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Omani family income nearly doubles since 2000


1/8/2014 12:06:18 AM

(MENAFN- Muscat Daily) Inits latest report regarding household demographics, income and spending inOman, The National Centerfor StatisticsandInformation (NCSI) Pegged the number of Omani families in the sultanate until mid-2013at278,891 with each household having an average of 7.5persons.


This figure is estimated to be increasing by 4,700 families annually.


Also, more than half of the families recorded live in modern houses. The NCSI ‘Facts About Omani Households Report' was compiled using data from 2000 to 2013.
Muscat-Residents

The NCSI report also revealed that a quarter of these Omani families live in Muscat governorate, when the information is correlated against 2010 census data.


Of the Muscat residents, 77 per cent of them live in modern houses, while this percentage drops to 25 per cent in the Al Wusta governorate.


The proportion of home ownership among Omani households rose to 83 per cent within the sultanate, according to the previous census data (2010).
Omanis-in-the-sultanate

The maximum ownership percentage recorded was in the Al Wusta governorate with 94 per cent of Omani families with a house of their own, while the minimum ownership level is found in the Buraimi governorate with 65 per cent of Omani families with a house of their own.
Cars-in-Oman

Meanwhile, the proportion of car ownership recorded among Omani families rises to 90 per cent of total households.


According to the report, the proportion of people getting drinking water from improved sources increased from 75 per cent in 2003 to 95 per cent in 2010.


The average household income of Omani families rose by 36 per cent between 2006 and 2010, while, household spending during the same period rose by only 20 per cent.
Loan-Liability-in-Oman

Muscat governorate recorded the highest average household income of RO1,459 per month with an average household spending of RO930 per month. Within the sultanate overall, the average monthly household income for Omani families rose by 83.9 per cent between 2000 to 2011, from RO637.53 to RO1,172.25.


The report also highlights data on personal and housing loans, revealing that the total number Omanis who have received personal or residential loans from commercial banks in Oman totals 444,000 citizens.


This figure represents 55.5 per cent of the total number of Omani borrowers, according to 2011 data.

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