The Sultanate of Oman's Gross Domestic Product (GDP) at constant prices ,recorded a 2.5% growth by the end of the first quarter (Q1) of 2025, reaching OMR 9,430.1 billion (at market prices), compared to OMR 9,201.8 billion during the same period in 2024, according to preliminary data issued by the National Centre for Statistics and Information (NCSI).
This growth is mainly attributed to a 4.4% increase in the value added of non-oil activities, which reached OMR 6,922.2 billion by the end of Q1,2025, up from OMR 6,629.2 billion in the corresponding quarter of 2024.
At the level of economic activities, the agriculture and fisheries recorded a growth of 7.6%, reaching OMR 273.6 million, while the industrial activities rose by 7%, contributing by OMR 2,031.3 billion to the GDP, whereas the service activities grew by 3.2%, with a total contribution of OMR 4,617.3 billion.
Conversely, the oil-related activities recorded a slight decline of 0.4%, dropping to OMR 2,923.4 billion by the end of Q1 2025, compared to OMR 2,936.2 billion in Q1 2024.
Meanwhile, the crude oil production in the Sultanate of Oman fell by 2.2% to OMR 2,448.1 billion, while natural gas activities saw a significant increase of 9.5%, reaching OMR 475.3 million.