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 |

Vision-2040

Economy and Development Pillar — Oman Vision 2040

The Economy and Development pillar of Oman Vision 2040 covers five priorities targeting diversification, fiscal sustainability, labour market reform, private sector growth, and balanced regional development.

Feb 21, 2026

Governance and Institutional Performance Pillar — Oman Vision 2040

The Governance pillar of Oman Vision 2040 covers legislative reform, judicial efficiency, anti-corruption, and digital government transformation — the institutional infrastructure enabling all other Vision priorities.

Feb 21, 2026

In-Country Value (ICV) Programme

Oman's In-Country Value programme mandates that major government and energy sector contracts maximise local economic content — targeting Omani workforce, locally sourced goods, and domestic services to drive private sector and SME development.

Feb 21, 2026

Oman Green Hydrogen Programme

Oman's green hydrogen programme targets export of green hydrogen and green ammonia to European and Asian markets — with a $30bn+ project pipeline at Duqm and elsewhere, positioning Oman as a post-oil energy exporter.

Feb 21, 2026

Oman National Energy Strategy 2040

Oman's National Energy Strategy 2040 targets 30% renewable electricity by 2030, gas optimisation for export, and green hydrogen development — managing the transition from hydrocarbon dependency while maintaining fiscal revenues.

Feb 21, 2026

Oman Tourism Strategy 2040

Oman's tourism strategy targets OMR 12 billion in annual revenues by 2040 — up from OMR 3.2 billion (2023) — through authentic nature and culture positioning, OMRAN-led infrastructure, and aviation connectivity expansion.

Feb 21, 2026

Oman Vision 2040: Key Timeline and Milestones

A chronological timeline of Oman's economic and political development — from the Renaissance Day (1970) through Vision 2020, the launch of Vision 2040 (2021), and major milestones through 2025.

Feb 21, 2026

Oman Vision 2040: The Complete Guide

The definitive reference guide to Oman Vision 2040 — its four pillars, twelve priorities, KPI framework, and implementation architecture for 2021-2040.

Feb 21, 2026

Oman's Carbon Neutrality Target: The 2050 Net-Zero Commitment

Oman has committed to net-zero greenhouse gas emissions by 2050 — a significant policy signal from a major oil producer. The target requires renewable energy at 30% by 2030, green hydrogen development, and industrial decarbonisation.

Feb 21, 2026

Oman's Digital Transformation Programme

Oman's national digital transformation programme targets e-government, digital economy development, and Fourth Industrial Revolution readiness — with 2,680 of 2,869 government procedures digitised as of 2024/2025.

Feb 21, 2026

People and Society Pillar — Oman Vision 2040

The People and Society pillar of Oman Vision 2040 encompasses four priorities: Education, Health, Citizenship, and Well-being. A deep-dive into targets, progress, and challenges.

Feb 21, 2026

Priority: Citizenship, Identity and National Heritage and Culture

Oman Vision 2040's citizenship priority builds a society proud of its identity and committed to citizenship — preserving cultural heritage while embracing the knowledge economy.

Feb 21, 2026

Priority: Development of Governorates and Sustainable Cities

Oman Vision 2040's governorates priority targets balanced regional development — decentralising economic activity beyond Muscat through infrastructure, economic zones, and integrated urban communities.

Feb 21, 2026

Priority: Economic Diversification and Fiscal Sustainability

Oman Vision 2040's flagship priority: transforming non-oil GDP from 61% to 91.6% by 2040 through technology, knowledge, innovation, green hydrogen, tourism, and logistics development.

Feb 21, 2026

Priority: Economic Leadership and Management

Oman Vision 2040's economic leadership priority builds a dynamic institutional framework for macroeconomic management — fiscal discipline, monetary stability, and policy coordination.

Feb 21, 2026

Priority: Education, Learning, Scientific Research and National Capabilities

Oman Vision 2040's education priority targets a knowledge-based society through world-class universities, scientific research, and nationally competitive talent development.

Feb 21, 2026

Priority: Environment and Natural Resources

Oman Vision 2040's environment priority targets carbon neutrality by 2050, renewable energy leadership, green hydrogen exports, and preservation of Oman's unique natural ecosystems.

Feb 21, 2026

Priority: Governance of State's Administrative Bodies, Resources and Projects

Oman Vision 2040's administrative governance priority drives digital transformation of government services — targeting 2,869 simplified procedures, transparent resource management, and performance accountability.

Feb 21, 2026

Priority: Health

Oman Vision 2040 targets a leading healthcare system with international standards — universal coverage, technology integration, and world-class clinical outcomes by 2040.

Feb 21, 2026

Priority: Labour Market and Employment

Oman Vision 2040's labour market priority targets a dynamic workforce — increasing Omani private sector employment from 11.6% to 40% by 2040 through skills development and market reforms.

Feb 21, 2026

Priority: Legislative, Judicial and Oversight System

Oman Vision 2040's legislative priority builds a leading judicial system and anti-corruption framework — targeting top-30 CPI ranking and world-class regulatory quality by 2040.

Feb 21, 2026

Priority: The Private Sector, Investment and International Cooperation

Oman Vision 2040 positions the private sector as the primary engine of growth — targeting FDI to 10% of GDP, improved business environment rankings, and deep international economic integration.

Feb 21, 2026

Priority: Well-being and Social Protection

Oman Vision 2040's well-being priority targets a decent and sustainable life for all — through social safety nets, women's empowerment, youth development, and sports infrastructure.

Feb 21, 2026

Sustainable Environment Pillar — Oman Vision 2040

The Sustainable Environment pillar of Oman Vision 2040 targets carbon neutrality by 2050, renewable energy expansion, green hydrogen leadership, and preservation of Oman's unique natural environment.

