Sunday 05 / July / 2026
Muscat: The Gross Domestic Product (GDP) of the Sultanate of Oman at constant prices recorded a 2.6% increase during the first quarter of 2026, reaching OMR9,685.4 million, compared to OMR 9,442.1 million in the corresponding quarter of 2025.
Preliminary data released by the National Centre for Statistics and Information (NCSI) indicate that petroleum-related activities achieved a 4.6% growth in Q1 2026, totalling OMR3,035.3 million, against OMR2,902.1 million recorded during the same period in 2025.
This growth is attributed to the robust performance of oil and gas activities. The value added from crude oil activities rose by 4.3%, reaching OMR2,554.1 million, compared to OMR2,448.2 million in Q1 2025.
Meanwhile, natural gas activities recorded a 6.0% increase, with their value-added climbing to OMR481.2 million, up from OMR453.9 million in the corresponding period of 2025.
As for non-petroleum activities, they registered a 2.4% increase during Q1 2026, reaching OMR7,039.4 million, compared to OMR6,877.0 million in the same period of 2025.
The data further revealed that agriculture and fishing activities grew by 6.1%, amounting to OMR337.8 million, versus OMR318.3 million in Q1 2025.
In contrast, industrial activities declined by 1.2%, totaling OMR1,979.7 million, compared to OMR2,004.5 million in the corresponding quarter of the previous year.
Service activities, however, posted a 3.7% rise, reaching OMR4,721.8 million, compared to OMR4,554.2 million in Q1 2025.
