Monday 28 / April / 2025
Muscat: The total value addition by the institutions operating in the Sultanate of Oman for the third quarter of 2023 amounted to OMR8.86 billion, according to the statistics of the monthly bulletin issued by the National Centre for Statistics and Information (NCSI).
Statistics indicated that the contribution of these institutions paved an important role to the gross domestic product (GDP) at current prices amounting to 80.4 percent in the third quarter of 2023 compared to 81.6 percent for the third quarter of 2022.
The NCSI data further showed that the added value of large institutions recorded OMR6.44 billion, representing 54.8 percent, a decrease of 17.5 percent compared to the same quarter in 2022, while the added value of medium enterprises amounted to OMR742 million, representing 6.7 percent, an increase of 4.1 percent.
The added value of small enterprises amounted to OMR903.90 million, an increase of 23.6 percent, and the total value added of small enterprises amounted to OMR1.17 billion, representing an increase of 37.8 percent.
The number of workers in private institutions actually operating in the Sultanate of Oman increased by 8.5 percent to 1.79 million workers during the third quarter of 2023 compared to 1.65 workers during the third quarter of 2022, while the number of institutions reached 232,632 institutions, with and increase of 10 percent in 2023 compared to the same period in 2022.
