Oman firms’ value added jumps 31.2%

MUSCAT: Value added by active private-sector enterprises in Oman rose 31.2 per cent year on year to RO 10,655.4 million in the second quarter of 2026, despite a decline in the number of operating businesses.
The figure increased from RO 8,124.0 million in the corresponding quarter of 2025, according to data from the National Centre for Statistics and Information.
The number of active private-sector enterprises fell 4.6 per cent to 269,714, down from 282,764 a year earlier.
Employment nevertheless increased, with the number of workers at active private-sector establishments rising 1.4 per cent to 1,827,518 from 1,802,972 in the second quarter of 2025.
The figures represent an increase of 24,546 workers and a decline of 13,050 enterprises over the year.
Oman’s gross domestic product at current prices rose 25.6 per cent to RO 12,868.9 million in the second quarter, compared with RO 10,249.7 million a year earlier.
Active private-sector enterprises accounted for approximately 82.8 per cent of GDP at current prices, up from 79.3 per cent in the corresponding quarter of 2025. — ONA