Oman: economy and key statistics
Oman is number 71 in the 311 Nations Index, with a GDP of $109.6 billion in 2025. GDP per person is $19,947. The economy grew by 2.4% in 2025. Unemployment is 3.3%. The economy is 53% industry, 47% services, 3% agriculture.
Part of the 311 Nations Index (311institute.com). Last updated .
National power
Oman is number 59 in the 311 National Power Index, scoring 41.0 out of 100: economic 61, technology 19, military 36 and human capital 54.
Economy at a glance
| Indicator | Latest figure | Year |
|---|---|---|
| GDP | $109.6 billion | 2025 |
| GDP (purchasing power) | $232.4 billion | 2025 |
| GDP per person | $19,947 | 2025 |
| Economic growth | +2.4% | 2025 |
| Inflation | 1.0% | 2025 |
| Unemployment | 3.3% | 2025 |
| Population | 5.5 million | 2025 |
| Labour force | 2.8 million | 2025 |
| Services share of GDP | 47% | 2025 |
| Industry share of GDP | 53% | 2025 |
| Manufacturing share of GDP | 9% | 2025 |
| Agriculture share of GDP | 3% | 2025 |
| Exports share of GDP | 66% | 2024 |
| Foreign direct investment | 11.6% of GDP | 2024 |
| High-tech share of manufactured exports | 5% | 2023 |
| R&D spending | 0.39% of GDP | 2024 |
| Internet users | 95% of people | 2024 |
Main export industries
Oman exported goods worth about $65.2bn in 2024. Its biggest export industries:
- Mineral fuels, mineral oils and products of their distillation: $47.0bn (72.2% of goods exports)
- Plastics and articles thereof: $2.6bn (4.1% of goods exports)
- Ores, slag and ash: $2.0bn (3.0% of goods exports)
- Iron and steel: $1.8bn (2.8% of goods exports)
- Fertilizers: $1.1bn (1.8% of goods exports)
Source: UN Comtrade, goods only (services exports are not included).
Other economies in Middle East
- Saudi Arabia (#19)
- Israel (#26)
- United Arab Emirates (#30)
- Egypt (#43)
- Iran (#44)
- Algeria (#51)
- Iraq (#54)
- Qatar (#56)
- Morocco (#58)
- Kuwait (#59)
- Jordan (#90)
- Tunisia (#93)
- Bahrain (#99)
- Libya (#101)
- Malta (#118)
Questions and answers
How big is the economy of Oman?
Oman had a GDP of $109.6 billion in 2025, ranking number 71 in the 311 Nations Index.
What is GDP per person in Oman?
GDP per person in Oman was $19,947 in 2025.
How fast is the economy of Oman growing?
The economy of Oman grew by 2.4% in 2025.
Source: World Bank, World Development Indicators (CC BY 4.0).
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