Oman is a small country located in the Middle East, and it has a strong and growing economy. According to the World Bank, Oman’s GDP in 2019 was $86.2 billion, a 4.2% increase from 2018. The country’s GDP per capita was $19,845, which is higher than the average for the Middle East and North Africa region. Oman’s economy is largely driven by oil and gas production, which accounted for around 70% of the country’s total exports in 2019. The government has also been investing in other sectors such as tourism, manufacturing, and financial services, which have helped to diversify the economy. The unemployment rate in Oman is low, at just 2.2%, and the inflation rate is also low, at 1.2%. The country has a strong banking sector, with a total of 18 commercial banks operating in the country. Oman also has a strong credit rating, with Moody’s rating the country at A1. Overall, Oman has a strong and growing economy, and it is well-positioned to continue to grow in the future.