Omanโs economy is forecast to grow by 3.5% in both 2026 and 2027, according to Standard Chartered. The bank expects resilient non-oil activity, hydrocarbon production, logistics, manufacturing and continued public investment linked to Oman Vision 2040 to support growth.
Standard Chartered has also raised its fiscal surplus forecast to 4.6% of GDP in 2026 and 3.6% in 2027. Public debt is expected to decline to around 33% of GDP by end-2026 and 31% by end-2027, while the bank expects stronger investment momentum in logistics, manufacturing, re-export activity and energy-linked infrastructure.
The bank also highlighted Omanโs geographic position, ports and industrial zones as potential advantages as companies reassess regional supply chains and seek more secure trade routes.