Muscat – The added value of active private enterprises during the first quarter of 2023 amounted to RO8,941.1mn, constituting a growth of 11.4% compared to the corresponding period in 2022, according to the data issued by the National Centre for Statistics and Information (NCSI).

The contribution of active enterprises, which stands at 221,346, to the gross domestic product (GDP) at current prices fell to 77.2% during the first quarter of 2023 compared to 82.6% during the first quarter of 2022, the NCSI reported.

The added value of large enterprises amounted to RO6,261.8mn – comprising a rise by 3.7% compared to the corresponding period in the previous year.

Further, the value of medium enterprises amounted to RO731.5mn (6.3%), comprising an increase by 18.5%, while the value of small enterprises reached RO863.6mn (7.5%), constituting a 36.6% rise.
The added value of micro enterprises reached RO1,084.1mn (9.4%), going up by 47.1%.

The NCSI data also reported 14.2% increase in number of workers in active private enterprises in Oman, which now stands at 1,749,974 till the first quarter of 2023 compared to 1,532,227 during the same period in 2022.