Oman’s economy has been bustling, with its gross domestic product hitting a cool 10.53 billion Omani Rials in the first quarter of 2025. This impressive surge, a 4.7 percent jump from the previous year, signals a vibrant financial landscape largely driven by non-oil activities.

Non-Oil Sectors Steered The Growth

Preliminary data from the National Centre for Statistics and Information revealed that this impressive GDP boost was primarily powered by non-oil activities. These vital sectors experienced a robust 4.1 percent increase, reaching 7.13 billion Omani Rials by the end of the first quarter of this year.

Gas Sector Ignited The Surge

While crude oil activity saw a slight 7.5 percent dip, the natural gas sector emerged as an absolute powerhouse. It skyrocketed by a remarkable eighty-nine percent, injecting an additional 970.8 million Omani Rials into the national output. This incredible growth demonstrated the sector’s significant contribution.

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Oil Activities Also Played A Part

Despite the dip in crude oil, the broader oil-related activities still made a significant impact on the economy. These contributions collectively saw an overall increase of 6.8 percent in value-added contributions, reaching 3.71 billion Omani Rials by the end of the first quarter of 2025. This sustained performance highlights the sector’s ongoing importance.

Diverse Industries Contributed Significantly

Looking beyond oil and gas, various other sectors also pitched in to Oman’s economic success. Agriculture and fishing activities grew by 11.1 percent, while industrial activities increased by 2.8 percent. The service sector also expanded by 4.2 percent, adding substantial value to the nation’s overall economic health.