The gross domestic product at constant prices of the Sultanate of Oman at the end of the first quarter of 2024 (from January to March 2024) increased by 1.7% to reach (at market price) RO 9,537.0 million, compared to the end of the first quarter of 2023, during which the GDP at constant prices reached RO 9,373.9 million, according to preliminary data issued by the National Center for Statistics and Information.

There was a fall in Petroleum activities by 2.4% to RO 2,992.0 million by the end of the first quarter of 2024, compared to RO 3,067.0 million by the end of the first quarter of 2023. Crude petroleum activities recorded RO 2,554.9 million, and natural gas activities increased by 3% to RO 437.1 million.

Non-oil activities increased by 4.5% to RO 6,803.3 million by the end of the first quarter of 2024, compared to RO 6,511.7 million at the end of the first quarter of 2023.

The industrial activities recorded RO 1,988.1 million compared to RO 1,881.7 million by the end of the first quarter of 2023, while agriculture, forestry and fishing activities recorded RO 219 million, and service activities recorded RO 4,596.2 million.