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Economy of Afghanistan vs Oman compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $107B for Oman, ranking 137/197 and 70/197 by economy size, respectively.

Afghanistan has $1.44B in government debt (8.8% of GDP), compared to $38B (35.5% of GDP) in Oman.

Afghanistan vs Oman GDP by year

Afghanistan
Oman
1x
Year GDP, current $
Afghanistan Oman
2024 - $107,137,198,769
2023 $17,152,234,637 $106,174,708,037
2022 $14,497,243,872 $109,852,795,839
2021 $14,259,995,441 $87,323,797,139
2020 $19,955,929,052 $75,909,492,848
2019 $18,799,444,490 $88,060,858,257
2018 $18,053,222,687 $91,505,851,756
2017 $18,753,456,498 $80,856,697,009
2016 $18,116,572,395 $75,128,738,622
2015 $19,134,221,645 $78,710,793,238
2014 $20,497,128,556 $92,699,089,727
2013 $20,146,416,758 $89,936,020,806
2012 $19,907,329,778 $87,408,842,653
2011 $17,805,098,206 $77,497,529,259
2010 $15,856,668,556 $64,993,498,049
2009 $12,416,152,732 $55,454,096,229
2008 $10,109,297,048 $69,804,681,404
2007 $9,747,886,187 $48,300,390,117
2006 $6,971,758,282 $42,577,633,290
2005 $6,203,256,539 $35,506,892,068
2004 $5,224,896,719 $28,378,933,680
2003 $4,520,946,819 $24,733,680,104
2002 $3,825,701,439 $23,065,539,662
2001 $2,813,571,754 $22,205,721,717
2000 $3,521,418,060 $22,259,557,867
1999 - $17,832,769,831
1998 - $16,044,213,264
1997 - $18,039,791,938
1996 - $17,402,080,624
1995 - $15,722,236,671
1994 - $14,715,214,564
1993 - $14,230,429,129
1992 - $14,183,615,085
1991 - $12,918,335,501
1990 - $13,310,273,082
1989 - $9,372,171,651
1988 - $8,386,215,865
1987 - $7,811,183,095
1986 - $7,324,167,369
1985 - $10,005,645,420
1984 - $8,821,443,151
1983 - $7,932,541,691
1982 - $7,554,719,456
1981 - $7,259,120,151
1980 - $5,981,760,278
1979 - $3,733,352,635
1978 - $2,740,301,390
1977 - $2,741,169,948
1976 - $2,560,220,035
1975 - $2,096,699,189
1974 - $1,645,917,776
1973 - $483,066,991
1972 - $366,883,548
1971 - $301,010,587
1970 - $256,319,795
1969 - $239,999,808
1968 - $188,879,849
1967 - $107,151,832
1966 - $67,759,973
1965 - $63,279,975
1964 - $61,872,526
1963 - $59,912,763
1962 - $56,273,202
1961 - $45,634,487
1960 - $44,234,656

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/oman | CC BY

GDP per capita in Afghanistan vs Oman by year

Afghanistan
GDP per capita

GDP per capita, PPP
Oman
GDP per capita

GDP per capita, PPP
1x
Year Current $
Afghanistan Oman
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $20,285 $41,740
2023 $414 $2,202 $21,028 $41,945
2022 $357 $2,123 $23,224 $42,616
2021 $356 $2,144 $19,403 $38,719
2020 $511 $2,562 $16,785 $35,163
2019 $497 $2,583 $19,180 $37,251
2018 $491 $2,432 $19,902 $37,780
2017 $525 $2,336 $17,820 $33,619
2016 $522 $2,213 $17,110 $33,334
2015 $566 $2,284 $18,808 $36,058
2014 $625 $2,224 $23,161 $44,236
2013 $637 $2,133 $23,458 $47,013
2012 $651 $1,988 $24,642 $49,989
2011 $607 $1,744 $25,188 $52,393
2010 $561 $1,766 $23,570 $55,667
2009 $452 $1,571 $20,656 $55,127
2008 $382 $1,334 $26,577 $52,841
2007 $376 $1,287 $18,793 $48,627
2006 $274.2 $1,122 $16,931 $46,091
2005 $254.2 $1,076 $14,435 $43,673
2004 $221.8 $972 $11,801 $42,142
2003 $198.9 $967 $10,464 $40,935
2002 $179 $927 $9,869 $41,511
2001 $138.7 $748 $9,612 $41,679
2000 $174.9 $814 $9,754 $39,443
1999 - - $7,915 $36,792
1998 - - $7,219 $36,666
1997 - - $8,235 $36,809
1996 - - $8,068 $34,661
1995 - - $7,414 $33,598
1994 - - $7,068 $31,925
1993 - - $7,039 $30,987
1992 - - $7,318 $29,773
1991 - - $6,977 $28,109
1990 - - $7,546 $26,904
1989 - - $5,591 -
1988 - - $5,279 -
1987 - - $5,204 -
1986 - - $5,182 -
1985 - - $7,549 -
1984 - - $7,070 -
1983 - - $6,714 -
1982 - - $6,759 -
1981 - - $6,866 -
1980 - - $5,974 -
1979 - - $3,934 -
1978 - - $3,044 -
1977 - - $3,205 -
1976 - - $3,143 -
1975 - - $2,692 -
1974 - - $2,203 -
1973 - - $670 -
1972 - - $524 -
1971 - - $442 -
1970 - - $387 -
1969 - - $372 -
1968 - - $300 -
1967 - - $174.7 -
1966 - - $113.2 -
1965 - - $108.1 -
1964 - - $108.1 -
1963 - - $106.8 -
1962 - - $102.3 -
1961 - - $84.5 -
1960 - - $83.4 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/oman | CC BY

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $20,285 in Oman, ranking 57/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Oman ranks 55th at $41,740.

