
• GDP per capita (constant LCU) — 7,151 (2025)
• Agriculture, forestry, and fishing, value added (current US$) — US$3.08 billion (2025)
• Agriculture, forestry, and fishing, value added (current LCU) — 1.18 billion (2025)
• Agriculture, forestry, and fishing, value added (% of GDP)

Reading data like this

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Questions people ask

What is Oman's GNI per capita, PPP (constant 2021 international $)?

36,390 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1998?

It is up 57.89% from 23,047 in 1998 (1.77% a year on average, compounded). The highest value was 50,279 in 2011 and the lowest 23,047 in 1998.

How does Oman rank?

24th highest of 48 economies with data for 2024.

Is the latest change in GNI per capita, PPP (constant 2021 international $) unusual for Oman?

In 2024, Oman's GNI per capita, PPP (constant 2021 international $) fell 1,336 on 2023 (from 37,725 to 36,390). Across the 25 yearly changes before that (1999 to 2023), the average change was +587.13 and a typical year strayed about 3,443 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.

Source

World Bank, World Development Indicators, indicator NY.GNP.PCAP.PP.KD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Progr… 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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