Muscat: Oman's gross domestic product (GDP) at constant prices grew by 2.5% by the end of the first quarter of 2025, reaching OMT 9.43 billion at market prices. This represents an increase over the OMR 9. 20 billion recorded in the same period of 2024.
Preliminary data released by the National Centre for Statistics and Information credits this increase largely to a 4.4% gain in non-oil activities, which added 6.92 billion rials by the end of Q1 2025, compared to OMR 6.63 billion in the same quarter of the previous year.
According to the data, agricultural and fishing activities increased by 7.6%, contributing OMR 273.6 million to the GDP. Industrial activities increased by 7%, contributing OMR 2.03 billion, while services rose by 3.2%, contributing OMR 4. 62 billion.
On the other hand, oil-related operations saw a 0.4% decrease, reaching OMR 2.92 billion at the end of Q1 2025, down from OMR 2.94 billion in Q1 2024.
Crude oil production fell by 2.2%, resulting in an OMR 2.45 billion contribution. Meanwhile, natural gas operations saw considerable rise of 9.5%, adding OMR 475.3 million to the GDP.
