• Oman

    • Added Value of Enterprises in Oman Exceeds RO 9 Billion by 4th quarter 2022

    By on June 4, 2023

    Muscat: The total added value of enterprises by the end of the fourth quarter of 2022 in the Sultanate of Oman amounted to RO 9,237.6 million (221,523 enterprises), constituting a growth by 25.2% compared to the same period in 2021, according to the latest data issued by the National Centre for Statistics and Information (NCSI).

    The contribution of active enterprises to the gross domestic product (GDP) at current prices increased by 79.7% for the fourth quarter of 2022, compared to 79.2% by the fourth quarter of 2021.

    The added value of large enterprises amounted to RO 6,897.9 million constituting 59.5% during the fourth quarter of 2022, comprising a rise by 27.6% compared the corresponding period in the previous year.

    Further, the added value of medium enterprises amounted to RO 725 million (6.3%) during the fourth quarter of 2022, comprising an increase by 20.7%. Meanwhile, the added value of small enterprises reached RO 749.3 million (6.5%) during the fourth quarter of 2022, constituting a rise by 16.8%.

    The added value of micro enterprises reached RO 865.5 million (7.5%) during the fourth quarter of 2022, going up by 18.4%.

    It is worth mentioning that the number of workers in active private enterprises in Oman increased by 16.1% to stand 1,688,110 during the fourth quarter of 2022 compared to 1,454,187 during the fourth quarter of 2021. – ONA

    more recommended stories

    Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.