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 |

Timeline — Oman Development History and Vision 2040 Milestones

Chronological timeline from 1970 Renaissance to Vision 2040 launch and 2024/2025 milestones.

Timeline — Oman Development History and Vision 2040 Milestones

Chronological timeline from 1970 Renaissance to Vision 2040 launch and 2024/2025 milestones.

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

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
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