Economic Diversification Progress
GCC Rankings:
Bahrain: ~85%, UAE: ~75%, Oman: ~70.5%, Saudi Arabia: ~68%, Kuwait: ~60%, Qatar: ~55%
Analysis
Oman is mid-GCC on diversification — ahead of Kuwait and Qatar, behind UAE and Bahrain. The 91.6% 2040 target would place Oman beyond even Bahrain’s current position.
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
This is a Layer 2 premium benchmarking page.