Markets Actual Q2 Q3 Q4 Q1 2020
Stock Market (points) 3980.29 3973 3940 3908 3876 3813
Currency 0.39 0.38 0.38 0.38 0.38 0.38
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) -0.90 1.5 1.5 1.5 5.8 5.8
Unemployment Rate (%) 16.00 16 16 16 16 16
Inflation Rate (%) 0.43 0.5 1.1 1.6 3 1.9
Interest Rate (%) 2.99 3 3 3 2.5 2.5
Balance of Trade (OMR Million) 493.20 540 540 490 620 880
Current Account to GDP (%) -14.80 -8.8 -8.8 -8.8 -5.5 -5.5
Government Debt to GDP (%) 39.90 48 48 48 59 59
Government Budget (%) -7.70 -9.8 -9.8 -9.8 -6.9 -6.9
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 0.00 0 0 0 0 0
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) -0.90 1.5 1.5 1.5 5.8 5.8
GDP (USD Billion) 72.64 78 78 78 82 82
GDP Constant Prices (OMR Million) 27750.10 29138 29138 29138 28444 29866
Gross Fixed Capital Formation (OMR Million) 7847.70 8240 8240 8240 8044 8446
GDP per capita (USD) 16144.40 17100 17100 17100 18750 18750
GDP per capita PPP (USD) 37960.70 38150 38150 38150 38366 38366
Gross National Product (OMR Million) 26098.30 27403 27403 27403 26751 28088
GDP From Agriculture (OMR Million) 529.40 556 556 556 543 570
GDP From Construction (OMR Million) 2109.20 2215 2215 2215 2162 2270
GDP From Manufacturing (OMR Million) 2663.40 2797 2797 2797 2730 2866
GDP From Mining (OMR Million) 151.50 159 159 159 155 163
GDP From Public Administration (OMR Million) 3652.10 3835 3835 3835 3743 3931
GDP From Services (OMR Million) 14254.90 14968 14968 14968 14611 15342
GDP From Transport (OMR Million) 1623.80 1705 1705 1705 1664 1748
GDP From Utilities (OMR Million) 571.70 600 600 600 586 615
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 16.00 16 16 16 16 16
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 0.43 0.5 1.1 1.6 3 1.9
Consumer Price Index CPI (Index Points) 106.60 108 109 109 109 113
Producer Prices (Index Points) 135.80 139 146 151 151 169
Producer Prices Change (%) 29.50 9.8 10 11.3 12 13
Food Inflation (%) 2.30 1 1.1 1.2 1.5 1.4
CPI Housing Utilities (Index Points) 104.90 107 108 108 108 112
CPI Transportation (Index Points) 113.00 119 119 118 116 122
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 2.99 3 3 3 2.5 2.5
Deposit Interest Rate (%) 3.45 3.47 3.47 3.47 2.97 2.97
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (OMR Million) 493.20 540 540 490 620 880
Current Account to GDP (%) -14.80 -8.8 -8.8 -8.8 -5.5 -5.5
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 39.90 48 48 48 59 59
Government Budget (%) -7.70 -9.8 -9.8 -9.8 -6.9 -6.9
Government Spending (OMR Million) 5571.60 5850 5850 5850 5711 5996
Taxes Actual Q2 Q3 Q4 Q1 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 Q2 Q3 Q4 Q1 2020
Gasoline Prices (USD/Liter) 0.51 0.49 0.48 0.47 0.46 0.46


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.