Oman FlagOman

Build With Silver And Cover With Gold.

 

General


Population: 3,219,775 (2014), 3,154,134 (2013)
Land Area: 212,460 sq km
Natural Resources: Petroleum, copper, asbestos, marble, limestone, chromium, gypsum, natural gas
Capital: Muscat
Political System: Monarchy
State Leader: Qaboos Bin Said Al-Said (July 23rd 1970)
Languages: Arabic, English, Baluchi, Urdu, Indian dialects
Currency: Omani Rial (OMR)
Major Religions: Ibadhi Muslim 75%, Other 25%
Major Ethnicities: Arab, Baluchi, South Asian, African
Life Expectancy: 74.97 years (2014), 74.72 years (2013)

Economy


GDP Official Exchange Rate: 81.95 billion (2013), 76.46 billion (2012)
GDP Purchasing Power Parity: 94.86 billion (2013), 91.54 billion (2012)
GDP Per Capita (PPP): 29,800 (2013), 29,600 (2012)
GDP Growth Rate: 5.1% (2013), 5% (2012)
GDP Structure: Agriculture 1%, Industry 64.4%, Services 34.6% (2013)
Labour Force By Occupation: NA
Industries: Crude oil production and refining, natural and liquefied natural gas, construction, cement, copper, steel, chemicals, optic fibers
Agriculture Products: Dates, limes, bananas, alfalfa
Human Development Index: 0.783 56th)(2014), 0.731 (84th)(2013)
Tourism Revenue: 708 million (2004)
Unemployment Rate: 15% (2004)

MilitaryOman Map


Army Size: 41 700 (2004)
Budget: 11.4% of GDP (2005)

Current Situation

 

Oman is located in the Middle East. Oman bordered by Saudi Arabia, the United Arab Emirates and Yemen. Oman's economy is largely based around oil. However the government has put in place projects and plans in order to diversify the economy and develop jobs in other sectors, notably in the mining sector.

(2014) Oman's economy continues to grow at a steady rate, however the government is making efforts to diversify and reduce the dependence the economy has for oil.

Thoughts & Comments

 

Sources

CIA World Factbook: Oman
Wikipedia: Oman
http://hdrstats.undp.org/en/countries/profiles/OMN.html

Updated on: November 18th, 2014