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 |
Encyclopedia

What Is Oman Known For?

Discover what Oman is famous for, including its culture, geography, oil industry, and diplomatic tradition.

What Is Oman Known For?

Short Answer

Oman is known for its rich cultural heritage, dramatic natural landscapes, frankincense trade, oil and gas industry, and a tradition of diplomatic neutrality. The Sultanate blends ancient Arabian tradition with modern development, earning a reputation as one of the most welcoming and stable nations in the Middle East.

Detailed Answer

Historically, Oman was a major maritime power whose trading networks stretched from East Africa to South and Southeast Asia. The country’s frankincense, harvested from the Dhofar region, was one of the most prized commodities in the ancient world and remains an important cultural symbol. UNESCO has designated the Land of Frankincense as a World Heritage Site.

In the modern era, Oman is perhaps best known for its hydrocarbons sector. Oil was discovered in commercial quantities in 1964, and petroleum exports have since driven the country’s economic transformation. However, Oman is not a member of OPEC, which gives it greater flexibility in production decisions.

Geographically, Oman is celebrated for its diverse and striking landscapes, from the towering Al Hajar mountains and vast Wahiba Sands desert to the lush tropical monsoon climate of Salalah during the khareef season. Eco-tourism and adventure tourism are growing segments of the economy.

Diplomatically, Oman is recognised for its unique role as a neutral mediator in regional disputes. The Sultanate has facilitated back-channel communications between parties including the United States and Iran, earning international respect for its balanced foreign policy approach.