Total reserves in Oman
Oman: Total reserves was 18.29 billion includes gold, current US$ in 2024. ◆ Volatile
Latest (2024)
18.29 billion includes gold, current US$
Change on year
up 4.8%
World rank
70th
of 182 countries
All-time high
20.26 billion includes gold, current US$
in 2016
All-time low
12.64 million includes gold, current US$
in 1970
Years of data
55
1970–2024
Total reserves in Oman, 1970–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in includes gold, current US$.
Analysis
In 2024, total reserves in Oman stood at 18.29 billion includes gold, current US$.
That represents a change of up 4.8% on the previous year and up 12.0% over ten years.
Over the whole period, total reserves in Oman peaked at 20.26 billion includes gold, current US$ in 2016 and was at its lowest, 12.64 million includes gold, current US$, in 1970.
Oman ranks 70th of 182 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves in Oman, year by year
| Year | includes gold, current US$ | Change |
|---|---|---|
| 1970 | 12.64 million includes gold, current US$ | — |
| 1971 | 25.05 million includes gold, current US$ | +98.2% |
| 1972 | 37.31 million includes gold, current US$ | +48.9% |
| 1973 | 48.62 million includes gold, current US$ | +30.3% |
| 1974 | 98.53 million includes gold, current US$ | +102.7% |
| 1975 | 165.54 million includes gold, current US$ | +68.0% |
| 1976 | 225.81 million includes gold, current US$ | +36.4% |
| 1977 | 306.30 million includes gold, current US$ | +35.6% |
| 1978 | 296.00 million includes gold, current US$ | -3.4% |
| 1979 | 511.38 million includes gold, current US$ | +72.8% |
| 1980 | 704.46 million includes gold, current US$ | +37.8% |
| 1981 | 853.18 million includes gold, current US$ | +21.1% |
| 1982 | 999.75 million includes gold, current US$ | +17.2% |
| 1983 | 872.45 million includes gold, current US$ | -12.7% |
| 1984 | 989.19 million includes gold, current US$ | +13.4% |
| 1985 | 1.18 billion includes gold, current US$ | +19.8% |
| 1986 | 1.08 billion includes gold, current US$ | -8.8% |
| 1987 | 1.54 billion includes gold, current US$ | +42.7% |
| 1988 | 1.17 billion includes gold, current US$ | -24.0% |
| 1989 | 1.47 billion includes gold, current US$ | +25.4% |
| 1990 | 1.78 billion includes gold, current US$ | +21.3% |
| 1991 | 2.64 billion includes gold, current US$ | +48.1% |
| 1992 | 2.42 billion includes gold, current US$ | -8.3% |
| 1993 | 1.92 billion includes gold, current US$ | -20.8% |
| 1994 | 1.76 billion includes gold, current US$ | -8.3% |
| 1995 | 1.94 billion includes gold, current US$ | +10.6% |
| 1996 | 2.07 billion includes gold, current US$ | +6.5% |
| 1997 | 2.15 billion includes gold, current US$ | +4.1% |
| 1998 | 2.02 billion includes gold, current US$ | -6.2% |
| 1999 | 2.85 billion includes gold, current US$ | +41.1% |
| 2000 | 2.46 billion includes gold, current US$ | -13.8% |
| 2001 | 2.45 billion includes gold, current US$ | -0.6% |
| 2002 | 3.17 billion includes gold, current US$ | +29.8% |
| 2003 | 3.59 billion includes gold, current US$ | +13.2% |
| 2004 | 3.60 billion includes gold, current US$ | +0.1% |
| 2005 | 4.36 billion includes gold, current US$ | +21.1% |
| 2006 | 5.01 billion includes gold, current US$ | +15.1% |
| 2007 | 9.52 billion includes gold, current US$ | +89.9% |
| 2008 | 11.58 billion includes gold, current US$ | +21.6% |
| 2009 | 12.20 billion includes gold, current US$ | +5.4% |
| 2010 | 13.03 billion includes gold, current US$ | +6.7% |
| 2011 | 14.37 billion includes gold, current US$ | +10.3% |
| 2012 | 14.40 billion includes gold, current US$ | +0.2% |
| 2013 | 15.95 billion includes gold, current US$ | +10.8% |
| 2014 | 16.32 billion includes gold, current US$ | +2.3% |
| 2015 | 17.54 billion includes gold, current US$ | +7.5% |
| 2016 | 20.26 billion includes gold, current US$ | +15.5% |
| 2017 | 16.09 billion includes gold, current US$ | -20.6% |
| 2018 | 17.39 billion includes gold, current US$ | +8.1% |
| 2019 | 16.66 billion includes gold, current US$ | -4.2% |
| 2020 | 15.01 billion includes gold, current US$ | -9.9% |
| 2021 | 19.73 billion includes gold, current US$ | +31.5% |
| 2022 | 17.61 billion includes gold, current US$ | -10.8% |
| 2023 | 17.45 billion includes gold, current US$ | -0.9% |
| 2024 | 18.29 billion includes gold, current US$ | +4.8% |
Oman compared with similar countries
- Oman's 18.29 billion includes gold, current US$ is below the median for high income countries, which is 47.15 billion includes gold, current US$, 39% of the median. (63 countries reporting)
- Oman's 18.29 billion includes gold, current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 26.56 billion includes gold, current US$, 69% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 172.72 million includes gold, current US$ | 12.64 million includes gold, current US$ | 511.38 million includes gold, current US$ | 10 |
| 1980s | 1.09 billion includes gold, current US$ | 704.46 million includes gold, current US$ | 1.54 billion includes gold, current US$ | 10 |
| 1990s | 2.16 billion includes gold, current US$ | 1.76 billion includes gold, current US$ | 2.85 billion includes gold, current US$ | 10 |
| 2000s | 5.80 billion includes gold, current US$ | 2.45 billion includes gold, current US$ | 12.20 billion includes gold, current US$ | 10 |
| 2010s | 16.20 billion includes gold, current US$ | 13.03 billion includes gold, current US$ | 20.26 billion includes gold, current US$ | 10 |
| 2020s | 17.62 billion includes gold, current US$ | 15.01 billion includes gold, current US$ | 19.73 billion includes gold, current US$ | 5 |
Countries ranked near Oman
- 67 Nepal 21.10 billion includes gold, current US$ compare
- 68 Syria 20.63 billion includes gold, current US$ compare
- 69 Uruguay 18.99 billion includes gold, current US$ compare
- 71 Slovakia 18.16 billion includes gold, current US$ compare
- 72 Costa Rica 17.09 billion includes gold, current US$ compare
- 73 Dominican Republic 14.78 billion includes gold, 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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is total reserves in Oman?
- Total reserves in Oman was 18.29 billion includes gold, current US$ in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves recorded in Oman?
- The highest recorded value was 20.26 billion includes gold, current US$ in 2016.
- What is the lowest total reserves recorded in Oman?
- The lowest recorded value was 12.64 million includes gold, current US$ in 1970.
- How does Oman rank for total reserves?
- Oman ranks 70th out of 182 countries with data for 2024.
- Is total reserves rising or falling in Oman?
- Over the last ten years it is up 12.0%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves (includes gold, current US$). Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. 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.