Primary income payments in Oman
Oman: Primary income payments was 7.26 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
7.26 billion BoP, current US$
Change on year
up 4.1%
World rank
67th
of 200 countries
All-time high
10.33 billion BoP, current US$
in 2022
All-time low
117.83 million BoP, current US$
in 1978
Years of data
51
1974–2024
Primary income payments in Oman, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, primary income payments in Oman stood at 7.26 billion BoP, current US$.
The figure is up 4.1% on the previous year and up 33.9% over ten years.
Over the whole period, primary income payments in Oman peaked at 10.33 billion BoP, current US$ in 2022 and was at its lowest, 117.83 million BoP, current US$, in 1978.
That places Oman 67th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments in Oman, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 310.07 million BoP, current US$ | — |
| 1975 | 311.81 million BoP, current US$ | +0.6% |
| 1976 | 220.32 million BoP, current US$ | -29.3% |
| 1977 | 159.53 million BoP, current US$ | -27.6% |
| 1978 | 117.83 million BoP, current US$ | -26.1% |
| 1979 | 149.10 million BoP, current US$ | +26.5% |
| 1980 | 352.35 million BoP, current US$ | +136.3% |
| 1981 | 415.17 million BoP, current US$ | +17.8% |
| 1982 | 471.34 million BoP, current US$ | +13.5% |
| 1983 | 490.16 million BoP, current US$ | +4.0% |
| 1984 | 559.93 million BoP, current US$ | +14.2% |
| 1985 | 687.62 million BoP, current US$ | +22.8% |
| 1986 | 668.09 million BoP, current US$ | -2.8% |
| 1987 | 609.62 million BoP, current US$ | -8.8% |
| 1988 | 572.17 million BoP, current US$ | -6.1% |
| 1989 | 588.30 million BoP, current US$ | +2.8% |
| 1990 | 628.87 million BoP, current US$ | +6.9% |
| 1991 | 595.58 million BoP, current US$ | -5.3% |
| 1992 | 738.88 million BoP, current US$ | +24.1% |
| 1993 | 688.17 million BoP, current US$ | -6.9% |
| 1994 | 724.06 million BoP, current US$ | +5.2% |
| 1995 | 699.09 million BoP, current US$ | -3.4% |
| 1996 | 693.20 million BoP, current US$ | -0.8% |
| 1997 | 775.60 million BoP, current US$ | +11.9% |
| 1998 | 839.80 million BoP, current US$ | +8.3% |
| 1999 | 846.10 million BoP, current US$ | +0.8% |
| 2000 | 1.13 billion BoP, current US$ | +33.4% |
| 2001 | 1.17 billion BoP, current US$ | +3.2% |
| 2002 | 961.51 million BoP, current US$ | -17.5% |
| 2003 | 857.22 million BoP, current US$ | -10.8% |
| 2004 | 1.15 billion BoP, current US$ | +34.4% |
| 2005 | 1.79 billion BoP, current US$ | +55.1% |
| 2006 | 2.41 billion BoP, current US$ | +34.8% |
| 2007 | 2.97 billion BoP, current US$ | +23.1% |
| 2008 | 3.83 billion BoP, current US$ | +29.0% |
| 2009 | 3.61 billion BoP, current US$ | -5.8% |
| 2010 | 4.30 billion BoP, current US$ | +19.3% |
| 2011 | 4.83 billion BoP, current US$ | +12.4% |
| 2012 | 5.18 billion BoP, current US$ | +7.3% |
| 2013 | 5.10 billion BoP, current US$ | -1.6% |
| 2014 | 5.42 billion BoP, current US$ | +6.2% |
| 2015 | 2.85 billion BoP, current US$ | -47.4% |
| 2016 | 2.97 billion BoP, current US$ | +4.2% |
| 2017 | 4.08 billion BoP, current US$ | +37.6% |
| 2018 | 6.32 billion BoP, current US$ | +54.8% |
| 2019 | 7.38 billion BoP, current US$ | +16.8% |
| 2020 | 6.36 billion BoP, current US$ | -13.8% |
| 2021 | 7.85 billion BoP, current US$ | +23.3% |
| 2022 | 10.33 billion BoP, current US$ | +31.6% |
| 2023 | 6.97 billion BoP, current US$ | -32.5% |
| 2024 | 7.26 billion BoP, current US$ | +4.1% |
Oman compared with similar countries
- Oman's 7.26 billion BoP, current US$ is below the median for high income countries, which is 16.26 billion BoP, current US$, 45% of the median. (72 countries reporting)
- Oman's 7.26 billion BoP, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.79 billion BoP, current US$, 1.9× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Primary income payments in Oman changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +136.3% | 149.10 million BoP, current US$ | 352.35 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 211.45 million BoP, current US$ | 117.83 million BoP, current US$ | 311.81 million BoP, current US$ | 6 |
| 1980s | 541.47 million BoP, current US$ | 352.35 million BoP, current US$ | 687.62 million BoP, current US$ | 10 |
| 1990s | 722.93 million BoP, current US$ | 595.58 million BoP, current US$ | 846.10 million BoP, current US$ | 10 |
| 2000s | 1.99 billion BoP, current US$ | 857.22 million BoP, current US$ | 3.83 billion BoP, current US$ | 10 |
| 2010s | 4.84 billion BoP, current US$ | 2.85 billion BoP, current US$ | 7.38 billion BoP, current US$ | 10 |
| 2020s | 7.75 billion BoP, current US$ | 6.36 billion BoP, current US$ | 10.33 billion BoP, current US$ | 5 |
Countries ranked near Oman
- 64 Serbia 7.90 billion BoP, current US$ compare
- 65 Cayman Islands 7.66 billion BoP, current US$ compare
- 66 Venezuela 7.53 billion BoP, current US$ compare
- 68 Bangladesh 6.91 billion BoP, current US$ compare
- 69 Croatia 6.82 billion BoP, current US$ compare
- 70 Uruguay 6.78 billion BoP, current US$ 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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is primary income payments in Oman?
- Primary income payments in Oman was 7.26 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Oman?
- The highest recorded value was 10.33 billion BoP, current US$ in 2022.
- What is the lowest primary income payments recorded in Oman?
- The lowest recorded value was 117.83 million BoP, current US$ in 1978.
- How does Oman rank for primary income payments?
- Oman ranks 67th out of 200 countries with data for 2024.
- Is primary income payments rising or falling in Oman?
- Over the last ten years it is up 33.9%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.