Oman’s GDP Grows 2% in Q3: Key Insights for Investors and Business Leaders
MUSCAT: Oman’s gross domestic product (GDP) at constant prices increased by 2 percent in the third quarter of 2025, reaching RO 9.9112 billion, up from RO 9.7129 billion in the same quarter of 2024, according to preliminary data from the National Centre for Statistics and Information.
This growth was primarily driven by a 2 percent rise in the value added by non-oil sectors, which climbed to RO 7.3032 billion by the end of the third quarter of 2025, compared to RO 7.1599 billion a year earlier.
Among economic activities, construction grew by 1.3 percent, contributing RO 1.0348 billion. Wholesale and retail trade also saw a 1.3 percent increase, reaching RO 830.5 million. Public administration and defence activities expanded by 1.5 percent, amounting to RO 932.5 million during the third quarter.
The oil sector recorded a 1.9 percent growth, with value added rising to RO 3.0676 billion, compared to RO 3.0104 billion in the same period in 2024. Specifically, crude oil activities increased by 2 percent to RO 2.5548 billion, while natural gas activities grew by 1.6 percent to RO 512.8 million.
— ONA
Special Analysis by Omanet | Navigate Oman’s Market
Oman’s 2% GDP growth in Q3 2025, driven notably by a 2% rise in non-oil sectors, signals increasing economic diversification and resilience beyond oil dependency. For businesses, this presents opportunities in construction, retail, and public sectors to capitalize on steady expansion, while investors should consider ventures aligned with Oman’s strategic push toward non-oil growth to mitigate risks linked to oil market fluctuations.
