Deposit interest rate in Oman
Oman: Deposit interest rate was 4.2% in 2021. ▼ Falling
Deposit interest rate in Oman, 1984–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Oman recorded 4.2% for deposit interest rate in 2021.
The figure is up 2.9% on the previous year and up 37.8% over ten years.
Over the whole period, deposit interest rate in Oman peaked at 9.0% in 1985 and was at its lowest, 1.9%, in 2015.
Oman ranks 73rd of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 38 years of available data.
Deposit interest rate in Oman, year by year
| Year | % | Change |
|---|---|---|
| 1984 | 9.0% | — |
| 1985 | 9.0% | +0.2% |
| 1986 | 8.4% | -7.1% |
| 1987 | 7.7% | -8.3% |
| 1988 | 7.4% | -4.1% |
| 1989 | 8.4% | +13.0% |
| 1990 | 8.3% | -0.8% |
| 1991 | 7.5% | -10.0% |
| 1992 | 6.4% | -14.9% |
| 1993 | 5.0% | -20.7% |
| 1994 | 3.8% | -24.5% |
| 1995 | 6.0% | +57.9% |
| 1996 | 6.4% | +7.4% |
| 1997 | 6.7% | +4.0% |
| 1998 | 7.8% | +16.4% |
| 1999 | 8.1% | +4.4% |
| 2000 | 7.7% | -5.7% |
| 2001 | 6.1% | -20.1% |
| 2002 | 3.3% | -45.7% |
| 2003 | 2.5% | -24.5% |
| 2004 | 2.3% | -10.4% |
| 2005 | 2.8% | +25.3% |
| 2006 | 3.8% | +34.2% |
| 2007 | 4.2% | +10.4% |
| 2008 | 3.9% | -6.9% |
| 2009 | 4.4% | +13.7% |
| 2010 | 3.8% | -15.0% |
| 2011 | 3.0% | -19.9% |
| 2012 | 2.7% | -10.7% |
| 2013 | 2.6% | -4.9% |
| 2014 | 2.2% | -13.8% |
| 2015 | 1.9% | -13.8% |
| 2016 | 2.6% | +34.7% |
| 2017 | 3.4% | +34.7% |
| 2018 | 3.6% | +3.7% |
| 2019 | 3.9% | +8.5% |
| 2020 | 4.0% | +4.1% |
| 2021 | 4.2% | +2.9% |
Oman compared with similar countries
- Oman's 4.2% is above the median for high income countries, which is 1.6%, 2.7× the median. (39 countries reporting)
- Oman's 4.2% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.4%, 94% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.3% | 7.4% | 9.0% | 6 |
| 1990s | 6.6% | 3.8% | 8.3% | 10 |
| 2000s | 4.1% | 2.3% | 7.7% | 10 |
| 2010s | 3.0% | 1.9% | 3.9% | 10 |
| 2020s | 4.1% | 4.0% | 4.2% | 2 |
Countries ranked near Oman
- 70 Bhutan 4.5% compare
- 71 United Kingdom 4.5% compare
- 72 Haiti 4.3% compare
- 74 Philippines 4.1% compare
- 75 New Zealand 3.9% compare
- 76 Bolivia 3.9% compare
More financial sector data for Oman
- Reserve position in the IMF, US dollar, annual growth rate 7.04 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 34.73 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.93 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 25.36 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.04 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 34.73 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.93 % change on previous year (2025)
Frequently asked questions
- What is deposit interest rate in Oman?
- Deposit interest rate in Oman was 4.2% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Oman?
- The highest recorded value was 9.0% in 1985.
- What is the lowest deposit interest rate recorded in Oman?
- The lowest recorded value was 1.9% in 2015.
- How does Oman rank for deposit interest rate?
- Oman ranks 73rd out of 153 countries with data for 2021.
- Is deposit interest rate rising or falling in Oman?
- Over the last ten years it is up 37.8%. The long-run trend across the full record is falling.
- Where does this Oman data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.