{ "Introduction": { "Background": { "text": "
The inhabitants of the area of Oman have long prospered from Indian Ocean trade. In the late 18th century, the nascent sultanate in Muscat signed the first in a series of friendship treaties with Britain. Over time, Oman's dependence on British political and military advisors increased, although the sultanate never became a British colony. In 1970, QABOOS bin Said Al-Said overthrew his father, and has since ruled as sultan. Sultan QABOOS has no children and has not designated a successor publicly; the Basic Law of 1996 outlines Oman’s succession procedure. Sultan QABOOS’ extensive modernization program opened the country to the outside world, and the sultan has prioritized strategic ties with the UK and US. Oman's moderate, independent foreign policy has sought to maintain good relations with its neighbors and to avoid external entanglements.
Inspired by the popular uprisings that swept the Middle East and North Africa beginning in January 2011, some Omanis staged demonstrations, calling for more jobs and economic benefits and an end to corruption. In response to those protester demands, QABOOS in 2011 pledged to implement economic and political reforms, such as granting Oman’s bicameral legislative body more power and authorizing direct elections for its lower house, which took place in November 2011. Additionally, the Sultan increased unemployment benefits, and, in August 2012, issued a royal directive mandating the speedy implementation of a national job creation plan for thousands of public and private sector Omani jobs. As part of the government's efforts to decentralize authority and allow greater citizen participation in local governance, Oman successfully conducted its first municipal council elections in December 2012. Announced by the sultan in 2011, the municipal councils have the power to advise the Royal Court on the needs of local districts across Oman's 11 governorates. Sultan QABOOS, Oman's longest reigning monarch, died on 11 January 2020. His cousin, HAYTHAM bin Tariq bin Taimur Al-Said, former Minister of Heritage and Culture, was sworn in as Oman's new sultan the same day.
Oman is heavily dependent on oil and gas resources, which can generate between and 68% and 85% of government revenue, depending on fluctuations in commodity prices. In 2016, low global oil prices drove Oman’s budget deficit to $13.8 billion, or approximately 20% of GDP, but the budget deficit is estimated to have reduced to 12% of GDP in 2017 as Oman reduced government subsidies. As of January 2018, Oman has sufficient foreign assets to support its currency’s fixed exchange rates. It is issuing debt to cover its deficit.
Oman is using enhanced oil recovery techniques to boost production, but it has simultaneously pursued a development plan that focuses on diversification, industrialization, and privatization, with the objective of reducing the oil sector's contribution to GDP. The key components of the government's diversification strategy are tourism, shipping and logistics, mining, manufacturing, and aquaculture.
Muscat also has notably focused on creating more Omani jobs to employ the rising number of nationals entering the workforce. However, high social welfare benefits - that had increased in the wake of the 2011 Arab Spring - have made it impossible for the government to balance its budget in light of current oil prices. In response, Omani officials imposed austerity measures on its gasoline and diesel subsidies in 2016. These spending cuts have had only a moderate effect on the government’s budget, which is projected to again face a deficit of $7.8 billion in 2018.
" }, "Real GDP (purchasing power parity)": { "Real GDP (purchasing power parity) 2019": { "text": "$135.79 billion note: data are in 2017 dollars (2019 est.)" }, "Real GDP (purchasing power parity) 2018": { "text": "$136.92 billion note: data are in 2017 dollars (2018 est.)" }, "Real GDP (purchasing power parity) 2017": { "text": "$135.696 billion (2017 est.)" }, "note": "note: data are in 2017 dollars" }, "Real GDP growth rate": { "Real GDP growth rate 2017": { "text": "-0.9% (2017 est.)" }, "Real GDP growth rate 2016": { "text": "5% (2016 est.)" }, "Real GDP growth rate 2015": { "text": "4.7% (2015 est.)" } }, "Real GDP per capita": { "Real GDP per capita 2019": { "text": "$27,300 note: data are in 2017 dollars (2019 est.)" }, "Real GDP per capita 2018": { "text": "$28,400 note: data are in 2017 dollars (2018 est.)" }, "Real GDP per capita 2017": { "text": "$29,082 (2017 est.)" }, "note": "note: data