Markets Actual Q2 Q3 Q4 Q1 2021
Stock Market (points) 3517.60 3474 3432 3390 3348 3264
Currency 0.38 0.38 0.38 0.38 0.38 0.38

Overview Actual Q2 Q3 Q4 Q1 2021
GDP Annual Growth Rate (%) 2.20 3 3 3 3 3.8
Unemployment Rate (%) 3.10 3.3 3.3 3.3 3.5 3.5
Inflation Rate (%) -0.97 -1.8 1.5 1.9 3 3.6
Interest Rate (%) 0.50 0.5 0.5 0.5 0.5 2
Balance of Trade (OMR Million) 465.20 300 440 390 450 450
Current Account (OMR Million) -1671.00 -3900 -3900 -3900 -3900 -3500
Current Account to GDP (%) -5.20 -14.5 -14.5 -14.5 -11 -11
Government Debt to GDP (%) 47.50 60.1 60.1 60.1 60.1 63
Government Budget (%) -7.00 -14.5 -14.5 -14.5 -19 -19
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 2021
GDP Annual Growth Rate (%) 2.20 3 3 3 3 3.8
GDP (USD Billion) 79.50 67.76 67.76 67.76 63.35 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 14615 14615
GDP per capita PPP (USD) 36830.90 36366 36366 36366 37504 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 Q2 Q3 Q4 Q1 2021
Unemployment Rate (%) 3.10 3.3 3.3 3.3 3.5 3.5
Population (Million) 4.86 5.15 5.15 5.15 5.31 5.31

Prices Actual Q2 Q3 Q4 Q1 2021
Inflation Rate (%) -0.97 -1.8 1.5 1.9 3 3.6
Consumer Price Index CPI (points) 104.70 104 108 108 108 112
Inflation Rate Mom (%) -0.48 0.5 0.5 0.4 0.4 0.5
Producer Prices (points) 119.10 134 137 129 129 138
Producer Prices Change (%) -12.30 8.8 8.7 8.4 8.4 7
Food Inflation (%) 2.09 3.3 3.4 3.4 3.4 2
CPI Housing Utilities (points) 104.20 103 106 107 107 111
CPI Transportation (points) 107.40 114 114 115 114 119

Money Actual Q2 Q3 Q4 Q1 2021
Interest Rate (%) 0.50 0.5 0.5 0.5 0.5 2
Money Supply M2 (OMR Million) 18853.50 20604 22525 24445 26366 32126
Deposit Interest Rate (%) 3.45 3.45 3.45 3.45 3.45 4.95
Loan Growth (%) 2.73 6.5 6.5 6 6 7

Trade Actual Q2 Q3 Q4 Q1 2021
Balance of Trade (OMR Million) 465.20 300 440 390 450 450
Current Account (OMR Million) -1671.00 -3900 -3900 -3900 -3900 -3500
Current Account to GDP (%) -5.20 -14.5 -14.5 -14.5 -11 -11
Imports (OMR Million) 819.70 850 770 800 900 950
Exports (OMR Million) 1284.90 1150 1210 1190 1350 1400
Tourist Arrivals (thousand) 102.00 240 200 320 315 340

Government Actual Q2 Q3 Q4 Q1 2021
Government Debt to GDP (%) 47.50 60.1 60.1 60.1 60.1 63
Government Budget (%) -7.00 -14.5 -14.5 -14.5 -19 -19
Government Budget Value (OMR Million) 28.30 -549 -610 -772 -772 -644
Government Spending (OMR Million) 5649.00 5818 5818 5818 5818 6040

Taxes Actual Q2 Q3 Q4 Q1 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 Q2 Q3 Q4 Q1 2021
Gasoline Prices (USD/Liter) 0.47 0.49 0.47 0.45 0.42 0.4


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.