Finance of Oman
The monthly minimum wage in Oman is USD 592. Oman has a public debt equivalent to 90% of the country's gross domestic product (GDP), estimated in 2012. In terms of consumer prices, Oman's inflation rate is 1.6%. The currency of Oman is Omani Rial. The plural form of the word Omani rial is rials. The symbol used for this currency is ر.ع. and is abbreviated as OMR. The Omani rial is divided into baisa; There are 1000 in a rial. Every year, consumers spend around $21,161 million. The ratio of consumer spending to GDP in Oman is 0.03% and the ratio of consumer spending to world consumer market is 6.1%. Corporate tax in Oman is 12%. Personal income tax ranges from 0% to 0% depending on your specific situation and income level. VAT in Oman is 0%.
https://www.confiduss.com/en/j....urisdictions/oman/ec
