Family income doubles in a decade


Illustrative purpose only

Muscat: The average monthly household income of Omani families rose by 83.9 per cent between 2000 and 2011, from OMR637.53 to OMR1,172.258, according to a report released by the National Centre for Statistics and Information (NCSI).

The Muscat Governorate recorded the highest average household income of OMR1,459 per month with an average household spending of OMR930 per month.

In its latest report on household demographics, income and spending in Oman, the NCSI pegged the number of Omani families in the Sultanate until mid-2013 at 278,891, with each household comprising an average of 7.5 persons. This figure is estimated to be increasing by 4,700 families annually.

Additionally, more than half of the families were living in modern houses. The NCSI's "facts about Omani households report" was compiled using data from 2000 to 2013.

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

Of the Muscat residents, 77 per cent live in modern houses, but the figure 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 census data of 2010.

The maximum ownership percentage recorded was in the Al Wusta Governorate with 94 per cent of Omani families owning a house, while the minimum ownership level is found in the Buraimi Governorate with 65 per cent of Omani families owning a house.

Meanwhile, the proportion of car ownership recorded among Omani families rose 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.

The report also highlights data on personal and housing loans, revealing that the total number of 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 the 2011 data.

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