Financial Institutions Access Index in Oman
Oman: Financial Institutions Access Index was 0.3435 in 2020. ▲ Rising
Financial Institutions Access Index in Oman, 1980–2020
Source: International Monetary Fund.
Analysis
Oman recorded 0.3435 for financial institutions access index in 2020.
That represents a change of up 0.4% on the previous year and down 16.1% over ten years.
Over the whole period, financial institutions access index in Oman peaked at 0.5026 in 2001 and was at its lowest, 0.2306, in 1981.
Oman ranks 90th 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 | 0.3002 | 0.2306 | 0.3517 | 10 |
| 1990s | 0.3667 | 0.306 | 0.4827 | 10 |
| 2000s | 0.4311 | 0.3943 | 0.5026 | 10 |
| 2010s | 0.3564 | 0.3204 | 0.4094 | 10 |
| 2020s | 0.3435 | 0.3435 | 0.3435 | 1 |
Countries ranked near Oman
- 87 São Tomé and Príncipe, Democratic Republic of 0.3494 compare
- 88 Albania 0.3492 compare
- 89 Malaysia 0.3478 compare
- 91 St. Vincent and the Grenadines 0.3358 compare
- 92 Colombia 0.3348 compare
- 93 Latvia, Republic of 0.3335 compare
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)
- Domestic credit to private sector by banks 63.2% (2024)
Frequently asked questions
- What is financial institutions access index in Oman?
- Financial institutions access index in Oman was 0.3435 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Oman?
- The highest recorded value was 0.5026 in 2001.
- What is the lowest financial institutions access index recorded in Oman?
- The lowest recorded value was 0.2306 in 1981.
- How does Oman rank for financial institutions access index?
- Oman ranks 90th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Oman?
- Over the last ten years it is down 16.1%. 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 Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
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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.