Oman: Imports of goods and services (% of GDP)
In , Oman's Imports of goods and services (% of GDP) was 48.78.
That's up 8.7% from 2023, the highest value on record.
The global average for this indicator in 2024 was 47.94 . Oman ranks #70 globally out of 160 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #9 of 16.
Source: World Bank Open Data (NE.IMP.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
- 48.78
- Trough
- 31.47
- 1-year change
- +8.7%
- 5-year change
- +31.9%
- +5.7% / yr
- 10-year change
- +19.4%
- +1.8% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 48.7801 | |
| 44.8624 | |
| 42.4945 | |
| 42.6197 | |
| 44.8210 | |
| 36.9853 | |
| 38.6568 | |
| 43.2366 | |
| 41.5446 | |
| 46.7250 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Oman's Imports of goods and services (% of GDP) in 2024?
- In 2024, Oman's Imports of goods and services (% of GDP) was 48.78, according to World Bank Open Data.
- Is Oman's Imports of goods and services (% of GDP) rising or falling?
- Oman's Imports of goods and services (% of GDP) rose 8.7% from 2023 to 2024.
- How does Oman rank globally on Imports of goods and services (% of GDP)?
- In 2024, Oman ranked #70 out of 160 countries reporting Imports of goods and services (% of GDP).
- How does Oman's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so Oman is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #9 of 16.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.IMP.GNFS.ZS), CC BY 4.0.