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Romania Manufacturing Production

Manufacturing Production in Romania decreased 3.10 percent in February of 2020 over the same month in the previous year. Manufacturing Production in Romania averaged 4.15 percent from 2001 until 2020, reaching an all time high of 21.70 percent in March of 2007 and a record low of -17.80 percent in January of 2009. This page provides - Romania Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Construction Output

Construction output in Romania increased 47.80 percent in January of 2020 over the same month in the previous year. Construction Output in Romania averaged 5.58 percent from 2001 until 2020, reaching an all time high of 53.80 percent in May of 2008 and a record low of -27.10 percent in February of 2010. The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering. This page provides - Romania Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Gold Reserves

Gold Reserves in Romania remained unchanged at 103.65 Tonnes in the fourth quarter of 2019 from 103.65 Tonnes in the third quarter of 2019. Gold Reserves in Romania averaged 104.18 Tonnes from 2000 until 2019, reaching an all time high of 105.32 Tonnes in the fourth quarter of 2002 and a record low of 103.65 Tonnes in the third quarter of 2019. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Romania Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania GDP From Wholesale and Retail Trade Transportation Accommodation Food Service

GDP From Services in Romania increased to 13141.90 RON Million in the fourth quarter of 2019 from 12815.70 RON Million in the third quarter of 2019. GDP From Services in Romania averaged 6708.95 RON Million from 1995 until 2019, reaching an all time high of 13141.90 RON Million in the fourth quarter of 2019 and a record low of 3420.40 RON Million in the first quarter of 1995. This page provides - Romania Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Personal Income Tax Rate

The Personal Income Tax Rate in Romania stands at 10 percent. Personal Income Tax Rate in Romania averaged 24.85 percent from 1995 until 2020, reaching an all time high of 48 percent in 1998 and a record low of 10 percent in 2018. In Romania, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. Revenues from the Personal Income Tax Rate are an important source of income for the government of Romania. Romania applies flat income tax rate of 16 percent since 2005. This page provides - Romania Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Harmonised Consumer Prices

Harmonised Consumer Prices in Romania decreased to 110.05 points in February from 110.09 points in January of 2020. Harmonised Consumer Prices in Romania averaged 67.93 points from 1996 until 2020, reaching an all time high of 110.09 points in January of 2020 and a record low of 2.71 points in January of 1996. The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term. This page provides - Romania Harmonised Consumer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Cash Reserve Ratio

Cash Reserve Ratio in Romania remained unchanged at 6 percent in March from 6 percent in February of 2020. Cash Reserve Ratio in Romania averaged 22.30 percent from 1995 until 2020, reaching an all time high of 40 percent in December of 1995 and a record low of 6 percent in February of 2020. In Romania, cash reserve ratio refers to minimum reserve requirements ratio on foreign exchange-denominated liabilities of credit institutions and its major role is to contain the expansion of foreign exchange loans. This page provides - Romania Cash Reserve Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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France Exports to Romania

Exports to Romania in France decreased to 338 EUR Million in March from 382 EUR Million in February of 2020. Exports to Romania in France averaged 321.72 EUR Million from 2014 until 2020, reaching an all time high of 382 EUR Million in January of 2018 and a record low of 266 EUR Million in May of 2015. This page includes a chart with historical data for France Exports to Romania.




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Romania Part Time Employment

Part Time Employment in Romania decreased to 498.10 Thousand in the fourth quarter of 2019 from 504.20 Thousand in the third quarter of 2019. Part Time Employment in Romania averaged 824.29 Thousand from 1998 until 2019, reaching an all time high of 1458.10 Thousand in the third quarter of 2000 and a record low of 495.80 Thousand in the fourth quarter of 2018. This page provides - Romania Part Time Employment- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania GDP From Construction

