Definition:
An index that measures the value, which the manufacturing industry, as an economic activity, adds to the country economy
Methodology:
The added value to the manufacturing industries index is computed from the total added values to the manufacturing industry sub-activities, and such as follows:
1. The refined petroleum products industry: The added value is estimated based on the analysis of Omani Company for Refineries and Petro-chemicals budget.
2. The other manufacturing industries: The results of the economic surveys conducted by NCSI, as well as the annual industrial survey conducted by the Ministry of Commerce & Industry, are used in the estimations of this activity
3. The Chemical materials and products industry: The added value is estimated based on the analysis of the budgets of companies operating in this field.
Periodicity:
Quarterly, Yearly
Unit of Measurement:
Billion Rials Omani
Source:
National Center for Statistics and Information