Sunday, June 10, 2012

Boom in oil prices is a boon for Oman's GDP

The Omani economy benefited from the boom in oil prices, with the Gross Domestic Product (GDP) registering a rise of 22.7 percent at the current prices in 2011. The Sultanate’s GDP rose to RO 27 billion (RO 27,945.4 million) at the end of 2011, compared to RO 22,773 million as at the end of 2010.

The GDP in oil activities grew by 36.3 percent in 2011
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Source: http://www.albawaba.com/business/oman-economy-gdp-428682

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