om Oman 2021

Detailed economic analysis and indicators for 2021

Year 2021

Key Economic Indicators (2021)

GDP (Current USD)

$87.32 billion

↑ 15.04% vs 2020
GDP per Capita

$19,403.46

↑ 15.60% vs 2020
GDP Growth (Annual %)

2.58%

↑ 5.96pp vs 2020
Inflation Rate (CPI %)

1.68%

↑ 2.09pp vs 2020

Year-over-Year Comparison

Indicator 2020 2021 Change
GDP (Current USD) $75.91 billion $87.32 billion +15.04%
GDP per Capita $16,784.86 $19,403.46 +15.60%
GDP Growth (Annual %) -3.38% 2.58% +5.96pp
Inflation (CPI %) -0.41% 1.68% +2.09pp
Unemployment Rate (%) 2.94% 1.90% -1.04pp

All Economic Indicators (2021)

National Accounts
GDP (Current USD)
$87.32 billion
GDP per Capita
$19,403.46
GDP Growth (Annual %)
2.58%
Gross National Income
$81.30 billion
Prices & Employment
Inflation (CPI %)
1.68%
Inflation (GDP Deflator %)
12.14%
Unemployment Rate (%)
1.90%
Interest Rate (Real %)
-5.92%
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)
-5.54%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2021, Oman's Gross Domestic Product (GDP) is $87.32 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Oman for 2021 is $19,403.46. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Oman for 2021 is 1.68%. This measures the annual percentage change in the cost of consumer goods and services.

Oman's annual GDP growth rate for 2021 is 2.58%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Oman for 2021 is 1.90%. This represents the percentage of the labor force that is unemployed and actively seeking employment.