{"id":20374,"date":"2024-12-28T00:00:00","date_gmt":"2024-12-28T00:00:00","guid":{"rendered":"https:\/\/www.fm.gov.om\/20374\/"},"modified":"2026-04-29T07:16:30","modified_gmt":"2026-04-29T07:16:30","slug":"oman-gdp-rises-nearly-2","status":"publish","type":"post","link":"https:\/\/www.fm.gov.om\/en\/20374\/","title":{"rendered":"Oman GDP rises nearly 2%"},"content":{"rendered":"<p>The Gross Domestic Product (GDP) at constant prices in the Sultanate of Oman recorded 1.9% growth by the end of the third quarter of 2024.<\/p>\n<p>GDP reached OMR 28.15 billion at market prices, compared to OMR 27.63 billion at the end of the third quarter of 2023.<\/p>\n<p>Preliminary data from the <a href=\"https:\/\/www.ncsi.gov.om\/ar\" target=\"_blank\" rel=\"noopener\">National Centre for Statistics and Information<\/a> indicated that the value added by oil activities decreased by 2.8%, recording OMR 8.88 billion by the end of the third quarter of this year, compared to OMR 9.13 billion in the same period of 2023, with oil activities contributing 31.6%.<\/p>\n<p><img data-opt-id=782623085  fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-68478\" src=\"https:\/\/mlzlkxvcvliz.i.optimole.com\/cb:ghTT.1f99\/w:auto\/h:auto\/q:mauto\/g:sm\/f:best\/https:\/\/www.fm.gov.om\/wp-content\/uploads\/676fae7071d27-800x450-1.jpeg\" alt=\"Oman GDP at constant prices exceeds OMR 28.1 billion\" width=\"900\" height=\"506\" \/><\/p>\n<p>Crude oil activities recorded OMR 7.48 billion, a decline of 4.1%, while natural gas activities increased by 4.7%, reaching OMR 1.40 billion.<\/p>\n<p>The value added by non-oil activities increased by 4.2%, to OMR 20.53 billion by the end of the third quarter of 2024, compared to OMR 19.71 billion in the same period of 2023.<\/p>\n<p>Total industrial activities recorded OMR 6.22 billion, compared to OMR 5.89 billion at the end of the third quarter of 2023.<\/p>\n<p>Meanwhile, agriculture, forestry, and fishing activities recorded OMR 735.7 million, and service activities recorded OMR 13.57 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oman&#8217;s GDP recorded a 1.9% increase by the end of the third quarter of 2024.<\/p>\n","protected":false},"author":1,"featured_media":20375,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[76,116],"tags":[],"class_list":["post-20374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-posts-and-videos","category-trade-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/posts\/20374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/comments?post=20374"}],"version-history":[{"count":2,"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/posts\/20374\/revisions"}],"predecessor-version":[{"id":43770,"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/posts\/20374\/revisions\/43770"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/media\/20375"}],"wp:attachment":[{"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/media?parent=20374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/categories?post=20374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fm.gov.om\/en\/wp-json\/wp\/v2\/tags?post=20374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}