Consumer Confidence in Oman increased to 78.80 in the fourth quarter of 2016 from 78 in the third quarter of 2016. Consumer Confidence in Oman averaged 106.07 from 2014 until 2016, reaching an all time high of 162 in the first quarter of 2014 and a record low of 70.10 in the second quarter of 2016. The NCSI consumer confidence survey is one of the key indicators of economic sentiment and consumer confidence that aims to measure the satisfaction of Omani citizen on various economic conditions, including employment opportunities, planned investments, state of economic policy and the cost of living, among others. The general index of consumer confidence is an average of three sub-indices including current economic conditions index, family income level index, and consumer expectations index. It is measured between the ranges of zero to 200. "Zero" reflects pessimism and a complete lack satisfaction, while the value of "200" indicates optimism and the complete satisfaction of a consumer, while the value of 100 reflects neutrality on the question asked. This page provides - Oman Consumer Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Oman decreased to 6611 USD Million in 2018 from 6803 USD Million in 2017. Military Expenditure in Oman averaged 3211.10 USD Million from 1971 until 2018, reaching an all time high of 9706 USD Million in 2012 and a record low of 353 USD Million in 1971.

The Gross Domestic Product per capita in Oman was last recorded at 15663.90 US dollars in 2018. The GDP per Capita in Oman is equivalent to 124 percent of the world's average. GDP per capita in Oman averaged 12907.62 USD from 1960 until 2018, reaching an all time high of 19454.20 USD in 2009 and a record low of 713.70 USD in 1961. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Oman GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Oman was last recorded at 36830.90 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Oman, when adjusted by Purchasing Power Parity is equivalent to 207 percent of the world's average. GDP per capita PPP in Oman averaged 40795.26 USD from 1990 until 2018, reaching an all time high of 45743.20 USD in 2009 and a record low of 35042.10 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Oman GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Oman recorded a Government Budget deficit equal to 9 percent of the country's Gross Domestic Product in 2018. Government Budget in Oman averaged -3.86 percent from 2003 until 2018, reaching an all time high of 2.60 percent in 2005 and a record low of -20.60 percent in 2016. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Oman Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gold Reserves in Oman remained unchanged at 0.02 Tonnes in the second quarter of 2019 from 0.02 Tonnes in the first quarter of 2019. Gold Reserves in Oman averaged 1.06 Tonnes from 2000 until 2019, reaching an all time high of 9.05 Tonnes in the second quarter of 2000 and a record low of 0.02 Tonnes in the second quarter of 2002. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Oman Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Oman recorded a Current Account deficit of 5.50 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Oman averaged 1.98 percent from 1980 until 2018, reaching an all time high of 17.84 percent in 1981 and a record low of -22.47 percent in 1998. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Oman Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Oman scored 63.61 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Oman averaged 19.14 Points from 2008 until 2019, reaching an all time high of 64.40 Points in 2018 and a record low of 4.25 Points in 2016. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Oman Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Debt in Oman increased to 14491.60 OMR Million in 2018 from 11150.60 OMR Million in 2017. Government Debt in Oman averaged 2674.52 OMR Million from 2003 until 2018, reaching an all time high of 14491.60 OMR Million in 2018 and a record low of 132 OMR Million in 2016. This page provides - Oman Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Oman is ranked 68 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Oman improved to 68 in 2019 from 78 in 2018. Ease of Doing Business in Oman averaged 62.25 from 2008 until 2019, reaching an all time high of 78 in 2018 and a record low of 44 in 2012. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Oman.

Terrorism Index in Oman remained unchanged at 0 in 2018 from 0 in 2017. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

