Macro Index Overview / Middle East & North Africa / OMN
Oman ยท Year 2023
Country:
Year:
Sovereign Economic Dossier ISO: OMN OM

Oman

Oman sovereign panel observation with harmonized output, inflation, and external resilience records from 1960 through 2025.

Middle East & North Africa High income Blocs: Other Muscat

Global Rank (2023)

#42 / 205

Top 20% of global economies

Composite Score (2023)

70.7 / 100

Living Standard (2023)

$17,854

Subscore: 70.22 / 100

CPI Inflation (2023)

0.95%

Stability Score: 89.75 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 70.22

Raw: $17,854 (2015 USD)

Price Stability (25%) 89.75

Raw: 0.95% (Anchor: 3.0%)

External Solvency (25%) 57.64

Raw: 2.29% of GDP

Economic Scale (15%) 62.16

Raw: $106.2B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Monetary Discipline & Price Anchor Focused

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Oman's global competitive ranking by accentuating its comparative strengths.

Peak Rank #36 / 205
Default Rank #42
+6 Ranks
Living Standards 15%
Baseline: 35%
Price Stability 55%
Baseline: 25%
External Solvency 30%
Baseline: 25%
Economic Scale 0%
Baseline: 15%

Policy Insight & Strategic Advantage: Oman benefits most from its anchored inflation regime near the 3.0% target band while competitors face price volatility.

Under this bespoke weighting, Oman's composite score climbs to 77.2 (compared to 70.7 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking Oman's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
Oman (OMN)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #42 / 205 โ€ข Composite Score: 70.7 / 100 โ€ข Living Standard: $17,854 โ€ข Inflation: 0.95%
#1#50#100#150#20019601970198019902000201020202025#42
Hover or click any node along the curve to inspect that historical year in real time
Primary: Oman Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
Oman (OMN) Active#4270.7$17,8540.95%2.29%$106.2B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Oman

Metric:
Selected Era: 2023 ยท Click any node to select
100755025050.219701970s66.519801980s63.419901990s69.620002000s78.220102010s54.320202020s70.72023Recent