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Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — Oman

Household consumption (% of GDP) in Oman in 2024 — 39.1%. Ranked 161 in the world out of 168. Since 1967, the indicator has fallen by 14 pp.

2024 39.1% +1.4 pp vs 2023
World rank 161of 168
Period maximum 53.1%1967
Period minimum 8.7%1974

Trend over time

1967–2024 · % of GDP

Household consumption (% of GDP) — Oman, 1967–20240204060196719731979198519911997200320092015202120241967: 53.1%1968: 27.2%1969: 22.9%1970: 19.4%1971: 17.1%1972: 24.9%1973: 24%1974: 8.7%1975: 15.9%1976: 20.5%1977: 26%1978: 32.8%1979: 26.1%1980: 27.7%1981: 25.8%1982: 31.9%1983: 31.4%1984: 30.8%1985: 32.6%1986: 36.5%1987: 31%1988: 36.6%1989: 35.7%1990: 32%1991: 39.3%1992: 36.8%1993: 38.7%1994: 36.7%1995: 38.1%1996: 37.3%1997: 37.4%1998: 45.6%1999: 42.1%2000: 34.2%2001: 36.1%2002: 34.9%2003: 36.3%2004: 35.8%2005: 29.6%2006: 28.7%2007: 29.5%2008: 27.1%2009: 35.1%2010: 32.4%2011: 30.3%2012: 29.3%2013: 29.2%2014: 29.2%2015: 36.1%2016: 38%2017: 39.2%2018: 34.8%2019: 37.5%2020: 44.1%2021: 39.3%2022: 34.3%2023: 37.8%2024: 39.1%
Change over the period: −14 pp Annual average: -0.25 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Oman

Oman 39.1%
World 56.6%
Middle East & North Africa 52.5%
Western Asia computed 49.7%
High-income countries computed 58.9%
Household consumption (% of GDP) — Oman, by year Oman All countries CSV XLSX
Year % Change, pp
2024 39.1 +1.4 pp
2023 37.8 +3.5 pp
2022 34.3 −5 pp
2021 39.3 −4.8 pp
2020 44.1 +6.6 pp
2019 37.5 +2.7 pp
2018 34.8 −4.3 pp
2017 39.2 +1.1 pp
2016 38 +1.9 pp
2015 36.1 +6.9 pp
2014 29.2 −0.1 pp
2013 29.2 −0 pp
2012 29.3 −1.1 pp
2011 30.3 −2.1 pp
2010 32.4 −2.7 pp
2009 35.1 +8 pp
2008 27.1 −2.4 pp
2007 29.5 +0.8 pp
2006 28.7 −0.9 pp
2005 29.6 −6.3 pp
2004 35.8 −0.5 pp
2003 36.3 +1.4 pp
2002 34.9 −1.2 pp
2001 36.1 +1.8 pp
2000 34.2 −7.8 pp
1999 42.1 −3.5 pp
1998 45.6 +8.2 pp
1997 37.4 +0.1 pp
1996 37.3 −0.9 pp
1995 38.1 +1.5 pp
1994 36.7 −2.1 pp
1993 38.7 +2 pp
1992 36.8 −2.5 pp
1991 39.3 +7.3 pp
1990 32 −3.6 pp
1989 35.7 −0.9 pp
1988 36.6 +5.6 pp
1987 31 −5.5 pp
1986 36.5 +3.9 pp
1985 32.6 +1.8 pp
1984 30.8 −0.6 pp
1983 31.4 −0.5 pp
1982 31.9 +6.1 pp
1981 25.8 −1.9 pp
1980 27.7 +1.6 pp
1979 26.1 −6.7 pp
1978 32.8 +6.8 pp
1977 26 +5.5 pp
1976 20.5 +4.6 pp
1975 15.9 +7.2 pp
1974 8.7 −15.2 pp
1973 24 −1 pp
1972 24.9 +7.8 pp
1971 17.1 −2.3 pp
1970 19.4 −3.5 pp
1969 22.9 −4.3 pp
1968 27.2 −25.9 pp
1967 53.1 —

Western Asia, 2024

The same indicator for neighboring countries — with links to their pages

LB Lebanon 129.3 PS Palestine 89.9 GE Georgia 70.4 AM Armenia 68.3 CY Cyprus 57.3 AZ Azerbaijan 56 TR Türkiye 54.3 IL Israel 48.6 IQ Iraq 46.4 SA Saudi Arabia 44.6 KW Kuwait 41.6 BH Bahrain 39.8 OM Oman 39.1
Full table for all countries

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Oman

Economy Household consumption

How much money the residents of a country spend in a year on goods and services for themselves.

Oman by year Economy Gross capital formation (% of GDP)

Investment in fixed assets and inventories as a percent of GDP — the base of future growth.

Oman by year Economy Government consumption (% of GDP)

The share of GDP taken by government final consumption spending.

Oman by year Economy GDP

Gross domestic product in current US dollars — the size of a country's economy.

Oman by year Economy GDP per capita

GDP divided by the population, in current US dollars.

Oman by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Oman by year
All indicators for Oman