Net financial account in Oman
Oman: Net financial account was 2.09 billion BoP, current US$ in 2024. ◆ Volatile
Net financial account in Oman, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net financial account in Oman stood at 2.09 billion BoP, current US$.
The figure is up 55.9% on the previous year and down 33.4% over ten years.
Over the whole period, net financial account in Oman peaked at 7.72 billion BoP, current US$ in 2011 and was at its lowest, -13.10 billion BoP, current US$, in 2016.
Oman ranks 38th of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial account in Oman, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 60.80 million BoP, current US$ | — |
| 1975 | -89.17 million BoP, current US$ | -246.7% |
| 1976 | -332.95 million BoP, current US$ | +273.4% |
| 1977 | 37.06 million BoP, current US$ | -111.1% |
| 1978 | -200.06 million BoP, current US$ | -639.8% |
| 1979 | 291.55 million BoP, current US$ | -245.7% |
| 1980 | 881.59 million BoP, current US$ | +202.4% |
| 1981 | 1.21 billion BoP, current US$ | +37.2% |
| 1982 | 551.82 million BoP, current US$ | -54.4% |
| 1983 | 28.08 million BoP, current US$ | -94.9% |
| 1984 | -123.63 million BoP, current US$ | -540.2% |
| 1985 | -331.50 million BoP, current US$ | +168.2% |
| 1986 | -1.63 billion BoP, current US$ | +391.3% |
| 1987 | 306.37 million BoP, current US$ | -118.8% |
| 1988 | -691.29 million BoP, current US$ | -325.6% |
| 1989 | 338.62 million BoP, current US$ | -149.0% |
| 1990 | 633.03 million BoP, current US$ | +86.9% |
| 1991 | 32.77 million BoP, current US$ | -94.8% |
| 1992 | -199.48 million BoP, current US$ | -708.7% |
| 1993 | -979.45 million BoP, current US$ | +391.0% |
| 1994 | -886.87 million BoP, current US$ | -9.5% |
| 1995 | -411.70 million BoP, current US$ | -53.6% |
| 1996 | -73.80 million BoP, current US$ | -82.1% |
| 1997 | 482.01 million BoP, current US$ | -753.1% |
| 1998 | -2.26 billion BoP, current US$ | -568.2% |
| 1999 | 75.09 million BoP, current US$ | -103.3% |
| 2000 | 2.63 billion BoP, current US$ | +3402.5% |
| 2001 | 1.51 billion BoP, current US$ | -42.4% |
| 2002 | 1.11 billion BoP, current US$ | -26.5% |
| 2003 | 910.69 million BoP, current US$ | -18.1% |
| 2004 | 505.85 million BoP, current US$ | -44.5% |
| 2005 | 4.30 billion BoP, current US$ | +750.5% |
| 2006 | 5.56 billion BoP, current US$ | +29.2% |
| 2007 | 3.50 billion BoP, current US$ | -37.0% |
| 2008 | 5.59 billion BoP, current US$ | +59.6% |
| 2009 | -1.36 billion BoP, current US$ | -124.4% |
| 2010 | 5.91 billion BoP, current US$ | -533.4% |
| 2011 | 7.72 billion BoP, current US$ | +30.6% |
| 2012 | 6.83 billion BoP, current US$ | -11.5% |
| 2013 | 5.84 billion BoP, current US$ | -14.6% |
| 2014 | 3.14 billion BoP, current US$ | -46.2% |
| 2015 | -10.90 billion BoP, current US$ | -447.4% |
| 2016 | -13.10 billion BoP, current US$ | +20.2% |
| 2017 | -11.28 billion BoP, current US$ | -13.9% |
| 2018 | -4.24 billion BoP, current US$ | -62.4% |
| 2019 | -4.33 billion BoP, current US$ | +2.0% |
| 2020 | -11.49 billion BoP, current US$ | +165.6% |
| 2021 | -5.33 billion BoP, current US$ | -53.6% |
| 2022 | 3.35 billion BoP, current US$ | -162.8% |
| 2023 | 1.34 billion BoP, current US$ | -60.0% |
| 2024 | 2.09 billion BoP, current US$ | +55.9% |
Oman compared with similar countries
- Oman's 2.09 billion BoP, current US$ is above the median for high income countries, which is 162.16 million BoP, current US$, 12.9× the median. (71 countries reporting)
- Oman's 2.09 billion BoP, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 422.89 million BoP, current US$, 4.9× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Net financial account in Oman changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +3402.5% | 75.09 million BoP, current US$ | 2.63 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -38.80 million BoP, current US$ | -332.95 million BoP, current US$ | 291.55 million BoP, current US$ | 6 |
| 1980s | 54.08 million BoP, current US$ | -1.63 billion BoP, current US$ | 1.21 billion BoP, current US$ | 10 |
| 1990s | -358.52 million BoP, current US$ | -2.26 billion BoP, current US$ | 633.03 million BoP, current US$ | 10 |
| 2000s | 2.43 billion BoP, current US$ | -1.36 billion BoP, current US$ | 5.59 billion BoP, current US$ | 10 |
| 2010s | -1.44 billion BoP, current US$ | -13.10 billion BoP, current US$ | 7.72 billion BoP, current US$ | 10 |
| 2020s | -2.01 billion BoP, current US$ | -11.49 billion BoP, current US$ | 3.35 billion BoP, current US$ | 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)
- 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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is net financial account in Oman?
- Net financial account in Oman was 2.09 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Oman?
- The highest recorded value was 7.72 billion BoP, current US$ in 2011.
- What is the lowest net financial account recorded in Oman?
- The lowest recorded value was -13.10 billion BoP, current US$ in 2016.
- How does Oman rank for net financial account?
- Oman ranks 38th out of 199 countries with data for 2024.
- Is net financial account rising or falling in Oman?
- Over the last ten years it is down 33.4%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.