Oman's economy grew by 5.1% year-on-year in the second quarter of 2026, accelerating from a 2.4% expansion in the previous quarter and marking the strongest growth since the fourth quarter of 2022. GDP Annual Growth Rate in Oman averaged 2.86 percent from 1999 until 2026, reaching an all time high of 10.10 percent in the second quarter of 2012 and a record low of -7.40 percent in the second quarter of 2020. source: National Center for Statistics & Information - Oman
GDP Annual Growth Rate in Oman is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman GDP Annual Growth Rate is projected to trend around 2.10 percent in 2027 and 3.40 percent in 2028, according to our econometric models.