What is the main income source of Oman?

Economic Snapshot. Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years. How to interpret the graph: The purpose of this graph is to take a snapshot of a country's economy in comparison to other economies. For example, Oman's Exports rank is higher than 63. read more

Oman is a country in the Middle East. Current GDP per capita has expanded continuously in the past 50 years. It grew 339% in the 1960s reaching a peak growth of 1,370% in the 1970s scaling back to modest 13% growth in the 1980s and rising again to 34% in the 1990s. read more

Oman’s economy is classed as an upper middle-income economy based on hydrocarbons. Oil was first exported in 1967. Since then the economy has rapidly expanded, relinquishing its traditional activities of agriculture and fisheries. read more