Adjusted savings: gross savings in Oman
Oman: Adjusted savings: gross savings was 18.8% in 2021. ▼ Falling
Adjusted savings: gross savings in Oman, 1974–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2021, adjusted savings: gross savings in Oman stood at 18.8%.
Compared with earlier readings it is up 53.7% on the previous year and down 54.5% over ten years.
Over the whole period, adjusted savings: gross savings in Oman peaked at 46.9% in 2008 and was at its lowest, 8.8%, in 1993.
Oman ranks 113th of 178 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 48 years of available data.
Adjusted savings: gross savings in Oman, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1974 | 40.9% | — |
| 1975 | 44.6% | +9.3% |
| 1976 | 40.7% | -8.8% |
| 1977 | 44.1% | +8.3% |
| 1978 | 28.4% | -35.5% |
| 1979 | 42.2% | +48.4% |
| 1980 | 40.4% | -4.3% |
| 1981 | 43.4% | +7.5% |
| 1982 | 33.9% | -21.9% |
| 1983 | 33.7% | -0.7% |
| 1984 | 34.2% | +1.6% |
| 1985 | 28.7% | -16.2% |
| 1986 | 18.0% | -37.3% |
| 1987 | 28.9% | +60.7% |
| 1988 | 22.3% | -23.0% |
| 1989 | 27.1% | +21.6% |
| 1990 | 22.5% | -16.9% |
| 1991 | 14.3% | -36.5% |
| 1992 | 13.1% | -7.8% |
| 1993 | 8.8% | -33.2% |
| 1994 | 11.0% | +25.3% |
| 1995 | 10.2% | -7.0% |
| 1996 | 16.1% | +57.3% |
| 1997 | 16.8% | +4.3% |
| 1998 | 12.6% | -24.8% |
| 1999 | 19.7% | +56.1% |
| 2000 | 32.8% | +66.6% |
| 2001 | 28.6% | -13.0% |
| 2002 | 28.8% | +1.0% |
| 2003 | 30.7% | +6.5% |
| 2004 | 32.0% | +4.1% |
| 2005 | 39.4% | +23.2% |
| 2006 | 43.2% | +9.6% |
| 2007 | 40.7% | -5.6% |
| 2008 | 46.9% | +15.1% |
| 2009 | 28.9% | -38.3% |
| 2010 | 42.3% | +46.4% |
| 2011 | 41.4% | -2.2% |
| 2012 | 41.3% | -0.3% |
| 2013 | 39.6% | -4.2% |
| 2014 | 35.1% | -11.3% |
| 2015 | 23.1% | -34.1% |
| 2016 | 19.9% | -13.8% |
| 2017 | 21.1% | +5.8% |
| 2018 | 28.9% | +36.9% |
| 2019 | 23.9% | -17.2% |
| 2020 | 12.3% | -48.7% |
| 2021 | 18.8% | +53.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 40.1% | 28.4% | 44.6% | 6 |
| 1980s | 31.1% | 18.0% | 43.4% | 10 |
| 1990s | 14.5% | 8.8% | 22.5% | 10 |
| 2000s | 35.2% | 28.6% | 46.9% | 10 |
| 2010s | 31.7% | 19.9% | 42.3% | 10 |
| 2020s | 15.5% | 12.3% | 18.8% | 2 |
Countries ranked near Oman
- 110 Romania 19.3% compare
- 111 Slovakia 19.3% compare
- 112 Congo 19.1% compare
- 114 New Zealand 18.8% compare
- 115 Lao People's Democratic Republic 18.4% compare
- 116 Solomon Islands 18.2% compare
More economy & growth data for Oman
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.93 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.18 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 9.72 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.395 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 8,012 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth 4.35 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 4.35 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 10.37 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0108 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 215.39 current LCU per person (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Oman?
- Adjusted savings: gross savings in Oman was 18.8% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Oman?
- The highest recorded value was 46.9% in 2008.
- What is the lowest adjusted savings: gross savings recorded in Oman?
- The lowest recorded value was 8.8% in 1993.
- How does Oman rank for adjusted savings: gross savings?
- Oman ranks 113th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Oman?
- Over the last ten years it is down 54.5%. The long-run trend across the full record is falling.
- Where does this Oman data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.