Oman is an Arab country located in the southeastern corner of the Arabian Peninsula. It has a population of 4.9 million people and a total area of 309,500 square kilometers. Its capital is Muscat and its official language is Arabic. Oman is an Islamic country with a majority Sunni Muslim population, while other religious minorities are also present. The country has a tropical climate with hot summers and mild winters, and its main natural resources include oil and natural gas. The economy of Oman is heavily reliant on the petroleum sector, which accounts for nearly 50% of GDP. Tourism is also a major industry in Oman, as it offers stunning beaches, mesmerizing deserts, majestic mountains, lush oases, and vibrant cities. See countries that begin with O.
Oman. According to CountryAAH, the total population in Oman is 5,106,637 people in 2020. Over 600 Pakistani guest workers without a residence permit were arrested during the summer in the capital Muskat and were dismissed to Pakistan in September.
|Gross domestic product (GDP)||190,100,000,000 USD|
|GDP growth rate||-0.90%|
|GDP per capita||$ 46,000|
|GDP by sector|
|Proportion of the population below the national poverty line||–|
|Distribution of household income|
|Top 10%||k. A.|
|Lower 10%||k. A.|
|Industrial production growth rate||1.50%|
|Investment volume||33.6% of GDP|
|National debt||46.90% of GDP|
|Foreign exchange reserves||$ 19,960,000,000|
|Number of visitors||1,519,000|
The accession to the throne, in 1970, of Sultan Sayyid Qābūs bin Sa‚īd marked the opening of a phase of greater dynamism on the international level and the start of a process of modernization of the Oman, Limited however by the consistent destination of resources for military spending aimed at repression of guerrillas (supported by the People’s Democratic Republic of Yemen) in the Ḍofār region. The victory of the Islamic revolution in Iran, a country which until then had openly sided in defense of the sultanate, led to a strengthening of collaboration with the Gulf countries and relations with the United States (1981), while the growing importance of the Oman as an oil producer it favored the development of diplomatic relations with various countries (with Peru, Turkey, Venezuela and above all with the USSR). According to abbreviationfinder, OM stands for Oman in text.
At the beginning of the nineties the Oman intensified its activity on the international level. At the regional level, relations with South Yemen recorded an improvement, which continued even after Yemeni unification in 1990 and resulted in the signing of a border demarcation agreement in 1992, completed in June 1995 and followed in July by same year, from the one with Saudi Arabia. See handbagpicks.com for Oman basic information.
The end of the war between Iraq and Iran (1988) then allowed for a rapprochement between Tehran and Masqaṭ: the formation, in March 1989, of a joint economic cooperation committee was followed, in September 1992, by an agreement to increase cooperation. economic and, in November 1998, that to inaugurate military cooperation. Siding in favor of the anti-Iraqi coalition during the Gulf War (January-February 1991), in the aftermath of the conflict the Oman continued to work for greater integration between the countries of the Gulf Cooperation Council, especially on the military level.
Internally, Sultan Qābūs continued to have absolute power and to govern with the help of the Council of Ministers of his appointment. A first partial modernization of the political structure, aimed at broadening the basis of the regime’s consensus, was initiated in 1992 when the Advisory Council was established, whose members were chosen by the sultan from a shortlist of candidates elected by a small electoral body. According to the new Statute promulgated by decree by Sultan Qābūs in November 1996, it was joined in December 1997 a Council of State, also devoid of decision-making power, whose exponents were appointed directly by the sultan. At the same time, measures were taken to achieve a diversification of the country’s economic structure, based exclusively on oil and natural gas. At the beginning of 1996 the government launched a five-year plan which, among other things, envisaged, by the year 2000, a large state intervention aimed at strengthening primary and vocational education, with the aim of providing for the training of local skilled workers and reduce dependence on foreign work.