Oman: Exports of goods and services (% of GDP)
In , Oman's Exports of goods and services (% of GDP) was 66.07.
That's up 7.3% from 2023, the highest value on record.
The global average for this indicator in 2024 was 44.26 . Oman ranks #32 globally out of 160 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #5 of 16.
Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 66.07
- Trough
- 41.32
- 1-year change
- +7.3%
- 5-year change
- +33.5%
- +5.9% / yr
- 10-year change
- +7.5%
- +0.7% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 66.0726 | |
| 61.5843 | |
| 63.2505 | |
| 53.3298 | |
| 47.0549 | |
| 49.4929 | |
| 50.6224 | |
| 45.7165 | |
| 41.3196 | |
| 49.6526 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Oman's Exports of goods and services (% of GDP) in 2024?
- In 2024, Oman's Exports of goods and services (% of GDP) was 66.07, according to World Bank Open Data.
- Is Oman's Exports of goods and services (% of GDP) rising or falling?
- Oman's Exports of goods and services (% of GDP) rose 7.3% from 2023 to 2024.
- How does Oman rank globally on Exports of goods and services (% of GDP)?
- In 2024, Oman ranked #32 out of 160 countries reporting Exports of goods and services (% of GDP).
- How does Oman's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Oman is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #5 of 16.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.