• Oman

    • Oman’s GDP Jumps 30.4% to hit RO 32 billion

    By on January 28, 2023

    Muscat: Oman’s gross domestic product (GDP) at current prices increased by 30.4 percent to reach 32 billion Omani riyals until the end of September 2022 , compared to the same period in 2021.

    This came in the first edition of the “Quarterly National Accounts Indicators” report issued by the National Center for Statistics and Information. It reviews the most important indicators at current and constant prices, the growth rates of economic activities, and the most important indicators supporting an increase in gross domestic product until the end of September 2022.

    The report attributed this increase to the high growth rate of oil activities until the end of September 2022 at current prices, by 72.5 percent compared to the same period in 2021, which is the highest among economic activities, in addition to the high growth rate in manufacturing activities, achieving 65.6 percent during the same period.

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