Oman’s economy is expected to expand moderately in 2023, according to the latest Economic Insight report, commissioned by ICAEW and compiled by Oxford Economics. While non-oil activities are forecast to grow 2.9%, up from 1.6% last year, headwinds in the oil sector, driven by Opec+ pol...
Oman's economic growth will increase from 1.6% in 2023 to 2.1% in 2024, driven by normalised hydrocarbon production and a small drop in interest rates in H2 2024. Net exports will contribute positively to growth with a minimal contraction in oil production and a boost in tourism due to di...
Exports: Medicinal and Pharmaceutical Product (USD th) 7,003.054 2023 yearly 1995 - 2023 Total Imports (USD mn) 3,589.1 Aug 2024 monthly Jan 1975 - Aug 2024 Total Imports Growth (%) 0.7 Mar 2023 monthly Jan 1976 - Mar 2023 Imports: Medicament (USD th) 433,950.703 2023 yearly 1995...
GDP in Oman is estimated to be $166 billion international dollars at the end of 2024. The economy of Oman has grown at an average annual growth rate of 1.7% in the last four years and is ranked the 28th largest economy in Asia-Pacific, ahead of Azerbaijan....
GDP Growth3.5% Power & Water 6 Dec, 2024 Featured Oman Plans 2.4GW Of New Gas-Fired Power Generation By 2029 Oman says it plans to tender for 2.4GW of new gas-fired capacity in 2025. It is also pursuing around 3GW of new renewable capacity, this week releasing a new RFP. ...
GDP from Public Administration in Oman increased to 3891 OMR Million in 2023 from 3611.80 OMR Million in 2022. This page provides - Oman Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and ne
The Gross Domestic Product (GDP) in Oman was worth 108.19 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Oman represents 0.10 percent of the world economy. This page provides - Oman GDP - actual values, histo
Annual GDP growth went down to around 1.8% in 2016 from levels close to 3% in the previous 2years. As indicated byFig. 2.36, economic growth figures below 3% are expected in the near future.134This is essentially due to lower oil sector investments coupled to lower public spending, whereas...
April 20, 2023 in Business & Economy, Transport & Logistics 0Share on FacebookShare on TwitterShare on Linkedin The key ports of the Sultanate of Oman (Salalah, Sohar and Duqm) achieved a total growth in their operations by 8 percent, as more than 62.3 million tonnes of general cargo were...
Government Debt (OMR mn) 15,263.500 2023 yearly 2001 - 2023 Foreign Trade Last Frequency Range Forecast: Exports of Goods Growth (%) 1.354 2028 yearly 1980 - 2028 Trade Balance (USD mn) 1,667.1 Aug 2024 monthly Jan 1975 - Aug 2024 Total Exports (USD mn) 5,256.2 Aug 2024 monthly...