Oman's nominal GDP, which is measured at current market prices, grew 16.2 per cent in the first half of this year to RO15.2bn against RO13.08bn in the same period of 2011, according to the statistics released by the National Center for Statistics and Information (NCSI) on Tuesday.
The sultanate's budget surplus swelled to RO2.9bn in the first nine months of this year compared to RO906mn in the same period last year, statistics also showed.
Buoyed by higher oil prices and increased activity in the oil and gas sector, the sultanate's oil-based GDP rose 19.9 per cent to RO7.86bn in the first half compared to RO6.56bn in the same period last year, while total non-oil output expanded 12.6 per cent to RO8.18bn.
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