Markets Actual Q1 Q2 Q3 Q4 2020
Currency 0.38 0.38 0.38 0.38 0.38 0.38
Stock Market (points) 4236.75 4295 4261 4227 4194 4128
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) -0.90 5 5 5 5 2.5
Unemployment Rate (%) 16.00 16 16 16 16 16
Inflation Rate (%) 0.80 1.6 2.1 2.6 3 3.3
Interest Rate (%) 3.01 3 3.25 3.25 3.5 3.5
Balance of Trade (OMR Million) 532.90 743 719 741 190 280
Current Account to GDP (%) -14.80 -0.8 -0.8 -0.8 -0.8 -1.6
Government Debt to GDP (%) 39.90 45 45 45 45 40
Government Budget (% of GDP) -13.50 0.3 0.3 0.3 0.3 0.2
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 0.00 0 0 0 0 0
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) -0.90 5 5 5 5 2.5
GDP (USD Billion) 72.64 78 78 78 78 79
GDP Constant Prices (OMR Million) 27750.10 29138 29138 29138 29138 29866
Gross Fixed Capital Formation (OMR Million) 7847.70 8240 8240 8240 8240 8446
GDP per capita (USD) 16144.40 17100 17100 17100 17100 18750
GDP per capita PPP (USD) 37960.70 38150 38150 38150 38150 38366
Gross National Product (OMR Million) 26098.30 27403 27403 27403 27403 28088
GDP From Agriculture (OMR Million) 529.40 556 556 556 556 570
GDP From Construction (OMR Million) 2109.20 2215 2215 2215 2215 2270
GDP From Manufacturing (OMR Million) 2663.40 2797 2797 2797 2797 2866
GDP From Mining (OMR Million) 151.50 159 159 159 159 163
GDP From Public Administration (OMR Million) 3652.10 3835 3835 3835 3835 3931
GDP From Services (OMR Million) 14254.90 14968 14968 14968 14968 15342
GDP From Transport (OMR Million) 1623.80 1705 1705 1705 1705 1748
GDP From Utilities (OMR Million) 571.70 600 600 600 600 615
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 16.00 16 16 16 16 16
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 0.80 1.6 2.1 2.6 3 3.3
Consumer Price Index CPI (Index Points) 106.40 108 108 109 110 113
Producer Prices (Index Points) 132.70 130 139 146 148 165
Producer Prices Change (%) 26.90 9.5 9.8 10 11.3 12
Food Inflation (%) -0.80 0.8 1 1.1 1.2 1.4
CPI Housing Utilities (Index Points) 105.00 107 107 108 108 112
CPI Transportation (Index Points) 116.60 116 119 119 120 124
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 3.01 3 3.25 3.25 3.5 3.5
Deposit Interest Rate (%) 3.45 3.61 3.86 3.86 4.11 4.11
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (OMR Million) 532.90 743 719 741 190 280
Current Account to GDP (%) -14.80 -0.8 -0.8 -0.8 -0.8 -1.6
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 39.90 45 45 45 45 40
Government Budget (% of GDP) -13.50 0.3 0.3 0.3 0.3 0.2
Government Budget Value (OMR Million) -126.90 -147 -149 -149 -149 -149
Government Spending (OMR Million) 5571.60 5850 5850 5850 5850 5996
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 0.00 0 0 0 0 0
Sales Tax Rate (%) 0.00 5 5 5 5 5
Consumer Actual Q1 Q2 Q3 Q4 2020
Gasoline Prices (USD/Liter) 0.55 0.52 0.51 0.49 0.48 0.48


This page has economic forecasts for Oman including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Oman economy.