Oman makes global history with first AI-powered household income and expenditure survey
Summarized by DistantNews. Read the original for the full story.
At a glance
- Oman has launched the results of what it describes as the worldโs first artificial intelligence-powered household income and expenditure survey.
- The National Centre for Statistics and Information says the project will improve the efficiency, accuracy and sustainability of official data collection.
- The data will support economic policymaking by tracking consumer spending, calculating Consumer Price Index weights and measuring inflation.
Oman has launched the results of an artificial intelligence-powered household income and expenditure survey in what it describes as a global first.
The project, led by the National Centre for Statistics and Information, replaces resource-intensive traditional data collection with AI technologies. The centre says the change will improve the efficiency, accuracy and sustainability of official national statistics while supporting the goals of Oman Vision 2040.
Speaking at a ceremony at the centreโs headquarters in Muscat, NCSI chief executive Dr. Khalifa bin Abdullah Al Barwani called the project a qualitative shift for Oman. He said it would save the time, effort and resources required by traditional methods.
The AI-generated data will provide integrated information on consumer spending patterns, establish the relative weights used to calculate the Consumer Price Index and improve the precision of inflation measurement. Al Barwani said the initiative, driven entirely by national talent, marks the beginning of a broader effort to apply AI in other statistical fields in Oman.
This is a qualitative shift for Oman.
Originally published by Times of Oman. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.