Financial Development Index in Oman
Oman: Financial Development Index was 0.3695 in 2020. β² Rising
Financial Development Index in Oman, 1980β2020
Source: International Monetary Fund.
Analysis
Oman recorded 0.3695 for financial development index in 2020.
Compared with earlier readings it is down 2.0% on the previous year and up 2.2% over ten years.
Over the whole period, financial development index in Oman peaked at 0.4245 in 2008 and was at its lowest, 0.1868, in 1981.
Oman ranks 61st of 183 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2269 | 0.1868 | 0.2576 | 10 |
| 1990s | 0.2918 | 0.2319 | 0.4111 | 10 |
| 2000s | 0.365 | 0.3034 | 0.4245 | 10 |
| 2010s | 0.3611 | 0.3226 | 0.4011 | 10 |
| 2020s | 0.3695 | 0.3695 | 0.3695 | 1 |
Countries ranked near Oman
More financial sector data for Oman
- Net domestic credit (current LCU), per capita 5,319 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.2622 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 6.07 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 7.57 million SDR (2024)
- Gold reserves at market value 432.74 million SDR (2024)
- Reserves excluding gold, foreign exchange 12.71 billion SDR (2024)
- Reserves excluding gold 13.59 billion SDR (2024)
- Total reserves (gold at market value) 14.02 billion SDR (2024)
- Total reserves (gold at national valuation) 14.06 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 2,661 SDR per person (2024)
Frequently asked questions
- What is financial development index in Oman?
- Financial development index in Oman was 0.3695 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Oman?
- The highest recorded value was 0.4245 in 2008.
- What is the lowest financial development index recorded in Oman?
- The lowest recorded value was 0.1868 in 1981.
- How does Oman rank for financial development index?
- Oman ranks 61st out of 183 countries with data for 2020.
- Is financial development index rising or falling in Oman?
- Over the last ten years it is up 2.2%. The long-run trend across the full record is rising.
- Where does this Oman data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.