Oman's taxes less subsidies on products (constant LCU) was -485.3 million in 2025, the latest year in the World Bank's World Development Indicators. That is down 69.33% from -286.6 million in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -485.3 million | 2025 |
| Five years earlier | -291.8 million | 2020 |
| Ten years earlier | -286.6 million | 2015 |
| Highest | 5.7 million | 2008 |
| Lowest | -485.3 million | 2025 |
| Average since 2016 | -353.05 million | 2016–2025 |
| First recorded | 1.6 million |
What the numbers say
In 2025, Oman's taxes less subsidies on products (constant LCU) fell 76.5 million on 2024 (from -408.8 million to -485.3 million).
Across the 26 yearly changes before that (1999 to 2024), the average change was −15.78 million and a typical year strayed about 41.08 million from that (the standard deviation). This year's change was 1.5 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 75.7 million in 2020 and the biggest yearly fall was 160 million in 2010. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about 15.76 million a year. A straight line explains 58% 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 2025, Oman had the 151st highest value of the 152 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 2025 ranking
- Liberia — 147th of 152: 202.89 million
- Micronesia, Fed. Sts. — 148th of 152: 22.51 million
- Brunei Darussalam — 149th of 152: -374.3 million
- Kuwait — 151st of 152: -4.4 billion
- Libya — 152nd of 152: -5.97 billion
What this measures
Taxes less subsidies on products are taxes payable per unit of a good or service. 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.
All 28 values
| Year | Taxes less subsidies on products (constant LCU) |
|---|---|
| 2025 | -485,304,283 |
| 2024 | -408,800,000 |
| 2023 | -381,900,000 |
| 2022 | -320,400,000 |
| 2021 | -330,000,000 |
| 2020 | -291,800,000 |
| 2019 | -367,500,000 |
| 2018 | -359,500,000 |
| 2017 | -314,900,000 |
| 2016 | -270,400,000 |
Taxes less subsidies on products (constant LCU) in nearby economies
- Afghanistan — 59.23 billion (2024)
- Algeria — 668.49 billion (2025)
- Bahrain — 722.65 million (2025)
- Djibouti — 41.65 billion (2025)
- Egypt, Arab Rep. — 446.54 billion (2025)
- Iran, Islamic Rep. — 2,386.92 trillion (2024)
- Israel — 155.51 billion (2024)
- Jordan — 4.47 billion (2025)
- Kuwait — -4.4 billion (2025)
- Lebanon
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
Questions people ask
- What is Oman's taxes less subsidies on products (constant LCU)?
- -485.3 million in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1998?
- It is down 30,432% from 1.6 million in 1998. The highest value was 5.7 million in 2008 and the lowest -485.3 million in 2025.
- How does Oman rank?
- 151st highest of 152 economies with data for 2025.
- Is the latest change in taxes less subsidies on products (constant LCU) unusual for Oman?
- In 2025, Oman's taxes less subsidies on products (constant LCU) fell 76.5 million on 2024 (from -408.8 million to -485.3 million). Across the 26 yearly changes before that (1999 to 2024), the average change was −15.78 million and a typical year strayed about 41.08 million from that (the standard deviation). This year's change was 1.5 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.TAX.NIND.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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