Economic indicators

Afghanistan Oman
Gross domestic product
$17.2B
2023
$107B
2024
GDP rank
137/197
2023
70/197
2024
GDP growth
2.27%
2022-2023
1.63%
2023-2024
GDP per capita
$414
2023
$20,285
2024
GDP per capita rank
196/197
2023
57/197
2024
GDP per capita, PPP
$2,202
2023
$41,740
2024
GDP per capita PPP rank
184/197
2023
55/197
2024
Government debt
$1.44B
2023
$38B
2024
Debt-to-GDP ratio
8.8%
2024
35.5%
2024
Government debt per person
$34.8
2023
$7,204
2024
Government debt per person rank
185/185
2023
67/185
2024
Average annual personal income after taxes
$1,869
2026
$20,894
2026
Market capitalization of domestic companies n/a
$22.3B
2022
Number of billionaires n/a
2
2025
Government expenditure, % of GDP
19.4%
2024
28.7%
2024
Consumer prices inflation
-4.3%
2023-2024
0.6%
2023-2024
Central bank interest rate
6%
2021
4.5%
2025
Unemployment rate
5.68%
2021
3.3%
2024
Population
45409324
5761708

Spending and national debt comparison by year

Afghanistan
Spending

Debt
Oman
Spending

Debt
1x
Year % of GDP
Afghanistan Oman
Government spending Government debt Government spending Government debt
2024 19.4% 8.8% 28.7% 35.5%
2023 17% 8.42% 27.5% 37.5%
2022 16.1% 10.8% 30.9% 41.7%
2021 17.9% 11.2% 36.5% 61.9%
2020 27.9% 7.33% 44.5% 67.9%
2019 28% 6.14% 38.8% 52.5%
2018 28.9% 7.38% 38.3% 44.7%
2017 27.7% 8% 39.4% 40.1%
2016 28% 8.44% 44.6% 29.3%
2015 25.9% 9.15% 44.5% 13.9%
2014 25.4% 8.7% 41.4% 4.04%
2013 25% 6.92% 39.3% 4.66%
2012 25% 6.77% 38.6% 4.59%
2011 21.9% 7.52% 34.5% 4.44%
2010 20.8% 7.71% 30.6% 5.46%
2009 21.2% 16.2% 33.4% 5.8%
2008 20.9% 19.1% 25.6% 3.2%
2007 21.4% 20.1% 30.7% 4.44%
2006 18.3% 23% 30.1% 7.56%
2005 15.7% 206.4% 30.6% 8.39%
2004 15.1% 245% 34.1% 14.5%
2003 11.9% 270.6% 34% 13%
2002 6.94% 346% 34.1% 15.9%
2001 - - 33.3% 22.5%
2000 - - 31.2% 21.7%
1999 - - 34.2% 28.9%
1998 - - 36.1% 30.9%
1997 - - 32.1% 20.8%
1996 - - 33.5% 21.2%
1995 - - 38.2% 21.9%
1994 - - 39.7% 23.6%
1993 - - 40.1% 22.2%
1992 - - 40.1% 23.1%
1991 - - 37.4% 22.6%
1990 - - 36.5% 17.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/oman | CC BY

In 2024, Afghanistan's government spending was $2.91B, accounting for 19.4% of its GDP, while Oman spent $30.7B, or 28.7% of GDP.

Debt-to-GDP ratio is 8.8% in Afghanistan and 35.5% in Oman, ranking 181/185 and 145/185, respectively.

Government deficit by year

Deficit/surplus
Afghanistan

Oman
1x
Year Deficit/surplus, % of GDP
Afghanistan Oman
2024 -0.54% 3.31%
2023 -1.33% 6.87%
2022 -1% 10.5%
2021 -0.48% -3.17%
2020 -2.24% -15.7%
2019 -1.06% -4.83%
2018 1.63% -6.72%
2017 -0.67% -10.5%
2016 0.13% -19.6%
2015 -1.38% -13.5%
2014 -1.72% -1.58%
2013 -0.63% 2.78%
2012 0.18% 4.07%
2011 -0.67% 8.24%
2010 0.93% 4.95%
2009 -1.76% -0.27%
2008 -3.86% 14.7%
2007 -2.46% 10.5%
2006 0.68% 12.2%
2005 -0.92% 11.2%
2004 -2.39% 5.43%
2003 -2.1% 5.92%
2002 -0.1% 5.31%
2001 - 7.55%
2000 - 12.2%
1999 - 0.3%
1998 - -4.37%
1997 - 4.77%
1996 - 2.22%
1995 - -3.9%
1994 - -7.47%
1993 - -6.84%
1992 - -4.85%
1991 - 0.12%
1990 - 4.78%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/oman | CC BY

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was $228M, equivalent to 1.33% of GDP. This compares to Oman's surplus of $7.29B, or 6.87% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Oman ran a deficit in 9 years. On average, Afghanistan posted an annual deficit equal to 0.96% of GDP, compared to surplus of 1.22% of GDP for Oman.

