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

Ease of Doing Business

Definition of the ease of doing business concept and Oman's regulatory reform efforts.

Ease of Doing Business

Definition

The ease of doing business is a concept measured historically by the World Bank through its Doing Business report, which ranked countries based on regulatory quality and the simplicity of business operations. Indicators included starting a business, obtaining permits, registering property, accessing credit, and enforcing contracts.

Context

Oman has pursued regulatory reforms to improve its business environment rankings, recognising that a favourable position attracts foreign investment and signals institutional quality. Streamlined licensing, digital government services, and commercial law reforms have contributed to improved scores.

Example

The introduction of the Invest Easy portal reduced the average time to register a new business in Oman from several weeks to a few days, directly improving the country’s performance on the starting-a-business indicator.