Middle income vs Oman: External balance on goods and services
External balance on goods and services over time
- Middle income
- Oman
How they compare
Oman currently reports 17.3% against 1.1% in Middle income, a difference of 16.2%.
That makes Oman's figure about 15.6 times Middle income's.
The two have swapped places 4 times across 57 shared years of data; in 1967 it was Oman ahead.
Middle income ranks 15th 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 | Middle income | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -1.0% | 43.1% | 44.1% | Oman |
| 1970s | -1.0% | 21.9% | 23.0% | Oman |
| 1980s | -1.6% | 15.0% | 16.6% | Oman |
| 1990s | -1.0% | 12.1% | 13.1% | Oman |
| 2000s | 1.5% | 18.0% | 16.5% | Oman |
| 2010s | 0.1% | 14.1% | 14.0% | Oman |
| 2020s | 0.5% | 13.5% | 13.0% | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Middle income or Oman?
- Oman, at 17.3% against 1.1% in Middle income as of 2024.
- What is the difference in external balance on goods and services between Middle income and Oman?
- 16.2%, with Oman ahead.
- How many years of comparable data are there for Middle income and Oman?
- 57 years are reported by both, from 1967 to 2024.
- How do Middle income and Oman rank globally for external balance on goods and services?
- Middle income ranks 15th 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.