Muscat – The National Competitiveness Office has published the Oman Competitiveness Report 2024, emphasizing the Sultanate’s significant advancement across key global competitiveness indicators and reinforcing its alignment with Oman Vision 2040.

Oman Competitiveness Report 2024: Climbs 94 Places in Environmental Performance Index

A standout achievement in 2024 is Oman’s remarkable rise in the Environmental Performance Index, leaping 94 positions to claim 55th globally out of 180 nations.

The country now ranks #1 globally in:

• Marine protection stringency
• Growth rate of black carbon emissions
• Bottom-trawl fishing regulation in the Exclusive Economic Zone

This reinforces Oman’s commitment to sustainable development, environmental governance, and marine ecosystem protection.

Economic Freedom in Oman: Competitiveness Boost in 2024 Report

Oman surged 39 spots in the Heritage Foundation’s Economic Freedom Index, ranking 56th globally, thanks to improvements in economic policies and investment climate.

Key sub-indicator scores:

• Government Spending: 70.8 (up from 59.4)
• Investment Freedom: 70 (up from 60)
• Financial Freedom: 60 (up from 50)

This upgrade shifts Oman’s economic status from “mostly unfree” to “moderately free,” reflecting its pursuit of economic diversification and fiscal responsibility.

Oman Competitiveness Report 2024: Digital Economy and Network Readiness

In the Network Readiness Index, Oman moved up four positions, now ranking 50th globally, showcasing a rapidly developing digital infrastructure.

Global rankings in key ICT sub-indicators:

• #9 in government investment in emerging technologies
• #11 in reducing internet gender gap
• #23 in ICT skills in education

These results highlight Oman’s vision for digital transformation and its support for a knowledge-based economy.

Future Growth Index: Oman Leads in Sustainable Investment and Rural Access

Scoring 50.59/100, Oman outperforms the global average in the Future Growth Index due to sustained investment in technology and rural development.

Top global rankings include:

• ICT capital investment (USD)
• 100% electricity access in rural areas

These indicators point to Oman’s preparedness for inclusive growth and future-ready infrastructure.

Governance and Oman Vision 2040: Competitiveness in Governance Indicators

Oman continues to rise in Global Governance Indicators, supporting its long-term national vision:

• Rule of Law: 70.2
• Regulatory Quality: 66.5
• Government Effectiveness: 62.2

These metrics reflect increasing transparency, institutional reform, and effective policy-making.

Learn more about Oman Vision 2040
Explore Oman’s investment opportunities

Ministry of Economy’s Role in Oman Competitiveness 2024

Dr. Salim bin Abdullah Al Sheikh, spokesperson for the Ministry of Economy, stated to Oman News Agency:

“The National Competitiveness Office is working closely with national teams to elevate Oman’s position in global indices. We are committed to launching strategic initiatives, addressing challenges, and creating sustainable economic momentum.”

He emphasized that international rankings are crucial for guiding development and attracting global attention.

Policy Impact and Public Awareness: Driving Oman Competitiveness 2024

The report serves multiple objectives:

• Increase public awareness of Oman’s standing in global rankings
• Assist government and private institutions in strategic planning
• Serve as a benchmark for competitiveness
• Identify leading countries for each indicator to replicate successful models

Internal Resources:

• Oman to Establish First National Rehabilitation Centre in South Al Batinah
• Oman Ministry of Labour Unveils 2024 Achievements and 2025 Job Plans

---

Conclusion: Oman Competitiveness Report 2024 Sets a Global Benchmark

Oman’s steady rise across global indices is a testament to its focus on economic liberalization, green innovation, and technological empowerment. These results firmly position the Sultanate as a rising regional leader in sustainable development and global competitiveness.

---