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Oman's GDP tops OMR9.6 billion in first quarter of 2026
๐Ÿ‡ด๐Ÿ‡ฒ Oman /Economy & Trade

Oman's GDP tops OMR9.6 billion in first quarter of 2026

From Times of Oman · () English

Summarized and contextualized by DistantNews.

At a glance

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  • Oman's Gross Domestic Product (GDP) saw a 2.6% increase in the first quarter of 2026 compared to the same period in 2025.
  • The GDP reached OMR9.6 billion at constant prices during this period.
  • The growth was driven by a 3.4% rise in non-oil activities, which contributed OMR7.1 billion to the total GDP.

The Sultanate of Oman experienced a notable economic expansion in the first quarter of 2026, with its Gross Domestic Product (GDP) growing by 2.6% at constant prices. This surge brought the total GDP to OMR9.6 billion, indicating a positive economic trajectory for the nation.

The driving force behind this growth appears to be the robust performance of Oman's non-oil sectors. These activities collectively expanded by 3.4%, contributing significantly to the overall economic output. Non-oil activities generated OMR7.1 billion, underscoring the diversification efforts within the Omani economy and their increasing importance.

While the specific details of which non-oil sectors led this expansion were not elaborated upon in the provided text, the overall increase highlights a successful period for the country's economic diversification strategy. The continued growth in these sectors suggests a resilient economy less dependent on fluctuations in global oil markets.

DistantNews Editorial

Originally published by Times of Oman. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.