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Oman

Oman · OMN · Middle East

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Oman is a stable Gulf nation actively pursuing economic diversification away from its traditional reliance on oil and gas, focusing on tourism, logistics, and manufacturing. It maintains a neutral foreign policy stance amidst regional geopolitical complexities.

Leadership

Haitham bin Tariq Al Said

Sultan

GOVERNMENT: Absolute monarchy

Sayyid Badr bin Hamad Al Busaidi

Sultan bin Salim Al Habsi

Hamad bin Said Al Oufi

Economy

GDP

$125.0B

GDP per Capita

$27.0K

GDP Growth

+3.5%

Inflation

2.5%

Unemployment

3.5%

Oil and gasServicesManufacturingTourismMining

Trade

Key Exports

Crude oilPetroleum productsNatural gasRe-exportsFishMetals

Key Imports

Machinery and transport equipmentManufactured goodsFoodChemicals

Top Partners

ChinaIndiaUAESaudi ArabiaSouth Korea

Recent Events (1)

Informational8h ago

Woman raises funds for alleged terrorist husband

A woman has raised $13,000 on GoFundMe for her husband, who is accused of being a terrorist.

Headlines (8)

MarketScreener13h ago

Saudi Aramco Mulls Discount on Oil Transfers Off Oman

The Nation1d ago

Pak, Oman seeks wider opportunities for youth: PMYP

Lokmat Times1d ago

India, Oman eye stronger cooperation in energy, SAF and security sectors: Oman's Ambassador

Middle East Monitor2d ago

Oman pledges to safeguard Strait of Hormuz navigation, urges Iran-US settlement

The New Indian Express2d ago

Oman calls for self-restraint, dialog in Mideast conflict

The Economic Times2d ago

US Treasury chief Bessent claims successes in isolating Iran

Yardbarker2d ago

Back in the fifth edition: Oman hands Saudi Arabia an achievement that had been absent for 47 years