Dear OMAG investors, a post by a member have been deleted for inaccurate information about the GDP of Oman. Please review the figures below which accurately reflect Oman’s economic activity.
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AGORACOM Investor Relations
Economy of Oman
Currency Omani Rial (RO) = 1000 baisas
Fiscal year Calendar year
Trade organizations WTO
Statistics
GDP (PPP) $52.3 billion (2007 est.) (81th)
GDP growth 8.3%
GDP per capita $19,900 (2007 est)
GDP by sector agriculture 2.6%, industry 38.8%, services 58.7% (2006 est.)
Inflation (CPI) 7%
Population
below poverty line NA
Labor force 920,000 (2002 est.)
Unemployment 15% (2004 est)
Main industries crude oil production and refining, natural and liquefied natural gas (LNG) production; construction, cement, copper, steel, chemicals, optic fiber
External
Exports $24.73 billion f.o.b. (2006 est.)
Export goods petroleum, reexports, fish, metals, textiles
Main export partners China 29.5%, South Korea 17.5%, Japan 11.5%, Thailand 10.6%, UAE 7.2% (2004)
Imports $10.19 billion f.o.b. (2006 est.)
Import goods machinery and transport equipment, manufactured goods, food, livestock,lubricants
Main import partners UAE 21.2%, Japan 16.6%, UK 8.4%, Italy 6%, Germany 5.1%, US 4.7% (2004)
Gross External Debt {{{gross external debt}}}
Public finances
Public debt 2.80% of GDP
Revenues $14.33 billion (2006 est.)