Secondary income, other sectors, payments in Oman
Oman: Secondary income, other sectors, payments was 9.18 billion BoP, current US$ in 2024. ◆ Volatile
Secondary income, other sectors, payments in Oman, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income, other sectors, payments in Oman is 9.18 billion BoP, current US$, measured in 2024.
Compared with earlier readings it is down 2.6% on the previous year and down 10.8% over ten years.
Over the whole period, secondary income, other sectors, payments in Oman peaked at 10.99 billion BoP, current US$ in 2015 and was at its lowest, 110.89 million BoP, current US$, in 1974.
That places Oman 27th out of 197 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Oman, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 110.89 million BoP, current US$ | — |
| 1975 | 208.16 million BoP, current US$ | +87.7% |
| 1976 | 219.75 million BoP, current US$ | +5.6% |
| 1977 | 221.77 million BoP, current US$ | +0.9% |
| 1978 | 241.17 million BoP, current US$ | +8.7% |
| 1979 | 281.41 million BoP, current US$ | +16.7% |
| 1980 | 396.64 million BoP, current US$ | +40.9% |
| 1981 | 497.97 million BoP, current US$ | +25.5% |
| 1982 | 596.41 million BoP, current US$ | +19.8% |
| 1983 | 735.38 million BoP, current US$ | +23.3% |
| 1984 | 859.88 million BoP, current US$ | +16.9% |
| 1985 | 946.74 million BoP, current US$ | +10.1% |
| 1986 | 884.86 million BoP, current US$ | -6.5% |
| 1987 | 741.22 million BoP, current US$ | -16.2% |
| 1988 | 801.04 million BoP, current US$ | +8.1% |
| 1989 | 829.65 million BoP, current US$ | +3.6% |
| 1990 | 855.66 million BoP, current US$ | +3.1% |
| 1991 | 910.27 million BoP, current US$ | +6.4% |
| 1992 | 1.22 billion BoP, current US$ | +34.0% |
| 1993 | 1.42 billion BoP, current US$ | +16.6% |
| 1994 | 1.37 billion BoP, current US$ | -4.0% |
| 1995 | 1.54 billion BoP, current US$ | +12.6% |
| 1996 | 1.37 billion BoP, current US$ | -10.8% |
| 1997 | 1.50 billion BoP, current US$ | +9.5% |
| 1998 | 1.47 billion BoP, current US$ | -2.3% |
| 1999 | 1.44 billion BoP, current US$ | -2.0% |
| 2000 | 1.45 billion BoP, current US$ | +0.9% |
| 2001 | 1.53 billion BoP, current US$ | +5.6% |
| 2002 | 1.60 billion BoP, current US$ | +4.6% |
| 2003 | 1.67 billion BoP, current US$ | +4.4% |
| 2004 | 1.83 billion BoP, current US$ | +9.2% |
| 2005 | 2.26 billion BoP, current US$ | +23.6% |
| 2006 | 2.79 billion BoP, current US$ | +23.5% |
| 2007 | 3.67 billion BoP, current US$ | +31.6% |
| 2008 | 5.18 billion BoP, current US$ | +41.2% |
| 2009 | 5.32 billion BoP, current US$ | +2.6% |
| 2010 | 5.70 billion BoP, current US$ | +7.3% |
| 2011 | 7.21 billion BoP, current US$ | +26.5% |
| 2012 | 8.09 billion BoP, current US$ | +12.1% |
| 2013 | 9.10 billion BoP, current US$ | +12.6% |
| 2014 | 10.30 billion BoP, current US$ | +13.1% |
| 2015 | 10.99 billion BoP, current US$ | +6.7% |
| 2016 | 10.31 billion BoP, current US$ | -6.2% |
| 2017 | 9.82 billion BoP, current US$ | -4.8% |
| 2018 | 9.96 billion BoP, current US$ | +1.5% |
| 2019 | 9.13 billion BoP, current US$ | -8.3% |
| 2020 | 8.77 billion BoP, current US$ | -4.0% |
| 2021 | 8.12 billion BoP, current US$ | -7.5% |
| 2022 | 9.07 billion BoP, current US$ | +11.7% |
| 2023 | 9.43 billion BoP, current US$ | +4.0% |
| 2024 | 9.18 billion BoP, current US$ | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 213.86 million BoP, current US$ | 110.89 million BoP, current US$ | 281.41 million BoP, current US$ | 6 |
| 1980s | 728.98 million BoP, current US$ | 396.64 million BoP, current US$ | 946.74 million BoP, current US$ | 10 |
| 1990s | 1.31 billion BoP, current US$ | 855.66 million BoP, current US$ | 1.54 billion BoP, current US$ | 10 |
| 2000s | 2.73 billion BoP, current US$ | 1.45 billion BoP, current US$ | 5.32 billion BoP, current US$ | 10 |
| 2010s | 9.06 billion BoP, current US$ | 5.70 billion BoP, current US$ | 10.99 billion BoP, current US$ | 10 |
| 2020s | 8.92 billion BoP, current US$ | 8.12 billion BoP, current US$ | 9.43 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)
- 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 secondary income, other sectors, payments in Oman?
- Secondary income, other sectors, payments in Oman was 9.18 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Oman?
- The highest recorded value was 10.99 billion BoP, current US$ in 2015.
- What is the lowest secondary income, other sectors, payments recorded in Oman?
- The lowest recorded value was 110.89 million BoP, current US$ in 1974.
- How does Oman rank for secondary income, other sectors, payments?
- Oman ranks 27th out of 197 countries with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Oman?
- Over the last ten years it is down 10.8%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.