As an expert in international development and economics, I can provide a comprehensive analysis of the status of Oman as a country in terms of its development. However, before diving into the specifics, it's important to clarify that the classification of a country as "developing" or "developed" is not a binary or static label. It involves a range of economic, social, and political indicators that can change over time due to various factors such as policy changes, global economic shifts, and technological advancements. Economic Growth and Per Capita Income: The economic transformation of Oman has been significant, particularly since the 1970s when it began to benefit from its oil reserves. The increase in per capita income from $360 in 1970 to $7000 in 1991, and further to $20,200 in 2008, as mentioned, is a testament to this growth. Such an increase in income can be indicative of a country's move towards a higher level of economic development. Leadership and Economic Policy: The leadership of Sultan Qaboos bin Said al-Said, who ruled from 1970 until his death in 2020, played a pivotal role in Oman's development. His government's focus on economic development strategies, including diversification away from oil dependency, has been a key factor in the country's progress. Diversification Efforts: Recognizing the need to diversify its economy, Oman has been investing in sectors such as tourism, fisheries, and mining to reduce its reliance on oil revenues. This is a strategic move that many countries undertake to achieve sustainable economic growth and to prepare for a future where oil may not be as dominant an energy source. Human Development Index (HDI): Another important measure of a country's development is the Human Development Index (HDI), which takes into account life expectancy, education, and income. Oman's HDI ranking has been improving, reflecting advancements in these areas. Infrastructure and Social Services: Investments in infrastructure, education, and healthcare are also indicative of a country's development status. Oman has made strides in these areas, building modern infrastructure and providing social services that are crucial for the well-being of its citizens. Challenges and Considerations: Despite these advancements, Oman, like many countries, faces challenges. The global economic landscape, including fluctuations in oil prices, can impact its development trajectory. Additionally, the country must continue to address issues related to unemployment, especially among the youth, and ensure that the benefits of economic growth are equitably distributed. Current Status: As of my last update, Oman is classified as a high-income economy by the World Bank, which is a step towards being considered a developed country. However, the transition from a developing to a developed country is a complex process that involves more than just economic indicators. It also includes the establishment of robust democratic institutions, the rule of law, and a high standard of living for all citizens. In conclusion, while Oman has made significant progress and has elements of a developed country, it is still addressing the challenges that are common to many nations in a similar stage of development. The country's future status will depend on its ability to continue its economic diversification, maintain political stability, and improve the quality of life for its citizens. read more >>

Oman transformed itself from a developing country to a developed one, its per capita income rose from $360 in 1970, to $7000 in 1991, to $20,200 in 2008. Sultan Qaboos bin Said al-Said has ruled the country since 1970. His government has focused on economic development.Oct 11, 2010read more >>