The Gross Domestic Product (GDP) in Oman expanded 2.20 percent in 2018 from the previous year. GDP Annual Growth Rate in Oman averaged 4.96 percent from 2000 until 2018, reaching an all time high of 13.10 percent in 2008 and a record low of -0.90 percent in 2017. Oman's economy relies heavily on oil production. The petroleum sector accounts for around 87 percent of budget revenues, 51 percent of GDP and 60 percent of total exports. However, as oil reserved have been shrinking in recent years the government has embarked on a process of economic diversification focused on development of tourism and gas based industries. This page provides the latest reported value for - Oman GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gross Fixed Capital Formation in Oman decreased to 7418.40 OMR Million in 2018 from 7847.70 OMR Million in 2017. Gross Fixed Capital Formation in Oman averaged 5076.07 OMR Million from 1998 until 2018, reaching an all time high of 8517.30 OMR Million in 2014 and a record low of 1681.10 OMR Million in 2000. This page provides - Oman Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Oman increased to 29333.50 OMR Million in 2018 from 28481.60 OMR Million in 2017. GDP Constant Prices in Oman averaged 13217.12 OMR Million from 1980 until 2018, reaching an all time high of 29333.50 OMR Million in 2018 and a record low of 2185 OMR Million in 1980. This page provides - Oman GDP Current Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Oman increased to 670.20 OMR Million in 2018 from 627 OMR Million in 2017. GDP From Agriculture in Oman averaged 304.56 OMR Million from 1998 until 2018, reaching an all time high of 670.20 OMR Million in 2018 and a record low of 168.20 OMR Million in 2000. This page provides - Oman Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross National Product in Oman increased to 28452.30 OMR Million in 2018 from 26098.30 OMR Million in 2017. Gross National Product in Oman averaged 11224.35 OMR Million from 1980 until 2018, reaching an all time high of 29525.80 OMR Million in 2014 and a record low of 2098 OMR Million in 1980. This page provides - Oman Gross National Product- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Oman decreased to 1986.10 OMR Million in 2018 from 2114.90 OMR Million in 2017. GDP From Construction in Oman averaged 1074.65 OMR Million from 1998 until 2018, reaching an all time high of 2285.10 OMR Million in 2016 and a record low of 159 OMR Million in 2000. This page provides - Oman Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Oman increased to 3011 OMR Million in 2018 from 2778.70 OMR Million in 2017. GDP From Manufacturing in Oman averaged 1844.07 OMR Million from 1998 until 2018, reaching an all time high of 3279.50 OMR Million in 2013 and a record low of 252 OMR Million in 1998. This page provides - Oman Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Mining in Oman increased to 171 OMR Million in 2018 from 147.40 OMR Million in 2017. GDP From Mining in Oman averaged 71.39 OMR Million from 1998 until 2018, reaching an all time high of 171 OMR Million in 2018 and a record low of 19.10 OMR Million in 2003. This page provides - Oman Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Oman increased to 3575.80 OMR Million in 2018 from 3528.70 OMR Million in 2017. GDP From Public Administration in Oman averaged 1765.55 OMR Million from 1998 until 2018, reaching an all time high of 3708.10 OMR Million in 2016 and a record low of 646.40 OMR Million in 1998. This page provides - Oman Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Services in Oman increased to 14437.50 OMR Million in 2018 from 14038.70 OMR Million in 2017. GDP From Services in Oman averaged 7692.93 OMR Million from 1998 until 2018, reaching an all time high of 14437.50 OMR Million in 2018 and a record low of 2825.80 OMR Million in 1999. This page provides - Oman Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in Oman increased to 1649.20 OMR Million in 2018 from 1623.70 OMR Million in 2017. GDP From Transport in Oman averaged 997.85 OMR Million from 1998 until 2018, reaching an all time high of 1649.20 OMR Million in 2018 and a record low of 325.10 OMR Million in 1999. This page provides - Oman Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Utilities in Oman increased to 567 OMR Million in 2018 from 540.90 OMR Million in 2017. GDP From Utilities in Oman averaged 262.63 OMR Million from 1998 until 2018, reaching an all time high of 567 OMR Million in 2018 and a record low of 67.70 OMR Million in 1998. This page provides - Oman Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Oman increased to 5649 OMR Million in 2018 from 5571.60 OMR Million in 2017. Government Spending in Oman averaged 3953.50 OMR Million from 1998 until 2018, reaching an all time high of 6714.50 OMR Million in 2015 and a record low of 2094 OMR Million in 1999. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Oman Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Oman scored 52 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Oman averaged 51.53 Points from 2003 until 2019, reaching an all time high of 63 Points in 2003 and a record low of 44 Points in 2017. