Oman vs Portugal: Economic Indicators Comparison

Portugal with a GDP of $240.7B ranked the 48th largest economy in the world, while Oman ranked 69th with $79.3B. By GDP 5-years average growth and GDP per capita, Portugal and Oman ranked 135th vs 114th and 40th vs 56th, respectively.

Gross Domestic Product & Income

StatOmanPortugal
GDP$79.3B$240.7B
GDP growth, 1 year2.1%2.1%
GDP growth, 5-years average2.4%1.9%
Population4.8M10.6M
GDP per capita$16k$23k
GDP per capita growth-1.68%2.63%
Purchasing Power Parity conversion factor0.150.59
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.7
GDP per capita, PPP adjusted$47k$32k
GNI, Atlas method$73.1B$226.1B
GNI per capita$15k$22k
GNI, PPP adjusted$201.3B$336B
GNI per capita, PPP adjusted$42k$33k

Financial system and Human development

StatOmanPortugal
Income Tax Rate0%48%
Corporate Tax Rate12%23%
Inflation, consumer prices0.9%1.2%
Inflation, GDP deflator10.3%1.6%
Unemployment3.1%6.9%
Economic Freedom Index63.667
Personal Freedom Index5.558.99
Human Freedom Index6.38.11
Property Rights Index66.475.4
Judical Effectiveness Index66.265.6
Business Freedom Index74.676.5
Fiscal Health Index14.874.4
Labor Freedom Index56.944.1
Investment Freedom Index6570
Financial Freedom Index6060
Trade Freedom Index81.686.4
Monetary Freedom Index78.483
Government Spending Index36.239.8
Tax Burden Index98.459.6
Government Integrity Index64.668.9
Corruption Perceptions Index5264
Life expectancy at birth, years77.481.1
Suicide mortality rate, per 100,000 people3.914
Mortality caused by road traffic injury, per 100,000 people16.17.4
Intentional homicides, per 100,000 people0.50.7
International tourism, number of arrivals2.3M16.2M

Government debt & reserves

StatOmanPortugal
Central government debt, % of GDP50.9%121.4%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI-11.3%3.4%
Gross savings, % of GDP23.9%18%
Gross capital formation, % of GDP23.2%18.1%
Total reserves including gold$17.4B$24.9B
Foreign direct investment net inflows$6.3B$6.4B

Exports, imports and economic structure

StatOmanPortugal
Exports of goods and services, % of GDP58.3%43.5%
Imports of goods and services, % of GDP44.5%43.4%
Current account balance (balance of payments)-$4.3B$956.9M
Revenue excluding grants, % of GDPN/A37.5%
Grants excluding technical cooperation, BoP$17MN/A
Personal remittances received$39M$503.8M
Industry including construction value added, % of GDP46.8%19.2%
Agriculture, forestry and fishing value added, % of GDP2.2%2.1%
Charges for the use of intellectual property, payments BoPN/A$850.5M
Charges for the use of intellectual property, receipts BoPN/A$118.9M
Expense, % of GDPN/A41.4%
Government Expenditure, % of GDP46.1%44.8%

Compare with countries close by GDP per capita

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

Portugal vs

CountryGDP
per capita
Population
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
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