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Economic

Oman’s non-oil GDP hits RO 28.7 billion in 2025

Oman’s non‑oil GDP reached RO 28.7 billion in 2025, underscoring the Sultanate’s continued economic diversification and steady end‑of‑year growth despite softer oil performance.

At the close of 2025, Oman’s economy recorded steady gains, with non‑oil sectors acting as the main driver of growth. Non‑oil GDP reached approximately RO 28.7 billion, reinforcing the country’s diversification strategy under Oman Vision 2040. The expansion reflects broad‑based performance in services, manufacturing, logistics, and tourism, even as oil‑related revenues softened. This trend highlights reduced dependence on hydrocarbons and growing resilience in the wider economy, although it also raises near‑term sensitivity to external demand and global energy price volatility.
Status
active
Location
Muscat, Oman
Date added
2026-04-01 09:02 UTC
Added by
dinaasiaapdrmis
Last updated
2026-04-01 09:02 UTC
Source
https://www.omanobserver.om/morearticles/business/economy
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