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Oman Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Producer Prices in Oman decreased to 119.10 points in the fourth quarter of 2019 from 125.60 points in the third quarter of 2019. Producer Prices in Oman averaged 127.77 points from 2010 until 2019, reaching an all time high of 158.25 points in the second quarter of 2012 and a record low of 88.70 points in the first quarter of 2016. This page provides - Oman Producer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Oman recorded a trade surplus of 465.20 OMR Million in December of 2019. Balance of Trade in Oman averaged 482.65 OMR Million from 1982 until 2019, reaching an all time high of 2379 OMR Million in June of 2000 and a record low of -117.60 OMR Million in June of 1998. Oman has been recording large trade surpluses on a consistent basis due to oil and gas production. Shipments of oil and gas account for 70 percent of total exports. Main imports are: transport equipment; electrical machinery and mechanical appliances and mineral products. Main trading partners are: United Arab Emirates (11 percent of total exports and 27 percent of imports) and Japan (10.5 percent of exports and 13 percent of imports). Others include: China, India and United States. This page provides - Oman Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Oman was worth 79.50 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Oman represents 0.07 percent of the world economy. GDP in Oman averaged 21.44 USD Billion from 1960 until 2019, reaching an all time high of 81.08 USD Billion in 2014 and a record low of 0.04 USD Billion in 1960. Oman is one of the world´s biggest oil producing countries and oil and natural gas extraction account for 51 percent of GDP. The services sector represents 37 percent of the wealth. Within services the largest segments are: wholesale and retail trade (8 percent of GDP); public administration and defense (7 percent) and transport, storage and communication (6.8 percent). Manufacturing and mining contribute for 6 percent of GDP, construction and electricity and water distribution for 5 percent and agriculture for the remaining 1 percent. This page provides - Oman GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Oman recorded a government debt equivalent to 47.50 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Oman averaged 20.07 percent from 1990 until 2018, reaching an all time high of 47.50 percent in 2018 and a record low of 4.10 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Oman Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Oman increased 2.25 percent in February of 2020 over the same month in the previous year. Food Inflation in Oman averaged 0.18 percent from 2014 until 2020, reaching an all time high of 3.83 percent in January of 2014 and a record low of -3 percent in December of 2016. This page provides the latest reported value for - Oman Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Producer Prices in Oman decreased 12.30 percent in December of 2019 over the same month in the previous year. Producer Prices Change in Oman averaged 2.13 percent from 2011 until 2019, reaching an all time high of 31.56 percent in the third quarter of 2011 and a record low of -31.70 percent in the first quarter of 2016. Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Oman Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Private Sector Credit in Oman increased to 19015.30 OMR Million in February from 18957.60 OMR Million in January of 2020. Private Sector Credit in Oman averaged 11218.63 OMR Million from 2004 until 2020, reaching an all time high of 19027.70 OMR Million in October of 2019 and a record low of 3031.60 OMR Million in February of 2004. This page provides - Oman Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Electricity Production in Oman increased to 2132.90 Gigawatt-hour in February from 1947.30 Gigawatt-hour in January of 2020. Electricity Production in Oman averaged 2397.47 Gigawatt-hour from 2008 until 2020, reaching an all time high of 4264.60 Gigawatt-hour in June of 2019 and a record low of 832.20 Gigawatt-hour in December of 2008. This page provides - Oman Electricity Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Oman decreased to 959 BBL/D/1K in January from 970 BBL/D/1K in December of 2019. Crude Oil Production in Oman averaged 878.71 BBL/D/1K from 1994 until 2020, reaching an all time high of 1057 BBL/D/1K in November of 2000 and a record low of 693 BBL/D/1K in July of 2007. This page provides the latest reported value for - Oman Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index CPI in Oman decreased to 105.20 points in March from 105.70 points in February of 2020. Consumer Price Index CPI in Oman averaged 94.24 points from 2004 until 2020, reaching an all time high of 106.70 points in August of 2019 and a record low of 69.80 points in March of 2005. In Oman, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Oman Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The value of loans in Oman increased 1.35 percent in February of 2020 over the same month in the previous year. Loan Growth in Oman averaged 13.77 percent from 2005 until 2020, reaching an all time high of 55.17 percent in July of 2008 and a record low of 1.35 percent in February of 2020. This page provides - Oman Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Oman recorded a government budget deficit of 344.40 OMR Million in January of 2020. Government Budget Value in Oman averaged 3452.51 OMR Million from 1980 until 2020, reaching an all time high of 16379 OMR Million in February of 2001 and a record low of -3373.20 OMR Million in December of 2012. The government budget balance is the difference between government revenues and expenses (minus 100 OMR million considered as expenditures under settlement). The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Oman Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Oman stands at BB- with negative outlook. Moody's credit rating for Oman was last set at Ba2 with under review outlook. Fitch's credit rating for Oman was last reported at BB with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Oman thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Oman as reported by major credit rating agencies.

