Oman Inflation Rate 2001-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Oman inflation rate for 2023 was 0.94%, a 1.56% decline from 2022.
  • Oman inflation rate for 2022 was 2.51%, a 0.82% increase from 2021.
  • Oman inflation rate for 2021 was 1.68%, a 2.09% increase from 2020.
  • Oman inflation rate for 2020 was -0.41%, a 0.9% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Hungary 17.13%
Palau 12.80%
Poland 11.53%
Czech Republic 10.66%
Slovak Republic 10.53%
Barbados 9.79%
Estonia 9.16%
Lithuania 9.12%
Latvia 8.94%
Iceland 8.74%
Sweden 8.55%
Croatia 7.94%
Austria 7.81%
Chile 7.58%
Slovenia 7.45%
United Kingdom 6.79%
Ireland 6.30%
Finland 6.25%
Germany 5.95%
Uruguay 5.87%
New Zealand 5.73%
Italy 5.62%
Australia 5.60%
Norway 5.52%
Malta 5.09%
Antigua and Barbuda 5.07%
France 4.88%
Singapore 4.82%
Trinidad and Tobago 4.63%
Portugal 4.31%
Israel 4.23%
United States 4.12%
Belgium 4.05%
Canada 3.88%
Netherlands 3.84%
Luxembourg 3.74%
Kuwait 3.64%
South Korea 3.60%
St. Kitts and Nevis 3.56%
Cyprus 3.54%
Spain 3.53%
Greece 3.46%
Denmark 3.31%
Japan 3.27%
Bahamas 3.05%
Qatar 3.03%
Saudi Arabia 2.33%
Switzerland 2.14%
Hong Kong 2.10%
Panama 1.49%
Oman 0.94%
Brunei 0.36%
Bahrain 0.07%
Seychelles -1.04%
Oman Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 0.94% -1.56%
2022 2.51% 0.82%
2021 1.68% 2.09%
2020 -0.41% -0.90%
2019 0.49% -0.40%
2018 0.89% -0.70%
2017 1.59% 0.48%
2016 1.11% 1.04%
2015 0.07% -0.95%
2014 1.01% -0.04%
2013 1.05% -1.89%
2012 2.95% -1.09%
2011 4.04% 0.79%
2010 3.26% -0.21%
2009 3.47% -8.91%
2008 12.38% 6.54%
2007 5.83% 2.29%
2006 3.55% 1.64%
2005 1.91% 1.28%
2004 0.63% 0.39%
2003 0.23% 0.51%
2002 -0.28% 0.54%
2001 -0.82% 0.54%