Oman's Economy to Grow 3.5% in 2026 on Favourable Trade Logistics, S&P Says

Oman's economy to grow 3.5% in 2026 on favourable trade logistics, S&P says

Agency keeps sultanate's credit rating at investment grade

S&P affirms Oman at BBB-, raises 2026 growth forecast to 3.5%

RIYADH: S&P Global Ratings affirmed Oman’s long-term sovereign credit rating at “BBB-” and its short-term rating at “A-3”, with a stable outlook, while raising its 2026 economic growth forecast for the sultanate to 3.5 percent. The agency had previously forecast growth of 1.6 percent. The revision reflects higher oil and gas production and Oman’s ability to maintain energy exports through ports with direct access to the Arabian Sea, reducing its…

Oman holds investment-grade rating as S&P sees GDP growth of 3.5%

Muscat: S&P has raised its forecast for Oman’s real GDP growth in 2026 to around 3.5 percent, significantly higher than its previous projection of 1.6 percent, reflecting an improvement in the Sultanate’s economic outlook. On the public finance front, the agency expects Oman to record a fiscal surplus of around 4.8 percent of GDP in 2026, followed by a surplus of approximately 2.2 percent in 2027. The report also highlighted the continued improv…