Oman recorded 17 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Oman reported 3224 Coronavirus Cases. This page includes a chart with historical data for Oman Coronavirus Deaths.

Oman recorded 1068 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Oman reported 17 Coronavirus Deaths. This page includes a chart with historical data for Oman Coronavirus Recovered.

Consumer Confidence Price Trends in European Union increased to 18.30 in June from 18 in May of 2017. Consumer Confidence Price Trends in European Union averaged 20.75 from 1985 until 2017, reaching an all time high of 48.80 in September of 1990 and a record low of -11.50 in August of 2009. This page includes a chart with historical data for European Union Consumer Confidence Price Trends.

Consumer Confidence Current Conditions in European Union increased to -8.50 in June from -10.40 in May of 2017. Consumer Confidence Current Conditions in European Union averaged -26.18 from 1985 until 2017, reaching an all time high of -4.80 in May of 2000 and a record low of -65.90 in May of 2009. This page includes a chart with historical data for European Union Consumer Confidence Current Conditions.

Consumer Confidence Economic Expectations in European Union increased to -5 in June from -6.90 in May of 2017. Consumer Confidence Economic Expectations in European Union averaged -11.27 from 1985 until 2017, reaching an all time high of 1.40 in April of 2000 and a record low of -39.80 in March of 2009. This page includes a chart with historical data for European Union Consumer Confidence Economic Expectations.

Consumer Confidence Savings Expectations in European Union increased to -0.40 in June from -1.50 in May of 2017. Consumer Confidence Savings Expectations in European Union averaged -7.18 from 1985 until 2017, reaching an all time high of 2.20 in April of 2001 and a record low of -16.60 in February of 1985. This page includes a chart with historical data for European Union Consumer Confidence Savings Expectations.

Consumer Confidence Unemployment Expectations in European Union decreased to 3.50 in June from 5.20 in May of 2017. Consumer Confidence Unemployment Expectations in European Union averaged 24.91 from 1985 until 2017, reaching an all time high of 67.10 in March of 2009 and a record low of 0.80 in May of 2000. This page includes a chart with historical data for European Union Consumer Confidence Unemployment Expectations.

Consumer Confidence Financial Expectations in European Union decreased to 0.20 in June from 0.50 in May of 2017. Consumer Confidence Financial Expectations in European Union averaged -1.89 from 1985 until 2017, reaching an all time high of 5.40 in April of 2001 and a record low of -12.60 in July of 2008. This page includes a chart with historical data for European Union Consumer Confidence Financial Expectations.

Government Debt in European Union increased to 12715249.10 EUR Million in 2018 from 12579778.20 EUR Million in 2017. Government Debt in European Union averaged 9286946.44 EUR Million from 2000 until 2018, reaching an all time high of 12715249.10 EUR Million in 2018 and a record low of 5804160.50 EUR Million in 2000. This page provides - European Union Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in European Union was last recorded at 37417 US dollars in 2018. The GDP per Capita in European Union is equivalent to 296 percent of the world's average. GDP Per Capita in European Union averaged 24020.86 USD from 1960 until 2018, reaching an all time high of 37417 USD in 2018 and a record low of 10071.50 USD in 1960. This page provides the latest reported value for - European Union GDP Per Capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in European Union was last recorded at 38076 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in European Union, when adjusted by Purchasing Power Parity is equivalent to 214 percent of the world's average. GDP Per Capita Ppp in European Union averaged 31473.94 USD from 1990 until 2018, reaching an all time high of 38076 USD in 2018 and a record low of 24868 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides the latest reported value for - European Union GDP Per Capita Ppp - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

European Union recorded a Current Account surplus of 1.30 percent of the country's Gross Domestic Product in 2018. Current Account To GDP in European Union averaged -0.24 percent from 1999 until 2018, reaching an all time high of 1.40 percent in 2016 and a record low of -2.20 percent in 2008. This page provides - European Union Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.