Oman’s Ministry of Economy revealed that the inflation rate in the Sultanate will remain stable at a moderate level — significantly lower than the actual economic growth achieved during the Tenth Five-Year Development Plan (2021–2025).
According to the ministry, average inflation in the consumer price index during the period 2021–2024 reached about 1.4 percent, while real GDP growth increased to around 3.4 percent — exceeding inflation and approaching the plan’s target average of 3.5 percent.
Forecasts indicate that the local economy will record real growth of about 2.9 percent in 2025, with an expected acceleration to around 3.7 percent in 2026.
