Markets Actual Q1 Q2 Q3 Q4 2020
Stock Market (points) 4056.42 3981 3957 3933 3910 3863
Currency 0.38 0.39 0.39 0.39 0.39 0.39
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 2.20 3 3 3 3 3.8
Unemployment Rate (%) 16.00 16 16 16 16 16
Inflation Rate (%) -0.10 1.5 1.2 1.5 1.9 3.6
Interest Rate (%) 2.30 2.3 2.5 2.5 2.5 3
Balance of Trade (OMR Million) 606.80 620 700 700 880 650
Current Account (OMR Million) -1671.00 -3900 -3900 -3900 -3900 -3500
Current Account to GDP (%) -5.50 -7.8 -7.8 -7.8 -7.8 -6.5
Government Debt to GDP (%) 47.50 60.1 60.1 60.1 60.1 63
Government Budget (%) -9.00 -8.5 -8.5 -8.5 -8.5 -6.5
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 (%) 2.20 3 3 3 3 3.8
GDP (USD Billion) 79.29 67.76 67.76 67.76 67.76 63.35
GDP Constant Prices (OMR Million) 29333.50 30214 30214 30214 30214 31362
Gross Fixed Capital Formation (OMR Million) 7418.40 7641 7641 7641 7641 7931
GDP per capita (USD) 15663.90 14430 14430 14430 14430 14615
GDP per capita PPP (USD) 36830.90 36366 36366 36366 36366 37581
Gross National Product (OMR Million) 28452.30 29306 29306 29306 29306 30419
GDP From Agriculture (OMR Million) 670.20 690 690 690 690 717
GDP From Construction (OMR Million) 1986.10 2046 2046 2046 2046 2123
GDP From Manufacturing (OMR Million) 3011.00 3101 3101 3101 3101 3219
GDP From Mining (OMR Million) 171.00 176 176 176 176 183
GDP From Public Administration (OMR Million) 3575.80 3683 3683 3683 3683 3823
GDP From Services (OMR Million) 14437.50 14871 14871 14871 14871 15436
GDP From Transport (OMR Million) 1649.20 1699 1699 1699 1699 1763
GDP From Utilities (OMR Million) 567.00 584 584 584 584 606
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 16.00 16 16 16 16 16
Population (Million) 4.83 5.15 5.15 5.15 5.15 5.31
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) -0.10 1.5 1.2 1.5 1.9 3.6
Consumer Price Index CPI (points) 105.90 107 107 108 108 112
Producer Prices (points) 125.60 131 134 137 136 146
Producer Prices Change (%) -5.40 3.7 8.8 8.7 8.4 7
Inflation Rate Mom (%) -0.21 0.3 0.5 0.5 0.4 0.5
Food Inflation (%) 1.16 3 3.3 3.4 3.4 2
CPI Housing Utilities (points) 104.70 106 106 106 107 111
CPI Transportation (points) 112.90 115 117 114 115 119
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 2.30 2.3 2.5 2.5 2.5 3
Money Supply M2 (OMR Million) 17410.80 17769 17939 18109 183304 19777
Deposit Interest Rate (%) 3.45 2.97 3.45 3.65 2.97 2.97
Loan Growth (%) 1.66 6 6.5 6.5 6 7
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (OMR Million) 606.80 620 700 700 880 650
Current Account (OMR Million) -1671.00 -3900 -3900 -3900 -3900 -3500
Current Account to GDP (%) -5.50 -7.8 -7.8 -7.8 -7.8 -6.5
Imports (OMR Million) 728.70 800 780 780 800 950
Exports (OMR Million) 1135.10 1420 1480 1480 1680 1600
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 47.50 60.1 60.1 60.1 60.1 63
Government Budget (%) -9.00 -8.5 -8.5 -8.5 -8.5 -6.5
Government Budget Value (OMR Million) 351.90 -149 -549 -610 -772 -644
Government Spending (OMR Million) 5649.00 5818 5818 5818 5818 6040
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 0 0 0 0 0
Consumer Actual Q1 Q2 Q3 Q4 2020
Gasoline Prices (USD/Liter) 0.55 0.6 0.62 0.63 0.65 0.65


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.