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Economy power of Oman & Saudi Arabia

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Oman vs Saudi Arabia

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Oman Saudi Arabia
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The Sultanate of Oman is a nation located in the Arabian Peninsula, in its southeastern coast. It is one of the oldest independent states in the Arab world. Due to its strategic location in Western Asia, it is one of the most important trading partners for many crucial nations around the world. The capital and largest city in the nation is Muscat. More about Oman The Kingdom of Saudi Arabia is the second largest country in the Arab World. Most of the Arabian Peninsula is controlled by the nation. Located in Western Asia, Saudi Arabia covers more than 2.15 million square kilometers. As a result, it is also the fifth-largest nation in Asia and 12th-largest in the entire world. More about Saudi Arabia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Oman Saudi Arabia
Position in the ranking of countries 64 (2023) 19 (2023)
GDP [US$] 108,810,923,276 1,067,582,933,333
Percentage of the other 10.2 % 981.1 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Oman Saudi Arabia
Position in the ranking of countries 64 (2023) 19 (2023)
GNI [US$] 103,593,758,127 1,073,418,445,360
Percentage of the other 9.7 % 1036.2 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Oman Saudi Arabia
Position in the ranking of countries 22 (2022) 8 (2023)
External balance [US$] 19,947,984,395 78,695,733,333
Percentage of the other 25.3 % 394.5 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Oman Saudi Arabia
Position in the ranking of countries 22 (2022) 8 (2023)
Unemployment [%] 3.16 3.90
Percentage of the other 81 % 123.4 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Oman Saudi Arabia
Position in the ranking of countries 121 (2023) 46 (2023)
Population 5,049,269 33,264,292
Percentage of the other 15.2 % 658.8 %

Population growth (annual %)

Density

Gender

Demography