Talk:Economy of Oman

Economics Mid‑importance

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Oman Top‑importance

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SOmething wrong with percentages in first paragraph, I do not understand them. 1370% growth in the 70`s???? that is imposible, if we divide by 10 (a decade) the average growth was 137% (more or less) a year!!! that is impossible!!

I can't comment on the actual percentages, but I have worked in Oman for the past 4 years, so I can tell you this much: If you want to think of Oman just 45 years years ago, think of 13-century Europe. Walled cities, curfews, almost no education system at all (and, where it existed, was for males only), and only the very elite enjoying the wealth of the country's oil. Locals left Oman to go live in relatively "richer" countries like Tanzania. (I am not kidding on this, and this is not a joke).

The new Sultan is not perfect, but he changed a tremendous amount, and the country took off. (I think he would like to change more, but changing an entire nation takes a lot longer than 45 years).

There is still much to do, but they currently have free state primary and secondary education, several universities, highways that Europeans would be jealous of, virtually free health at govt hospitals. Oman doesn't have the large phallic buildings that exist in other Gulf states, but my view is that the money has been more wisely spent.

Maybe those figures are inflated, but, if they turned out to be true, I would not be surprised. Kmasters0 (talk) 07:10, 2 January 2014 (UTC)[reply]

GDP is PPP (Adjusted)

The Source is the CIA World Factbook which I like to use too, but all these figures are price adjusted, there is only 1 figure in the GDP "oficial change rate" or so, this is for Oman... let me take a look:

GDP (purchasing power parity): $94.86 billion (2013 est.) country comparison to the world: 77 $90.28 billion (2012 est.) $85.99 billion (2011 est.) note: data are in 2013 US dollars

GDP (official exchange rate): $81.95 billion (2013 est.)

This is quite ok... USA is 1 to 1... well like many things in the CIA Factbook that are wrong, of course always letting the US looking better. For some african countries the rate is much more extreme...or asian.

sri Lanka:

GDP (purchasing power parity): $134.5 billion (2013 est.) country comparison to the world: 65

GDP (official exchange rate): $65.12 billion (2013 est.)

Tanzania:

GDP (purchasing power parity): $79.29 billion (2013 est.) country comparison to the world: 83

GDP (official exchange rate): $31.94 billion (2013 est.)

Same with the GDP for People... if a GDP yearly would be 7,929 US-$ than in fact in Tanzania it would be only 3,194 US-$ but the Facebook would write 7,929... but this is quite a difference having 3.19$ or 7.92$ daily, to buy food for example... Kilon22 (talk) 21:08, 19 April 2014 (UTC)[reply]

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