Oman: Gross national expenditure (% of GDP)

Key figures

What the numbers say

In 2024, Oman's gross national expenditure (% of GDP) fell 0.57 percentage points on 2023 (from 83.28% to 82.71%).

Across the 30 yearly changes before that (1994 to 2023), the average change was +0.15 percentage points and a typical year strayed about 9.75 percentage points from that (the standard deviation). This year's change was 0.1 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 33.2 percentage points in 1998 and the biggest yearly fall was 44.06 percentage points in 1968. 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 the straight-line trend is downward, about 1.97 percentage points a year. A straight line explains 65% of the movement over 10 observed years.

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 35th highest value of the 37 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

• Angola — 31st of 37: 88.09%
• Iraq — 32nd of 37: 87.73%
• Zambia — 33rd of 37: 84.5%
• Kuwait — 35th of 37: 82.48%
• Bahrain — 36th of 37: 82.29%
• Bermuda — 37th of 37: 66.06%

What this measures

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

All 58 values

Gross national expenditure (% of GDP) in nearby economies

• Algeria — 105.31% (2025)
• Bahrain — 82.29% (2024)
• Djibouti — 85.31% (2025)
• Egypt, Arab Rep. — 111.69% (2025)
• Iran, Islamic Rep. — 108.73% (2025)
• Iraq — 87.73% (2024)
• Israel — 97.87% (2025)
• Kuwait — 82.48% (2024)
• Lebanon — 135.6% (2024)
• Libya — 77.48% (2025)
• Malta

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 gross national expenditure (% of GDP)?

82.71% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1967?

It is down 5.95 percentage points from 88.66% in 1967. The highest value was 106.82% in 1998 and the lowest 37.3% in 1969.

How does Oman rank?

35th highest of 37 economies with data for 2024.

Is the latest change in gross national expenditure (% of GDP) unusual for Oman?

In 2024, Oman's gross national expenditure (% of GDP) fell 0.57 percentage points on 2023 (from 83.28% to 82.71%). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.15 percentage points and a typical year strayed about 9.75 percentage points from that (the standard deviation). This year's change was 0.1 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 NE.DAB.TOTL.ZS, 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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