Standard Chartered Predicts Oman 3.5% Growth in 2026/2027

Standard Chartered Bank reports anticipate that Oman's gross domestic product (GDP) will grow by 3.5% in both 2026 and 2027, supported by the resilience of non-oil sectors, particularly logistics and manufacturing, along with continued investments linked to Oman Vision 2040. The bank also predicts an improvement in fiscal conditions, with fiscal surpluses rising to 4.6% and 3.6% of GDP in 2026 and 2027 respectively. Public debt is expected to decline to approximately 33% and 31% of GDP by these years. Additionally, it is projected that the current account surplus will exceed 5% of GDP in 2026, further strengthening Oman’s strategic position as a hub for investment and boosting the growth of non-oil sectors. This outlook aims to sustain economic growth and enhance Oman’s stature as a regional and global investment destination.

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