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 |

Government

Ministry of Economy

The Ministry of Economy is responsible for Oman's macroeconomic planning, five-year development plans, Vision 2040 policy coordination, and economic statistics interpretation. It chairs the Supreme Council for Planning secretariat.

Feb 21, 2026

Ministry of Energy and Minerals

The Ministry of Energy and Minerals oversees Oman's oil, gas, mining, and renewable energy sectors — the regulatory counterpart to PDO, OQ, and the renewable energy developers. Central to Vision 2040's energy transition and diversification agenda.

Feb 21, 2026

Ministry of Finance

Oman's Ministry of Finance manages the state budget, public debt, fiscal policy coordination, and government financial reporting. The dramatic fiscal turnaround from -11.7% GDP deficit (2017) to surplus (2022-2024) reflects its central role in Vision 2040's macroeconomic stability priority.

Feb 21, 2026

Ministry of Labour

Oman's Ministry of Labour administers labour regulations, Omanisation quotas, work permit approvals, and the Tashgheel employment programme. It is the primary institutional vehicle for Vision 2040's labour market priority.

Feb 21, 2026

Oman Government Ministries Guide

Guide to Oman government ministries covering roles responsibilities and organisational structure

Feb 21, 2025
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