GDP From Construction in Romania decreased to 2485.30 RON Million in the fourth quarter of 2019 from 2531.40 RON Million in the third quarter of 2019. GDP From Construction in Romania averaged 1827.78 RON Million from 1995 until 2019, reaching an all time high of 3600 RON Million in the second quarter of 2008 and a record low of 962.70 RON Million in the second quarter of 1997. This page provides - Romania Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania GDP From Industrial Production

GDP From Manufacturing in Romania increased to 10037.10 RON Million in the fourth quarter of 2019 from 9980.40 RON Million in the third quarter of 2019. GDP From Manufacturing in Romania averaged 7231.52 RON Million from 1995 until 2019, reaching an all time high of 10302.30 RON Million in the fourth quarter of 2018 and a record low of 4776.90 RON Million in the third quarter of 1999. This page provides - Romania Gdp From Industrial Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania GDP From Public Administration

GDP From Public Administration in Romania increased to 1764.30 RON Million in the fourth quarter of 2019 from 1743.10 RON Million in the third quarter of 2019. GDP From Public Administration in Romania averaged 1678.63 RON Million from 1995 until 2019, reaching an all time high of 2020.50 RON Million in the first quarter of 2010 and a record low of 1280.50 RON Million in the fourth quarter of 2007. This page provides - Romania Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania GDP per capita PPP

The Gross Domestic Product per capita in Romania was last recorded at 24543.99 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Romania, when adjusted by Purchasing Power Parity is equivalent to 138 percent of the world's average. GDP per capita PPP in Romania averaged 14784.80 USD from 1990 until 2018, reaching an all time high of 24543.99 USD in 2018 and a record low of 9255.82 USD in 1992. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides the latest reported value for - Romania GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Romania Consumer Credit

Consumer Credit in Romania increased to 49574.56 RON Million in March from 49460.03 RON Million in February of 2020. Consumer Credit in Romania averaged 32539.87 RON Million from 2007 until 2020, reaching an all time high of 49574.56 RON Million in March of 2020 and a record low of 21939.40 RON Million in December of 2014. This page provides - Romania Consumer Credit - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania GDP Growth Rate

The Gross Domestic Product (GDP) in Romania expanded 1.50 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Romania averaged 0.77 percent from 1995 until 2019, reaching an all time high of 6.10 percent in the first quarter of 1996 and a record low of -7.10 percent in the first quarter of 2009. Romania is an upper-middle income economy and has been part of the European Union since 2007. The main industries in Romania are: electric machinery and equipment, textiles and footwear, light machinery and auto assembly, software, mining, timber, construction materials, metallurgy, chemicals, food processing and petroleum refining. On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (14 percent). Exports of goods and services account for 41 percent of GDP and imports account for 41 percent. This page provides - Romania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Residential Building Permits

Building Permits in Romania increased to 3224 in March from 3100 in February of 2020. Building Permits in Romania averaged 3672.37 from 2005 until 2020, reaching an all time high of 6291 in May of 2008 and a record low of 1429 in January of 2016. This page provides - Romania Building Permits- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Consumer Confidence

Consumer Confidence in Romania decreased to -26.10 points in April from -11.10 points in March of 2020. Consumer Confidence in Romania averaged -16.90 points from 2001 until 2020, reaching an all time high of -1.20 points in March of 2017 and a record low of -52.60 points in June of 2010. In Romania, the Consumer ESI measures consumer confidence on a scale of -100 to 100, where -100 indicate extreme lack of confidence, 0 neutrality and 100 extreme confidence. This page provides - Romania Consumer Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Producer Prices

Producer Prices in Romania decreased to 111.30 points in March from 112.80 points in February of 2020. Producer Prices in Romania averaged 85.85 points from 2000 until 2020, reaching an all time high of 113.80 points in January of 2020 and a record low of 33.30 points in January of 2000. In Romania, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for - Romania Producer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Romania Productivity

Productivity in Romania increased to 121.60 points in the fourth quarter of 2019 from 120.30 points in the third quarter of 2019. Productivity in Romania averaged 73.89 points from 1995 until 2019, reaching an all time high of 121.60 points in the fourth quarter of 2019 and a record low of 40.50 points in the fourth quarter of 1995. This page provides - Romania Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Population

