Gross savings (current LCU), per unit of GDP in Oman
Oman: Gross savings (current LCU), per unit of GDP was 0.1066 current LCU per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.1066 current LCU per US$ of GDP
Change on year
down 4.3%
World rank
167th
of 178 countries
All-time high
0.1892 current LCU per US$ of GDP
in 2008
All-time low
0.0436 current LCU per US$ of GDP
in 2020
Years of data
51
1974–2024
Gross savings (current LCU), per unit of GDP in Oman, 1974–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Oman recorded 0.1066 current LCU per US$ of GDP for gross savings (current lcu), per unit of gdp in 2024.
The figure is down 4.3% on the previous year and down 17.2% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Oman peaked at 0.1892 current LCU per US$ of GDP in 2008 and was at its lowest, 0.0436 current LCU per US$ of GDP, in 2020.
Oman ranks 167th of 178 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 51 years of available data.
Gross savings (current LCU), per unit of GDP in Oman, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.1162 current LCU per US$ of GDP | — |
| 1975 | 0.1325 current LCU per US$ of GDP | +14.1% |
| 1976 | 0.1288 current LCU per US$ of GDP | -2.8% |
| 1977 | 0.1434 current LCU per US$ of GDP | +11.4% |
| 1978 | 0.0941 current LCU per US$ of GDP | -34.4% |
| 1979 | 0.1399 current LCU per US$ of GDP | +48.7% |
| 1980 | 0.1335 current LCU per US$ of GDP | -4.6% |
| 1981 | 0.1451 current LCU per US$ of GDP | +8.7% |
| 1982 | 0.1147 current LCU per US$ of GDP | -20.9% |
| 1983 | 0.1136 current LCU per US$ of GDP | -1.0% |
| 1984 | 0.1153 current LCU per US$ of GDP | +1.5% |
| 1985 | 0.0958 current LCU per US$ of GDP | -16.9% |
| 1986 | 0.0681 current LCU per US$ of GDP | -29.0% |
| 1987 | 0.1099 current LCU per US$ of GDP | +61.5% |
| 1988 | 0.0824 current LCU per US$ of GDP | -25.1% |
| 1989 | 0.1013 current LCU per US$ of GDP | +22.9% |
| 1990 | 0.1361 current LCU per US$ of GDP | +34.4% |
| 1991 | 0.1115 current LCU per US$ of GDP | -18.1% |
| 1992 | 0.1066 current LCU per US$ of GDP | -4.4% |
| 1993 | 0.093 current LCU per US$ of GDP | -12.7% |
| 1994 | 0.0999 current LCU per US$ of GDP | +7.4% |
| 1995 | 0.0976 current LCU per US$ of GDP | -2.3% |
| 1996 | 0.1156 current LCU per US$ of GDP | +18.4% |
| 1997 | 0.1176 current LCU per US$ of GDP | +1.7% |
| 1998 | 0.0733 current LCU per US$ of GDP | -37.7% |
| 1999 | 0.0964 current LCU per US$ of GDP | +31.6% |
| 2000 | 0.1409 current LCU per US$ of GDP | +46.2% |
| 2001 | 0.1248 current LCU per US$ of GDP | -11.4% |
| 2002 | 0.1281 current LCU per US$ of GDP | +2.7% |
| 2003 | 0.1356 current LCU per US$ of GDP | +5.8% |
| 2004 | 0.1415 current LCU per US$ of GDP | +4.3% |
| 2005 | 0.1653 current LCU per US$ of GDP | +16.9% |
| 2006 | 0.1804 current LCU per US$ of GDP | +9.1% |
| 2007 | 0.1725 current LCU per US$ of GDP | -4.4% |
| 2008 | 0.1892 current LCU per US$ of GDP | +9.7% |
| 2009 | 0.1275 current LCU per US$ of GDP | -32.6% |
| 2010 | 0.1419 current LCU per US$ of GDP | +11.3% |
| 2011 | 0.1507 current LCU per US$ of GDP | +6.2% |
| 2012 | 0.1506 current LCU per US$ of GDP | -0.1% |
| 2013 | 0.1467 current LCU per US$ of GDP | -2.6% |
| 2014 | 0.1288 current LCU per US$ of GDP | -12.2% |
| 2015 | 0.0864 current LCU per US$ of GDP | -32.9% |
| 2016 | 0.0745 current LCU per US$ of GDP | -13.8% |
| 2017 | 0.0791 current LCU per US$ of GDP | +6.1% |
| 2018 | 0.1048 current LCU per US$ of GDP | +32.5% |
| 2019 | 0.0855 current LCU per US$ of GDP | -18.4% |
| 2020 | 0.0436 current LCU per US$ of GDP | -49.0% |
| 2021 | 0.086 current LCU per US$ of GDP | +97.2% |
| 2022 | 0.1203 current LCU per US$ of GDP | +39.8% |
| 2023 | 0.1113 current LCU per US$ of GDP | -7.4% |
| 2024 | 0.1066 current LCU per US$ of GDP | -4.3% |
Oman compared with similar countries
- Oman's 0.1066 current LCU per US$ of GDP is below the median for high income countries, which is 0.313 current LCU per US$ of GDP, 34% of the median. (63 countries reporting)
- Oman's 0.1066 current LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.08 current LCU per US$ of GDP, 10% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1258 current LCU per US$ of GDP | 0.0941 current LCU per US$ of GDP | 0.1434 current LCU per US$ of GDP | 6 |
| 1980s | 0.108 current LCU per US$ of GDP | 0.0681 current LCU per US$ of GDP | 0.1451 current LCU per US$ of GDP | 10 |
| 1990s | 0.1047 current LCU per US$ of GDP | 0.0733 current LCU per US$ of GDP | 0.1361 current LCU per US$ of GDP | 10 |
| 2000s | 0.1506 current LCU per US$ of GDP | 0.1248 current LCU per US$ of GDP | 0.1892 current LCU per US$ of GDP | 10 |
| 2010s | 0.1149 current LCU per US$ of GDP | 0.0745 current LCU per US$ of GDP | 0.1507 current LCU per US$ of GDP | 10 |
| 2020s | 0.0936 current LCU per US$ of GDP | 0.0436 current LCU per US$ of GDP | 0.1203 current LCU per US$ of GDP | 5 |
Countries ranked near Oman
- 164 Bahrain 0.1256 current LCU per US$ of GDP compare
- 165 Luxembourg 0.1248 current LCU per US$ of GDP compare
- 166 Cyprus 0.1137 current LCU per US$ of GDP compare
- 168 Greece 0.0996 current LCU per US$ of GDP compare
- 169 Palestine 0.0919 current LCU per US$ of GDP compare
- 170 Solomon Islands 0.0914 current LCU per US$ of GDP 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -142.78 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0013 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -27.03 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 12.47 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -0.6369 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1164 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,360 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Oman?
- Gross savings (current lcu), per unit of gdp in Oman was 0.1066 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Oman?
- The highest recorded value was 0.1892 current LCU per US$ of GDP in 2008.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Oman?
- The lowest recorded value was 0.0436 current LCU per US$ of GDP in 2020.
- How does Oman rank for gross savings (current lcu), per unit of gdp?
- Oman ranks 167th out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Oman?
- Over the last ten years it is down 17.2%. The long-run trend across the full record is falling.
- Where does this Oman data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.