Markets Actual Q3 Q4 Q1 Q2 2021
Stock Market (points) 3565.21 3525 3481 3439 3396 3311
Currency 0.39 0.38 0.38 0.38 0.38 0.38

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) -0.80 -3.5 -3.5 3 3 3
Unemployment Rate (%) 3.10 3.3 3.3 3.5 3.5 3.5
Inflation Rate (%) -0.73 1.5 1.9 1.7 1.6 2
Interest Rate (%) 0.50 0.5 0.5 0.5 0.5 0.5
Balance of Trade (OMR Million) 418.80 380 390 400 560 11350
Current Account (OMR Million) -1671.00 -3900 -3900 -3800 -3800 -3800
Current Account to GDP (%) -5.20 -14.5 -14.5 -11 -11 -11
Government Debt to GDP (%) 47.50 63 63 63 60.1 60.1
Government Budget (% of GDP) -7.00 -19 -19 -14.5 -14.5 -14.5
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 2021
GDP Annual Growth Rate (%) -0.80 -3.5 -3.5 3 3 3
GDP (USD Billion) 76.98 53 53 65 65 65
GDP Constant Prices (OMR Million) 28850.10 28307 28307 30214 30214 29156
Gross Fixed Capital Formation (OMR Million) 7110.90 7159 7159 7641 7641 7374
GDP per capita (USD) 14992.60 14430 14430 14615 14615 14615
GDP per capita PPP (USD) 27896.30 36366 36366 36366 37504 37581
Gross National Product (OMR Million) 26987.80 27456 27456 29306 29306 28280
GDP From Agriculture (OMR Million) 690.60 647 647 690 690 666
GDP From Construction (OMR Million) 1854.60 1917 1917 2046 2046 1974
GDP From Manufacturing (OMR Million) 3071.80 2906 2906 3101 3101 2993
GDP From Mining (OMR Million) 125.50 165 165 176 176 170
GDP From Public Administration (OMR Million) 3574.70 3451 3451 3683 3683 3554
GDP From Services (OMR Million) 14128.00 13932 13932 14871 14871 14350
GDP From Transport (OMR Million) 1721.20 1591 1591 1699 1699 1639
GDP From Utilities (OMR Million) 620.30 547 547 584 584 564

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 3.10 3.3 3.3 3.5 3.5 3.5
Population (Million) 4.86 5.15 5.15 5.31 5.31 5.31

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) -0.73 1.5 1.9 1.7 1.6 2
Consumer Price Index CPI (points) 105.30 108 108 107 107 110
Inflation Rate Mom (%) 0.42 0.5 0.4 0.4 0.4 0.5
Producer Prices (points) 119.10 137 129 129 129 138
Producer Prices Change (%) -5.70 8.7 8.4 8.4 8.4 7
Food Inflation (%) 3.35 3.4 3.4 3.4 3.4 2
CPI Housing Utilities (points) 104.20 106 107 106 106 109
CPI Transportation (points) 108.10 114 115 112 110 117

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 0.50 0.5 0.5 0.5 0.5 0.5
Money Supply M2 (OMR Million) 19039.00 22525 24445 26366 28286 32126
Deposit Interest Rate (%) 3.45 3.45 3.45 3.45 3.45 3.45
Loan Growth (%) 2.40 2.5 6 6 6 7

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (OMR Million) 418.80 380 390 400 560 11350
Current Account (OMR Million) -1671.00 -3900 -3900 -3800 -3800 -3800
Current Account to GDP (%) -5.20 -14.5 -14.5 -11 -11 -11
Imports (OMR Million) 691.00 720 800 750 690 850
Exports (OMR Million) 1109.80 1100 1190 1150 1250 12200
Tourist Arrivals (thousand) 102.00 200 320 315 315 340

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 47.50 63 63 63 60.1 60.1
Government Budget (% of GDP) -7.00 -19 -19 -14.5 -14.5 -14.5
Government Budget Value (OMR Million) 189.30 -610 -772 -772 -772 -644
Government Spending (OMR Million) 5825.40 5451 5451 5818 5818 5615

Taxes Actual Q3 Q4 Q1 Q2 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 Q3 Q4 Q1 Q2 2021
Gasoline Prices (USD/Liter) 0.49 0.45 0.42 0.4 0.38 0.36


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.