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

Tashgheel: The National Employment Programme

Tashgheel is Oman's national employment programme targeting Omani private sector job creation — addressing the critical gap between Omani graduates and private sector employer needs through training, matching, and incentive reforms.

Feb 21, 2026

The Sultan Haitham Era: Vision 2040 and Economic Reform

Since Sultan Haitham's accession in January 2020, Oman has achieved a remarkable fiscal turnaround, launched Vision 2040, implemented VAT, delivered the OQEP IPO, and improved its Corruption Perceptions Index ranking by 20 places.

Feb 21, 2026

Vision 2040 Implementation Follow-Up Unit (IFU)

The IFU is the dedicated institutional coordination body for Oman Vision 2040 — tracking KPI progress, producing the annual Progress Report, coordinating between ministries, and maintaining the National Programme for economic transformation.

Feb 21, 2026

Vision 2040 Overall Scorecard

Aggregate scorecard for all 12 Vision 2040 priorities — overall progress assessment, cross-priority analysis, and composite performance index.

Feb 21, 2026

Vision 2040 Timeline

Chronological timeline of Oman Vision 2040 — key milestones, policy announcements, institutional reforms, and implementation markers from 2020 to present.

Feb 21, 2026

Vision 2040: Four Pillars

Vision 2040 organises Oman's national strategy around four pillars: People and Society, Economy and Development, Sustainable Environment, and Governance. These pillars contain 12 priorities and 70+ KPIs.

Feb 21, 2026

Gap Alert: Digital Economy

Vision 2040 gap analysis for digital economy contribution to gdp and ict readiness indicators

Feb 21, 2025

Gap Alert: Economic Complexity

Vision 2040 gap analysis for economic complexity index ranking

Feb 21, 2025

Gap Alert: Economic Freedom

Vision 2040 gap analysis for heritage foundation index of economic freedom score

Feb 21, 2025

Gap Alert: Environmental Performance

Vision 2040 gap analysis for environmental performance index score

Feb 21, 2025

Gap Alert: FDI Net Inflow

Vision 2040 gap analysis for fdi net inflow as a percentage of gdp

Feb 21, 2025

Gap Alert: Food Security

Vision 2040 gap analysis for global food security index score and self-sufficiency ratio

Feb 21, 2025

Gap Alert: Labour Productivity

Vision 2040 gap analysis for labour productivity growth rate

Feb 21, 2025

Gap Alert: Manufacturing GDP Share

Vision 2040 gap analysis for manufacturing value added as a percentage of gdp

Feb 21, 2025

Gap Alert: Omanisation Rate

Vision 2040 gap analysis for share of omani nationals in private-sector employment

Feb 21, 2025

Gap Alert: Real GDP Growth

Vision 2040 gap analysis for annual real gdp growth rate

Feb 21, 2025

Gap Alert: Real GDP Per Capita

Vision 2040 gap analysis for real gdp per capita growth

Feb 21, 2025

Gap Alert: Regulatory Quality

Vision 2040 gap analysis for wgi regulatory quality score

Feb 21, 2025

Gap Alert: Renewable Energy Share

Vision 2040 gap analysis for renewable energy as a share of total electricity generation

Feb 21, 2025

Gap Alert: Tourism Revenue

Vision 2040 gap analysis for tourism receipts as a percentage of gdp

Feb 21, 2025

Gap Alert: Youth Development

Vision 2040 gap analysis for commonwealth youth development index score and ranking

Feb 21, 2025

KPI Tracker: Current Account to GDP

Tracking current account to gdp against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Education for All Index

Tracking education for all index against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Environmental Performance Index

Tracking environmental performance index against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Gini Coefficient

Tracking gini coefficient against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Global Competitiveness Index

Tracking global competitiveness index against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Global Talent Competitiveness Index

Tracking global talent competitiveness index against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Government Effectiveness - WGI

Tracking government effectiveness - wgi against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Gross Debt to GDP

Tracking gross debt to gdp against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Health - Legatum Prosperity Index

Tracking health - legatum prosperity index against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Labour Productivity Growth

Tracking labour productivity growth against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Non-Oil Revenue to GDP

Tracking non-oil revenue to gdp against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Oil GDP Share

Tracking oil gdp share against Vision 2040 targets

Feb 21, 2025

KPI Tracker: QS World University Rankings - Top 500

Tracking qs world university rankings - top 500 against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Real GDP Growth

Tracking real gdp growth against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Real GDP Per Capita Growth

Tracking real gdp per capita growth against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Regulatory Quality - WGI

Tracking regulatory quality - wgi against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Security - Global Competitiveness Index

Tracking security - global competitiveness index against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Skilled Labour in Private Sector

Tracking skilled labour in private sector against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Skills - Global Competitiveness Index

Tracking skills - global competitiveness index against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Social Progress Index

Tracking social progress index against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Sultan Qaboos University QS Ranking

Tracking sultan qaboos university qs ranking against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Total Public Expenditure to GDP

Tracking total public expenditure to gdp against Vision 2040 targets

Feb 21, 2025

KPI Tracker: Youth Development Index

Tracking youth development index against Vision 2040 targets

Feb 21, 2025

Oman Vision 2040 FAQ

Frequently asked questions about Oman Vision 2040 national development strategy

Feb 21, 2025

Oman Vision 2040 Programmes Guide

Guide to Oman Vision 2040 implementation programmes covering all national priority areas

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 Vision 2040? | Oman Explained

A complete guide to Oman Vision 2040, the long-term national development blueprint.

Feb 21, 2025
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