Markets Actual Q4 Q1 Q2 Q3 2022
Stock Market (points) 3968.08 3912 3857 3803 3749 3644
Currency 0.39 0.38 0.38 0.38 0.38 0.38

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -6.30 3 6 6 6 6
Unemployment Rate (%) 5.00 3.3 3.2 3.2 3.2 3.2
Inflation Rate (%) 2.08 3.5 2.1 2.2 2.4 2.5
Interest Rate (%) 0.50 0.5 0.5 1 1 1.25
Balance of Trade (OMR Million) 654.50 650 11350 11350 11350 550
Current Account (OMR Million) 3330.00 -3800 -3800 -3800 -3800 -3800
Current Account to GDP (% of GDP) -5.20 -11 -11 -11 -5.1 -7.5
Government Debt to GDP (% of GDP) 55.90 60.1 60.1 60.1 62 57
Government Budget (% of GDP) -7.00 -14.5 -14.5 -14.5 -14.5 -11
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 2022
GDP Annual Growth Rate (%) -6.30 3 6 6 6 6
GDP (USD Billion) 76.33 72 72 72 72 75
GDP Constant Prices (OMR Million) 28850.10 30613 29716 30581 30581 31499
Gross Fixed Capital Formation (OMR Million) 7110.90 8657 8657 7324 7538 7764
GDP per capita (USD) 15082.00 14615 14615 14615 16000 15150
GDP per capita PPP (USD) 27294.57 25000 25000 25000 28000 28000
Gross National Product (OMR Million) 26987.80 28790 28790 27797 28607 29465
GDP From Agriculture (OMR Million) 690.60 584 584 711 732 754
GDP From Construction (OMR Million) 1854.60 2327 2327 1910 1966 2025
GDP From Manufacturing (OMR Million) 3071.80 2938 2938 3164 3256 3354
GDP From Mining (OMR Million) 125.50 167 167 129 133 137
GDP From Public Administration (OMR Million) 3574.70 4029 4029 3682 3789 3903
GDP From Services (OMR Million) 14128.00 15725 15725 14552 14976 15425
GDP From Transport (OMR Million) 1721.20 1791 1791 1773 1824 1879
GDP From Utilities (OMR Million) 620.30 631 631 639 658 677

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 5.00 3.3 3.2 3.2 3.2 3.2
Population (Million) 4.50 5.31 5.31 5.31 5.31 5.47

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 2.08 3.5 2.1 2.2 2.4 2.5
Consumer Price Index CPI (points) 107.50 108 107 109 110 111
Inflation Rate Mom (%) 0.02 0.5 0.5 0.5 0.5 0.5
Producer Prices (points) 118.80 190 106 106 122 113
Producer Prices Change (%) 18.21 15 3 3 7 7
Food Inflation (%) 1.39 2 2 2 2 2
CPI Housing Utilities (points) 104.30 108 106 107 107 111
CPI Transportation (points) 115.20 116 116 117 118 118

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 0.50 0.5 0.5 1 1 1.25
Money Supply M2 (OMR Million) 19955.40 20735 21090 214010 214010 22036
Deposit Interest Rate (%) 4.03 2.97 4.03 4.03 4.53 4.78
Loan Growth (%) 2.76 3 3 3 3 2

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (OMR Million) 654.50 650 11350 11350 11350 550
Current Account (OMR Million) 3330.00 -3800 -3800 -3800 -3800 -3800
Current Account to GDP (% of GDP) -5.20 -11 -11 -11 -5.1 -7.5
Imports (OMR Million) 773.80 850 850 850 850 850
Exports (OMR Million) 1355.40 12200 12200 12200 12200 1400
Tourist Arrivals (thousand) 9.92 150 150 150 150 250

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 55.90 60.1 60.1 60.1 62 57
Government Budget (% of GDP) -7.00 -14.5 -14.5 -14.5 -14.5 -11
Government Budget Value (OMR Million) -1051.80 -300 -300 -300 -300 -100
Government Spending (OMR Million) 5825.40 6146 6146 6000 6175 6360

Taxes Actual Q4 Q1 Q2 Q3 2022
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 Q4 Q1 Q2 Q3 2022
Gasoline Prices (USD/Liter) 0.59 0.56 0.53 0.51 0.48 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.