Oman economy shows strong performance driven by non-oil sector growth and tourism expansion.
The Sultanate of Oman recorded a GDP growth of 4.2% in the first quarter of 2026, driven primarily by the non-oil sector which grew by 6.1%. Tourism revenues increased by 28% year-on-year as Vision 2040 initiatives continue to bear fruit. The government's diversification strategy is showing tangible results with manufacturing and technology sectors leading the growth.