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 |

GCC Scorecard: Human Development Index

GCC Human Development Index comparison (UNDP 2022) — contextualising Oman's 0.847 against UAE (0.937), Saudi Arabia (0.875), Qatar (0.855), Kuwait (0.847), and Bahrain (0.875).

Human Development Index

GCC Rankings:

UAE: 0.937 (rank 26), Saudi Arabia: 0.875 (rank 40), Bahrain: 0.875 (rank 42), Qatar: 0.855 (rank 58), Kuwait: 0.847 (rank 67), Oman: 0.847 (~rank 60)

Analysis

Oman’s HDI of 0.847 is comparable to Kuwait, below Saudi Arabia and Qatar, and significantly below UAE. Vision 2040 targets >0.908 — closing the gap to UAE-level performance.

Oman’s Position in Context

Understanding Oman’s position within the GCC peer group is essential for:

  • Investors: Benchmarking Oman’s investment environment against accessible regional alternatives
  • Policymakers: Identifying reform gaps vs best-practice GCC peers
  • Analysts: Assessing whether Vision 2040 will close, maintain, or widen gaps vs GCC peers

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