FINANCIAL NEWS

Oman’s GDP expands 3 percent in 2013

19 Mar 2014

(MENAFN) Preliminary estimates show that the Omani gross domestic product (GDP) expanded last year, Times of Oman reported.

The minister of commerce and industry said that the GDP expanded by 3 percent to USD80.1 billion in 2013.

Non-oil exports increased 6 percent to USD9.8 billion in the year, the minister said.

The value of re-exports soared 42 percent, increasing from USD6.4 billion in 2012 to USD9.1 billion in 2013.

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