Consumer Confidence in Oman increased to 78.80 in the fourth quarter of 2016 from 78 in the third quarter of 2016.

Consumer Confidence in Oman averaged 106.07 from 2014 until 2016, reaching an all time high of 162 in the first quarter of 2014 and a record low of 70.10 in the second quarter of 2016. This page provides - Oman Consumer Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Consumer Confidence - values, historical data and charts - was last updated on October of 2020.

Consumer Confidence in Oman is expected to be 37.61 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Oman to stand at 29.37 in 12 months time. In the long-term, the Oman Consumer Confidence is projected to trend around 12.91 points in 2021 and -3.54 points in 2022, according to our econometric models.

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Oman Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
78.80 78.00 162.00 70.10 2014 - 2016 points Quarterly

Oman Consumer Last Previous Highest Lowest Unit
Private Sector Credit 18882.60 19127.70 19251.60 3031.60 OMR Million [+]
Gasoline Prices 0.48 0.49 0.58 0.31 USD/Liter [+]


Oman Consumer Confidence
The NCSI consumer confidence survey is one of the key indicators of economic sentiment and consumer confidence that aims to measure the satisfaction of Omani citizen on various economic conditions, including employment opportunities, planned investments, state of economic policy and the cost of living, among others. The general index of consumer confidence is an average of three sub-indices including current economic conditions index, family income level index, and consumer expectations index. It is measured between the ranges of zero to 200. "Zero" reflects pessimism and a complete lack satisfaction, while the value of "200" indicates optimism and the complete satisfaction of a consumer, while the value of 100 reflects neutrality on the question asked.