Net secondary income (Net current transfers from abroad) (current US$) in Oman
Oman: Net secondary income (Net current transfers from abroad) was -9.29 billion current US$ 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 US$.
Analysis
The most recent figure for net secondary income (net current transfers from abroad) in Oman is -9.29 billion current US$, measured 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 -1.50 billion current US$ in 1999 and was at its lowest, -11.24 billion current US$, in 2015.
That places Oman 187th out of 203 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Oman, year by year
| Year | current US$ | Change |
|---|---|---|
| 1998 | -1.53 billion current US$ | — |
| 1999 | -1.50 billion current US$ | -2.1% |
| 2000 | -1.52 billion current US$ | +1.3% |
| 2001 | -1.60 billion current US$ | +5.5% |
| 2002 | -1.67 billion current US$ | +4.4% |
| 2003 | -1.75 billion current US$ | +4.7% |
| 2004 | -1.91 billion current US$ | +9.3% |
| 2005 | -2.35 billion current US$ | +22.7% |
| 2006 | -2.89 billion current US$ | +23.2% |
| 2007 | -3.79 billion current US$ | +31.1% |
| 2008 | -5.34 billion current US$ | +40.9% |
| 2009 | -5.48 billion current US$ | +2.6% |
| 2010 | -5.88 billion current US$ | +7.3% |
| 2011 | -7.41 billion current US$ | +26.0% |
| 2012 | -8.26 billion current US$ | +11.5% |
| 2013 | -9.32 billion current US$ | +12.8% |
| 2014 | -10.54 billion current US$ | +13.1% |
| 2015 | -11.24 billion current US$ | +6.6% |
| 2016 | -10.56 billion current US$ | -6.0% |
| 2017 | -9.82 billion current US$ | -7.1% |
| 2018 | -9.96 billion current US$ | +1.5% |
| 2019 | -9.13 billion current US$ | -8.3% |
| 2020 | -8.77 billion current US$ | -4.0% |
| 2021 | -8.16 billion current US$ | -6.9% |
| 2022 | -9.12 billion current US$ | +11.7% |
| 2023 | -9.48 billion current US$ | +4.0% |
| 2024 | -9.29 billion current US$ | -2.0% |
Oman compared with similar countries
- Oman's -9.29 billion current US$ is below the median for high income countries, which is -387.92 million current US$, 24.0× the median. (73 countries reporting)
- Oman's -9.29 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.17 billion current US$. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.51 billion current US$ | -1.53 billion current US$ | -1.50 billion current US$ | 2 |
| 2000s | -2.83 billion current US$ | -5.48 billion current US$ | -1.52 billion current US$ | 10 |
| 2010s | -9.21 billion current US$ | -11.24 billion current US$ | -5.88 billion current US$ | 10 |
| 2020s | -8.97 billion current US$ | -9.48 billion current US$ | -8.16 billion 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)
- SDRs holdings, US dollar, annual growth rate 2.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 178.8 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0065 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 130.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.33 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0051 units per US$ of GDP (2025)
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 -9.29 billion current US$ 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 -1.50 billion current US$ in 1999.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Oman?
- The lowest recorded value was -11.24 billion current US$ in 2015.
- How does Oman rank for net secondary income (net current transfers from abroad)?
- Oman ranks 187th out of 203 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 US$). 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 indicator is expressed in United States dollars.