Adjusted savings: net national savings in Oman
Oman: Adjusted savings: net national savings was 11.6% in 2021. ◆ Volatile
Adjusted savings: net national savings in Oman, 1974–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Oman recorded 11.6% for adjusted savings: net national savings in 2021.
The figure is up 148.8% on the previous year and down 57.3% over ten years.
Over the whole period, adjusted savings: net national savings in Oman peaked at 37.5% in 1977 and was at its lowest, -2.7%, in 1993.
That places Oman 73rd out of 177 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Oman, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1974 | 31.9% | — |
| 1975 | 37.2% | +16.6% |
| 1976 | 34.0% | -8.6% |
| 1977 | 37.5% | +10.1% |
| 1978 | 22.1% | -41.1% |
| 1979 | 35.7% | +61.8% |
| 1980 | 33.8% | -5.5% |
| 1981 | 37.0% | +9.7% |
| 1982 | 27.0% | -27.0% |
| 1983 | 26.7% | -1.4% |
| 1984 | 27.1% | +1.8% |
| 1985 | 21.7% | -19.9% |
| 1986 | 8.2% | -62.5% |
| 1987 | 19.3% | +136.8% |
| 1988 | 10.0% | -48.2% |
| 1989 | 16.8% | +67.5% |
| 1990 | 13.2% | -21.4% |
| 1991 | 3.0% | -77.3% |
| 1992 | 2.1% | -28.9% |
| 1993 | -2.7% | -227.5% |
| 1994 | -0.7% | -76.0% |
| 1995 | -0.8% | +23.6% |
| 1996 | 5.7% | -811.6% |
| 1997 | 6.1% | +6.6% |
| 1998 | -0.6% | -109.2% |
| 1999 | 7.3% | -1401.5% |
| 2000 | 23.2% | +215.9% |
| 2001 | 18.4% | -20.5% |
| 2002 | 21.2% | +15.2% |
| 2003 | 20.3% | -4.2% |
| 2004 | 20.4% | +0.2% |
| 2005 | 29.2% | +43.4% |
| 2006 | 32.6% | +11.6% |
| 2007 | 28.5% | -12.8% |
| 2008 | 37.4% | +31.2% |
| 2009 | 12.9% | -65.5% |
| 2010 | 27.5% | +112.9% |
| 2011 | 27.0% | -1.6% |
| 2012 | 27.8% | +2.8% |
| 2013 | 26.0% | -6.5% |
| 2014 | 20.0% | -23.1% |
| 2015 | 6.8% | -66.0% |
| 2016 | 3.5% | -48.0% |
| 2017 | 6.3% | +79.0% |
| 2018 | 21.5% | +240.1% |
| 2019 | 16.0% | -25.6% |
| 2020 | 4.6% | -70.9% |
| 2021 | 11.6% | +148.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.1% | 22.1% | 37.5% | 6 |
| 1980s | 22.8% | 8.2% | 37.0% | 10 |
| 1990s | 3.3% | -2.7% | 13.2% | 10 |
| 2000s | 24.4% | 12.9% | 37.4% | 10 |
| 2010s | 18.2% | 3.5% | 27.8% | 10 |
| 2020s | 8.1% | 4.6% | 11.6% | 2 |
Countries ranked near Oman
- 70 Peru 12.0% compare
- 71 Switzerland 12.0% compare
- 72 Netherlands 11.8% compare
- 74 Syrian Arab Republic 11.2% compare
- 75 Mali 11.0% compare
- 76 Benin 10.9% 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)
- Gross capital formation (current US$), annual growth rate -5.96 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2485 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 5,040 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -5.96 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.0955 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 1,938 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -5.9 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.224 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: net national savings in Oman?
- Adjusted savings: net national savings in Oman was 11.6% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Oman?
- The highest recorded value was 37.5% in 1977.
- What is the lowest adjusted savings: net national savings recorded in Oman?
- The lowest recorded value was -2.7% in 1993.
- How does Oman rank for adjusted savings: net national savings?
- Oman ranks 73rd out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Oman?
- Over the last ten years it is down 57.3%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.