Gross domestic savings (current LCU) in Oman
Oman: Gross domestic savings (current LCU) was 17.36 billion current LCU in 2024. ◆ Volatile
Gross domestic savings in Oman, 1967–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross domestic savings in Oman is 17.36 billion current LCU, measured in 2024.
Compared with earlier readings it is down 2.0% on the previous year and down 1.1% over ten years.
Over the whole period, gross domestic savings in Oman peaked at 20.31 billion current LCU in 2022 and was at its lowest, 16.50 million current LCU, in 1967.
That places Oman 127th out of 188 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current LCU) in Oman, year by year
| Year | current LCU | Change |
|---|---|---|
| 1967 | 16.50 million current LCU | — |
| 1968 | 53.50 million current LCU | +224.2% |
| 1969 | 72.00 million current LCU | +34.6% |
| 1970 | 72.40 million current LCU | +0.6% |
| 1971 | 77.70 million current LCU | +7.3% |
| 1972 | 64.00 million current LCU | -17.6% |
| 1973 | 65.80 million current LCU | +2.8% |
| 1974 | 321.70 million current LCU | +388.9% |
| 1975 | 380.10 million current LCU | +18.2% |
| 1976 | 461.80 million current LCU | +21.5% |
| 1977 | 432.10 million current LCU | -6.4% |
| 1978 | 363.30 million current LCU | -15.9% |
| 1979 | 597.80 million current LCU | +64.5% |
| 1980 | 977.10 million current LCU | +63.4% |
| 1981 | 1.24 billion current LCU | +27.3% |
| 1982 | 1.10 billion current LCU | -11.9% |
| 1983 | 1.15 billion current LCU | +5.2% |
| 1984 | 1.30 billion current LCU | +12.8% |
| 1985 | 1.39 billion current LCU | +7.1% |
| 1986 | 848.70 million current LCU | -39.0% |
| 1987 | 1.16 billion current LCU | +36.7% |
| 1988 | 1.09 billion current LCU | -6.1% |
| 1989 | 1.34 billion current LCU | +23.4% |
| 1990 | 2.26 billion current LCU | +68.6% |
| 1991 | 1.85 billion current LCU | -18.5% |
| 1992 | 2.12 billion current LCU | +15.1% |
| 1993 | 2.00 billion current LCU | -6.0% |
| 1994 | 2.13 billion current LCU | +6.7% |
| 1995 | 2.25 billion current LCU | +5.7% |
| 1996 | 2.73 billion current LCU | +21.0% |
| 1997 | 2.90 billion current LCU | +6.6% |
| 1998 | 1.93 billion current LCU | -33.5% |
| 1999 | 2.52 billion current LCU | +30.7% |
| 2000 | 4.02 billion current LCU | +59.1% |
| 2001 | 3.73 billion current LCU | -7.2% |
| 2002 | 3.94 billion current LCU | +5.8% |
| 2003 | 4.20 billion current LCU | +6.6% |
| 2004 | 4.87 billion current LCU | +15.7% |
| 2005 | 7.13 billion current LCU | +46.6% |
| 2006 | 9.01 billion current LCU | +26.3% |
| 2007 | 10.05 billion current LCU | +11.6% |
| 2008 | 16.26 billion current LCU | +61.8% |
| 2009 | 10.24 billion current LCU | -37.0% |
| 2010 | 12.79 billion current LCU | +25.0% |
| 2011 | 16.05 billion current LCU | +25.4% |
| 2012 | 18.01 billion current LCU | +12.2% |
| 2013 | 17.94 billion current LCU | -0.4% |
| 2014 | 17.54 billion current LCU | -2.2% |
| 2015 | 11.89 billion current LCU | -32.2% |
| 2016 | 10.36 billion current LCU | -12.9% |
| 2017 | 11.29 billion current LCU | +9.0% |
| 2018 | 15.35 billion current LCU | +36.0% |
| 2019 | 13.33 billion current LCU | -13.2% |
| 2020 | 8.71 billion current LCU | -34.6% |
| 2021 | 12.95 billion current LCU | +48.6% |
| 2022 | 20.31 billion current LCU | +56.8% |
| 2023 | 17.71 billion current LCU | -12.8% |
| 2024 | 17.36 billion current LCU | -2.0% |
Oman compared with similar countries
- Oman's 17.36 billion current LCU is below the median for high income countries, which is 134.59 billion current LCU, 13% of the median. (67 countries reporting)
- Oman's 17.36 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 93.87 billion current LCU, 18% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (current LCU) in Oman changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +388.9% | 65.80 million current LCU | 321.70 million current LCU |
| 1968 | +224.2% | 16.50 million current LCU | 53.50 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 47.33 million current LCU | 16.50 million current LCU | 72.00 million current LCU | 3 |
| 1970s | 283.67 million current LCU | 64.00 million current LCU | 597.80 million current LCU | 10 |
| 1980s | 1.16 billion current LCU | 848.70 million current LCU | 1.39 billion current LCU | 10 |
| 1990s | 2.27 billion current LCU | 1.85 billion current LCU | 2.90 billion current LCU | 10 |
| 2000s | 7.34 billion current LCU | 3.73 billion current LCU | 16.26 billion current LCU | 10 |
| 2010s | 14.46 billion current LCU | 10.36 billion current LCU | 18.01 billion current LCU | 10 |
| 2020s | 15.41 billion current LCU | 8.71 billion current LCU | 20.31 billion current LCU | 5 |
Countries ranked near Oman
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)
- SDRs holdings, US dollar, annual growth rate 2.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 178.8 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0065 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 130.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.33 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0051 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings in Oman?
- Gross domestic savings in Oman was 17.36 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Oman?
- The highest recorded value was 20.31 billion current LCU in 2022.
- What is the lowest gross domestic savings recorded in Oman?
- The lowest recorded value was 16.50 million current LCU in 1967.
- How does Oman rank for gross domestic savings?
- Oman ranks 127th out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in Oman?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is volatile.
- 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 Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.