ICV of active enterprises in Oman exceeds RO 9bn by 2Q of 2023
Published: 04:10 PM,Oct 01,2023 | EDITED : 08:10 PM,Oct 01,2023
ICV of active enterprises in Oman exceeds RO 9bn by 2Q of 2023
Muscat: The total in-country value (ICV) of active enterprises in the Sultanate of Oman during the second quarter of 2023 reached RO 9,090.7 million, according to the monthly bulletin issued by the National Centre for Statistics and Information (NCSI).
The contribution of active enterprises in the Gross Domestic Product (GDP) at current prices during the second quarter of 2023 reached 90.1% compared to 86.1% for the second quarter of 2022.
Further, the ICV of large enterprises reached RO 6,420.8 million, constituting 63.7%, down by 12.7% compared to the corresponding period in 2022.
Meanwhile, the ICV of medium enterprises reached RO 724,600,000, constituting 7.2%, going up by 10.1%. The ICV of small enterprises stood at RO 851,600,000, comprising 8.4% (up by 30.5%).
The total ICV of micro enterprises reached RO 1,093.7 million, comprising 10.8%, marking an increase of 36.8% compared to the corresponding period in 2022.
Moreover, the number of employees in active enterprises in Oman increased by 11.1% to reach 1,772,582 during the second quarter of 2023 compared to 1,595,925 employees during the second quarter of 2022.
The number of private enterprises reached 227,609 by the second quarter of 2023, up by 13.5% compared to the same period in 2022.
The contribution of active enterprises in the Gross Domestic Product (GDP) at current prices during the second quarter of 2023 reached 90.1% compared to 86.1% for the second quarter of 2022.
Further, the ICV of large enterprises reached RO 6,420.8 million, constituting 63.7%, down by 12.7% compared to the corresponding period in 2022.
Meanwhile, the ICV of medium enterprises reached RO 724,600,000, constituting 7.2%, going up by 10.1%. The ICV of small enterprises stood at RO 851,600,000, comprising 8.4% (up by 30.5%).
The total ICV of micro enterprises reached RO 1,093.7 million, comprising 10.8%, marking an increase of 36.8% compared to the corresponding period in 2022.
Moreover, the number of employees in active enterprises in Oman increased by 11.1% to reach 1,772,582 during the second quarter of 2023 compared to 1,595,925 employees during the second quarter of 2022.
The number of private enterprises reached 227,609 by the second quarter of 2023, up by 13.5% compared to the same period in 2022.