MUSCAT: The Gross Home Product (GDP) of the Sultanate of Oman at present costs amounted to roughly RO 10,293.200 million via the top of the primary quarter of 2026, in comparison to RO 10,500.700 million all through the similar duration in 2025, registering a decline of two consistent with cent, consistent with Initial knowledge launched via the Nationwide Centre for Statistics and Data (NCSI).
The consequences additional printed that oil-related actions recorded a downturn of eleven.7 consistent with cent, with their worth attaining RO 3,228.800 million, in comparison to RO 3,656.100 million within the first quarter of 2025.
This decline is resulting from a 12.6 consistent with cent lower within the worth of crude oil process, which amounted to RO 2,406.900 million, towards RO 2,753.700 million all through the corresponding duration of the former 12 months.
In a similar way, the worth of herbal gasoline process fell via 8.9 consistent with cent, attaining RO 821,900,000, in comparison to RO 902,300,000.
Conversely, non-oil actions recorded a enlargement fee of five.9 consistent with cent, with their worth expanding from RO 7,044.700 million within the first quarter of 2025 to RO 7,462.600 million within the first quarter of 2026.
The agriculture and fishing sector witnessed a enlargement of four.7 consistent with cent, attaining RO 359,100,000, in comparison to RO 343 million. In the meantime, business actions skilled a marginal decline of 0.1 %, totalling RO 1,957 million, towards RO 1,959.400 million all through the similar duration of the previous 12 months.
Provider actions endured to reveal powerful enlargement, increasing via 8.5 consistent with cent to succeed in RO 5,146.600 million, in comparison to RO 4,742.300 million within the first quarter of 2025. This enlargement was once underpinned via the growth recorded throughout a number of financial actions, maximum particularly monetary intermediation and insurance coverage, which surged via 25.4 consistent with cent; different services and products, which grew via 10.7 consistent with cent; knowledge and communications actions, which rose via 8.3 consistent with cent; {and professional}, clinical, technical, and administrative services and products, which larger via 8.2 consistent with cent. — ONA
