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 |

Diversification

Economic Complexity Index (ECI)

The Economic Complexity Index measures the diversity and sophistication of a country's export basket — the most demanding diversification metric in Vision 2040, targeting Oman in the global top 10 by 2040.

Feb 21, 2026

Non-Oil GDP Share

Non-oil GDP share measures the proportion of Oman's total economic output generated outside the hydrocarbons sector — Vision 2040's flagship diversification metric.

Feb 21, 2026

Oman Green Hydrogen Strategy

Comprehensive analysis of Oman's national green hydrogen strategy — production targets, investment pipeline, and positioning within the global energy transition.

Feb 21, 2026

Tanfeedh: The National Programme for Enhancing Economic Diversification

Oman's flagship economic diversification programme — Tanfeedh used a structured lab-based methodology to identify and fast-track priority projects across logistics, manufacturing, tourism, and fisheries.

Feb 21, 2026

KPI Tracker: Oil GDP Share

Tracking oil gdp share against Vision 2040 targets

Feb 21, 2025

What is Economic Diversification? | Oman Explained

Learn what economic diversification means and how Oman is reducing dependence on oil revenues.

Feb 21, 2025

What is Non-Oil GDP? | Oman Explained

Understand non-oil GDP in Oman and why diversifying revenue beyond hydrocarbons is central to Vision 2040.

Feb 21, 2025

What is Tanfeedh? | Oman Explained

Understand Tanfeedh, Oman national programme for enhancing economic diversification.

Feb 21, 2025
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