Markets Actual Q4 Q1 Q2 Q3 2021
Stock Market (points) 3557.40 3522 3479 3436 3394 3309
Currency 0.38 0.38 0.38 0.38 0.38 0.38

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) -0.80 -3.5 3 3 3 3
Unemployment Rate (%) 3.10 3.5 3.3 3.3 3.3 3.3
Inflation Rate (%) -1.22 1.1 1.7 2.2 1.8 2
Interest Rate (%) 1.00 0.5 0.5 0.5 0.5 0.5
Balance of Trade (OMR Million) 418.80 880 390 400 560 650
Current Account (OMR Million) -1592.00 -3900 -3800 -3800 -3800 -3800
Current Account to GDP (%) -5.20 -14.5 -11 -11 -11 -11
Government Debt to GDP (%) 47.50 63 63 60.1 60.1 60.1
Government Budget (% of GDP) -7.00 -19 -14.5 -14.5 -14.5 -14.5
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 0.00 0 0 0 0 0

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) -0.80 -3.5 3 3 3 3
GDP (USD Billion) 76.98 70 72 72 72 72
GDP Constant Prices (OMR Million) 28850.10 29866 28307 30214 30214 30613
Gross Fixed Capital Formation (OMR Million) 7110.90 8446 7159 7641 7641 8657
GDP per capita (USD) 14992.60 14430 14615 14615 14615 14615
GDP per capita PPP (USD) 27896.30 23500 25000 25000 25000 25000
Gross National Product (OMR Million) 26987.80 28088 27456 29306 29306 28790
GDP From Agriculture (OMR Million) 690.60 570 647 690 690 584
GDP From Construction (OMR Million) 1854.60 2270 1917 2046 2046 2327
GDP From Manufacturing (OMR Million) 3071.80 2866 2906 3101 3101 2938
GDP From Mining (OMR Million) 125.50 163 165 176 176 167
GDP From Public Administration (OMR Million) 3574.70 3931 3451 3683 3683 4029
GDP From Services (OMR Million) 14128.00 15342 13932 14871 14871 15725
GDP From Transport (OMR Million) 1721.20 1748 1591 1699 1699 1791
GDP From Utilities (OMR Million) 620.30 615 547 584 584 631

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 3.10 3.5 3.3 3.3 3.3 3.3
Population (Million) 4.86 5.15 5.31 5.31 5.31 5.31

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) -1.22 1.1 1.7 2.2 1.8 2
Consumer Price Index CPI (points) 104.80 113 107 107 108 117
Inflation Rate Mom (%) -0.43 0.2 0.3 0.4 0.4 0.5
Producer Prices (points) 101.60 113 126 115 110 120
Producer Prices Change (%) -17.40 -5.5 6 13 8.5 7
Food Inflation (%) 0.80 2 1.5 1.3 2 2
CPI Housing Utilities (points) 104.20 112 106 106 106 115
CPI Transportation (points) 106.40 122 114 112 110 126

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 1.00 0.5 0.5 0.5 0.5 0.5
Money Supply M2 (OMR Million) 19158.60 24445 26366 28286 28286 32126
Deposit Interest Rate (%) 3.45 2.97 3.45 3.45 3.45 2.97
Loan Growth (%) 1.19 3.5 4 5 6 6

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (OMR Million) 418.80 880 390 400 560 650
Current Account (OMR Million) -1592.00 -3900 -3800 -3800 -3800 -3800
Current Account to GDP (%) -5.20 -14.5 -11 -11 -11 -11
Imports (OMR Million) 594.50 800 750 690 690 850
Exports (OMR Million) 796.40 1190 1150 1250 1250 12200
Tourist Arrivals (thousand) 102.00 50 100 120 150 150

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 47.50 63 63 60.1 60.1 60.1
Government Budget (% of GDP) -7.00 -19 -14.5 -14.5 -14.5 -14.5
Government Budget Value (OMR Million) -723.80 -772 -772 -772 -772 -644
Government Spending (OMR Million) 5825.40 5996 5451 5818 5818 6146

Taxes Actual Q4 Q1 Q2 Q3 2021
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 0 0 0 0 0

Consumer Actual Q4 Q1 Q2 Q3 2021
Gasoline Prices (USD/Liter) 0.48 0.46 0.42 0.4 0.38 0.43


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.