Net secondary income (Net current transfers from abroad) in Oman
Oman: Net secondary income (Net current transfers from abroad) was -3.57 billion current LCU in 2024. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Oman, 1998–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Oman recorded -3.57 billion current LCU for net secondary income (net current transfers from abroad) in 2024.
That represents a change of up 2.0% on the previous year and up 11.8% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Oman peaked at -575.03 million current LCU in 1999 and was at its lowest, -4.32 billion current LCU, in 2015.
Oman ranks 166th of 202 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Oman, year by year
| Year | current LCU | Change |
|---|---|---|
| 1998 | -587.62 million current LCU | — |
| 1999 | -575.03 million current LCU | -2.1% |
| 2000 | -582.64 million current LCU | +1.3% |
| 2001 | -614.88 million current LCU | +5.5% |
| 2002 | -642.01 million current LCU | +4.4% |
| 2003 | -672.04 million current LCU | +4.7% |
| 2004 | -734.88 million current LCU | +9.4% |
| 2005 | -901.93 million current LCU | +22.7% |
| 2006 | -1.11 billion current LCU | +23.2% |
| 2007 | -1.46 billion current LCU | +31.1% |
| 2008 | -2.05 billion current LCU | +40.9% |
| 2009 | -2.11 billion current LCU | +2.6% |
| 2010 | -2.26 billion current LCU | +7.3% |
| 2011 | -2.85 billion current LCU | +26.0% |
| 2012 | -3.18 billion current LCU | +11.5% |
| 2013 | -3.58 billion current LCU | +12.8% |
| 2014 | -4.05 billion current LCU | +13.1% |
| 2015 | -4.32 billion current LCU | +6.6% |
| 2016 | -4.06 billion current LCU | -6.0% |
| 2017 | -3.77 billion current LCU | -7.1% |
| 2018 | -3.83 billion current LCU | +1.4% |
| 2019 | -3.51 billion current LCU | -8.3% |
| 2020 | -3.37 billion current LCU | -4.0% |
| 2021 | -3.14 billion current LCU | -6.9% |
| 2022 | -3.50 billion current LCU | +11.7% |
| 2023 | -3.65 billion current LCU | +4.0% |
| 2024 | -3.57 billion current LCU | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -581.33 million current LCU | -587.62 million current LCU | -575.03 million current LCU | 2 |
| 2000s | -1.09 billion current LCU | -2.11 billion current LCU | -582.64 million current LCU | 10 |
| 2010s | -3.54 billion current LCU | -4.32 billion current LCU | -2.26 billion current LCU | 10 |
| 2020s | -3.45 billion current LCU | -3.65 billion current LCU | -3.14 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)
- Gross domestic savings (current US$), annual growth rate -1.98 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.4214 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 8,548 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate -1.98 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.162 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 3,287 current LCU per person (2024)
- 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)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Oman?
- Net secondary income (net current transfers from abroad) in Oman was -3.57 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Oman?
- The highest recorded value was -575.03 million current LCU in 1999.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Oman?
- The lowest recorded value was -4.32 billion current LCU in 2015.
- How does Oman rank for net secondary income (net current transfers from abroad)?
- Oman ranks 166th out of 202 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) rising or falling in Oman?
- Over the last ten years it is up 11.8%. 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 Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.