Oman’s GDP Grows 2.44% to RO 20.66 Billion in H1 2025: Implications for Investors and Business Owners
مسقط: Oman’s economy showed notable expansion in the first half of 2025, bolstered by a surge in non-oil activities and increased natural gas production, according to the Ministry of Economy’s latest Economic Performance Bulletin from September 2025.
Gross Domestic Product (GDP) at current prices increased by 2.44%, reaching RO 20.66 billion، از RO 20.17 billion a year earlier. In real terms, the output rose by 2.27%, driven mainly by a 4.14% growth in non-oil sectors. The agriculture, forestry, and fishing sectors experienced an impressive 11.72% increase, while services grew by 4.39% and industrial activities by 2.50%. Conversely, the value added from oil saw a slight decline of 0.48%, correlating with a 0.61% drop in average crude output, whereas natural gas activities recorded a significant rise of 56.52%.
Inflation remained low, averaging 0.82% from January to June 2025, compared to 0.36% during the same period in 2024, staying within the authorities’ established “safe” range.
However, public finances showed some strain, as net receipts from oil and gas fell, resulting in a 5.78% decrease in total state revenue during the first half of the year. External trade also softened due to declining hydrocarbon exports, although it maintained a surplus. Total merchandise exports reached RO 11.50 billion، یک 9.5% decline year-on-year, with oil exports decreasing by 16.08%. In contrast, non-oil exports rose by 9.1%.
Imports also saw an increase of 5.1%، جمع کل RO 8.41 billion, which led to a trade surplus of RO 3.09 billion. Moreover, foreign direct investment (FDI) displayed robust growth, with the total FDI stock reaching RO 30.28 billion، علامت گذاری یک 12.8% increase from the previous year. Oil and gas extraction accounted for 80.7% of this investment, followed by manufacturing at 8.9% and financial intermediation at 4.5%.
By country of origin, the United Kingdom led with 51.9% of FDI, followed by the ایالات متحده در 26.7% و Kuwait در 4.5%. Credit quality remained stable, with Standard & Poor’s affirming Oman’s sovereign rating at BBB- with a stable outlook. The agency highlighted the economy’s ability to maintain financial stability and fulfill its obligations.
Overall, the first-half assessment indicates steady, broad-based growth beyond the oil sector, low inflationary pressures on households, and continued investor confidence—critical components of چشمانداز عمان ۲۰۴۰.
تحلیل ویژه از عمانت | بازار عمان را کشف کنید
عمان non-oil sector growth signals promising فرصتهایی برای کسبوکارها in agriculture, services, and manufacturing, as economic diversification progresses. However, the decline in oil revenue نشان دهنده پتانسیل است risks for traditional sectors, urging smart investors and entrepreneurs to pivot towards sustainable, non-hydrocarbon ventures. As FDI inflows increase and consumer inflation remains low, now is an ideal time to explore innovative projects aligned with چشمانداز عمان ۲۰۴۰.
