Oman‘s economic system expanded by 2.5 per cent within the first quarter of 2025, with actual GDP reaching RO 9.43 billion at market costs, based on knowledge from the Nationwide Centre for Statistics and Info.
The determine represents a rise from RO 9.2 billion recorded throughout the identical interval in 2024, marking progress throughout a number of sectors of the sultanate’s economic system, WAM reported.
Oman non-oil sectors drive 4.4% progress in first quarter of 2025
Non-oil sectors led the enlargement, posting a 4.4 per cent improve in added worth to achieve RO 6.92 billion in Q1 2025, in comparison with RO 6.63 billion within the corresponding quarter of 2024.
Oil actions skilled a decline of 0.4 per cent, contributing RO 2.92 billion to the economic system in Q1 2025, down from RO 2.94 billion within the earlier yr’s first quarter.
Crude oil manufacturing fell by 2.2% to RO 2.45 billion in the course of the interval underneath evaluation. Nevertheless, pure gasoline manufacturing offered a counterbalance, rising by 9.5 per cent to RO 475.3 million.
The Nationwide Centre for Statistics and Info launched the info as a part of its quarterly financial evaluation, highlighting the diversification efforts inside Oman’s economic system.
The expansion figures display the rising contribution of non-oil sectors to the nation’s financial output, while conventional vitality sectors confirmed combined efficiency.
Pure gasoline manufacturing emerged as a progress driver throughout the vitality sector, offsetting a number of the decline seen in crude oil output in the course of the three-month interval.
