Oman is the 53 most competitive nation in the world out of 140 countries ranked in the 2019 edition of the Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Rank in Oman averaged 43.42 from 2008 until 2019, reaching an all time high of 62 in 2016 and a record low of 32 in 2012. This page provides the latest reported value for - Oman Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Oman Competitiveness Rank - values, historical data and charts - was last updated on October of 2021.

Competitiveness Rank in Oman is expected to reach 47.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Competitiveness Rank is projected to trend around 47.00 in 2021, according to our econometric models.

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Oman Competitiveness Rank


Related Last Previous Unit Reference
Competitiveness Rank 53.00 47.00 Dec/19
Competitiveness Index 63.61 64.40 Points Dec/19
Oman Competitiveness Rank
The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing 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. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables 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.