Oman Urban Population (%) OMNURBAN Economic
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What is Oman Urban Population (%)?
The Oman Urban Population percentage, tracked by OMNURBAN, quantifies the proportion of Oman's total population residing in urban areas. This metric is crucial for economists and policymakers as it reflects the pace of urbanization, a key driver of economic development and social change. A rising percentage signals increasing migration from rural to urban centers, often driven by opportunities in sectors like services, manufacturing, and construction. This trend necessitates significant investment in urban infrastructure, including housing, transportation, and utilities, impacting government spending and private sector development. Conversely, a declining or stagnant urban population might indicate economic stagnation in cities or a resurgence of rural economic activity. The calculation involves dividing the total urban population by the total national population and multiplying by 100. Monitoring OMNURBAN helps forecast demand for resources, labor market dynamics, and the evolving needs of Oman's demographic landscape.
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