Trade balance in low carbon technology products, Percent of GDP in Oman
Oman: Trade balance in low carbon technology products, Percent of GDP was -0.9316 in 2023. ▼ Falling
Trade balance in low carbon technology products, Percent of GDP in Oman, 1994–2023
Source: International Monetary Fund.
Analysis
The most recent figure for trade balance in low carbon technology products, percent of gdp in Oman is -0.9316, measured in 2023.
Compared with earlier readings it is down 22.1% on the previous year and up 23.3% over ten years.
Over the whole period, trade balance in low carbon technology products, percent of gdp in Oman peaked at -0.0692 in 2003 and was at its lowest, -2.3, in 1998.
That places Oman 110th out of 177 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Trade balance in low carbon technology products, Percent of GDP in Oman, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | -0.9692 | — |
| 1995 | -0.9914 | +2.3% |
| 1996 | -1.02 | +2.9% |
| 1997 | -0.8432 | -17.3% |
| 1998 | -2.3 | +172.4% |
| 1999 | -1.1 | -52.2% |
| 2000 | -0.4545 | -58.6% |
| 2001 | -0.4915 | +8.1% |
| 2002 | -1.1 | +124.0% |
| 2003 | -0.0692 | -93.7% |
| 2004 | -1.89 | +2632.0% |
| 2005 | -1.05 | -44.6% |
| 2006 | -1.33 | +26.6% |
| 2007 | -1.7 | +28.5% |
| 2008 | -1.34 | -21.5% |
| 2009 | -1.15 | -14.1% |
| 2010 | -1.16 | +1.0% |
| 2011 | -1.44 | +23.8% |
| 2012 | -1.22 | -14.9% |
| 2013 | -1.21 | -0.7% |
| 2014 | -0.9892 | -18.5% |
| 2015 | -1.46 | +47.6% |
| 2016 | -1.56 | +7.1% |
| 2017 | -2.2 | +40.8% |
| 2018 | -1.59 | -27.8% |
| 2019 | -1.2 | -24.6% |
| 2020 | -2.03 | +69.2% |
| 2021 | -1.07 | -47.3% |
| 2022 | -0.7633 | -28.6% |
| 2023 | -0.9316 | +22.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.2 | -2.3 | -0.8432 | 6 |
| 2000s | -1.06 | -1.89 | -0.0692 | 10 |
| 2010s | -1.4 | -2.2 | -0.9892 | 10 |
| 2020s | -1.2 | -2.03 | -0.7633 | 4 |
Countries ranked near Oman
- 107 Gambia -0.9077 compare
- 108 Venezuela, Bolivarian Republic of -0.9148 compare
- 109 Armenia -0.9203 compare
- 111 Belarus -0.9338 compare
- 112 Costa Rica -0.9429 compare
- 113 Brunei Darussalam -0.944 compare
More trade data for Oman
- Commodity Net Export Price Index, Individual Commodities Weighted by 68.33 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 85.41 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 84.89 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 65.6 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.39 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 88.71 (2025)
- Imports of low carbon technology products, Percent of GDP 1.14 (2023)
- Imports of low carbon technology products, US dollar (World), per 239.09 units per person (2023)
- Imports of low carbon technology products, US dollar (World), per 0.0114 units per US$ of GDP (2023)
- Exports of low carbon technology products, US dollar (World), gaps 220.63 million (2023)
Frequently asked questions
- What is trade balance in low carbon technology products, percent of gdp in Oman?
- Trade balance in low carbon technology products, percent of gdp in Oman was -0.9316 in 2023, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, percent of gdp recorded in Oman?
- The highest recorded value was -0.0692 in 2003.
- What is the lowest trade balance in low carbon technology products, percent of gdp recorded in Oman?
- The lowest recorded value was -2.3 in 1998.
- How does Oman rank for trade balance in low carbon technology products, percent of gdp?
- Oman ranks 110th out of 177 countries with data for 2023.
- Is trade balance in low carbon technology products, percent of gdp rising or falling in Oman?
- Over the last ten years it is up 23.3%. The long-run trend across the full record is falling.
- Where does this Oman data come from?
- The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.
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About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.