The total population in Romania was estimated at 19.4 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Romania had a population of 18.3 million people. The population of Romania represents 0.31 percent of the world´s total population which arguably means that one person in every 326 people on the planet is a resident of Romania. This page provides - Romania Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Ease Of Doing Business

Romania is ranked 55 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Romania deteriorated to 55 in 2019 from 52 in 2018. Ease Of Doing Business in Romania averaged 43.33 from 2014 until 2019, reaching an all time high of 55 in 2019 and a record low of 35 in 2015. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page provides - Romania Ease Of Doing Business- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Asylum Applications

Asylum Applications in Romania increased to 370 persons in November from 225 persons in October of 2019. Asylum Applications in Romania averaged 175.33 persons from 2011 until 2019, reaching an all time high of 750 persons in August of 2017 and a record low of 45 persons in January of 2011. Asylum Application in this page refers to first time asylum applicants. Data is supplied to Trading Economics by the Eurostat, National Ministries of Interior and other official agencies.




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Romania Consumer Spending

Consumer Spending in Romania increased to 44323.70 RON Million in the fourth quarter of 2019 from 41667.60 RON Million in the third quarter of 2019. Consumer Spending in Romania averaged 24387.18 RON Million from 1995 until 2019, reaching an all time high of 44323.70 RON Million in the fourth quarter of 2019 and a record low of 12271.40 RON Million in the first quarter of 1995. This page provides - Romania Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Government Spending

Government Spending in Romania increased to 3212.80 RON Million in the fourth quarter of 2019 from 2555.40 RON Million in the third quarter of 2019. Government Spending in Romania averaged 1804.85 RON Million from 1995 until 2019, reaching an all time high of 3385.10 RON Million in the second quarter of 1995 and a record low of 528.80 RON Million in the third quarter of 1995. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Romania Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Foreign Tourist Arrivals

Tourist Arrivals in Romania decreased to 176455 persons in November from 238792 persons in October of 2019. Tourist Arrivals in Romania averaged 175638.23 persons from 2010 until 2019, reaching an all time high of 337836 persons in August of 2017 and a record low of 66422 persons in January of 2010. In Romania, the arrival of a foreign tourist in an establishment of tourists’ reception with functions of tourists’ accommodation is registered when a person signs in the register of the respective establishment for one night or several nights’ accommodation. In each establishment of tourists’ reception with functions of tourists’ accommodation, regardless of the number of overnight stays, the continuous stay of a tourist counts as one arrival. This page provides - Romania Foreign Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Stock Market (BET)

The BET decreased 1540 points or 15.53% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Romania. Historically, the Romania Stock Market (BET) reached an all time high of 10857.71 in July of 2007. The Bucharest Exchange Trading Index BET 10 is a major stock market index which tracks the performance of 10 most liquid stocks listed on the Bucharest Exchange in Romania. It is a capitalization weighted index. BET 10 has a base value of 1000 as of September 22, 1997.




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Oman Stock Market (MSM 30)

The MSM TOP 30 decreased 515 points or 12.88% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Oman. Historically, the Oman Stock Market (MSM 30) reached an all time high of 12164.54 in June of 2008. The MSM 30 Index is a major stock market index which tracks the performance of 30 most profitable companies traded in the Muscat Securities Market. It is a capitalization-weighted index. The MSM 30 Index has a base value of OMR1000 as of June 1, 1990.




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Romania Living Wage Individual

Living Wage Individual in Romania decreased to 1300 RON/Month in 2018 from 1330 RON/Month in 2017. Living Wage Individual in Romania averaged 1290 RON/Month from 2015 until 2018, reaching an all time high of 1330 RON/Month in 2017 and a record low of 1250 RON/Month in 2015. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.




