diff --git a/openml/cli.py b/openml/cli.py
index d0a46e498..fa10c65ac 100644
--- a/openml/cli.py
+++ b/openml/cli.py
@@ -10,6 +10,7 @@
 from urllib.parse import urlparse
 
 from openml import config
+from openml.__version__ import __version__
 
 
 def is_hex(string_: str) -> bool:
@@ -331,6 +332,13 @@ def main() -> None:
     subroutines = {"configure": configure}
 
     parser = argparse.ArgumentParser()
+    # Add a global --version flag to display installed version and exit
+    parser.add_argument(
+        "--version",
+        action="version",
+        version=f"%(prog)s {__version__}",
+        help="Show the OpenML version and exit",
+    )
     subparsers = parser.add_subparsers(dest="subroutine")
 
     parser_configure = subparsers.add_parser(
diff --git a/tests/test_openml/test_cli.py b/tests/test_openml/test_cli.py
new file mode 100644
index 000000000..763fa7e18
--- /dev/null
+++ b/tests/test_openml/test_cli.py
@@ -0,0 +1,42 @@
+# License: BSD 3-Clause
+from __future__ import annotations
+
+import shutil
+import subprocess
+import sys
+
+import openml
+import pytest
+
+
+def test_cli_version_prints_package_version():
+    # Invoke the CLI via module to avoid relying on console script installation
+    result = subprocess.run(
+        [sys.executable, "-m", "openml.cli", "--version"],
+        stdout=subprocess.PIPE,
+        stderr=subprocess.PIPE,
+        text=True,
+        check=False,
+    )
+
+    # Ensure successful exit and version present in output
+    assert result.returncode == 0
+    assert openml.__version__ in (result.stdout + result.stderr)
+
+
+def test_console_script_version_prints_package_version():
+    # Try to locate the console script; skip if not installed in PATH
+    console = shutil.which("openml")
+    if console is None:
+        pytest.skip("'openml' console script not found in PATH")
+
+    result = subprocess.run(
+        [console, "--version"],
+        stdout=subprocess.PIPE,
+        stderr=subprocess.PIPE,
+        text=True,
+        check=False,
+    )
+
+    assert result.returncode == 0
+    assert openml.__version__ in (result.stdout + result.stderr)