VOL. XLIV

No 33

13-August-2001

OMAN

Oman Records 26.7% Rise In Nominal GDP In 2000

Higher oilprices coupled with prudent public policies led to a 26.7% rise in Omans GDPat market prices in 2000, compared to a 10.8% rise in 1999, according to the Annual Report of the Central Bank ofOman (CBO). The report notes that the rise in GDP was mainly attributable tothe 57.7% increase in the contribution of the petroleum sector to GDP. Thecontribution of the non-petroleum sector, which includes agriculture...