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Oman met its 3.4% GDP growth target for 2021–2025, driven by non-oil expansion and reforms.
Oman has achieved near-target GDP growth of 3.4% annually during its Tenth Five-Year Development Plan (2021–2025), driven by strong non-oil sector expansion at 4.1%.
The country advanced economic diversification through new special economic zones, infrastructure upgrades, and increased foreign investment, which rose 20.6% to RO30.6 billion by Q1 2025.
Public debt fell to 34.1% of GDP, and Moody’s upgraded Oman’s credit rating to Baa3.
Key projects include Sultan Haitham City and the Al Rawdah Special Economic Zone.
The government continues reforms to boost private sector growth, support SMEs, and strengthen sectors like renewable energy, logistics, and pharmaceuticals, aligning with Oman Vision 2040.
Omán alcanzó su objetivo de crecimiento del PIB del 3,4% para el período 2021-2025, impulsado por la expansión y las reformas no petroleras.