Oman’s economy expanded by 5.1 percent in real terms during the second quarter of 2026, supported primarily by increased oil sector activity, according to preliminary figures from the National Centre for Statistics and Information. The country’s gross domestic product at constant prices rose to approximately RO 9.9 billion, up from around RO 9.4 billion in the same period last year.

The oil sector experienced significant growth, with oil-related activities expanding by 14.7 percent to about RO 3.4 billion, compared to RO 3 billion in the second quarter of 2025. This sector was the main driver behind the overall economic improvement.

Non-oil activities also saw a modest increase of 0.7 percent, reaching approximately RO 7 billion, up from RO 6.8 billion a year earlier. Within this segment, agriculture and fisheries grew by 2.3 percent to RO 325 million, an increase from RO 317.8 million in the previous year’s quarter.

Conversely, industrial activities contracted by 1.5 percent to around RO 1.9 billion, decreasing from roughly RO 2 billion in the corresponding period of 2025. Meanwhile, the services sector showed a moderate growth of 1.5 percent, rising to approximately RO 4.6 billion from RO 4.5 billion during the same quarter last year.

The data highlight the continued reliance of Oman’s economy on the oil industry, while indicating gradual expansion in other key sectors.