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Country Report Oman January 2011
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HTMLOutlook for 2011-12: Forecast summary
| Forecast summary | ||||
| (% unless otherwise indicated) | ||||
| 2009a | 2010b | 2011c | 2012c | |
| Real GDP growth | 3.0b | 4.1 | 4.3 | 4.7 |
| Oil production ('000 b/d) | 813 | 870 | 890 | 900 |
| Crude oil exports (US$ m) | 13,939 | 19,841 | 20,741 | 20,456 |
| Consumer price inflation (av) | 3.5 | 4.0 | 4.5 | 4.1 |
| Lending rate | 7.4 | 7.1 | 7.3 | 7.4 |
| Official net budget balance (% of GDP)d | -3.8 | 1.6 | 0.4 | 0.9 |
| Unofficial gross budget balance (% of GDP)e | -3.0 | 10.5 | 10.0 | 8.1 |
| Exports of goods fob (US$ bn) | 27.7 | 35.4 | 38.3 | 40.7 |
| Imports of goods fob (US$ bn) | 16.1 | 19.3 | 20.7 | 22.5 |
| Current-account balance (US$ bn) | -0.3 | 1.7 | 2.6 | 2.5 |
| Current-account balance (% of GDP) | -0.6 | 3.0 | 4.2 | 3.7 |
| External debt (year-end; US$ bn) | 6.9b | 7.9 | 8.4 | 8.8 |
| Exchange rate OR:US$ (av) | 0.385 | 0.385a | 0.385 | 0.385 |
| Exchange rate OR:€ (av) | 0.536 | 0.509a | 0.481 | 0.461 |
| Exchange rate OR:¥100 (av) | 0.410 | 0.437a | 0.467 | 0.467 |
| Exchange rate OR:SDR (av) | 0.595 | 0.589a | 0.583 | 0.574 |
| a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. d Excludes State General Reserve Fund (SGRF) operations. e Includes SGRF operations. | ||||
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