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Oman Economy
GDP:
purchasing power parity - $36.7 billion (2003 est.)
GDP - real growth rate:
1.1% (2003 est.)
GDP - per capita:
purchasing power parity - $13,100 (2003 est.)
GDP - composition by sector:
agriculture: 3.1%
industry: 42.1%
services: 54.8% (2003 est.)
Investment (gross fixed):
13% of GDP (2003)
Population below poverty line:
NA
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
-0.3% (2003 est.)
Labor force:
920,000 (2002 est.)
Labor force - by occupation:
agriculture NA, industry NA, services NA
Unemployment rate:
NA
Budget:
revenues: $8.218 billion
expenditures: $7.766 billion, including capital expenditures of NA (2003 est.)
Public debt:
15.6% of GDP (2003)
Industries:
crude oil production and refining, natural gas production, construction, cement, copper
Industrial production growth rate:
0.2% (2003 est.)
Electricity - production:
9.274 billion kWh (2001)
Electricity - production by source:
fossil fuel: 100%
hydro: 0%
other: 0% (2001)
nuclear: 0%
Electricity - consumption:
8.625 billion kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
963,800 bbl/day (2001 est.)
Oil - consumption:
53,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Oil - proved reserves:
5.703 billion bbl (1 January 2002)
Natural gas - production:
13.77 billion cu m (2001 est.)
Natural gas - consumption:
6.34 billion cu m (2001 est.)
Natural gas - exports:
7.43 billion cu m (2001 est.)
Natural gas - imports:
0 cu m (2001 est.)
Natural gas - proved reserves:
846.4 billion cu m (1 January 2002)
Agriculture - products:
dates, limes, bananas, alfalfa, vegetables; camels, cattle; fish
Current account balance:
$2.173 billion (2003)
Exports:
$11.7 billion f.o.b. (2003 est.)
Exports - commodities:
petroleum, reexports, fish, metals, textiles
Exports - partners:
Japan 22.4%, South Korea 20.5%, China 17.7%, Thailand 12.6%, US 6.7%, Taiwan 5.6% (2003 est.)
Imports:
$5.659 billion f.o.b. (2003 est.)
Imports - commodities:
machinery and transport equipment, manufactured goods, food, livestock, lubricants
Imports - partners:
UAE 27.4%, Japan 16.8%, UK 7.5%, US 5.6%, Germany 4.5% (2003 est.)
Reserves of foreign exchange & gold:
$3.594 billion (2003)
Debt - external:
$5.973 billion (2003 est.)
Economic aid - recipient:
$76.4 million (1995)
Currency code:
OMR
Fiscal year:
calendar year
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