HomeWorldOman GDP growth rate up 44% due to non-oil sectors

Oman GDP growth rate up 44% due to non-oil sectors

Oman’s GDP increased by 44% in 2008. (Getty Images)A 44 percent GDP growth rate increase in Oman in 2008, was led by development of the country’s non-oil sectors, Economy Minister Ahmed bin Abdulnabi announced .

The minister, speaking at a meeting with the Brunei Darussalam Economy Development Council, added that GDP for Oman’s non-oil sectors rose by 32.6 percent, from $16.7bn in 2007 to $22.2bn in 2008, the ONA reported.

Macki attributed the growth to the development of modern industries, such as the production of petrochemicals, fertilizer and aluminium, in the Sultanate.

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