Dominica vs Oman: Economic Indicators Comparison

Oman with a GDP of $79.3B ranked the 69th largest economy in the world, while Dominica ranked 189th with $550.9M. By GDP 5-years average growth and GDP per capita, Oman and Dominica ranked 114th vs 177th and 56th vs 87th, respectively.

Gross Domestic Product & Income

StatDominicaOman
GDP$550.9M$79.3B
GDP growth, 1 year-12%2.1%
GDP growth, 5-years average-2.8%2.4%
Population74k4.8M
GDP per capita$7.7k$16k
GDP per capita growth2.03%-1.68%
Purchasing Power Parity conversion factor1.870.15
Price level ratio of PPP conversion factor GDP to market exchange rate0.690.39
GDP per capita, PPP adjusted$9.9k$47k
GNI, Atlas method$508.1M$73.1B
GNI per capita$7.1k$15k
GNI, PPP adjusted$735.4M$201.3B
GNI per capita, PPP adjusted$10k$42k

Financial system and Human development

StatDominicaOman
Income Tax Rate35%0%
Corporate Tax Rate30%12%
Inflation, consumer prices1.4%0.9%
Inflation, GDP deflator3.6%10.3%
Unemployment0%3.1%
Economic Freedom Index60.863.6
Personal Freedom Index6.15.55
Human Freedom Index6.16.3
Property Rights Index59.866.4
Judical Effectiveness Index62.666.2
Business Freedom Index70.474.6
Fiscal Health Index86.214.8
Labor Freedom Index60.756.9
Investment Freedom Index7065
Financial Freedom Index3060
Trade Freedom Index68.481.6
Monetary Freedom Index83.578.4
Government Spending Index1636.2
Tax Burden Index70.598.4
Government Integrity Index51.264.6
Corruption Perceptions Index5752
Life expectancy at birth, years76.677.4
Suicide mortality rate, per 100,000 people23.9
Mortality caused by road traffic injury, per 100,000 people10.916.1
Intentional homicides, per 100,000 people25.70.5
International tourism, number of arrivals63k2.3M

Government debt & reserves

StatDominicaOman
Central government debt, % of GDP83.1%50.9%
External debt stocks, % of GNI55.3%N/A
External debt stocks$279.2MN/A
Short-term debt, % of total reserves6.9%N/A
Total debt service, % of exports and primary income16.5%N/A
Adjusted net savings including particulate emission damage, % of GNIN/A-11.3%
Gross savings, % of GDPN/A23.9%
Gross capital formation, % of GDPN/A23.2%
Total reserves including gold$191.3M$17.4B
Foreign direct investment net inflows$13.3M$6.3B

Exports, imports and economic structure

StatDominicaOman
Exports of goods and services, % of GDP42.9%58.3%
Imports of goods and services, % of GDP65.1%44.5%
Current account balance (balance of payments)-$225.1M-$4.3B
Revenue excluding grants, % of GDPN/AN/A
Grants excluding technical cooperation, BoP$28.3M$17M
Personal remittances received$49.2M$39M
Industry including construction value added, % of GDP15.8%46.8%
Agriculture, forestry and fishing value added, % of GDP11.1%2.2%
Charges for the use of intellectual property, payments BoP$662kN/A
Charges for the use of intellectual property, receipts BoP$119N/A
Expense, % of GDPN/AN/A
Government Expenditure, % of GDP52.9%46.1%

Compare with countries close by GDP per capita

Dominica vs

CountryGDP
per capita
Population
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M

Oman vs

CountryGDP
per capita
Population
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k