Oman vs the Palestine: Economic Indicators Comparison
Oman with a GDP of $79.3B ranked the 69th largest economy in the world, while the Palestine ranked 125th with $14.6B. By GDP per capita, Oman and the Palestine ranked 56th vs 132nd, respectively.
Gross Domestic Product & Income
Stat | ||
---|---|---|
GDP | $79.3B | $14.6B |
GDP growth, 1 year | 2.1% | 0.91% |
GDP growth, 5-years average | 2.4% | N/A |
Population | 4.8M | 4.7M |
GDP per capita | $16k | $3.2k |
GDP per capita growth | -1.68% | -1.62% |
Purchasing Power Parity conversion factor | 0.15 | 2.23 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.39 | 0.62 |
GDP per capita, PPP adjusted | $47k | $5.2k |
GNI, Atlas method | $73.1B | $17B |
GNI per capita | $15k | $3.7k |
GNI, PPP adjusted | $201.3B | $27.4B |
GNI per capita, PPP adjusted | $42k | $6k |
Financial system and Human development
Stat | ||
---|---|---|
Income Tax Rate | 0% | N/A |
Corporate Tax Rate | 12% | N/A |
Inflation, consumer prices | 0.9% | -0.2% |
Inflation, GDP deflator | 10.3% | -0.1% |
Unemployment | 3.1% | 26.3% |
Economic Freedom Index | 63.6 | 30 |
Personal Freedom Index | 5.55 | 4.1 |
Human Freedom Index | 6.3 | 4 |
Property Rights Index | 66.4 | N/A |
Judical Effectiveness Index | 66.2 | N/A |
Business Freedom Index | 74.6 | N/A |
Fiscal Health Index | 14.8 | N/A |
Labor Freedom Index | 56.9 | N/A |
Investment Freedom Index | 65 | N/A |
Financial Freedom Index | 60 | N/A |
Trade Freedom Index | 81.6 | N/A |
Monetary Freedom Index | 78.4 | N/A |
Government Spending Index | 36.2 | N/A |
Tax Burden Index | 98.4 | N/A |
Government Integrity Index | 64.6 | N/A |
Corruption Perceptions Index | 52 | 18 |
Life expectancy at birth, years | 77.4 | 73.7 |
Suicide mortality rate, per 100,000 people | 3.9 | 4.3 |
Mortality caused by road traffic injury, per 100,000 people | 16.1 | 19.5 |
Intentional homicides, per 100,000 people | 0.5 | 0.7 |
International tourism, number of arrivals | 2.3M | 606k |
Government debt & reserves
Stat | ||
---|---|---|
Central government debt, % of GDP | 50.9% | N/A |
External debt stocks, % of GNI | N/A | N/A |
External debt stocks | N/A | N/A |
Short-term debt, % of total reserves | N/A | N/A |
Total debt service, % of exports and primary income | N/A | N/A |
Adjusted net savings including particulate emission damage, % of GNI | -11.3% | N/A |
Gross savings, % of GDP | 23.9% | 12.6% |
Gross capital formation, % of GDP | 23.2% | 24.2% |
Total reserves including gold | $17.4B | $537.8M |
Foreign direct investment net inflows | $6.3B | $262.5M |
Exports, imports and economic structure
Stat | ||
---|---|---|
Exports of goods and services, % of GDP | 58.3% | 19.9% |
Imports of goods and services, % of GDP | 44.5% | 59.7% |
Current account balance (balance of payments) | -$4.3B | -$1.7B |
Revenue excluding grants, % of GDP | N/A | 6.9% |
Grants excluding technical cooperation, BoP | $17M | $2.1B |
Personal remittances received | $39M | $2.5B |
Industry including construction value added, % of GDP | 46.8% | 19.6% |
Agriculture, forestry and fishing value added, % of GDP | 2.2% | 3.2% |
Charges for the use of intellectual property, payments BoP | N/A | $1.4M |
Charges for the use of intellectual property, receipts BoP | N/A | $1.6k |
Expense, % of GDP | N/A | 8.3% |
Government Expenditure, % of GDP | 46.1% | N/A |