Oman - Nominal Gross Domestic Product
Oman: Nominal Gross Domestic Product
| Mnemonic | GDP.IOMN | |
|---|---|---|
| Unit | Mil. OMR | |
| Annual | 16.18 % | |
| Data | 2021 | 33,909 |
| 2020 | 29,187 | |
Series Information
| Source | National Centre for Statistics and Information (NCSI) |
| Release | National accounts |
| Frequency | Annual |
| Start Date | 12/31/1998 |
| End Date | 12/31/2021 |
Oman: GDP
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Investment | 2022 | 9,698,237,246 | 9,017,748,443 | OMR | Annual |
| Government Consumption | 2021 | 7,507 | 7,607 | Mil. OMR | Annual |
| Nominal Fixed Investment (gross fixed capital formation) | 2021 | 8,687 | 9,215 | Mil. OMR | Annual |
| Nominal Gross Domestic Product | 2021 | 33,909 | 29,187 | Mil. OMR | Annual |
| Private Consumption | 2021 | 14,997 | 12,836 | Mil. OMR | Annual |
| Real Government Consumption | 2021 | 6,740 | 6,683 | Mil. 2018 OMR | Annual |
| Real Gross Domestic Product | 2021 | 34,650 | 33,611 | Mil. 2018 OMR | Annual |
| Real Investment | 2015 | 9,738,301,000 | 7,325,401,100 | NCU | Annual |
Release Information
National accounts detail for Oman, including expenditure and income approaches (GDP(E) and GDP(I)). Annual from 1998, quarterly from 2014.
Active:
- Framework:
- Measurements:
- Millions of Omani riyal at constant year-2018 prices (Mil. 2018 OMR)
- At current prices (Mil. OMR)
- Adjustment: Not seasonally adjusted (NSA)
- Native frequencies:
- Quarterly
- Annual
- Start dates:
- As early as 2010Q1 for quarterly
- Uniformly 1998 for annual
Predecessors:
- At 2010 prices, quarterly ("_10")
- At 2010 prices, annual ("_10")
The source writes:
This Data set highlights the most important indicators of national accounts, notably gross domestic product (GDP), production account, commodities and services account, domestic and national savings, and gross fixed capital formation.
The Sultanate applies the new system of National Accounts (SNA) approved by the United Nations Economic and Social Council in mid-1993 after being presented by the United Nations Bureau of Statistics.
Application of the system in the Sultanate was in two stages: the first included the preparation of the National Accounts series for the period 1980-1997 for Production Accounts and Generation of Income Accounts according to the international recommendations. The second stage started directly after the publication of the updated results of the first stage. During this stage, data were classified and coded according to the classifications stated in the SNA. The Current Accounts and Capital Accounts were constructed according to institutional sectors for 1998- 2006, followed by the preparation and construction of Accounts of the Matrix of Supply and Use Tables and the Integrated Economic Accounts (IEA).
- Aug 2018 - Initial version.
- 22 Dec 2023, Phillip Thorne - Properties, Further reading.
