Domestic credit to private sector in Oman
Oman: Domestic credit to private sector was 65.1% in 2019. ◆ Volatile
Domestic credit to private sector in Oman, 1972–2019
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2019, domestic credit to private sector in Oman stood at 65.1%.
Compared with earlier readings it is up 6.7% on the previous year and up 39.5% over ten years.
Over the whole period, domestic credit to private sector in Oman peaked at 66.7% in 2016 and was at its lowest, 4.7%, in 1972.
That places Oman 64th out of 187 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector in Oman, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 4.7% | — |
| 1973 | 11.1% | +136.7% |
| 1974 | 11.6% | +4.0% |
| 1975 | 11.9% | +2.5% |
| 1976 | 13.6% | +14.5% |
| 1977 | 17.6% | +29.8% |
| 1978 | 21.0% | +18.8% |
| 1979 | 17.3% | -17.6% |
| 1980 | 13.7% | -20.6% |
| 1981 | 13.4% | -2.6% |
| 1982 | 14.5% | +8.3% |
| 1983 | 17.1% | +18.4% |
| 1984 | 18.6% | +8.6% |
| 1985 | 19.5% | +5.1% |
| 1986 | 24.1% | +23.4% |
| 1987 | 22.9% | -4.9% |
| 1988 | 23.7% | +3.5% |
| 1989 | 22.9% | -3.6% |
| 1990 | 20.6% | -9.8% |
| 1991 | 21.4% | +4.0% |
| 1992 | 21.5% | +0.3% |
| 1993 | 22.7% | +5.3% |
| 1994 | 24.7% | +9.1% |
| 1995 | 25.6% | +3.5% |
| 1996 | 26.6% | +4.1% |
| 1997 | 35.6% | +33.8% |
| 1998 | 47.6% | +33.6% |
| 1999 | 46.4% | -2.5% |
| 2000 | 37.5% | -19.3% |
| 2001 | 40.1% | +7.1% |
| 2002 | 38.9% | -3.1% |
| 2003 | 36.8% | -5.4% |
| 2004 | 34.2% | -7.0% |
| 2005 | 30.6% | -10.4% |
| 2006 | 30.7% | +0.3% |
| 2007 | 35.6% | +15.7% |
| 2008 | 35.1% | -1.2% |
| 2009 | 46.7% | +33.0% |
| 2010 | 38.2% | -18.2% |
| 2011 | 36.1% | -5.5% |
| 2012 | 36.8% | +2.0% |
| 2013 | 37.8% | +2.7% |
| 2014 | 41.0% | +8.4% |
| 2015 | 58.2% | +41.9% |
| 2016 | 66.7% | +14.6% |
| 2017 | 65.9% | -1.1% |
| 2018 | 61.1% | -7.4% |
| 2019 | 65.1% | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.6% | 4.7% | 21.0% | 8 |
| 1980s | 19.0% | 13.4% | 24.1% | 10 |
| 1990s | 29.3% | 20.6% | 47.6% | 10 |
| 2000s | 36.6% | 30.6% | 46.7% | 10 |
| 2010s | 50.7% | 36.1% | 66.7% | 10 |
Countries ranked near Oman
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 domestic credit to private sector in Oman?
- Domestic credit to private sector in Oman was 65.1% in 2019, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Oman?
- The highest recorded value was 66.7% in 2016.
- What is the lowest domestic credit to private sector recorded in Oman?
- The lowest recorded value was 4.7% in 1972.
- How does Oman rank for domestic credit to private sector?
- Oman ranks 64th out of 187 countries with data for 2019.
- Is domestic credit to private sector rising or falling in Oman?
- Over the last ten years it is up 39.5%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.