KPI Definitions — What Is…? Reference Pages
Definitions of Vision 2040 KPIs — what each indicator measures, why it matters, and Oman’s current data.
Definitions of Vision 2040 KPIs — what each indicator measures, why it matters, and Oman's current data.
Definitions of Vision 2040 KPIs — what each indicator measures, why it matters, and Oman’s current data.
Healthy Life Expectancy (HALE) measures the expected years of life in full health — adjusted for years lived with disability or disease. It is a more informative health measure than simple life expectancy.
Non-oil GDP is the portion of a country's Gross Domestic Product generated outside the oil and gas extraction sector. In Oman, it is the primary measure of economic diversification progress.
Omanisation is the policy of increasing Omani nationals' share of the private sector workforce — a labour market nationalisation policy targeting 40% private sector Omani employment by 2040.
Tanfeedh (Arabic: تنفيذ — execution) was Oman's 2016-2020 national programme for accelerating economic diversification through a structured lab methodology — identifying specific projects in logistics, manufacturing, tourism, fisheries, and mining.
The Economic Complexity Index (ECI) measures the diversity and sophistication of a country's export basket — the amount of productive knowledge embedded in the economy's exports.
The Gini coefficient measures income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality). Oman's Gini of approximately 0.29 is moderate — Vision 2040 targets 0.28 by 2040.
The Networked Readiness Index (NRI) measures countries' digital readiness across Technology, People, Governance, and Impact pillars. It is published by Portulans Institute and is Oman's primary digital economy tracking indicator.
The Social Progress Index (SPI) measures societal wellbeing beyond GDP — covering basic human needs, wellbeing foundations, and opportunity. It explicitly excludes GDP to measure social outcomes independently of economic inputs.