Sunday, October 18, 2026

Business News

Oman businesses record 31.2% growth in value added as Q2 GDP reaches RO12.9 billion

The value added by active establishments in Oman rose by 31.2 percent in the second quarter of 2026, reaching RO10.6554 billion, compared with RO8.124 billion in the same period last year.

ONA

info@thearabianstories.com

Sunday, October 18, 2026

MUSCAT — According to the data released by the National Centre for Statistics and Information (NCSI), Oman’s gross domestic product (GDP) also increased by 25.6 percent year-on-year, reaching RO12.8689 billion in the second quarter of 2026, up from RO10.2497 billion in the corresponding period of 2025.

Despite the growth in value added, the number of active private establishments declined by 4.6 percent to 269,714 in the second quarter of 2026, compared with 282,764 a year earlier.

At the labour market level, the total number of workers in active private establishments increased by 1.4 percent, reaching 1,827,518 workers during the second quarter of 2026, compared to 1,802,972 workers during the same period of 2025.

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