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 |
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Glossary of Economic and Development Terms

Definitions of key economic, financial, and development terms relevant to understanding Oman's economy and Vision 2040.

Glossary of Economic and Development Terms

This glossary defines the key terms, acronyms, and concepts used throughout the Oman 2040 research portal. Each entry provides a clear definition, contextual background explaining why the term matters for Oman, a practical example illustrating its use, and links to related terminology. The glossary covers macroeconomic indicators, international indices, energy transition vocabulary, governance frameworks, and development strategies that appear frequently in policy discussions about the Gulf region. It is designed as a quick-reference companion for students, analysts, and professionals engaging with Oman’s economic transformation agenda.

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