Oman - Inflation, consumer prices (annual %) 2001 - 2022
Oman's inflation, consumer prices (annual %) is currently 2.81%, according to the most recent World Bank data for the country (2022).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Oman's inflation, consumer prices (annual %) for 2022 was 2.812%, a 81.80% increase from 2021, with a +1 difference.
- In 2021 it was 1.547%, a 271.11% increase from 2020, with a +2 difference.
- In 2020 it was -0.904%, a -775.57% increase from 2019.
- In 2019 it was 0.134%, a -84.82% increase from 2018.
- In 2018 it was 0.881%, a -44.82% increase from 2017.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Oman is currently 2.1112% (average of years with recorded data) with a lowest recorded value of -0.9039% in 2020 and a highest value of 12.3754% in 2008.
Oman's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 2001 | -0.817% | |
| 2002 | -0.28% | 65.77% |
| 2003 | 0.231% | 182.74% |
| 2004 | 0.625% | 170.16% |
| 2005 | 1.91% | 205.59% |
| 2006 | 3.545% | 85.62% |
| 2007 | 5.83% | 64.47% |
| 2008 | 12.375% | 112.25% |
| 2009 | 3.469% | -71.97% |
| 2010 | 3.257% | -6.12% |
| 2011 | 4.042% | 24.12% |
| 2012 | 2.948% | -27.08% |
| 2013 | 1.046% | -64.53% |
| 2014 | 1.022% | -2.22% |
| 2015 | 0.065% | -93.61% |
| 2016 | 1.109% | 1,598.89% |
| 2017 | 1.597% | 43.99% |
| 2018 | 0.881% | -44.82% |
| 2019 | 0.134% | -84.82% |
| 2020 | -0.904% | -775.57% |
| 2021 | 1.547% | 271.11% |
| 2022 | 2.812% | 81.80% |
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Comparison with Countries in the Middle East & North Africa Region.
Among countries in the same World Bank Middle East & North Africa (MENA) region, Oman comes in 18th with 2.812% inflation, consumer prices (annual %).
- Within the same region, Morocco comes in 8th with 6.657%, inflation, consumer prices (annual %).
- Malta comes in 9th with 6.154%.
- Djibouti comes in 10th with 5.18%.
- Qatar comes in 11th with 4.995%.
- Iraq comes in 12th with 4.995%.
- United Arab Emirates comes in 13th with 4.828%.
- Israel comes in 14th with 4.394%.
- Jordan comes in 15th with 4.229%.
- Bahrain comes in 16th with 3.626%.
- Kuwait comes in 17th with 3.424%.
- Libya comes in 19th with 2.606%.
- Saudi Arabia comes in 20th with 2.474%.
- And West Bank and Gaza comes in 21st with 1.237%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 10 Countries in the Middle East & North Africa Region.
Top 10 Countries in the Middle East & North Africa Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lebanon | 154.76% | 2021 |
| 2 | Iran, Islamic Rep. | 43.39% | 2021 |
| 3 | Syrian Arab Republic | 36.70% | 2012 |
| 4 | Egypt, Arab Rep. | 13.90% | 2022 |
| 5 | Algeria | 9.27% | 2022 |
| 6 | Tunisia | 8.31% | 2022 |
| 7 | Yemen, Rep. | 8.10% | 2014 |
| 8 | Morocco | 6.66% | 2022 |
| 9 | Malta | 6.15% | 2022 |
| 10 | Djibouti | 5.18% | 2022 |
Comparison with Countries in the High income Group.
Among countries in the same World Bank High income (HI) group, Oman comes in 52nd with 2.812% inflation, consumer prices (annual %).
- Within the same income group, Qatar comes in 42nd with 4.995%, inflation, consumer prices (annual %).
- United Arab Emirates comes in 43rd with 4.828%.
- Israel comes in 44th with 4.394%.
- Aruba comes in 45th with 4.257%.
- Barbados comes in 46th with 4.1%.
- Brunei Darussalam comes in 47th with 3.682%.
- Bahrain comes in 48th with 3.626%.
- Kuwait comes in 49th with 3.424%.
- Panama comes in 50th with 2.857%.
- Switzerland comes in 51st with 2.835%.
- St. Kitts and Nevis comes in 53rd with 2.667%.
- Curacao comes in 54th with 2.622%.
- Japan comes in 55th with 2.498%.
- Saudi Arabia comes in 56th with 2.474%.
- Sint Maarten (Dutch part) comes in 57th with 2.192%.
- Trinidad and Tobago comes in 58th with 2.059%.
- Hong Kong SAR, China comes in 59th with 1.881%.
- San Marino comes in 60th with 1.046%.
- Macao SAR, China comes in 61st with 1.045%.
- And New Caledonia comes in 62nd with 0.578%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the High income Group.
Top 14 Countries in the High income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lithuania | 19.705% | 2022 |
| 2 | Estonia | 19.398% | 2022 |
| 3 | Latvia | 17.310% | 2022 |
| 4 | Czechia | 15.100% | 2022 |
| 5 | Hungary | 14.608% | 2022 |
| 6 | Poland | 14.430% | 2022 |
| 7 | Romania | 13.796% | 2022 |
| 8 | Slovak Republic | 12.774% | 2022 |
| 9 | Chile | 11.644% | 2022 |
| 10 | Croatia | 10.781% | 2022 |
| 11 | Netherlands | 10.001% | 2022 |
| 12 | Greece | 9.645% | 2022 |
| 13 | Belgium | 9.598% | 2022 |
| 14 | Uruguay | 9.104% | 2022 |