State of the Economy

Published March 1st, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba
Economic Figures (in RO millions, unless otherwise indicated)
 

1598

1597

1596

GDP at current prices (OR bn)

5.46

6.08*

5.87

Total Government Revenue (OR bln)

1.85

2.27

1.99

Oil & Gas as % of Government Revenue

70.6

79.6

76.8

Total Government Expenditure (OR bn)

2.22

2.31

2.25

Current Account Balance (OR mn)

-1,134*

-22

131

Average Daily Production of Oil (1,000s of barrels)

899

904

885

Average Oil Price ($ per barrel)

11.92

18.62

15.42

Total Exports (OR bn)

2.15

2.93

2.82

Non-Oil Exports (OR bn)

0.15

0.20

0.17

Trade Balance (OR mn)

-152

938

1,004

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