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Oman
Oman, officially the Sultanate of Oman, is a country in the southeastern Arabian Peninsula in West Asia. It shares land borders with Saudi Arabia, the United Arab Emirates, and Yemen, while also sharing maritime borders with Iran and Pakistan. Oman's coastline faces the Arabian Sea to the southeast and the Gulf of Oman on the northeast. The exclaves of Madha and Musandam are surrounded by the United Arab Emirates on their land borders, while Musandam's coastal boundaries are formed by the strategic Strait of Hormuz and the Gulf of Oman. It has a population of approximately 5.46 million and an area of 315,331 km2 (121,750 sq mi), making it the third-largest country on the Arabian Peninsula. Muscat is the capital and largest city, Islam is the state religion, and Arabic is the official language.
Oman is the oldest independent state in the Arab world, and has been continuously ruled by the Al Bu Said dynasty since 1744. Beginning in the 17th century, Oman emerged as a major regional power, expelling the Portuguese from its coastal possessions and establishing an empire that competed with the British and Portuguese for influence in the Persian Gulf and the Indian Ocean. At its peak in the 19th century, Omani i... [More]
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Oman Currency Markets
Economic Indicators + Forecasts
Actual
Forecast
| Indicator | Last | Time | Previous | Metric |
|---|---|---|---|---|
Balance of Trade |
1297 | 26 May | 529 | OMR Million |
CPI Housing Utilities |
101 | 26 Jun | 102 | points |
CPI Transportation |
111 | 26 Jun | 114 | points |
Capital Flows |
819 | 24 Dec | 537 | OMR Million |
Central Bank Balance Sheet |
7998 | 26 May | 8100 | OMR Million |
Changes in Inventories |
-264 | 24 Dec | 911 | OMR Million |
Consumer Price Index CPI |
110 | 26 Jun | 110 | points |
Consumer Spending |
15366 | 24 Dec | 14798 | OMR Million |
Corporate Tax Rate |
15 | 26 Dec | 15 | percent |
Corruption Index |
52 | 25 Dec | 55 | Points |
Corruption Rank |
54 | 25 Dec | 50 | |
Credit Rating |
53 | 26 Jul | ||
Crude Oil Production |
1053 | 26 Mar | 1025 | BBL/D/1K |
Currency |
0.39 | 26 Jul | 0.38 | |
Current Account |
1180 | 24 Dec | 936 | OMR Million |
Current Account to GDP |
2.9 | 24 Dec | 2.4 | percent of GDP |
Deposit Interest Rate |
4.15 | 21 Dec | 4.03 | percent |
Electricity Production |
5770 | 26 Jun | 5411 | Gigawatt-hour |
Exports |
2946 | 26 May | 2311 | OMR Million |
Fiscal Expenditure |
884 | 26 Mar | 1021 | OMR Million |
Food Inflation |
6.1 | 26 Jun | 6.7 | percent |
Foreign Direct Investment |
3004 | 24 Dec | 4802 | OMR Million |
Foreign Exchange Reserves |
7594 | 26 May | 7599 | OMR Million |
GDP |
110 | 25 Dec | 107 | USD Billion |
GDP Annual Growth Rate |
2.6 | 26 Mar | 2.2 | percent |
GDP Constant Prices |
9685 | 26 Mar | 10522 | OMR Million |
GDP from Agriculture |
338 | 26 Mar | 263 | OMR Million |
GDP from Construction |
834 | 26 Mar | 945 | OMR Million |
GDP from Manufacturing |
869 | 26 Mar | 998 | OMR Million |
GDP from Mining |
56.4 | 26 Mar | 55.2 | OMR Million |
GDP from Public Administration |
924 | 26 Mar | 919 | OMR Million |
GDP from Services |
4722 | 26 Mar | 5133 | OMR Million |
