FDI Net Inflow (% GDP) Tracker

KPI Status 🟡

Indicator Analysis

Foreign Direct Investment (FDI) net inflows as a percentage of GDP measure the attraction of foreign capital committed to long-term productive investments in Oman.

Baseline context: Oman’s FDI inflows have historically been modest — primarily concentrated in oil and gas sector investments by international oil companies. Vision 2040 targets increasing FDI to 10% of GDP — more than doubling from current levels and reflecting a much broader sectoral spread.

Recent developments:

• Green hydrogen agreements (ACME, Hyport, additional 2024/2025 investments) represent FDI commitments in a new sector
• OMRAN-facilitated tourism development attracting branded hotel operators
• Duqm Refinery (Aramco investment) completed

Challenge: Achieving 10% FDI/GDP requires approximately $6-7 billion annually in FDI inflows — against a 2023 estimate of approximately $3-4 billion. Doubling FDI requires significant improvement in investment environment perception (CPI improvement helps), green hydrogen project finance closing, and continued capital market development.

Critical Path

The green hydrogen FDI pipeline represents the largest single FDI opportunity:

• If 3-4 projects reach FID (Final Investment Decision) by 2027-2028, construction-phase FDI could substantially boost the metric
• Infrastructure FDI (PPP projects in power, water, logistics) provides additional potential

Investment Environment Improvements

The 2024 CPI improvement (+20 places to rank 50), Investment and Commercial Court, and Invest in Oman services are all direct responses to the FDI gap.

Data Sources

This indicator is drawn from: official Oman Vision 2040 Progress Reports (IFU/Supreme Council for Planning), NCSI national statistics, and relevant international organisations (UNDP, World Bank, IMF, WIPO as applicable).

Note: This page contains Layer 2 premium analysis. Underlying indicator definitions and headline values are available in the free Layer 1 content.