Non-Oil GDP Share: 70.5% ▲ +9.5pp vs 2017 | QS Ranking — SQU: #334 ▲ ↑28 places | Fiscal Balance: +2.8% GDP ▲ 3rd surplus year | CPI Rank: 50th ▲ +20 places | Global Innovation Index: 69th ▲ +10 vs 2022 | Green H₂ Pipeline: $30B+ ▲ 2 new deals 2025 | Gross Public Debt: ~35% GDP ▲ ↓ from 44% | Digitalised Procedures: 2,680 ▲ of 2,869 target | Non-Oil GDP Share: 70.5% ▲ +9.5pp vs 2017 | QS Ranking — SQU: #334 ▲ ↑28 places | Fiscal Balance: +2.8% GDP ▲ 3rd surplus year | CPI Rank: 50th ▲ +20 places | Global Innovation Index: 69th ▲ +10 vs 2022 | Green H₂ Pipeline: $30B+ ▲ 2 new deals 2025 | Gross Public Debt: ~35% GDP ▲ ↓ from 44% | Digitalised Procedures: 2,680 ▲ of 2,869 target |

Methodology

Data Sources

The Oman 2040 Monitor draws on official government publications, international organisation datasets, and proprietary research to provide comprehensive coverage of Oman’s national transformation programme.

Primary Sources

  • National Centre for Statistics and Information (NCSI) — Official Omani statistical data including GDP composition, trade figures, labour market indicators, and demographic data.
  • Central Bank of Oman (CBO) — Monetary policy data, banking sector statistics, balance of payments, and financial stability indicators.
  • Ministry of Finance — Fiscal data including budget allocations, revenue composition, public debt statistics, and medium-term fiscal framework updates.
  • Oman Investment Authority (OIA) — Sovereign wealth fund performance data and strategic investment disclosures.

International Sources

  • International Monetary Fund (IMF) — Article IV consultation reports, World Economic Outlook projections, and fiscal policy assessments.
  • World Bank — Development indicators, Ease of Doing Business rankings, and sectoral assessments.
  • United Nations agencies — Human Development Index, Sustainable Development Goals progress, and specialised agency reports.
  • Credit rating agencies — Sovereign credit assessments from Moody’s, S&P Global, and Fitch Ratings.

Analytical Framework

Seven-Lens Model

The Monitor analyses Oman’s transformation through seven complementary lenses:

  1. Progress vs. Promise — Tracking KPI delivery against Vision 2040 targets
  2. GCC Benchmarking — Comparative analysis against regional peers
  3. Investment Intelligence — Capital flows, deal activity, and market positioning
  4. Sector Deep-Dives — Industry-level analysis across 12 economic sectors
  5. Geopolitical Context — Regional and global factors affecting Oman’s trajectory
  6. Editorial Analysis — Expert commentary on policy developments
  7. Institutional Assessment — Government capacity and reform implementation

Data Verification

All quantitative claims are cross-referenced against at least two independent sources where available. When official data conflicts with international assessments, both figures are presented with explanatory context.

Update Frequency

  • KPI Dashboard — Updated quarterly following NCSI and CBO data releases
  • Sector Analysis — Updated as material developments occur, typically monthly
  • GCC Benchmarks — Updated semi-annually aligned to IMF World Economic Outlook cycles
  • Editorial Content — Published on an ongoing basis

Limitations

This platform provides analytical commentary and data aggregation. It does not constitute investment advice. Figures are indicative and subject to revision by issuing authorities. The Monitor has no affiliation with the Government of the Sultanate of Oman.