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

Oman Achieves CPI Rank 50 (2024)

Analysis of Oman achievement of Corruption Perceptions Index rank 50 in 2024, reflecting improved governance and anti-corruption efforts.

Overview

Oman’s achievement of rank fifty in Transparency International’s Corruption Perceptions Index in 2024 represented a significant milestone in the Sultanate’s governance reform journey. The improvement reflected sustained efforts to strengthen anti-corruption institutions, enhance public financial management, increase transparency in government procurement, and enforce accountability across the public and private sectors. The ranking places Oman among the better-performing countries globally and the top tier within the Middle East and North Africa region.

Key Points

The CPI score reflects assessments by business people and country experts on matters including bribery, diversion of public funds, and government transparency. Oman’s improvement was driven by strengthened asset-declaration requirements, whistleblower protection legislation, and enhanced oversight by the State Audit Institution. Public procurement reforms introduced competitive bidding, beneficial ownership disclosure, and independent review mechanisms. International cooperation agreements support cross-border corruption investigations and asset recovery efforts.

Current Status

The improved CPI ranking has been cited positively in investor reports and sovereign credit assessments. The government has committed to maintaining momentum by continuing institutional reforms and publishing anti-corruption performance data. Civil society engagement in governance monitoring has been encouraged, and the media plays an increasingly active role in accountability journalism. The ranking provides a useful benchmark for tracking progress against Vision 2040’s governance objectives.

Vision 2040 Context

Vision 2040 identifies good governance as a prerequisite for sustainable development. The CPI ranking demonstrates that institutional reforms are producing measurable results recognised internationally. Continued progress toward the top tier of governance quality will further enhance Oman’s attractiveness to investors, strengthen public trust in government, and ensure that national resources are deployed effectively in pursuit of Vision 2040 objectives.