Gross savings (current US$), per unit of GDP in Oman
Oman: Gross savings (current US$), per unit of GDP was 0.2771 current US$ per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.2771 current US$ per US$ of GDP
Change on year
down 4.3%
World rank
53rd
of 178 countries
All-time high
0.4921 current US$ per US$ of GDP
in 2008
All-time low
0.1135 current US$ per US$ of GDP
in 2020
Years of data
51
1974–2024
Gross savings (current US$), per unit of GDP in Oman, 1974–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross savings (current us$), per unit of gdp in Oman stood at 0.2771 current US$ per US$ of GDP.
Compared with earlier readings it is down 4.3% on the previous year and down 17.2% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Oman peaked at 0.4921 current US$ per US$ of GDP in 2008 and was at its lowest, 0.1135 current US$ per US$ of GDP, in 2020.
That places Oman 53rd out of 178 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Gross savings (current US$), per unit of GDP in Oman, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.3363 current US$ per US$ of GDP | — |
| 1975 | 0.3836 current US$ per US$ of GDP | +14.1% |
| 1976 | 0.3728 current US$ per US$ of GDP | -2.8% |
| 1977 | 0.4152 current US$ per US$ of GDP | +11.4% |
| 1978 | 0.2725 current US$ per US$ of GDP | -34.4% |
| 1979 | 0.405 current US$ per US$ of GDP | +48.7% |
| 1980 | 0.3865 current US$ per US$ of GDP | -4.6% |
| 1981 | 0.42 current US$ per US$ of GDP | +8.7% |
| 1982 | 0.3322 current US$ per US$ of GDP | -20.9% |
| 1983 | 0.329 current US$ per US$ of GDP | -1.0% |
| 1984 | 0.3338 current US$ per US$ of GDP | +1.5% |
| 1985 | 0.2774 current US$ per US$ of GDP | -16.9% |
| 1986 | 0.1782 current US$ per US$ of GDP | -35.8% |
| 1987 | 0.2859 current US$ per US$ of GDP | +60.5% |
| 1988 | 0.2142 current US$ per US$ of GDP | -25.1% |
| 1989 | 0.2633 current US$ per US$ of GDP | +22.9% |
| 1990 | 0.3538 current US$ per US$ of GDP | +34.4% |
| 1991 | 0.2899 current US$ per US$ of GDP | -18.1% |
| 1992 | 0.2772 current US$ per US$ of GDP | -4.4% |
| 1993 | 0.2419 current US$ per US$ of GDP | -12.7% |
| 1994 | 0.2598 current US$ per US$ of GDP | +7.4% |
| 1995 | 0.2539 current US$ per US$ of GDP | -2.3% |
| 1996 | 0.3007 current US$ per US$ of GDP | +18.4% |
| 1997 | 0.3058 current US$ per US$ of GDP | +1.7% |
| 1998 | 0.1905 current US$ per US$ of GDP | -37.7% |
| 1999 | 0.2507 current US$ per US$ of GDP | +31.6% |
| 2000 | 0.3665 current US$ per US$ of GDP | +46.2% |
| 2001 | 0.3246 current US$ per US$ of GDP | -11.4% |
| 2002 | 0.3333 current US$ per US$ of GDP | +2.7% |
| 2003 | 0.3526 current US$ per US$ of GDP | +5.8% |
| 2004 | 0.3679 current US$ per US$ of GDP | +4.3% |
| 2005 | 0.43 current US$ per US$ of GDP | +16.9% |
| 2006 | 0.4691 current US$ per US$ of GDP | +9.1% |
| 2007 | 0.4487 current US$ per US$ of GDP | -4.4% |
| 2008 | 0.4921 current US$ per US$ of GDP | +9.7% |
| 2009 | 0.3315 current US$ per US$ of GDP | -32.6% |
| 2010 | 0.369 current US$ per US$ of GDP | +11.3% |
| 2011 | 0.3921 current US$ per US$ of GDP | +6.2% |
| 2012 | 0.3918 current US$ per US$ of GDP | -0.1% |
| 2013 | 0.3815 current US$ per US$ of GDP | -2.6% |
| 2014 | 0.3349 current US$ per US$ of GDP | -12.2% |
| 2015 | 0.2248 current US$ per US$ of GDP | -32.9% |
| 2016 | 0.1939 current US$ per US$ of GDP | -13.8% |
| 2017 | 0.2057 current US$ per US$ of GDP | +6.1% |
| 2018 | 0.2726 current US$ per US$ of GDP | +32.5% |
| 2019 | 0.2224 current US$ per US$ of GDP | -18.4% |
| 2020 | 0.1135 current US$ per US$ of GDP | -49.0% |
| 2021 | 0.2238 current US$ per US$ of GDP | +97.2% |
| 2022 | 0.3128 current US$ per US$ of GDP | +39.8% |
| 2023 | 0.2895 current US$ per US$ of GDP | -7.4% |
| 2024 | 0.2771 current US$ per US$ of GDP | -4.3% |
Oman compared with similar countries
- Oman's 0.2771 current US$ per US$ of GDP is above the median for high income countries, which is 0.237 current US$ per US$ of GDP, 1.2× the median. (63 countries reporting)
- Oman's 0.2771 current US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.2586 current US$ per US$ of GDP, 1.1× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3642 current US$ per US$ of GDP | 0.2725 current US$ per US$ of GDP | 0.4152 current US$ per US$ of GDP | 6 |
| 1980s | 0.3021 current US$ per US$ of GDP | 0.1782 current US$ per US$ of GDP | 0.42 current US$ per US$ of GDP | 10 |
| 1990s | 0.2724 current US$ per US$ of GDP | 0.1905 current US$ per US$ of GDP | 0.3538 current US$ per US$ of GDP | 10 |
| 2000s | 0.3916 current US$ per US$ of GDP | 0.3246 current US$ per US$ of GDP | 0.4921 current US$ per US$ of GDP | 10 |
| 2010s | 0.2989 current US$ per US$ of GDP | 0.1939 current US$ per US$ of GDP | 0.3921 current US$ per US$ of GDP | 10 |
| 2020s | 0.2433 current US$ per US$ of GDP | 0.1135 current US$ per US$ of GDP | 0.3128 current US$ per US$ of GDP | 5 |
Countries ranked near Oman
- 50 Russia 0.2864 current US$ per US$ of GDP compare
- 51 Nicaragua 0.2848 current US$ per US$ of GDP compare
- 52 Czechia 0.2774 current US$ per US$ of GDP compare
- 54 Sri Lanka 0.276 current US$ per US$ of GDP compare
- 55 North Macedonia 0.2755 current US$ per US$ of GDP compare
- 56 Ecuador 0.2709 current US$ 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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Oman?
- Gross savings (current us$), per unit of gdp in Oman was 0.2771 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Oman?
- The highest recorded value was 0.4921 current US$ per US$ of GDP in 2008.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Oman?
- The lowest recorded value was 0.1135 current US$ per US$ of GDP in 2020.
- How does Oman rank for gross savings (current us$), per unit of gdp?
- Oman ranks 53rd out of 178 countries with data for 2024.
- Is gross savings (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.