GDP from Transport |
570 | 26 Mar | 590 | OMR Million |
GDP from Utilities |
220 | 26 Mar | 233 | OMR Million |
GDP per Capita |
17074 | 25 Dec | 17347 | USD |
GDP per Capita PPP |
36721 | 24 Dec | 37794 | USD |
Gasoline Prices |
0.61 | 26 Jul | 0.61 | USD/Liter |
Gold Reserves |
6.73 | 25 Mar | 6.73 | Tonnes |
Government Budget |
1 | 25 Dec | 1.3 | percent of GDP |
Government Budget Value |
-8 | 26 Mar | -10 | OMR Million |
Government Debt to GDP |
35.8 | 25 Dec | 35.5 | percent of GDP |
Government Revenues |
876 | 26 Mar | 1011 | OMR Million |
Government Spending |
7532 | 24 Dec | 7387 | OMR Million |
Gross Fixed Capital Formation |
9218 | 24 Dec | 8605 | OMR Million |
Gross National Product |
38823 | 24 Dec | 38580 | OMR Million |
Imports |
1649 | 26 May | 1782 | OMR Million |
Inflation Rate |
2.8 | 26 Jun | 3.8 | percent |
Inflation Rate MoM |
-0.6 | 26 Jun | 0.5 | percent |
Interest Rate |
4.25 | 26 Jun | 4.25 | percent |
Loan Growth |
11.8 | 26 May | 10.9 | percent |
Military Expenditure |
5988 | 25 Dec | 5988 | USD Million |
Minimum Wages |
325 | 26 Dec | 325 | OMR/month |
Money Supply M0 |
1758 | 26 May | 1641 | OMR Million |
Money Supply M1 |
9073 | 26 May | 8750 | OMR Million |
Money Supply M2 |
28601 | 26 May | 27857 | OMR Million |
Mortgage Approvals |
2253 | 26 Jun | 2035 | units |
Personal Income Tax Rate |
0 | 26 Dec | 0 | percent |
Population |
5.36 | 25 Dec | 5.27 | Million |
Private Sector Credit |
23102 | 26 May | 23094 | OMR Million |
Producer Prices |
111 | 26 Mar | 108 | points |
Producer Prices Change |
-3.9 | 26 Mar | -3.3 | percent |
Stock Market |
7281 | 26 Jul | 7247 | points |
Terrorism Index |
2.28 | 25 Dec | 2.93 | Points |
Tourist Arrivals |
305 | 26 May | 229 | Thousand |
Unemployment Rate |
3.3 | 25 Dec | 3.2 | percent |
| Indicator | Actual | Q1 | Q2 | Q3 | Q4 | Metric |
|---|---|---|---|---|---|---|
| CPI Housing Utilities | 101 | 106 | 106 | 106 | 104 | points |
| CPI Transportation | 111 | 111 | 111 | 111 | 112 | points |
| Consumer Price Index CPI | 110 | 112.88 | 110.73 | 111.03 | 113.09 | points |
| Currency | 0.39 | 0.38 | 0.38 | 0.38 | 0.38 | |
| Current Account to GDP | 2.9 | 1 | 1.5 | 2.6 | percent of GDP | |
| Food Inflation | 6.1 | 3.2 | 7.5 | 6.8 | 4.7 | percent |
| GDP | 110 | USD Billion | 111.79 | 114.14 | 118.02 | USD Billion |
| GDP per Capita | 17074 | 17416 | USD | |||
| GDP per Capita PPP | 36721 | 37456 | USD | |||
| Gasoline Prices | 0.61 | 0.61 | 0.73 | 0.61 | 0.61 | USD/Liter |
| Government Budget | 1 | 1.6 | 1.3 | 1.1 | percent of GDP | |
| Government Debt to GDP | 35.8 | 36 | 37.5 | 38 | percent of GDP | |
| Gross Fixed Capital Formation | 9218 | 9402 | OMR Million | |||
| Gross National Product | 38823 | 39600 | OMR Million | |||
| Inflation Rate | 2.8 | 2.9 | 3.2 | 2.9 | 3 | percent |
| Inflation Rate MoM | -0.6 | 0.1 | 0.4 | 0.1 | 0.2 | percent |
| Interest Rate | 4.25 | 4.75 | 4.25 | 4.5 | 4.5 | percent |
| Population | 5.36 | Million | 5.44 | 5.52 | 5.61 | Million |
| Producer Prices | 111 | 114.58 | 115.73 | 113.82 | 115.69 | points |
| Producer Prices Change | -3.9 | 3.6 | 5.5 | 5 | 4.6 | percent |
| Stock Market | 7281 | 6986 | 6768 | 6600 | 6437 | points |
| Unemployment Rate | 3.3 | 2.6 | percent |