Markets Actual Q3 Q4 Q1 Q2 2023
Currency 0.38 0.39 0.39 0.39 0.39 0.39
Stock Market (points) 4457.71 4405 4338 4272 4207 4080

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) 2.10 6 6 6 6 4
Unemployment Rate (%) 3.10 3.2 3.2 3.2 3.2 3
Inflation Rate (%) 2.41 4 3.5 2.5 2 2.5
Interest Rate (%) 3.00 3.75 3.75 4 4 4
Balance of Trade (OMR Million) 1204.10 11350 550 550 550 550
Current Account (OMR Million) 3330.00 -3800 -3800 -3800 -3800 -3800
Current Account to GDP (% of GDP) -12.00 -5.1 -7.5 -7.5 -7.5 -7.5
Government Debt to GDP (% of GDP) 55.90 62 57 57 57 57
Government Budget (% of GDP) -16.00 -14.5 -11 -11 -11 -11
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 0.00 0 0 0 0 0

GDP Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) 2.10 6 6 6 6 4
GDP (USD Billion) 85.87 72 75 75 75 75
GDP Constant Prices (OMR Million) 33673.20 35694 35694 35694 35694 37121
Gross Fixed Capital Formation (OMR Million) 8826.80 9356 9356 9356 9356 9731
GDP per Capita (USD) 15743.22 16000 15150 15150 15150 15150
GDP per Capita PPP (USD) 29502.06 28000 28000 28000 28000 28000
Gross National Product (OMR Million) 26368.80 27951 27951 27951 27951 29069
GDP from Agriculture (OMR Million) 785.50 798 833 833 833 866
GDP from Construction (OMR Million) 2444.00 2680 2591 2591 2591 2694
GDP from Manufacturing (OMR Million) 3195.60 2241 3387 3387 3387 3523
GDP from Mining (OMR Million) 230.20 269 244 244 244 254
GDP from Public Administration (OMR Million) 3598.50 3225 3814 3814 3814 3967
GDP from Services (OMR Million) 16571.40 16318 17566 17566 17566 18268
GDP from Transport (OMR Million) 1299.20 1284 1377 1377 1377 1432
GDP from Utilities (OMR Million) 817.30 892 866 866 866 901

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 3.10 3.2 3.2 3.2 3.2 3
Population (Million) 4.53 5.31 5.47 5.47 5.47 5.47

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 2.41 4 3.5 2.5 2 2.5
Consumer Price Index CPI (points) 110.10 112 112 111 112 115
Inflation Rate MoM (%) -0.10 0.5 0.5 0.5 0.5 0.5
Producer Prices (points) 167.20 141 146 162 176 153
Producer Prices Change (%) 40.74 7 5 5 5 5
Food Inflation (%) 4.93 6.7 5.5 4.8 4 4
CPI Housing Utilities (points) 105.00 109 109 109 107 112
CPI Transportation (points) 118.80 119 120 121 121 122

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 3.00 3.75 3.75 4 4 4
Money Supply M2 (OMR Million) 20767.10 214010 22036 22036 22036 22627
Deposit Interest Rate (%) 4.15 4.9 4.9 5.15 5.15 5.15
Loan Growth (%) 2.60 3 2 2 2 2

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (OMR Million) 1204.10 11350 550 550 550 550
Current Account (OMR Million) 3330.00 -3800 -3800 -3800 -3800 -3800
Current Account to GDP (% of GDP) -12.00 -5.1 -7.5 -7.5 -7.5 -7.5
Imports (OMR Million) 1541.90 850 850 850 850 850
Exports (OMR Million) 2369.80 12200 1400 1400 1400 1400
Tourist Arrivals (Thousand) 122.00 150 250 250 250 250

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 55.90 62 57 57 57 57
Government Budget (% of GDP) -16.00 -14.5 -11 -11 -11 -11
Government Budget Value (OMR Million) 235.00 -300 -100 -100 -100 -100
Government Spending (OMR Million) 6700.30 7102 7102 7102 7102 7386

Taxes Actual Q3 Q4 Q1 Q2 2023
Corporate Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 0.00 0 0 0 0 0
Sales Tax Rate (%) 5.00 0 0 0 0 0

Consumer Actual Q3 Q4 Q1 Q2 2023
Gasoline Prices (USD/Liter) 0.62 0.64 0.67 0.69 0.72 0.72


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Oman Forecast - was last updated on Monday, September 26, 2022.