Oman’s real economic growth projected at 3.2 per cent


Oman’s real gross domestic product (GDP) growth is projected at 3.2 per cent and 3.4 per cent in 2015 and 2016, respectively, by global rating agency Standard & Poor’s.

This is against the agency’s GDP growth projection of 2.5 per cent in both years for Saudi Arabia, 4 per cent and 4.5 per cent for Qatar, 1 per cent and 2.3 per cent for Kuwait and 1 per cent and 2 per cent in 2015 and 2016 for Abu Dhabi, respectively.

The Sultanate’s nominal GDP is projected at $75 billion and $82 billion in 2015 and 2016, respectively, while real per capita GDP is estimated at $18,231 and $19,124 for these two years, respectively.

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Source: Times of Oman, 25th Feb 2015

 

 

 

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