About Us Oman Fact Sheet




Official Name

Sultanate of Oman




309,500 Sq Km

Weather (in ºC)

Temperature during summer may exceed 50 ºC. The average monthly maximum temperature in the capital Muscat varies between 40 °C in June and 25 °C in January.


4.62 Million (March 2022)

Forest Cover (% of total area)

Negligible (0.006 %)

CO2 Emissions

87,835,773 tons in 2016

Tourist Arrivals

0.652 million (2021)

Age Profile

0-14 years: 30.15% (male 561,791/female 533,949)
15-24 years: 17.35% (male 331,000/female 299,516)
25-54 years: 44.81% (male 928,812/female 699,821)
55-64 years: 4.02% (male 77,558/female 68,427)
65 years and over: 3.68%  (male 64,152/female 69,663) (2020 est.)

Life Expectancy

76.3 years

Languages (with %age of speakers, if available)

Arabic (official), English, Baluchi, Swahili, Urdu, Indian dialects

Ethnic Groups

Arab, Baluchi, South Asian (Indian, Pakistani, Sri Lankan, Bangladeshi), African

Main Religions (with %, if available)

Muslim 85.9%, Christian 6.5%, Hindu 5.5%, Buddhist 0.8%, Other 1%

Internet Penetration


Mobile Phones

5.86 Million subscribers


86.3% of total population (2020)



Omani Rial (OMR)

Exchange rate with US$

2.6  USD

Exchange rate with INR

195.58 (March 2022)


US$ 73.97 billion (WB, 2020)

GDP Growth (annual%)

 -3.2 % (WB, 2020)

Major Sectors (%of GDP,
(Source :  NCSI, Oman)

Petroleum Activities – 32%
Construction – 7%
Wholesale & Retail Trade – 9%
Public Administration & Defence – 11%
Other Activities – 41%

Unemployment Rate (%)

3.1% (2021, WB)

Inflation. Consumer prices (annual%)

1.5 % (2020, WB)

GDP per Capita

14,485.4 USD (2020, WB)

Total Trade ( Goods & Services)

74.60 USD Billion  (2020, OEC World)

Exports (Goods & Services)

35.60 USD Billion  (2020, OEC World)

Imports (Goods & Services)

39.00 USD Billion  (2020, OEC World)

Balance of Trade

3.40 USD Billion  (2020, OEC World)


Political Structure

Absolute Monarchy headed by Sultan

Head of State (President)

His Majesty Sultan Haitham Bin Tarik
Sultan of Oman is the Head of State

Head of Government (Prime Minister)

His Majesty Sultan Haitham Bin Tarik
Sultan of Oman is the Head of Government

Minister of Foreign Affairs

H.E. Sayyid Badr bin Hamad bin Hamood Albusaidi
Foreign Minister

Political Issues

1. Economic diversification.
2. Employment for youth.
3. Concerns related to regional security and ongoing war in Yemen.


Bilateral Trade

US$ 9.988 billion (2021-2022) (DoC, India)

Indian Exports

US$ 3.148 billion      (DoC, India)

Imports into India

US$ 6.840 billion      (DoC, India)

Major items of Export and Import

Export from India
Mineral fuels, machinery & mechanical appliances, electrical machinery & equipment, ships & boats, iron & steel products, synthetic fiber & yarn, textile and apparels, cereals, plastic products, ceramic products etc.
Import to India
Petroleum, petrochemical products, fertilizers, cement, aircraft parts, ships & boats etc.

Indian Investments in the country

  • Indian firms have invested in Oman in various sectors like iron and steel, cement, fertilizers, textile, cables, chemicals, automotive, etc.  


  • In Sohar,  Indian investment are in projects from Larsen & Toubro, Jindal Shadeed Iron & Steel, Indsil Ferrochrome, Metkore Alloys & Industries etc.
  • In Salalah, Indian investments are in manufacturing projects like TVS Chennai’s Dunes Oman LLC (automotive), GC Textile Corporation & Division (textile), Oswal Group’s Saltic FZCO (Chemicals), Hind Aluminum (Cables), Kailash Group’s guar processing unit, Nagarjuna Fertilizer plant etc.


  • In the Duqm Special Economic, Zone, there is also a significant Indian presence, including Sebacic Oman’s $ 1.2 billion project for the largest sebacic acid plant in the Middle-East.

Oman's Investment in India

  • Oman-India Joint Investment Fund (OIJIF), a  JV between SBI, India and State General Reserve Fund (SGRF) of Oman, set up in July 2010 as SPV to invest in India
  • OIJIF Tranche-II is focusing on four sectors- industrial, consumer, financial services and health care.
  • OIJIF commenced its operations in 2011 with initial seed capital of $100  million which was  fully invested across seven Indian companies from diversified sectors. OIJIF has raised another $220 million for its Tranche -II and is being invested in India.

Indian Origin / PRs/ Indian Students

As per the latest data provided by Oman Government there are 1,426 PIOs / 550 Indian students in Oman.

Indian diaspora
(composition and any pertinent information that may be of interest)

Indian diaspora is the second largest diaspora in Oman after Bangladesh. Approximately 6.2 lakh Indian-origin community members live in Oman. The majority of them are blue collar workers (both unskilled and semi-skilled). A small percentage comprises of professionals like doctors, engineers, chartered accountants, teachers, managers, businessmen etc. At the end of February 2022, there were 4,90,114 Indian workers in Oman.

Indian Organizations

OMIFCO, LIC, Bank of Baroda, State Bank of India, New India Assurance Co, BEL, TCIL, Wipro, EIL, Jindal Shadeed Iron & Steel, L&T etc.

05 July  2022