Thursday, June 18, 2026

Business News

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Oman climbs global rankings, now among the world’s top 25 economies

Oman has strengthened its position on the global stage by advancing three places in the Global Competitiveness Report 2026.

TAS News Service

info@thearabianstories.com

Thursday, June 18, 2026

Muscat: Oman secured the 25th position among 70 economies assessed worldwide.

According to the report, Oman delivered particularly strong performances in several key indicators. The Sultanate ranked 15th globally in government efficiency, highlighting the effectiveness of its public institutions, policies, and administrative performance. It also secured the 18th position worldwide in business efficiency, underscoring the strength of its private sector, productivity levels, and business-friendly environment.

The improved ranking reflects the positive impact of ongoing reforms and development initiatives aimed at boosting economic diversification, attracting investment, and enhancing the overall competitiveness of the national economy.

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