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Oman vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Oman ranked 69th with $79.3B. By GDP 5-years average growth and GDP per capita, South Africa and Oman ranked 151st vs 114th and 95th vs 56th, respectively.

Gross Domestic Product & Income

StatOmanSouth Africa
GDP$79.3B$368.3B
GDP growth, 1 year2.1%0.8%
GDP growth, 5-years average2.4%1.1%
Population3.6M57.7M
GDP per capita$16k$6.4k
GDP per capita growth-1.68%-0.57%
Purchasing Power Parity conversion factor0.156.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.47
GDP per capita, PPP adjusted$47k$14k
GNI, Atlas method$73.1B$332.3B
GNI per capita$15k$5.8k
GNI, PPP adjusted$201.3B$765.8B
GNI per capita, PPP adjusted$42k$13k

Financial system and Human development

StatOmanSouth Africa
Income Tax Rate0%45%
Corporate Tax Rate12%28%
Inflation, consumer prices0.9%4.6%
Inflation, GDP deflator10.3%3.9%
Unemployment3.1%27%
Economic Freedom Index63.658.8
Personal Freedom Index5.556.92
Human Freedom Index6.36.78
Property Rights Index66.458.4
Judical Effectiveness Index66.238
Business Freedom Index74.662
Fiscal Health Index14.864
Labor Freedom Index56.958.8
Investment Freedom Index6545
Financial Freedom Index6050
Trade Freedom Index81.675.8
Monetary Freedom Index78.475.9
Government Spending Index36.267.4
Tax Burden Index98.463.7
Government Integrity Index64.646.6
Corruption Perceptions Index5243
Life expectancy at birth, years77.463.5
Suicide mortality rate, per 100,000 people3.911.6
Mortality caused by road traffic injury, per 100,000 people16.125.9
Intentional homicides, per 100,000 people0.535.9
International tourism, number of arrivals2.3M10.5M

Government debt & reserves

StatOmanSouth Africa
Central government debt, % of GDP50.9%56.7%
External debt stocks, % of GNIN/A50.6%
External debt stocksN/A$179.3B
Short-term debt, % of total reservesN/A70.9%
Total debt service, % of exports and primary incomeN/A19.9%
Adjusted net savings including particulate emission damage, % of GNI-11.3%0.6%
Gross savings, % of GDP23.9%14.9%
Gross capital formation, % of GDP23.2%17.9%
Total reserves including gold$17.4B$51.6B
Foreign direct investment net inflows$6.3B$5.5B

Exports, imports and economic structure

StatOmanSouth Africa
Exports of goods and services, % of GDP58.3%29.9%
Imports of goods and services, % of GDP44.5%29.6%
Current account balance (balance of payments)-$4.3B-$13.4B
Revenue excluding grants, % of GDPN/A30.9%
Grants excluding technical cooperation, BoP$17M$817.9M
Personal remittances received$39M$929M
Industry including construction value added, % of GDP46.8%25.9%
Agriculture, forestry and fishing value added, % of GDP2.2%2.2%
Charges for the use of intellectual property, payments BoPN/A$1.8B
Charges for the use of intellectual property, receipts BoPN/A$120.7M
Expense, % of GDPN/A34.4%
Government Expenditure, % of GDP46.1%33%

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
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Saint Kitts and Nevis
$19k
54.2k
Lithuania
$19k
2.79M
Barbados
$18k
285k
Latvia
$18k
1.95M
Uruguay
$17k
3.41M
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k

South Africa vs

CountryGDP
per capita
Population
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M