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Romania Retirement Age - Men

Retirement Age Men in Romania remained unchanged at 65 in 2018 from 65 in 2017. Retirement Age Men in Romania averaged 64.25 from 2006 until 2018, reaching an all time high of 65 in 2015 and a record low of 62.92 in 2006. In Romania, from 2008, the retirement age for men has been rising three months per year until it reaches 65 in 2015. This page provides - Romania Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Labor Force Participation Rate

Labor Force Participation Rate in Romania decreased to 55.10 percent in the fourth quarter of 2019 from 55.80 percent in the third quarter of 2019. Labor Force Participation Rate in Romania averaged 56.98 percent from 1996 until 2019, reaching an all time high of 67.80 percent in the third quarter of 1996 and a record low of 52.70 percent in the first quarter of 2016. This page provides - Romania Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania GDP From Agriculture

GDP From Agriculture in Romania increased to 3033.50 RON Million in the fourth quarter of 2019 from 2971.40 RON Million in the third quarter of 2019. GDP From Agriculture in Romania averaged 2669.06 RON Million from 1995 until 2019, reaching an all time high of 3378.90 RON Million in the third quarter of 2004 and a record low of 1849.10 RON Million in the first quarter of 2012. This page provides - Romania Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Romania Foreign Exchange Reserves

Foreign Exchange Reserves in Romania decreased to 38417.40 EUR Million in April from 39005.50 EUR Million in March of 2020. Foreign Exchange Reserves in Romania averaged 25773.92 EUR Million from 2000 until 2020, reaching an all time high of 40752.20 EUR Million in February of 2020 and a record low of 2598.50 EUR Million in February of 2000. In Romania, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides the latest reported value for - Romania Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Romania Retirement Age - Women

Retirement Age Women in Romania increased to 60.92 in 2018 from 60.67 in 2017. Retirement Age Women in Romania averaged 59.42 from 2006 until 2018, reaching an all time high of 60.92 in 2018 and a record low of 57.92 in 2006. In Romania, from 2007, the retirement age for women is rising three months per year until it reaches 65 in 2030. This page provides - Romania Retirement Age Women - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Oman IP Addresses

IP Addresses in Oman increased to 210079 IP in the first quarter of 2017 from 205027 IP in the fourth quarter of 2016. IP Addresses in Oman averaged 213593.54 IP from 2007 until 2017, reaching an all time high of 643363 IP in the fourth quarter of 2012 and a record low of 33555 IP in the third quarter of 2007. This page includes a chart with historical data for OmanIP Addresses.




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Oman Average Precipitation

Precipitation in Oman decreased to 1.29 mm in December from 8.86 mm in November of 2015. Precipitation in Oman averaged 8.01 mm from 1901 until 2015, reaching an all time high of 82.67 mm in August of 1970 and a record low of 0.03 mm in December of 1966. This page includes a chart with historical data for Oman Average Precipitation.




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Oman Average Temperature

Temperature in Oman decreased to 22.17 celsius in December from 25.42 celsius in November of 2015. Temperature in Oman averaged 26.90 celsius from 1843 until 2015, reaching an all time high of 35.10 celsius in July of 2009 and a record low of 17.56 celsius in January of 1911. This page includes a chart with historical data for Oman Average Temperature.




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Oman Consumer Confidence

Consumer Confidence in Oman increased to 78.80 in the fourth quarter of 2016 from 78 in the third quarter of 2016. Consumer Confidence in Oman averaged 106.07 from 2014 until 2016, reaching an all time high of 162 in the first quarter of 2014 and a record low of 70.10 in the second quarter of 2016. The NCSI consumer confidence survey is one of the key indicators of economic sentiment and consumer confidence that aims to measure the satisfaction of Omani citizen on various economic conditions, including employment opportunities, planned investments, state of economic policy and the cost of living, among others. The general index of consumer confidence is an average of three sub-indices including current economic conditions index, family income level index, and consumer expectations index. It is measured between the ranges of zero to 200. "Zero" reflects pessimism and a complete lack satisfaction, while the value of "200" indicates optimism and the complete satisfaction of a consumer, while the value of 100 reflects neutrality on the question asked. This page provides - Oman Consumer Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Oman Minimum Wages

