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Oman Economic Growth Forecast
Oman's economy continued to achieve strong growth in 2025, with real GDP increasing by 2.4%, supported by solid performances in both the oil and non-oil sectors. Non-oil growth reached 3.1%, while the agriculture and fisheries sector grew by 10.2%. The budget maintained its fiscal balance, and the public debt ratio decreased to 34.6% of GDP. Meanwhile, the current account recorded a modest deficit of 1.2% due to falling oil prices. The Central Bank expects growth to accelerate to 4% in 2026, with inflation remaining at 2.6%. Anticipations also point to fiscal and external surpluses, alongside continued reforms to strengthen economic diversification.
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