Oman scored 63.61 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum.

Competitiveness Index in Oman averaged 19.14 Points from 2008 until 2019, reaching an all time high of 64.40 Points in 2018 and a record low of 4.25 Points in 2016. This page provides the latest reported value for - Oman Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Oman Competitiveness Index - values, historical data and charts - was last updated on July of 2020. source: World Economic Forum

Competitiveness Index in Oman is expected to reach 65.90 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Competitiveness Index is projected to trend around 66.90 Points in 2021 and 67.40 Points in 2022, according to our econometric models.

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Oman Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
63.61 64.40 64.40 4.25 2008 - 2019 Points Yearly

Oman Business Last Previous Highest Lowest Unit
Changes in Inventories -25.60 993.80 1372.20 -1886.20 OMR Million [+]
Internet Speed 4927.03 4688.12 4927.03 545.91 KBps [+]
IP Addresses 210079.00 205027.00 643363.00 33555.00 IP [+]
Competitiveness Index 63.61 64.40 64.40 4.25 Points [+]
Competitiveness Rank 53.00 47.00 62.00 32.00 [+]
Ease of Doing Business 68.00 78.00 78.00 44.00 [+]
Electricity Production 2941.10 2431.30 4264.60 832.20 Gigawatt-hour [+]
Corruption Index 52.00 52.00 63.00 44.00 Points [+]
Corruption Rank 56.00 53.00 68.00 26.00 [+]


Oman Competitiveness Index
The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution.