Economy of Oman

Imports

Imports commoditiesmachinery and transport equipment, manufactured goods, food, livestock, lubricants

Import partnersUAE 24.1%, Japan 12.5%, India 8.5%, China 6.3%, US 6.1% (2012)

Exports

Exports commoditiespetroleum, reexports, fish, metals, textiles

Export partnersChina 31.8%, Japan 12.9%, UAE 10.4%, South Korea 10%, Thailand 4.4%, Singapore 4.4% (2012)

Economy sectors

Agriculture productsdates, limes, bananas, alfalfa, vegetables; camels, cattle; fish

Industrial productscrude oil production and refining, natural and liquefied natural gas (LNG) production; construction, cement, copper, steel, chemicals, optic fiber

Economy

Unemployment8.10 % (2012)8.20 % (2011)8.30 % (2010)

GDP - Official Exchange Rate82.0 Billion $ (2013)77.2 Billion $ (2012)70.0 Billion $ (2011)

GDP growth rate5.10 % (2013)5.00 % (2012)5.40 % (2011)

GDP per Capita (PPP)29,800 $ (2013)28,800 $ (2012)28,000 $ (2011)

GDP - Purchasing Power Parity94.9 Billion $ (2013)89.1 Billion $ (2012)86.4 Billion $ (2011)

GDP PPP per land area306 Thousand $ per square kilometer (2013)288 Thousand $ per square kilometer (2012)279 Thousand $ per square kilometer (2011)

Electricity

Electricity - installed generating capacity4.27 Million kW

Banking

Central bank discount rate2.00 % (2010)0.05 % (2009)0.91 % (2008)

Commercial bank prime lending rate5.80 % (2013)5.65 % (2012)6.19 % (2011)

Commercial bank prime lending rate of Oman

GDP decomposition by sector

Agriculture % of GDP1.00 % (2013)1.00 % (2012)

Industry % of GDP64.4 % (2013)65.9 % (2012)

Services % of GDP34.6 % (2013)33.0 % (2012)

Tourism

International tourism, number of arrivals1.05 Million (2010)1.28 Million (2009)1.38 Million (2008)

International tourism, number of departures1.67 Million (2009)2.07 Million (2008)2.29 Million (2007)

International tourism, number of departures of Oman

Yearly Tourist arrivals to residents ratio37.4 % (2010)48.1 % (2009)53.1 % (2008)

Yearly Tourist arrivals to residents ratio of Oman

Debt, Current Account Balance and Budget Deficit

Public debt (Percentage of GDP)4.40 % of GDP (2013)4.30 % of GDP (2012)3.80 % of GDP (2011)

Budget surplus (+) or deficit (-)-0.30 % of GDP

Current Account Balance (Percentage of GDP)10.6 % of GDP (2012)14.7 % of GDP (2011)9.98 % of GDP (2010)

Current Account Balance (Percentage of GDP) of Oman

Current Account Balance (Total)7.25 Billion $ (2013)8.31 Billion $ (2012)10.7 Billion $ (2011)

External Debt (Total)10.8 Billion $ (2013)9.99 Billion $ (2012)9.03 Billion $ (2011)

External Debt (Percentage of GDP)13.2 % of GDP (2013)12.9 % of GDP (2012)12.9 % of GDP (2011)

External Debt (Percentage of GDP) of Oman

External Debt per Capita3,367 $ (2013)3,014 $ (2012)2,983 $ (2011)