National Accounts

Description

This Data set highlights the most important indicators of national accounts, notably gross domestic product (GDP), production account, commodities and services account, domestic and national savings, and gross fixed capital formation. The Sultanate applied the new system of National Accounts (SNA) approved by the United Nations Bureau of Statistics and the United Nations Economic and Social Council in 2008. The new system adopted 2018 as a new base year for (SNA) in Oman instead of 2010. In addition to implementing the new international standards, the National Center for Statistics and Information has implemented the International Standard Industrial Classification for all economic activities, the fourth revision and the second version of the classification of products. The system has been applied in the Sultanate to prepare a series of national accounts for the period 2010-2020 to calculate production accounts and calculate income generation according to international recommendations.

Note: All quarterly data are end-of-quarter data

* To browse the first version of the National Accounts Database, which is based on the base year 2010