Minimum Wages in Oman remained unchanged at 400 OMR/month in 2018 from 400 OMR/month in 2017. Minimum Wages in Oman averaged 350 OMR/month from 2013 until 2018, reaching an all time high of 400 OMR/month in 2017 and a record low of 325 OMR/month in 2014. This page provides - Oman Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Oman Car Registrations

Car Registrations in Oman decreased to 4526 in January from 7591 in December of 2018. Car Registrations in Oman averaged 8977.91 from 2012 until 2019, reaching an all time high of 14717 in September of 2012 and a record low of 542 in January of 2018. This page provides - Oman Car Registrations- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Oman Military Expenditure

Military Expenditure in Oman decreased to 6611 USD Million in 2018 from 6803 USD Million in 2017. Military Expenditure in Oman averaged 3211.10 USD Million from 1971 until 2018, reaching an all time high of 9706 USD Million in 2012 and a record low of 353 USD Million in 1971.




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Oman Sales Tax Rate

The Sales Tax Rate in Oman stands at 0 percent. This page provides - Oman Sales Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Oman GDP per capita

The Gross Domestic Product per capita in Oman was last recorded at 15663.90 US dollars in 2018. The GDP per Capita in Oman is equivalent to 124 percent of the world's average. GDP per capita in Oman averaged 12907.62 USD from 1960 until 2018, reaching an all time high of 19454.20 USD in 2009 and a record low of 713.70 USD in 1961. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Oman GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Oman GDP per capita PPP

The Gross Domestic Product per capita in Oman was last recorded at 36830.90 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Oman, when adjusted by Purchasing Power Parity is equivalent to 207 percent of the world's average. GDP per capita PPP in Oman averaged 40795.26 USD from 1990 until 2018, reaching an all time high of 45743.20 USD in 2009 and a record low of 35042.10 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Oman GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Oman Government Budget

Oman recorded a Government Budget deficit equal to 9 percent of the country's Gross Domestic Product in 2018. Government Budget in Oman averaged -3.86 percent from 2003 until 2018, reaching an all time high of 2.60 percent in 2005 and a record low of -20.60 percent in 2016. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Oman Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Oman Gold Reserves

Gold Reserves in Oman remained unchanged at 0.02 Tonnes in the second quarter of 2019 from 0.02 Tonnes in the first quarter of 2019. Gold Reserves in Oman averaged 1.06 Tonnes from 2000 until 2019, reaching an all time high of 9.05 Tonnes in the second quarter of 2000 and a record low of 0.02 Tonnes in the second quarter of 2002. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Oman Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Oman Current Account to GDP

Oman recorded a Current Account deficit of 5.50 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Oman averaged 1.98 percent from 1980 until 2018, reaching an all time high of 17.84 percent in 1981 and a record low of -22.47 percent in 1998. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Oman Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Oman Competitiveness Index

Oman scored 63.61 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Oman averaged 19.14 Points from 2008 until 2019, reaching an all time high of 64.40 Points in 2018 and a record low of 4.25 Points in 2016. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Oman Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Oman Competitiveness Rank

Oman is the 53 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Oman averaged 43.42 from 2008 until 2019, reaching an all time high of 62 in 2016 and a record low of 32 in 2012. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Oman Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Oman Changes in Inventories

The stocks of goods held by firms in Oman decreased by 25.60 OMR Million in 2018. Changes in Inventories in Oman averaged 35.56 OMR Million from 1998 until 2018, reaching an all time high of 1372.20 OMR Million in 2008 and a record low of -1886.20 OMR Million in 2014. In Oman, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Oman Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Oman Current Account

Oman recorded a Current Account deficit of 1671 OMR Million in 2018. Current Account in Oman averaged 276.78 OMR Million from 1996 until 2018, reaching an all time high of 3403 OMR Million in 2011 and a record low of -4737 OMR Million in 2016. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Oman Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.