Total reserves minus gold in Oman
Oman: Total reserves minus gold was 17.72 billion current US$ in 2024. ◆ Volatile
Total reserves minus gold in Oman, 1970–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, total reserves minus gold in Oman stood at 17.72 billion current US$.
Compared with earlier readings it is up 2.5% on the previous year and up 8.6% over ten years.
Over the whole period, total reserves minus gold in Oman peaked at 20.26 billion current US$ in 2016 and was at its lowest, 10.25 million current US$, in 1970.
That places Oman 62nd out of 182 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves minus gold in Oman, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 10.25 million current US$ | — |
| 1971 | 24.44 million current US$ | +138.4% |
| 1972 | 36.40 million current US$ | +49.0% |
| 1973 | 47.05 million current US$ | +29.3% |
| 1974 | 92.94 million current US$ | +97.5% |
| 1975 | 161.33 million current US$ | +73.6% |
| 1976 | 219.59 million current US$ | +36.1% |
| 1977 | 289.56 million current US$ | +31.9% |
| 1978 | 254.06 million current US$ | -12.3% |
| 1979 | 415.59 million current US$ | +63.6% |
| 1980 | 581.36 million current US$ | +39.9% |
| 1981 | 744.35 million current US$ | +28.0% |
| 1982 | 872.41 million current US$ | +17.2% |
| 1983 | 762.58 million current US$ | -12.6% |
| 1984 | 900.16 million current US$ | +18.0% |
| 1985 | 1.09 billion current US$ | +21.1% |
| 1986 | 967.95 million current US$ | -11.2% |
| 1987 | 1.40 billion current US$ | +44.9% |
| 1988 | 1.05 billion current US$ | -24.8% |
| 1989 | 1.35 billion current US$ | +28.5% |
| 1990 | 1.67 billion current US$ | +23.5% |
| 1991 | 2.54 billion current US$ | +51.8% |
| 1992 | 2.32 billion current US$ | -8.4% |
| 1993 | 1.80 billion current US$ | -22.4% |
| 1994 | 1.65 billion current US$ | -8.7% |
| 1995 | 1.83 billion current US$ | +11.2% |
| 1996 | 1.96 billion current US$ | +7.2% |
| 1997 | 2.07 billion current US$ | +5.5% |
| 1998 | 1.94 billion current US$ | -6.4% |
| 1999 | 2.77 billion current US$ | +42.8% |
| 2000 | 2.38 billion current US$ | -14.0% |
| 2001 | 2.36 billion current US$ | -0.6% |
| 2002 | 3.17 billion current US$ | +34.2% |
| 2003 | 3.59 billion current US$ | +13.2% |
| 2004 | 3.60 billion current US$ | +0.1% |
| 2005 | 4.36 billion current US$ | +21.1% |
| 2006 | 5.01 billion current US$ | +15.1% |
| 2007 | 9.52 billion current US$ | +89.9% |
| 2008 | 11.58 billion current US$ | +21.6% |
| 2009 | 12.20 billion current US$ | +5.4% |
| 2010 | 13.02 billion current US$ | +6.7% |
| 2011 | 14.37 billion current US$ | +10.3% |
| 2012 | 14.40 billion current US$ | +0.2% |
| 2013 | 15.95 billion current US$ | +10.8% |
| 2014 | 16.32 billion current US$ | +2.3% |
| 2015 | 17.54 billion current US$ | +7.5% |
| 2016 | 20.26 billion current US$ | +15.5% |
| 2017 | 16.09 billion current US$ | -20.6% |
| 2018 | 17.39 billion current US$ | +8.1% |
| 2019 | 16.66 billion current US$ | -4.2% |
| 2020 | 15.01 billion current US$ | -9.9% |
| 2021 | 19.73 billion current US$ | +31.5% |
| 2022 | 17.50 billion current US$ | -11.3% |
| 2023 | 17.30 billion current US$ | -1.1% |
| 2024 | 17.72 billion current US$ | +2.5% |
Oman compared with similar countries
- Oman's 17.72 billion current US$ is below the median for high income countries, which is 24.46 billion current US$, 72% of the median. (63 countries reporting)
- Oman's 17.72 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 17.72 billion current US$, 1.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 155.12 million current US$ | 10.25 million current US$ | 415.59 million current US$ | 10 |
| 1980s | 972.97 million current US$ | 581.36 million current US$ | 1.40 billion current US$ | 10 |
| 1990s | 2.06 billion current US$ | 1.65 billion current US$ | 2.77 billion current US$ | 10 |
| 2000s | 5.78 billion current US$ | 2.36 billion current US$ | 12.20 billion current US$ | 10 |
| 2010s | 16.20 billion current US$ | 13.02 billion current US$ | 20.26 billion current US$ | 10 |
| 2020s | 17.45 billion current US$ | 15.01 billion current US$ | 19.73 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)
- 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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is total reserves minus gold in Oman?
- Total reserves minus gold in Oman was 17.72 billion current US$ in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves minus gold recorded in Oman?
- The highest recorded value was 20.26 billion current US$ in 2016.
- What is the lowest total reserves minus gold recorded in Oman?
- The lowest recorded value was 10.25 million current US$ in 1970.
- How does Oman rank for total reserves minus gold?
- Oman ranks 62nd out of 182 countries with data for 2024.
- Is total reserves minus gold rising or falling in Oman?
- Over the last ten years it is up 8.6%. 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 minus gold (current US$). Statizoid updates them automatically from the source API.
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About this data
This series includes external assets (excluding 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.