Inflation comparison by year

Inflation
Afghanistan

Oman
1x
Year Consumer prices inflation
Afghanistan Oman
2024 -4.3% 0.6%
2023 -7.7% 1%
2022 10.6% 2.5%
2021 7.8% 1.7%
2020 5.6% -0.4%
2019 2.3% 0.5%
2018 0.6% 0.7%
2017 5% 1.5%
2016 4.4% 0.9%
2015 -0.7% 0.1%
2014 4.7% 1.2%
2013 7.4% 1.3%
2012 6.4% 2.9%
2011 11.8% 4.1%
2010 2.2% 3.3%
2009 -6.8% 3.5%
2008 26.4% 12.6%
2007 8.7% 5.9%
2006 6.8% 3.2%
2005 10.6% 1.9%
2004 16.4% 0.8%
2003 35.7% 0.2%
2002 - -0.3%
2001 - -0.8%
2000 - -1.2%
1999 - 0.5%
1998 - 0.4%
1997 - -0.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/oman | CC BY

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 2.27% in Oman. In 2024, inflation was -4.3% in Afghanistan and 0.6% in Oman.

Top exports between countries

Afghanistan
Export category Export value
Raw agricultural goods $7K
Oman
Export category Export value
Machinery & equipment $1.52M
Chemicals & pharma $438K
Textiles & consumer goods $147K
Raw agricultural goods $118K
Processed food, beverages & tobacco $41K
Raw materials & minerals $4K
Miscellaneous $1K
Wood & paper products $1K

Balance of trade

Afghanistan Oman
Current account balance
-$3.14B
2020
$3.07B
2024
Current account balance ranking
159/190
2020
39/190
2024
Current account balance, % of GDP
-15.7%
2020
+2.86%
2024
Goods imports
$5.88B
2020
$39.5B
2024
Goods exports
$777M
2020
$65.2B
2024
Service imports
$1.11B
2020
$12.8B
2024
Service exports
$700M
2020
$5.64B
2024
Imports of goods and services, % of GDP
50.7%
2023
48.8%
2024
Exports of goods and services, % of GDP
16.9%
2023
66.1%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Oman
Economic freedom 53 68.5
Economic freedom ranking 142/197 45/197
Property rights 3.6 71.8
Government integrity 13.5 49.4
Judicial effectiveness 0 28
Tax burden 92 97.6
Government spending 90.8 74.7
Fiscal health 98.4 97.5
Business freedom 33.7 67.8
Labor freedom 44.4 47.7
Monetary freedom 84.9 79.2
Trade freedom 68.6 78.4
Investment freedom 10 70
Financial freedom 10 60

Economic freedom comparison by year

Afghanistan
Oman
1x
Year Economic freedom index
Afghanistan Oman
2026 - 68.5
2025 - 65.4
2024 - 62.9
2023 - 58.5
2022 - 56.6
2021 53 64.6
2020 54.7 63.6
2019 51.5 61
2018 51.3 61
2017 48.9 62.1
2016 - 67.1
2015 - 66.7
2014 - 67.4
2013 - 68.1
2012 - 67.9
2011 - 69.8
2010 - 67.7
2009 - 67
2008 - 67.3
2007 - 65.8
2006 - 63.7
2005 - 66.5
2004 - 66.9
2003 - 64.6
2002 - 64
2001 - 67.7
2000 - 64.1
1999 - 64.9
1998 - 64.9
1997 - 64.5
1996 - 65.4
1995 - 70.2

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/afghanistan/oman | CC BY

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 68.5 for Oman, ranking 45/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Afghanistan Oman
Services, % of GDP
46.4%
2023
46%
2024
Industry, % of GDP
13.4%
2023
54.2%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
2.6%
2024
GNI, Atlas method
$15.5B
2023
$103B
2024
GNI per capita, PPP
$2,210
2023
$39,340
2024
Total reserves including gold
$9.75B
2020
$18.3B
2024
Total reserves ranking
78/177
2020
64/177
2024
Net foreign direct investment
$24.3M
2020
-$12.6B
2024
Net inflows of foreign direct investment
$0
2024
$12.5B
2024
Net outflows of foreign direct investment
$0
2024
-$143M
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
n/a
Poverty at national poverty lines
47.1%
2019
n/a
Gross capital formation, % of GDP
15.3%
2023
24.8%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/afghanistan/oman | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2019–2023, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.