Oman’s GDP Grows by 2.1%: What This Means for Investors and Businesses in the Sultanate
المسكات عنب طيب الشذا: The Sultanate of Oman experienced a 2.1 percent growth in its Gross Domestic Product (GDP) at constant prices in the second quarter of 2025. The GDP reached RO 9,363.5 million، أعلى من RO 9,168.9 million during the same period in 2024.
Preliminary data from the National Centre for Statistics and Information (NCSI) highlights that this growth is largely due to a 3.8 percent increase in the value added by non-petroleum activities, which totaled RO 6,862.5 million by the end of the second quarter this year, compared to RO 6,611.6 million in the second quarter of 2024.
The breakdown of economic activities shows significant growth in several sectors. Agriculture and fishing activities experienced a notable increase of 12.5 بالمئة، الوصول RO 307.4 million، مقارنة ب RO 273.3 million في عام 2024.
Industrial activities grew modestly by 0.2 بالمئة, contributing RO 1,970.5 million، أعلى من RO 1,967.3 million العام السابق.
في أثناء، service activities expanded by 4.9 percent، المجموع RO 4,584.6 million، مقارنة ب RO 4,371.0 million in the same quarter last year.
In terms of petroleum activities, there was a slight increase of 0.5 percent, with contributions reaching RO 2,976.1 million مقارنة ب RO 2,961.5 million in the second quarter of 2024.
Within the petroleum sector, Oman’s crude oil production saw a slight rise of 0.9 بالمئة, contributing RO 2,493.5 million to the GDP at constant prices, compared to RO 2,471.6 million the previous year. Conversely, natural gas activities experienced a decline of 1.5 percent, with contributions falling to RO 482.6 million، إلى الأسفل من RO 489.9 million in the previous year.
تحليل خاص من عمانت | تصفح سوق عُمان
الأخيرة 2.1% GDP growth in Oman, primarily driven by a 3.8% increase in non-petroleum activities, signals robust opportunities for businesses, especially in the agriculture, fishing, and services sectors. This shift toward تنويع presents potential for innovative startups and strategic investments in emerging industries, but investors should remain cautious of the sluggish performance in petroleum and industrial activities. Smart entrepreneurs should now consider aligning with the government’s diversification goals to capitalize on growing sectors while monitoring fluctuations in oil and gas contributions to GDP.
