Bank deposits to GDP in Oman
Oman: Bank deposits to GDP was 56.2% in 2019. ▲ Rising
Bank deposits to GDP in Oman, 1972–2019
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank deposits to gdp in Oman is 56.2%, measured in 2019. That is the highest value across all 48 years on record.
That represents a change of up 6.8% on the previous year and up 44.0% over ten years.
Over the whole period, bank deposits to gdp in Oman peaked at 56.2% in 2019 and was at its lowest, 9.9%, in 1974.
Oman ranks 96th of 185 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 48 years of available data.
Bank deposits to GDP in Oman, year by year
| Year | % | Change |
|---|---|---|
| 1972 | 23.1% | — |
| 1973 | 18.6% | -19.5% |
| 1974 | 9.9% | -46.6% |
| 1975 | 11.0% | +10.7% |
| 1976 | 13.2% | +20.4% |
| 1977 | 16.0% | +21.1% |
| 1978 | 17.6% | +9.8% |
| 1979 | 13.3% | -24.1% |
| 1980 | 11.1% | -16.4% |
| 1981 | 13.3% | +19.7% |
| 1982 | 16.9% | +26.7% |
| 1983 | 20.6% | +21.8% |
| 1984 | 20.5% | -0.5% |
| 1985 | 21.9% | +7.2% |
| 1986 | 25.2% | +14.8% |
| 1987 | 24.6% | -2.3% |
| 1988 | 24.7% | +0.5% |
| 1989 | 24.5% | -1.1% |
| 1990 | 21.3% | -12.9% |
| 1991 | 23.4% | +9.7% |
| 1992 | 21.9% | -6.5% |
| 1993 | 22.5% | +3.0% |
| 1994 | 23.3% | +3.5% |
| 1995 | 24.0% | +3.1% |
| 1996 | 23.9% | -0.7% |
| 1997 | 29.4% | +23.2% |
| 1998 | 35.1% | +19.1% |
| 1999 | 33.3% | -5.1% |
| 2000 | 28.4% | -14.7% |
| 2001 | 31.4% | +10.8% |
| 2002 | 31.9% | +1.7% |
| 2003 | 30.4% | -4.8% |
| 2004 | 27.5% | -9.6% |
| 2005 | 26.7% | -2.9% |
| 2006 | 27.8% | +4.2% |
| 2007 | 34.3% | +23.3% |
| 2008 | 29.5% | -14.0% |
| 2009 | 39.1% | +32.4% |
| 2010 | 36.4% | -6.8% |
| 2011 | 34.2% | -6.1% |
| 2012 | 33.8% | -1.2% |
| 2013 | 35.6% | +5.3% |
| 2014 | 38.9% | +9.2% |
| 2015 | 52.3% | +34.5% |
| 2016 | 56.2% | +7.5% |
| 2017 | 54.2% | -3.5% |
| 2018 | 52.7% | -2.9% |
| 2019 | 56.2% | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.3% | 9.9% | 23.1% | 8 |
| 1980s | 20.3% | 11.1% | 25.2% | 10 |
| 1990s | 25.8% | 21.3% | 35.1% | 10 |
| 2000s | 30.7% | 26.7% | 39.1% | 10 |
| 2010s | 45.0% | 33.8% | 56.2% | 10 |
Countries ranked near Oman
- 93 Panama 57.4% compare
- 94 Hungary 56.8% compare
- 95 Montenegro 56.7% compare
- 97 Timor-Leste 55.8% compare
- 98 Kosovo 55.5% compare
- 98 Kosovo (UNSCR 1244) 55.5% compare
More financial sector data for Oman
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 5.54 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1187 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 2,407 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 5.4 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 2,573 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 7.78 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 2,655 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 7.77 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 2,661 SDR per person (2024)
- Total reserves (gold at national valuation) 14.06 billion SDR (2024)
Frequently asked questions
- What is bank deposits to gdp in Oman?
- Bank deposits to gdp in Oman was 56.2% in 2019, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Oman?
- The highest recorded value was 56.2% in 2019.
- What is the lowest bank deposits to gdp recorded in Oman?
- The lowest recorded value was 9.9% in 1974.
- How does Oman rank for bank deposits to gdp?
- Oman ranks 96th out of 185 countries with data for 2019.
- Is bank deposits to gdp rising or falling in Oman?
- Over the last ten years it is up 44.0%. The long-run trend across the full record is rising.
- Where does this Oman data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).