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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

GDP of service sector to hit RO 13.8 bn

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NEW YORK: The New York based Trading Economics expected the growth of the Sultanate’s GDP of services sector to touch RO 13.816 billion by the first quarter of 2020, compared to RO 13.801 billion at the end of 2017. At its index, which was published on its website, Trading Economics expected the GDP of the construction sector to grow to RO 2.555 billion in 2020 compared to RO 2.343 million in 2017. It affirmed that the Sultanate’s GDP of agriculture sector is expected to hit RO 533 million in 2020 compared to RO 450 million in 2017.


The GDP of the public administration is expected to hit RO 5.127 billion in 2020 compared to RO 4.450 billion in 2017. It pointed out that the Sultanate’s GDP of the transport sector is expected to increase to RO 1.420 billion in 2020 compared to RO 1.381 billion in 2017. The report also added that the Sultanate’s GDP of the public utilities sector is expected to hit RO 685 million in 2020 compared to RO 591 million in 2017. 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. — ONA


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