Oman 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$108.81 billion
↓ 2.80% vs 2022GDP per Capita
$21,549.84
↓ 8.94% vs 2022GDP Growth (Annual %)
1.31%
↓ 8.27pp vs 2022Inflation Rate (CPI %)
0.95%
↓ 1.56pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $111.94 billion | $108.81 billion | -2.80% |
| GDP per Capita | $23,665.64 | $21,549.84 | -8.94% |
| GDP Growth (Annual %) | 9.58% | 1.31% | -8.27pp |
| Inflation (CPI %) | 2.51% | 0.95% | -1.56pp |
| Unemployment Rate (%) | 3.30% | 3.18% | -0.12pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $108.81 billion
- GDP per Capita
- $21,549.84
- GDP Growth (Annual %)
- 1.31%
- Gross National Income
- $103.59 billion
Prices & Employment
- Inflation (CPI %)
- 0.95%
- Inflation (GDP Deflator %)
- -4.06%
- Unemployment Rate (%)
- 3.18%
- Interest Rate (Real %)
- N/A
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)
- 2.42%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Oman's Gross Domestic Product (GDP) is $108.81 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Oman for 2023 is $21,549.84. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Oman for 2023 is 0.95%. This measures the annual percentage change in the cost of consumer goods and services.
Oman's annual GDP growth rate for 2023 is 1.31%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Oman for 2023 is 3.18%. This represents the percentage of the labor force that is unemployed and actively seeking employment.