GNI in local currency terms reached 27.0 OMR bil in 2017 in Oman, according to the National Statistical Office. This is 8.12 % more than in the previous year.
Historically, GNI in local currency terms in Oman reached an all time high of 29.5 OMR bil in 2014 and an all time low of 0.016 OMR bil in 1960. When compared to Oman's main peers, GNI in local currency terms in Iran amounted to 15,345,033 IQD bil, 2,620 SAR bil in Saudi Arabia, 1,415 AED bil in United Arab Emirates and 9,977 YER bil in Yemen in 2017.
Oman has been ranked 151st within the group of 169 countries we follow in terms of GNI in local currency terms, 3 places above the position seen 10 years ago.
GNI (also known as GNP) is the sum of the value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus the net receipts of primary income (compensation of employees and property income) from abroad.