Research and Development's Impact on Economy
Spending on research and development in the Sultanate of Oman has shown a noticeable increase, rising from approximately 98 million Omani rials in 2021 to around 189 million rials in 2025, representing an increase of nearly 93% over four years. The report indicates that the private sector leads funding sources, accounting for 46% of total expenditure, followed by the government sector at 31%, and the higher education sector at 23%. However, the percentage of R&D spending relative to Gross Domestic Product (GDP) remains low at 0.45%, with the government aiming to raise it to 1% by 2030. The focus is on transforming research into products and an active economic market, as evidenced by the registration of 128 patents from 2020 to 2025. Nevertheless, the true economic impact of research outcomes is still being measured, as many results have yet to be translated into companies or market-ready products that contribute to economic growth.
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