CCBLA - Arab-Belgium-Luxemburg Chamber of Commerce - ABLCC

Country name : Sultanate of Oman

Capital : Muscat

Area : 212,460 sq.km

Population : 3,204,897 (July 2007)

Density : 15 inhabitants/sq.km

Population growth rate : 3.23% (2007)

Age structure : 0-14 years : 42.7% - 15-64 years : 54.6% - 65 years and over : 2.7%

Life expectancy at birth : 73.62 years

Labour force : 920,000

Gross Domestic Product : US$61.21 billion (2007)

GDP – real growth rate : 5.3% (2007)

GDP – composition by sector : agriculture : 2.2% - industry : 38.3% - services : 59.5%

GDP – per capita : US$19,100 (2007)

Budget : revenues : US$13.82 billion - expenditures : US$13.67 billion (2007)

Industries : crude oil production and refining, natural and liquefied gas, construction, cement, copper, steel, chemicals, optic fiber

Industrial growth rate : 3.2% (2007)

Land use : arable land : 0.12% - permanent crops : 0.14% - other : 99.74%

Agricultural products : dates, limes, bananas, alfalfa, vegetables, fish

Exports : US$22.68 billion (2007)

Exports – commodities : petroleum, gas, reexports, fish, metals, textiles

Exports – partners : China (23.6%), South Korea (17.9%), Japan (10.9%), Thailand (10.7%), South Africa (7.7%), UAE (6.3%) (2006)

Imports : US$11 billion (2007)

Imports – commodities : machinery and transport equipment, manufactured goods, food, livestock, lubricants

Imports – partners : UAE (22.4%), Japan (16.5%), US (8.1%), Germany (5.4%), India (4.3%) (2006)

Current account balance : US$3.785 billion (2007)

Reserves of foreign exchange & gold : US$7.004 billion (31 December 2007)

External debt : US$3.483 billion (31 December 2007)