Domestic Demand in Oman
The economy of Oman recorded an average growth rate of 2.7% in the decade leading to 2021. However, in 2021, domestic demand growth was -2.8%.
Oman Demand Chart
Note: This chart displays Domestic Demand (ann. var. %) for Oman from 2023 to 2022.
Source: Macrobond.
Oman Demand Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Domestic Demand (ann. var. %) | -3.9 | 1.0 | -2.2 | 7.1 | 0.9 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Omani demand projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable demand forecast available for Omani demand.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Omani demand projections.
Want to get access to the full dataset of Omani demand forecasts? Send an email to info@focus-economics.com.