Oman advances in Prosperity Index; ranked among top Arab countries

Oman Thursday 09/March/2023 09:46 AM
By: Times News Service
Oman advances in Prosperity Index; ranked among top Arab countries
The Sultanate ranked 67th globally in this year's Global Prosperity Index, compared to 68th in 2022

Muscat: The Sultanate of Oman advanced one position in the Global Prosperity Index for the year 2023, issued by the British Legatum Institute.

The Sultanate ranked 67th globally in this year's index, compared to 68th in 2022, and was ranked with the UAE, Qatar, Kuwait and Bahrain as the best Arab country in the Global Prosperity Index for the year 2023.

The Sultanate of Oman ranked 40th globally in the security and safety sub-index, 58th in the investment environment index, 83rd in the governance index, 88th in the human capital index, 48th in the entrepreneurship opportunities index, 48th in the infrastructure index, 63rd in the quality of the economy index, and the rank 55th in the health index and 83rd in the education index.

Denmark topped the index, which includes 167 countries, while South Sudan and Yemen came at the end of the classification.

The classification is concerned with measuring the efforts of 167 countries in promoting the well-being of citizens, and its classification depends on a number of axes, including security and safety, education and health, investment environment, individual freedoms, living conditions, and economic equality. It is based on data issued by international institutions such as the two health organisations universality and amnesty international.