Oman Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $7.7 billion (1984), $6,300 per capita (est.)

Natural resources: oil, copper, asbestos, some marble limestone, chromium, gypsum

Agriculture: based on subsistence farming (fruits, dates, cereals, cattle, camels), fishing

Major industries: crude petroleum production in 1984, 415,000 b/d

Electric power: 950,900 kW rapacity (1985); 2.082 billion kWh produced

Exports- $4.5 billion (f.o.b., 1984), mostly petroleum; nonoil consist mostly of re-exports, processed copper, and some agricultural goods

Imports. $2.7 billion (c.i.f., 1984), machinery, transportation equipment, manufactured goods, food, livestock, lubricants

Major trade partners: exports—52% Japan, 30% Europe 8% US (1963); imports—21.3% Japan, 16.6% UK, 17.8% UAE, 7.6% US (1984)

Budget: (1984)revenues, $5.1 billion; expenditures, $6.1 billion

Monetary conversion rate: .3454 nal=US$l (October 1985)

Fiscal year calendar year

NOTE: The information regarding Oman on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Oman 1986 information contained here. All suggestions for corrections of any errors about Oman 1986 should be addressed to the CIA or the source cited on each page.