Oman’s tourism industry is on an ambitious growth trajectory, with plans to generate over 500,000 jobs and attract approximately OMR19 billion in investments by 2040. The expansion aligns with the country’s Vision 2040 strategy, positioning tourism as a key driver of economic diversification and sustainable development.
Minister of Heritage and Tourism, Salim Mohammed Al Mahrouqi, highlighted these projections during a recent address to the Shura Council, emphasizing the sector’s increasing contribution to Oman’s economy. The tourism industry’s GDP contribution is expected to reach OMR3 billion by 2030, accounting for 3.5% of the national GDP—an impressive leap from its current levels.
Steady Growth and Economic Impact
The tourism sector has demonstrated steady growth, with its economic contribution rising from OMR1.8 billion in 2019 to OMR2 billion in 2023. Similarly, the sector’s direct added value increased from OMR873 million to OMR1 billion during the same period, reinforcing its role as a key economic pillar.
Domestic tourism has also flourished, with local visitor numbers surging from 10 million in 2019 to 13 million in 2023. Domestic tourism spending followed suit, rising from OMR732 million to OMR830 million. This upward trend is fueled by ongoing investments, infrastructure upgrades, and efforts to enhance Oman’s appeal as a top-tier travel destination.
As Oman continues to develop its tourism infrastructure, including luxury resorts, heritage sites, and adventure tourism hubs, the sector is set to play a transformative role in shaping the nation’s economic landscape.