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 2022 was 2.81%, a 1.27% increase from 2021.
  • Oman inflation rate for 2021 was 1.55%, a 2.45% increase from 2020.
  • Oman inflation rate for 2020 was -0.90%, a 1.04% decline from 2019.
  • Oman inflation rate for 2019 was 0.13%, a 0.75% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lithuania 19.71%
Estonia 19.40%
Latvia 17.31%
Czech Republic 15.10%
Hungary 14.61%
Poland 14.43%
Slovak Republic 12.77%
Palau 12.35%
Chile 11.64%
Croatia 10.78%
Netherlands 10.00%
Greece 9.65%
Belgium 9.60%
Uruguay 9.10%
Slovenia 8.83%
Austria 8.55%
Cyprus 8.40%
Spain 8.39%
Sweden 8.37%
Iceland 8.31%
Italy 8.20%
United States 8.00%
United Kingdom 7.92%
Portugal 7.83%
Ireland 7.81%
Denmark 7.70%
Antigua and Barbuda 7.53%
New Zealand 7.17%
Finland 7.12%
Germany 6.87%
Canada 6.80%
Australia 6.59%
Luxembourg 6.34%
Malta 6.15%
Singapore 6.12%
Norway 5.76%
Bahamas 5.61%
France 5.22%
South Korea 5.09%
Qatar 5.00%
UAE 4.83%
Israel 4.39%
Brunei 3.68%
Bahrain 3.63%
Panama 2.86%
Switzerland 2.84%
Oman 2.81%
St. Kitts and Nevis 2.67%
Japan 2.50%
Saudi Arabia 2.47%
Hong Kong 1.88%
Macao 1.05%
Oman Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 2.81% 1.27%
2021 1.55% 2.45%
2020 -0.90% -1.04%
2019 0.13% -0.75%
2018 0.88% -0.72%
2017 1.60% 0.49%
2016 1.11% 1.04%
2015 0.07% -0.96%
2014 1.02% -0.02%
2013 1.05% -1.90%
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%