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Oman’s GDP grew 12.7% in 2021

The nominal GDP surged to OMR 24.2 billion in 2021.

TAS News Service

info@thearabianstories.com

Saturday, February 12, 2022

MUSCAT: Oman’s Gross Domestic Product (GDP) at current market prices recorded a robust 12.7% growth during the end of third quarter of 2021.

In a statement issued by the National Centre for Statistics and Information (NCSI) said the nominal GDP surged to OMR 24.2 billion.

The data also showed the increase in GDP as a result of the increase in the average oil price by about 29% to reach $60.9 per barrel by the end of the third quarter of 2021.

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