are in 2017 dollars" }, "GDP (official exchange rate)": { "text": "$76.883 billion (2019 est.)" }, "Inflation rate (consumer prices)": { "Inflation rate (consumer prices) 2019": { "text": "0.1% (2019 est.)" }, "Inflation rate (consumer prices) 2018": { "text": "0.7% (2018 est.)" }, "Inflation rate (consumer prices) 2017": { "text": "1.7% (2017 est.)" } }, "Credit ratings": { "Fitch rating": { "text": "BB- (2020)" }, "Moody's rating": { "text": "Ba3 (2020)" }, "Standard & Poors rating": { "text": "B+ (2020)" } }, "GDP - composition, by sector of origin": { "agriculture": { "text": "1.8% (2017 est.)" }, "industry": { "text": "46.4% (2017 est.)" }, "services": { "text": "51.8% (2017 est.)" } }, "GDP - composition, by end use": { "household consumption": { "text": "36.8% (2017 est.)" }, "government consumption": { "text": "26.2% (2017 est.)" }, "investment in fixed capital": { "text": "27.8% (2017 est.)" }, "investment in inventories": { "text": "3% (2017 est.)" }, "exports of goods and services": { "text": "51.5% (2017 est.)" }, "imports of goods and services": { "text": "-46.6% (2017 est.)" } }, "Agricultural products": { "text": "dates, tomatoes, vegetables, goat milk, milk, cucumbers, green chillies/peppers, watermelons, sorghum, melons" }, "Industries": { "text": "crude oil production and refining, natural and liquefied natural gas production; construction, cement, copper, steel, chemicals, optic fiber" }, "Industrial production growth rate": { "text": "-3% (2017 est.)" }, "Labor force": { "text": "2.255 million (2016 est.)", "note": "note: about 60% of the labor force is non-national" }, "Labor force - by occupation": { "agriculture": { "text": "4.7% NA" }, "industry": { "text": "49.6% NA" }, "services": { "text": "45% NA (2016 est.)" } }, "Unemployment rate": { "text": "NA
" }, "Unemployment, youth ages 15-24": { "total": { "text": "13.7%" }, "male": { "text": "10.3%" }, "female": { "text": "33.9% (2016)" } }, "Population below poverty line": { "text": "NA" }, "Household income or consumption by percentage share": { "lowest 10%": { "text": "NA" }, "highest 10%": { "text": "NA" } }, "Budget": { "revenues": { "text": "22.14 billion (2017 est.)" }, "expenditures": { "text": "31.92 billion (2017 est.)" } }, "Budget surplus (+) or deficit (-)": { "text": "-13.8% (of GDP) (2017 est.)" }, "Public debt": { "Public debt 2017": { "text": "46.9% of GDP (2017 est.)" }, "Public debt 2016": { "text": "32.5% of GDP (2016 est.)" }, "note": "note: excludes indebtedness of state-owned enterprises" }, "Taxes and other revenues": { "text": "31.3% (of GDP) (2017 est.)" }, "Fiscal year": { "text": "calendar year" }, "Current account balance": { "Current account balance 2017": { "text": "-$10.76 billion (2017 est.)" }, "Current account balance 2016": { "text": "-$12.32 billion (2016 est.)" } }, "Exports": { "Exports 2019": { "text": "$43.69 billion note: data are in current year dollars (2019 est.)" }, "Exports 2018": { "text": "$46.32 billion note: data are in current year dollars (2018 est.)" } }, "Exports - partners": { "text": "China 46%, India 8%, Japan 6%, South Korea 6%, United Arab Emirates 6%, Saudi Arabia 5% (2019)" }, "Exports - commodities": { "text": "crude petroleum, natural gas, refined petroleum, iron products, fertilizers (2019)" }, "Imports": { "Imports 2019": { "text": "$32.55 billion note: data are in current year dollars (2019 est.)" }, "Imports 2018": { "text": "$35.37 billion note: data are in current year dollars (2018 est.)" } }, "Imports - partners": { "text": "United Arab Emirates 36%, China 10%, Japan 7%, India 7%, United States 5% (2019)" }, "Imports - commodities": { "text": "cars, refined petroleum, broadcasting equipment, gold, iron (2019)" }, "Reserves of foreign exchange and gold": { "Reserves of foreign exchange and gold 31 December 2017": { "text": "$16.09 billion (31 December 2017 est.)" }, "Reserves of foreign exchange and gold 31 December 2016": { "text": "$20.26 billion (31 December 2016 est.)" } }, "Debt - external": { "Debt - external 31 December 2017": { "text": "$46.27 billion (31 December 2017 est.)" }, "Debt - external 31 December 2016": { "text": "$27.05 billion (31 December 2016 est.)" } }, "Exchange rates": { "currency": { "text": "Omani rials (OMR) per US dollar -" }, "Exchange rates 2020": { "text": "0.38505 (2020 est.)" }, "Exchange rates 2019": { "text": "0.38505 (2019 est.)" }, "Exchange rates 2018": { "text": "0.385 (2018 est.)" }, "Exchange rates 2014": { "text": "0.3845 (2014 est.)" }, "Exchange rates 2013": { "text": "0.3845 (2013 est.)" } } }, "Energy": { "Electricity