Oman's population forecast to grow by 2.4m by 2040

New report by National Centre for Statistics and Information says average age of Omanis will be 27 in 2040
Oman's population forecast to grow by 2.4m by 2040
By Andy Sambidge
Sat 30 Aug 2014 01:29 AM

Oman's population is forecast to grow by 2.4 million over the next 25 years, according a new report by the National Centre for Statistics and Information (NCSI).

Its Population Projection in Sultanate of Oman 2015-2040 study predicted the increase between 2015 and 2040, adding that the average age of Omanis at the end of the review period would be 27.

The report said population growth by gender is forecast to be 69 percent for males and 72 percent for females over the same period.

In April, Oman's population passed the four million mark, according to the NCSI.

Fertility forecasts estimate that between 25-30 percent of the population in 2040 will comprise of children below 15 years old, while between 8-11 percent of the total local population will be under 5 years old.

The 15-29 years age group is expected to comprise 27 percent in 2040, 3 percent lower than the 2015 forecast figure while the number of people aged 15-64 years of age will account for between 64-69 percent of the total population, the report added.

The NCSI report also revealed that the number of dependents in 2040 is forecast to range between 45-56 for every 100 people within the employment age.

According to the study, the Muscat population is forecast to rise by 313,000 by 2040, with 75.6 percent of those will be aged between 25 and 64 years of age. The number of people residing in Muscat aged below 30 years old is expected to decrease by 13 percent in 2040.

Musandam will witness the lowest population increase nationwide with only 17,000 added to the population numbers by 2040.

For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Subscribe to our Newsletter

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.