:Definition
It is the gross value of the goods and services , produced inside the country (Gross Production), minus raw materials and the other goods and services consumed during the process of production (Intermediate Consumption) within a specified period usually one year and is equal to the (value added for all resident producers.) the GDP also equals the gross Final Expenditure ( the Final Private Consumption, Gross Capital Formation, Government Final Consumption and exports of goods and services) minus imports of goods and services.
:Methodology
GDP = total production - intermediate consumption.
:Periodicity
Quarterly & Yearly.
:Unit of Measurement
Billion Rial Omani
:Source
Administrative records for each of: the Royal Oman Police, the Ministry of Oil and Gas, Oman Oil Company refineries and petroleum industries, Oman LNG.