The commercial industrial gases market in Oman is estimated to have generated revenues of $71 million in 2016. This is an increase from $19 million in 2006, indicating an average annual growth rate of 16.6% p.a.
Between 2006-2016, GDP in Oman grew by an average of 4.6% p.a. or 5.4% when adjusted for inflation. The economy has experienced good growth in this period and has not suffered any recessions, and was unaffected by the 2008-09 financial crisis.