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: CPI Rankings 2024

Comparing Oman's 2024 CPI rank of 50 against all GCC states — contextualising Oman's 20-place improvement in the regional landscape.

CPI Rankings 2024

GCC Rankings:

UAE: 20, Qatar: 29, Bahrain: 40, Oman: 50, Saudi Arabia: 54, Kuwait: 57

Analysis

Oman’s 2024 CPI rank of 50 places it mid-GCC. The 20-place improvement is the most dramatic recent GCC improvement. Vision 2040 targets top-30 — closing the gap to UAE and Qatar.

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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