Gross domestic savings in Oman
Oman: Gross domestic savings was 17.36 billion current LCU in 2024. ◆ Volatile
Latest (2024)
17.36 billion current LCU
Change on year
down 2.0%
World rank
127th
of 187 countries
All-time high
20.31 billion current LCU
in 2022
All-time low
16.50 million current LCU
in 1967
Years of data
58
1967–2024
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 187 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 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% |
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)
- GNI, Atlas method (current US$), annual growth rate 2.38 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9625 current US$ per US$ of GDP (2024)
- GNI, Atlas method (current US$), per capita 19,524 current US$ per person (2024)
- GNI (current US$), annual growth rate 0.6319 % change on previous year (2024)
- GNI (current US$), per unit of GDP 0.9424 current US$ per US$ of GDP (2024)
- GNI (current US$), per capita 19,118 current US$ per person (2024)
- GNI (current LCU), annual growth rate 0.6319 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 0.3624 current LCU per US$ of GDP (2024)
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 187 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.