Oman Expects 3.4% Economic Growth, Boosted by FDI and Credit Upgrade

Oman, 28 April, 2025 : Oman's GDP is expected to grow by 3.4% in 2025, outperforming many global economies, according to Qais bin Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion. Speaking at the Advantage Oman Forum on April 27, Al Yousef highlighted the resilience of Oman's national economy and strong international market confidence.

He also noted a 16.2% increase in foreign direct investment (FDI) inflows in Q3 2024 compared to the same period in 2023. Furthermore, Oman's credit rating was upgraded to BBB- with a stable outlook by Standard & Poor’s.

The Advantage Oman Forum, organized by the Ministry of Commerce, Industry, and Investment Promotion, gathered over 250 decision-makers, business leaders, and investors, showcasing Oman as a prime investment destination amidst rising international growth indicators.