As per International Monetary Fund (IMF) Oman’s real gross
domestic product is expected to grow at a CAGR of 3.77% from it’s 2015 level
of was OMR 26.85
billion and reach OMR
34.791 billionby 2022.
Oman, officially called the Sultanate of Oman, is an Arab state in
southwest Asia on the southeast coast of the Arabian Peninsula. It has a
strategically important position at the mouth of the Persian Gulf. It is
bordered by the United Arab Emirates to the northwest, Saudi Arabia to the
west, and Yemen to the southwest and also shares marine borders with Iran and
Pakistan.
Oman
had estimated population of 3.957 million in the year 2016 and expected to
reach 4.769 million by 2022, which is expected to grow at a CAGR of 3.14%.
Oman’s
real gross domestic product (GDP) was around OMR 28.012 billions in 2016
whereas the nominal GDP was OMR 24.289 billions. This resulted in GDP deflator
86.709. Per capita GDP was estimated at USD 15963.98 whereas purchasing power
parity (PPP) based per capita GDP was estimated to be at USD 46697.96.
In
2016, Omani government’s revenue was OMR 7.657 billions whereas the expenditure
was OMR 12.65 billions. This resulted Omani government’s net lending /
borrowing negative at OMR 4.993 billion in 2016 indicating that enough
financial resources were not made available by the government to boost economic
growth.
The
current account balance for Oman was estimated to be negative at USD 9.783
billions for the year 2016 and is expected to decline at a CAGR of 8.02% and
reach USD 6.02 by 2022. This negative current account balance indicates the
Oman is a net borrower from the whole
world.
The newly launched market research reports featuring Oman’s
PESTEL analysis, SWOT analysis and Risk analysis are aimed at providing
insights about Oman economy and market.
Scope of the Oman PESTEL Analysis, SWOT Analysis and Risk
Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Oman.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Oman.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Oman.
- These reports provide risk analysis for Oman.
For more information
and to purchase Oman PESTEL Analysis
Market Research Report please visit: http://www.marketresearchreports.com/market-research-reports-inc/oman-pestel-analysis-market-research-report
For more information
and to purchase OmanSWOT Analysis Market
Research Report please visit: http://www.marketresearchreports.com/market-research-reports-inc/oman-swot-analysis-market-research-report
For more information
and to purchase OmanRisk Analysis Market
Research Report please visit: http://www.marketresearchreports.com/market-research-reports-inc/oman-risk-analysis-market-research-report
No comments:
Post a Comment