Oman is a country in the Middle East. Current GDP per capita has expanded continuously in the past half-a-century. It grew 339% in the Sixties reaching a peak growth of 1,370% in the Seventies scaling back to modest 12% growth in the turbulent Eighties and rising again to 34% in the Nineties.

This is a chart of trend of gross domestic product of Oman at market prices estimated by the International Monetary Fund with figures in millions of Omani Rials.

For purchasing power parity comparisons, the US Dollar is exchanged at 0.29 Omani Rials only. Mean wages were $15.99 per manhour in 2009.

Oman's economic performance improved significantly in 1999 due largely to the mid-year upturn in oil prices. The government is moving ahead with privatization of its utilities, the development of a body of commercial law to facilitate foreign investment, and increased budgetary outlays. Oman liberalized its markets in an effort to accede to the World Trade Organization (WTO) and gained membership in 2000.

When Oman declined as an entrepot for arms and slaves in the mid-19th century, much of its former prosperity was lost, and the economy turned almost exclusively to agriculture, camel and goat herding, fishing, and traditional handicrafts. Today, oil fuels the economy and revenues from petroleum products have enabled Oman's dramatic development over the past 30 years.

Oman (ⁱ/oʊˈmɑːn/ oh-MAAN; Arabic: عمان‎ ʻUmān), officially called the Sultanate of Oman (Arabic: سلطنة عُمان‎ Salṭanat ʻUmān), is an Arab state in southwest Asia on the southeast coast of the Arabian Peninsula. It is bordered by the United Arab Emirates (UAE) to the northwest, Saudi Arabia to the west, and Yemen to the southwest. The coast is formed by the Arabian Sea on the southeast and the Gulf of Oman on the northeast. The Madha and Musandam enclaves are surrounded by the UAE on their land borders, with the Strait of Hormuz and Gulf of Oman forming Musandam's coastal boundaries.

For a period, Oman was a moderate regional power, formerly having a sultanate extending across the Strait of Hormuz to Iran, and modern day Pakistan, and far south to Zanzibar on the coat of south-east Africa. Over time, as its power declined, the sultanate came under heavy influence from the United Kingdom, though Oman was never formally part of the British Empire, or a British protectorate. The Omani royal family claim that Oman has been ruled by the Al Said dynasty since 1744, although without substantial proof. Oman has long-standing military and political ties with the United Kingdom and the United States, although it maintains an independent foreign policy.