Oman’s GDP surges 5.1% in Q2

Oman's real gross domestic product (GDP) experienced a significant surge of 5.1 percent in the second quarter of 2026, reaching approximately OMR 9.9 billion, up from around OMR 9.4 billion in the same period last year. According to preliminary data from the National Centre for Statistics and Information, petroleum activities played a major role in the growth, increasing 14.7 percent to approximately OMR 3.4 billion, compared to OMR 3 billion in the same quarter a year ago.

Non-petroleum sectors also contributed to the quarter's growth, with an increase of 0.7 percent, bringing the total to approximately OMR 7.0 billion, up from around OMR 6.8 billion in the corresponding quarter of the previous year. Agriculture and fishing activities grew by 2.3 percent, reaching OMR 325 million, compared to OMR 317.8 million in the same period last year.

However, industrial activities contracted by 1.5 percent, falling to approximately OMR 1.9 billion, down from OMR 2.0 billion in the previous year's quarter. On the services side, activities expanded by 1.5 percent, reaching approximately OMR 4.6 billion, up from around OMR 4.5 billion in the same quarter of the preceding year.