IDA & IBRD total vs Oman: External balance on goods and services
External balance on goods and services over time
- IDA & IBRD total
- Oman
How they compare
Oman currently reports 17.3% against 1.0% in IDA & IBRD total, a difference of 16.3%.
That makes Oman's figure about 16.7 times IDA & IBRD total's.
The two have swapped places 4 times across 57 shared years of data; in 1967 it was Oman ahead.
IDA & IBRD total ranks 16th and Oman ranks 14th of 44 groups.
Oman has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | IDA & IBRD total | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -0.8% | 43.1% | 43.9% | Oman |
| 1970s | -0.9% | 21.9% | 22.9% | Oman |
| 1980s | -1.6% | 15.0% | 16.6% | Oman |
| 1990s | -0.6% | 12.1% | 12.7% | Oman |
| 2000s | 1.8% | 18.0% | 16.3% | Oman |
| 2010s | 0.3% | 14.1% | 13.8% | Oman |
| 2020s | 0.7% | 13.5% | 12.8% | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, IDA & IBRD total or Oman?
- Oman, at 17.3% against 1.0% in IDA & IBRD total as of 2024.
- What is the difference in external balance on goods and services between IDA & IBRD total and Oman?
- 16.3%, with Oman ahead.
- How many years of comparable data are there for IDA & IBRD total and Oman?
- 57 years are reported by both, from 1967 to 2024.
- How do IDA & IBRD total and Oman rank globally for external balance on goods and services?
- IDA & IBRD total ranks 16th and Oman ranks 14th of 44 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.