access": { "electrification - total population": { "text": "99% (2019)" }, "electrification - urban areas": { "text": "100% (2019)" }, "electrification - rural areas": { "text": "92% (2019)" } }, "Electricity - production": { "text": "32.16 billion kWh (2016 est.)" }, "Electricity - consumption": { "text": "28.92 billion kWh (2016 est.)" }, "Electricity - exports": { "text": "0 kWh (2016 est.)" }, "Electricity - imports": { "text": "0 kWh (2016 est.)" }, "Electricity - installed generating capacity": { "text": "8.167 million kW (2016 est.)" }, "Electricity - from fossil fuels": { "text": "100% of total installed capacity (2016 est.)" }, "Electricity - from nuclear fuels": { "text": "0% of total installed capacity (2017 est.)" }, "Electricity - from hydroelectric plants": { "text": "0% of total installed capacity (2017 est.)" }, "Electricity - from other renewable sources": { "text": "0% of total installed capacity (2017 est.)" }, "Crude oil - production": { "text": "979,000 bbl/day (2018 est.)" }, "Crude oil - exports": { "text": "844,100 bbl/day (2015 est.)" }, "Crude oil - imports": { "text": "0 bbl/day (2015 est.)" }, "Crude oil - proved reserves": { "text": "5.373 billion bbl (1 January 2018 est.)" }, "Refined petroleum products - production": { "text": "229,600 bbl/day (2015 est.)" }, "Refined petroleum products - consumption": { "text": "188,000 bbl/day (2016 est.)" }, "Refined petroleum products - exports": { "text": "33,700 bbl/day (2015 est.)" }, "Refined petroleum products - imports": { "text": "6,041 bbl/day (2015 est.)" }, "Natural gas - production": { "text": "31.23 billion cu m (2017 est.)" }, "Natural gas - consumption": { "text": "21.94 billion cu m (2017 est.)" }, "Natural gas - exports": { "text": "11.16 billion cu m (2017 est.)" }, "Natural gas - imports": { "text": "1.982 billion cu m (2017 est.)" }, "Natural gas - proved reserves": { "text": "651.3 billion cu m (1 January 2018 est.)" } }, "Communications": { "Telephones - fixed lines": { "total subscriptions": { "text": "594,550 (2020)" }, "subscriptions per 100 inhabitants": { "text": "12.68 (2020 est.)" } }, "Telephones - mobile cellular": { "total subscriptions": { "text": "6,276,535 (2020)" }, "subscriptions per 100 inhabitants": { "text": "133.9 (2020 est.)" } }, "Telecommunication systems": { "general assessment": { "text": "modern system consisting of open-wire, microwave, and radiotelephone communication stations; domestic satellite system; progressive mobile sector with both 3G and 4G LTE networks and readiness for 5G launch; competition among mobile operators; government program to improve fiber network; important communications hub in the Middle East, with access to numerous submarine cables enabling increased bandwidth; major importer of broadcasting equipment and computers from UAE (2020)" }, "domestic": { "text": "fixed-line nearly 13 per 100 and mobile-cellular nearly 134 per 100; fixed-line phone service gradually being introduced to remote villages using wireless local loop systems (2020)" }, "international": { "text": "country code - 968; landing points for GSA, AAE-1, SeaMeWe-5, Tata TGN-Gulf, FALCON, GBICS/MENA, MENA/Guld Bridge International, TW1, BBG, EIG, OMRAN/EPEG, and POI submarine cables providing connectivity to Asia, Africa, the Middle East, Southeast Asia and Europe; satellite earth stations - 2 Intelsat (Indian Ocean) (2019)" }, "note": "note: the COVID-19 pandemic continues to have a significant impact on production and supply chains globally; since 2020, some aspects of the telecom sector have experienced downturn, particularly in mobile device production; many network operators delayed upgrades to infrastructure; progress towards 5G implementation was postponed or slowed in some countries; consumer spending on telecom services and devices was affected by large-scale job losses and the consequent restriction on disposable incomes; the crucial nature of telecom services as a tool for work and school from home became evident, and received some support from governments" }, "Broadcast media": { "text": "1 state-run TV broadcaster; TV stations transmitting from Saudi Arabia, the UAE, Iran, and Yemen available via satellite TV; state-run radio operates multiple stations; first private radio station began operating in 2007 and several additional stations now operating (2019)" }, "Internet country code": { "text": ".om" }, "Internet users": { "total": { "text": "4.92 million (2021 est.)" }, "percent of population": { "text": "95.23% (2020 est.)" } }, "Broadband - fixed subscriptions": { "total": { "text": "508,949 (2020)" }, "subscriptions per 100 inhabitants": { "text": "10.85 (2020 est.)" } } }, "Transportation": { "National air transport system": { "number of registered air carriers": { "text": "2 (2020)" }, "inventory of registered aircraft operated by air carriers": { "text": "57" }, "annual passenger traffic on registered air carriers": { "text": "10,438,241 (2018)" }, "annual freight traffic on registered air carriers": { "text": "510.43 million mt-km (2018)" } }, "Civil aircraft registration country code prefix": { "text": "A4O" }, "Airports": { "total": { "text": "132 (2013)" } }, "Airports - with paved runways": { "total": { "text": "13" }, "over 3,047 m": { "text": "7" }, "2,438 to 3,047 m": { "text": "5" }, "914 to 1,523 m": { "text": "1 (2017)" } }, "Airports - with unpaved runways": { "total": { "text": "119" }, "over 3,047 m": { "text": "2" }, "2,438 to 3,047 m": { "text": "7" }, "1,524 to 2,437 m": { "text": "51" }, "914 to 1,523 m": { "text": "33" }, "under 914 m": { "text": "26 (2013)" } }, "Heliports": { "text": "3 (2013)" }, "Pipelines": { "text": "106 km condensate, 4224 km gas, 3558 km oil, 33 km oil/gas/water, 264 km refined products (2013)" }, "Roadways": { "total": { "text": "60,230 km (2012)" }, "paved": { "text": "29,685 km (includes 1,943 km of expressways) (2012)" }, "unpaved": { "text": "30,545 km (2012)" } }, "Merchant marine": { "total": { "text": "57" }, "by type": { "text": "general cargo 10, other 47 (2021)" } }, "Ports and terminals": { "major seaport(s)": { "text": "Mina' Qabus, Salalah, Suhar" }, "container port(s) (TEUs)": { "text": "Salalah (4,109,000) (2019)" }, "LNG terminal(s) (export)": { "text": "Qalhat" } } }, "Military and Security": { "Military and security forces": { "text": "Sultan's Armed Forces (SAF): Royal Army of Oman (RAO), Royal Navy of Oman (RNO), Royal Air Force of Oman (RAFO), Royal Guard of Oman (RGO); Royal Oman Police (ROP): Civil Defense, Immigration, Customs, Royal Oman Police Coast Guard (2021)" }, "Military expenditures": { "Military Expenditures 2020": { "text": "11% of GDP (2020 est.)" }, "Military Expenditures 2019": { "text": "11.8% of GDP (2019 est.)" }, "Military Expenditures 2018": { "text": "11.2% of GDP (2018 est.)" }, "Military Expenditures 2017": { "text": "12.3% of GDP (2017 est.)" }, "Military Expenditures 2016": { "text": "13.9% of GDP (2016 est.)" } }, "Military and security service personnel strengths": { "text": "approximately 40,000 total active troops (25,000 Army, 5,000 Navy; 5,000 Air Force; 5,000 Royal Guard) (2021)" }, "Military equipment inventories and acquisitions": { "text": "the SAF's inventory includes a mix of older and some more modern weapons systems from a variety of suppliers, particularly Europe and the US; since 2010, the UK and the US are the leading suppliers of arms to Oman (2021)" }, "Military service age and obligation": { "text": "18-30 years of age for voluntary military service (women have been allowed to serve since 2011); no conscription (2021)" }, "Military - note": { "text": "the Sultan’s Armed Forces (SAF) have a longstanding security relationship with the British military going back to the 18th century; as of 2021, the SAF and the British maintained a joint training base in Oman and exercised together regularly; in 2017, Oman and the British signed an agreement allowing the British military the use of facilities at Al Duqm Port; in 2019, the US obtained access to the port
" }, "Maritime threats": { "text": "the Maritime Administration of the US Department of Transportation has issued a Maritime Advisory (2021-003A Persian Gulf, Strait of Hormuz, Gulf of Oman, Arabian Sea, Red Sea-Threats to US and International Shipping from Iran) effective 26 February 2021, which states in part that \"heightened military activities and increased political tensions in this region continue to present risk to commercial shipping...there is a continued possibility that Iran and/or its regional proxies could take actions against US and partner interests in the region\"; Coalition Task Force (CTF) Sentinel has been established to provide escorts for commercial shipping transiting the Persian Gulf, Strait of Hormuz, and Gulf of Oman
" } }, "Transnational Issues": { "Disputes - international": { "text": "boundary agreement reportedly signed and ratified with UAE in 2003 for entire border, including Oman's Musandam Peninsula and Al Madhah exclave, but details of the alignment have not been made public
" }, "Refugees and internally displaced persons": { "refugees (country of origin)": { "text": "5,000 (Yemen) (2017)" } } } }