Oman's GDP per capita expected to be $18,750 in 2020

Oman's Gross Domestic Product (GDP) of services sector is expected to grow to OMR13.816 billion by the first quarter of 2020 compared to OMR13.801 billion at the end of 2017, according The New York based Trading Economics.

The report expected the growth of the average GDP per capita in the Sultanate to $18,750 in 2020 compared to $14,814 in 2017. 

Trading Economics expected the GDP of the construction sector to grew to OMR2.555 billion in 2020 compared to OMR2.343 million in 2017.

It affirmed that the Sultanate's GDP of the agriculture sector is expected to hit OMR533 million in 2020 compared to OMR450 million in 2017.

The GDP of the public administration is expected to hit OMR5.127 billion in 2020 compared to OMR4.450 billion in 2017.

It pointed out that the Sultanate's GDP of the transport sector is expected to increase to OMR1.420 billion in 2020 compared to OMR1.381 billion in 2017.

It also added that the Sultanate's GDP of the public utilities sector is expected to hit OMR685 million in 2020 compared to OMR591 million in 2017.

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Source: Timesofoman