Oman - Gross value added at factor cost

Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in Oman was $75,378,160,000 as of 2020. Over the past 55 years, the value for this indicator has fluctuated between $96,144,870,000 in 2014 and $61,327,360 in 1965.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1965 $61,327,360
1966 $65,807,900
1967 $104,943,400
1968 $186,465,100
1969 $237,101,000
1970 $253,659,700
1971 $298,363,800
1972 $362,688,900
1973 $478,186,500
1974 $1,639,259,000
1975 $2,095,252,000
1976 $2,547,192,000
1977 $2,727,852,000
1978 $2,728,142,000
1979 $3,709,902,000
1980 $5,947,308,000
1998 $13,661,310,000
1999 $15,237,680,000
2000 $19,383,120,000
2001 $19,253,220,000
2002 $19,932,270,000
2003 $21,456,230,000
2004 $24,579,050,000
2005 $31,228,700,000
2006 $37,227,400,000
2007 $41,960,670,000
2008 $60,544,340,000
2009 $48,340,120,000
2010 $66,673,860,000
2011 $80,994,020,000
2012 $91,147,210,000
2013 $93,617,170,000
2014 $96,144,870,000
2015 $80,799,220,000
2016 $75,649,160,000
2017 $81,769,570,000
2018 $92,440,830,000
2019 $89,479,060,000
2020 $75,378,160,000

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Oman was 28,982,900,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 36,967,700,000 in 2014 and a minimum value of 15,200,000 in 1960.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 15,200,000
1961 15,700,000
1962 19,700,000
1963 20,800,000
1964 21,400,000
1965 21,900,000
1966 23,500,000
1967 38,000,000
1968 77,700,000
1969 98,800,000
1970 105,700,000
1971 124,000,000
1972 139,200,000
1973 167,700,000
1974 566,200,100
1975 723,700,000
1976 879,800,100
1977 942,200,100
1978 942,300,200
1979 1,281,400,000
1980 2,054,200,000
1998 5,252,773,000
1999 5,858,890,000
2000 7,452,811,000
2001 7,402,864,000
2002 7,663,956,000
2003 8,249,920,000
2004 9,450,643,000
2005 12,007,440,000
2006 14,313,940,000
2007 16,133,880,000
2008 23,279,300,000
2009 18,586,780,000
2010 25,636,100,000
2011 31,142,200,000
2012 35,046,100,000
2013 35,995,800,000
2014 36,967,700,000
2015 31,067,300,000
2016 29,087,100,000
2017 31,440,400,000
2018 35,543,500,000
2019 34,404,700,000
2020 28,982,900,000

Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Oman was 82,651,640,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 86,360,600,000 in 2018 and 64,263,300,000 in 2010.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2010 64,263,300,000
2011 66,279,240,000
2012 72,081,150,000
2013 75,846,730,000
2014 76,889,560,000
2015 80,799,220,000
2016 84,802,170,000
2017 85,165,910,000
2018 86,360,600,000
2019 85,414,950,000
2020 82,651,640,000

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Oman was 34,017,000,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 35,543,500,000 in 2018 and a minimum value of 26,448,900,000 in 2010.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2010 26,448,900,000
2011 27,278,600,000
2012 29,666,500,000
2013 31,216,300,000
2014 31,645,500,000
2015 33,254,600,000
2016 34,902,100,000
2017 35,051,800,000
2018 35,543,500,000
2019 35,154,300,000
2020 34,017,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts