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 (muḥäâfaẓah) 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: 4.49 million (August 2020)
Omanis: 2.72 million (60.5%); Expatriates: 1.77 million (39.5%)
Density: 14.9 inhabitants per sq. km.
Religion: Ibadhi Muslim 75%, Others 25%
Language: Arabic
4. ECONOMY:
GDP: US$ 76.3 billion (2019)
GDP per capita: $16,522 (2019)
GDP growth rate: -0.8 % (2019)
Unemployment rate: 2.4 % ( June 2018 )
Proven crude oil reserve: 4.84 billion barrels (December 2019)
Natural Gas reserve: 23.8 trillion cubic feet (December 2019)
Budgetary Projections 2020:
Projected Expenditure: RO 13.2 billion
Revenue: RO 10.7 billion
WTO Membership: Joined on 09.11.2000
Leading Foreign Trading partners :
Import sources: UAE, China, India, USA, Italy, Japan, South Korea and Thailand
Export destinations: UAE, Saudi Arabia, Qatar, India, China, US, Japan
5. MISCELLANEOUS:
Currency: Rial Omani (R.O.) 1 = 1000 Baizas. (R.O. 1 = U.S.$ 2.58 or R.O. 0.387 = US$ 1)
Calendar/ Public Holidays: Oman follows the Gregorian calendar. Fridays and Saturdays are official weekly holidays.
September 2020
