About Us Oman Fact Sheet

OMAN: Fact Sheet

1. GENERAL:
Area: 309,500 sq. km. (coastline 2,092 kms.)
Capital: Muscat
Main Cities: Muscat (capital), Nizwa, Sohar, Salalah, Sur, Buraimi

2. GOVERNMENT:
Founder: Imam Ahmed bin Said (1778)
Head of State and Head of Government:  His Majesty Sultan Haitham Bin Tarik (since January 2020)
Parliament: Bicameral. The parliament is composed of two Houses:  Majlis al-Shura (Lower House) and Majlis al-Dawla / State Council (Upper House)
Governorates and provinces: Oman has 11 provinces (muḥafaẓah) headed by a Governor and 61 provinces (wilayat)
National Day: 18 November
Judicial system: Mixed legal system of Anglo-Saxon law and Islamic law

3. POPULATION, RELIGION & LANGUAGE:
Population: 4.51 million (April 2021)
Omanis: 2.75 million (61.0%); Expatriates: 1.75 million (38.9%)
Density: 16 inhabitants per sq. km.
Religion: Ibadhi Muslim 75%, Others 25%
Language: Arabic

4. ECONOMY:
GDP: US$ 63.19 billion (2020)
GDP per capita: $14,216.6 (2020)
GDP growth rate: - 4.3 % (2020)
Unemployment rate: 2.8 % (March 2021) (4.94% for 2020 as per World Bank)
Proven crude oil reserve: 4.7 billion barrels (December 2020)
Natural Gas reserve: 23.69 trillion cubic feet (December 2020)
Budgetary Projections 2021:
Projected Expenditure: RO 10.8 billion
Revenue: RO 8.6 billion
WTO Membership: Joined on 09.11.2000

Leading Foreign Trading partners :
Import sources:  UAE, Germany, China, India, and Saudi Arabia
Export destinations: UAE, Saudi Arabia, USA, India and Qatar

5. MISCELLANEOUS:
Currency:  Rial Omani (R.O.) 1 = 1000 Baizas (R.O. 1 = U.S.$ 2.58 or R.O. 0.387 = US$ 1)
Calendar/ Public Holidays: Oman follows the Gregorian calendar. Fridays and Saturdays are official weekly holidays.

June 2021