Markets Actual Q1 Q2 Q3 Q4 2023
Stock Market (points) 4266.93 4216 4166 4116 4067 3971
Currency 0.38 0.38 0.38 0.38 0.38 0.38

Overview Actual Q1 Q2 Q3 Q4 2023
GDP Annual Growth Rate (%) -6.30 6 6 6 6 4
Unemployment Rate (%) 5.00 3.2 3.2 3.2 3.2 3
Inflation Rate (%) 3.56 3.1 3 2.8 2.5 2.5
Interest Rate (%) 0.50 0.5 1 1 1.25 1.5
Balance of Trade (OMR Million) 581.60 650 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 -5.1 -7.5 -7.5
Government Debt to GDP (% of GDP) 55.90 60.1 60.1 62 57 57
Government Budget (% of GDP) -7.00 -14.5 -14.5 -14.5 -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 Q1 Q2 Q3 Q4 2023
GDP Annual Growth Rate (%) -6.30 6 6 6 6 4
GDP (USD Billion) 64.65 72 72 72 75 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 16000 15150 15150
GDP per capita PPP (USD) 27294.57 25000 25000 28000 28000 28000
Gross National Product (OMR Million) 26987.80 28790 28790 27797 28607 29465
GDP From Agriculture (OMR Million) 752.40 584 798 798 798 821
GDP From Construction (OMR Million) 2527.90 2327 2680 2680 2680 2760
GDP From Manufacturing (OMR Million) 2114.20 2938 2241 2241 2241 2308
GDP From Mining (OMR Million) 254.20 167 269 269 269 278
GDP From Public Administration (OMR Million) 3042.30 4029 3225 3225 3225 3322
GDP From Services (OMR Million) 15394.50 15725 16318 16318 16318 16808
GDP From Transport (OMR Million) 1211.70 1791 1284 1284 1284 1323
GDP From Utilities (OMR Million) 841.50 631 892 892 892 919

Labour Actual Q1 Q2 Q3 Q4 2023
Unemployment Rate (%) 5.00 3.2 3.2 3.2 3.2 3
Population (Million) 4.50 5.31 5.31 5.31 5.47 5.47

Prices Actual Q1 Q2 Q3 Q4 2023
Inflation Rate (%) 3.56 3.1 3 2.8 2.5 2.5
Consumer Price Index CPI (points) 108.30 108 110 110 111 114
Inflation Rate Mom (%) 0.10 0.5 0.5 0.5 0.5 0.5
Producer Prices (points) 131.40 108 113 128 141 113
Producer Prices Change (%) 14.96 10 8 7 5 5
Food Inflation (%) 3.42 2 2 2 2 2
CPI Housing Utilities (points) 105.50 108 107 108 108 111
CPI Transportation (points) 118.00 119 119 120 120 121

Money Actual Q1 Q2 Q3 Q4 2023
Interest Rate (%) 0.50 0.5 1 1 1.25 1.5
Money Supply M2 (OMR Million) 19979.40 21090 214010 214010 22036 22627
Deposit Interest Rate (%) 4.03 2.97 4.03 4.03 4.53 4.78
Loan Growth (%) 3.43 3 3 3 2 2

Trade Actual Q1 Q2 Q3 Q4 2023
Balance of Trade (OMR Million) 581.60 650 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 -5.1 -7.5 -7.5
Imports (OMR Million) 1075.60 850 850 850 850 850
Exports (OMR Million) 1529.00 12200 12200 12200 1400 1400
Tourist Arrivals (thousand) 83.44 150 150 150 250 250

Government Actual Q1 Q2 Q3 Q4 2023
Government Debt to GDP (% of GDP) 55.90 60.1 60.1 62 57 57
Government Budget (% of GDP) -7.00 -14.5 -14.5 -14.5 -11 -11
Government Budget Value (OMR Million) 23.50 -300 -300 -300 -100 -100
Government Spending (OMR Million) 5825.40 6146 6146 6000 6175 6360

Taxes Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2023
Gasoline Prices (USD/Liter) 0.60 0.57 0.54 0.51 0.49 0.46


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, January 17, 2022.