Non-oil sectors in Oman grow by 4.4% in Q1 2025

6 July 2025
According to the National Centre for Statistics and Information (NCSI), Oman’s GDP at constant prices rose by 2.5% in Q1 2025, reaching OMR 9.43 billion, driven mainly by the increase in value-added from non-oil activities.

Strong performance in non-oil sectors
The non-oil sector grew by 4.4%, reaching OMR 6.92 billion, compared to OMR 6.63 billion in the same period last year. Key sectoral highlights include:

  • Agriculture and fisheries: up 7.6% to OMR 273.6 million
  • Industrial activities: up 7% to OMR 2.03 billion
  • Services: up 3.2% to OMR 4.62 billion

Slight decline in oil activities
In contrast, oil sector activities declined by 0.4%, totaling OMR 2.92 billion.

  • Crude oil production: down 2.2% to OMR 2.45 billion
  • Natural gas: up 9.5% to OMR 475 million

Analytical Summary
The data reflects Oman’s continued progress toward economic diversification. The steady growth in non-oil sectors such as agriculture, industry, and services demonstrates the effectiveness of national policies aimed at reducing oil dependence and strengthening the country’s economic resilience.

alireza

من علیرضا هستم، علاقه‌مند به بازارهای مالی و فعال در نشر وب.

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