Oman 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$75.13 billion
↓ 4.55% vs 2015GDP per Capita
$17,110.19
↓ 9.03% vs 2015GDP Growth (Annual %)
5.05%
↑ 0.03pp vs 2015Inflation Rate (CPI %)
1.11%
↑ 1.04pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $78.71 billion | $75.13 billion | -4.55% |
| GDP per Capita | $18,808.31 | $17,110.19 | -9.03% |
| GDP Growth (Annual %) | 5.02% | 5.05% | +0.03pp |
| Inflation (CPI %) | 0.07% | 1.11% | +1.04pp |
| Unemployment Rate (%) | 3.40% | 3.27% | -0.14pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $75.13 billion
- GDP per Capita
- $17,110.19
- GDP Growth (Annual %)
- 5.05%
- Gross National Income
- $73.06 billion
Prices & Employment
- Inflation (CPI %)
- 1.11%
- Inflation (GDP Deflator %)
- -9.14%
- Unemployment Rate (%)
- 3.27%
- Interest Rate (Real %)
- 15.46%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -16.55%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Oman's Gross Domestic Product (GDP) is $75.13 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Oman for 2016 is $17,110.19. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Oman for 2016 is 1.11%. This measures the annual percentage change in the cost of consumer goods and services.
Oman's annual GDP growth rate for 2016 is 5.05%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Oman for 2016 is 3.27%. This represents the percentage of the labor force that is unemployed and actively seeking employment.