Economy

Aviation sector contributes $1.8bln to Oman’s GDP

Tourism supported by aviation represents a major share of this impact, contributing $710 million to GDP and employing approximately 18,000 people.

The aviation sector in Oman contributes an estimated $1.8 billion to the GDP and supports 42,000 jobs across the wider economy, according to a recent report by the International Air Transport Association (IATA).

Direct aviation activities including airlines, airport operators, air navigation service providers and on-site businesses employ around 17,000 people in the Sultanate of Oman, generating $629.5 million in economic output, equivalent to 0.6 per cent of national GDP. When wider supply chain effects, employee spending and tourism activity are included, the sector’s total contribution rises to 1.7 per cent of GDP.

Tourism supported by aviation represents a major share of this impact, contributing $710 million to GDP and employing approximately 18,000 people. International visitors arriving by air are estimated to inject $2.9 billion annually into the Omani economy through spending on accommodation, transport, retail and local services.

Passenger traffic data highlights the international orientation of Oman’s aviation market. In 2023, international air travel accounted for 80 per cent of total origin destination departures, equivalent to 3.8 million passenger departures. Asia Pacific emerged as the largest international market, with nearly 1.8 million passengers, representing 48 per cent of total international departures. This was followed by the Middle East with 1.3 million passengers 33 per cent and Europe with 472,000 passengers 12 per cent.

Cargo activity also underpins Oman’s trade and logistics ecosystem. A total of 169,500 tonnes of air cargo were transported through Omani airports in 2023, supporting national import and export flows and reinforcing the sector’s importance to supply chain resilience, time-sensitive trade and e-commerce.

© ZAWYA

GLOBAL BUSINESS AND FINANCE MAGAZINE

Recent Posts

Saudi Arabia’s trade surplus exceeds $5.86bln in November 2025, posting 70% annual growth

The data showed that the trade balance grew by 5.2% month-on-month. Saudi Arabia’s trade balance…

12 hours ago

Maersk unit signs deal with DP World to buy 37.5% stake in Saudi terminal

UAE ports operator to retain 62.5% stake, continue to lead operations. Global shipping giant Maersk’s…

1 day ago

Rethinking existing tax schemes for political giving and charitable donations

Charitable and political donations are both eligible for tax relief in many countries. This column…

1 day ago

The economics of the Kalshi prediction market

Kalshi has operated as a federally licensed prediction market in the US since 2021, free…

1 day ago

The distributional consequences of cost-sharing in universal healthcare

Copayments and user fees are widely used across European health systems as a way to…

1 day ago

EU capital markets reform should focus on innovation investment

The European Commission has launched another attempt to reform capital markets, rebranded as the ‘Savings…

1 day ago