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Country Report Oman April 2011
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HTMLOutlook for 2011-12: Forecast summary
| Forecast summary | ||||
| (% unless otherwise indicated) | ||||
| 2009a | 2010b | 2011c | 2012c | |
| Real GDP growth | 1.1 | 4.5 | 4.7 | 5.0 |
| Oil production ('000 b/d) | 813 | 865a | 890 | 900 |
| Crude oil exports (US$ m) | 13,939 | 19,597 | 25,860 | 22,267 |
| Consumer price inflation (av) | 3.5 | 3.4 | 4.4 | 3.9 |
| Lending rate | 7.4 | 7.2 | 7.3 | 7.4 |
| Official net budget balance (% of GDP)d | -3.8 | 1.4 | 2.1 | 0.7 |
| Unofficial gross budget balance (% of GDP)e | -2.9 | 9.6 | 16.3 | 8.3 |
| Exports of goods fob (US$ bn) | 27.7 | 35.2 | 43.4 | 42.5 |
| Imports of goods fob (US$ bn) | 16.1 | 19.3 | 23.0 | 24.8 |
| Current-account balance (US$ bn) | -0.3 | 2.0 | 4.8 | 2.5 |
| Current-account balance (% of GDP) | -0.6 | 3.5 | 7.7 | 3.8 |
| External debt (year-end; US$ bn) | 7.2b | 8.2 | 9.3 | 9.8 |
| Exchange rate OR:US$ (av) | 0.385 | 0.385a | 0.385 | 0.385 |
| Exchange rate OR:€ (av) | 0.536 | 0.510a | 0.503 | 0.481 |
| Exchange rate OR:¥100 (av) | 0.410 | 0.438a | 0.472 | 0.475 |
| Exchange rate OR:SDR (av) | 0.595 | 0.589a | 0.596 | 0.587 |
| a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. d Excludes State General Reserve Fund operations. e Includes State General Reserve Fund operations. | ||||
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