Oman Country Snapshot


EIU

Oman - Economist Intelligence Unit - The Economist

DOMESTIC POLITICS: The long-established structures of political power are expected to remain stable over the forecast period. The sultan is believed to command wide popular support, shored up by the loyalty of the security services and the strength of traditional social structures. The government is appointed by the sultan, who is also the prime minister, defence minister, finance minister and foreign affairs minister. A government reshuffle in late 2007 had little effect on policy, and any future reshuffle would be expected to have a similarly limited impact. The biggest political risk in 2010-11 is likely to be uncertainty over who will succeed the long-serving sultan.

Country Forecast Overview (3 Year)
Key Indicators 2008 2009 2010
Real GDP Growth (%) 1.30 -.80 .10
Consumer Price Inflation (av;%) 12.52 5.30 3.00
Budget Balance (% of GDP) 1.30 .70 1.70
Current-Account Balance (% of GDP) 10.20 1.10 4.50
Exchange Rate US$:Euro (av) .38 .38 .38
Exchange Rate US$:Euro(year-end) .38 .39 .39

Oman GDP PPP & GDP Growth Rates
2004 - 2008
Oman GDP Growth Rate Chart

Year GDP in Billions of USD PPP % GDP Growth
2004 46.83 2.10
2005 51.18 1.83
2006 56.79 4.62
2007 61.82 -0.50
2008 67.17 1.30
Source: EIU Country Data

Oman: risk assessment
Risk October 2009
Sovereign Risk A
Currency risk BBB
Banking sector risk BBB
Political risk BBB
Economic structure risk A
Featured Economic Reports
Largest Public Companies in Oman
Alacra Alerts:  Oman RSS Feed  Subscribe with My Yahoo! Receive alerts on the latest reports on Oman
Subscribe to Alacra Alerts via RSS and never miss the latest research on your favorite companies. Just click the images below to add the feed directly to your favorite newsreader.
Premium Content Results:

Search for more premium content on Oman