Financial Institutions Efficiency Index in Oman
Oman: Financial Institutions Efficiency Index was 0.6949 in 2020. β² Rising
Financial Institutions Efficiency Index in Oman, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Oman stood at 0.6949.
Compared with earlier readings it is down 2.8% on the previous year and down 2.1% over ten years.
Over the whole period, financial institutions efficiency index in Oman peaked at 0.7529 in 2007 and was at its lowest, 0.5294, in 2003.
That places Oman 26th out of 183 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.6295 | 0.5858 | 0.698 | 10 |
| 1990s | 0.6798 | 0.617 | 0.7396 | 10 |
| 2000s | 0.6848 | 0.5294 | 0.7529 | 10 |
| 2010s | 0.7085 | 0.6912 | 0.7157 | 10 |
| 2020s | 0.6949 | 0.6949 | 0.6949 | 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)
- Domestic credit to private sector by banks 63.2% (2024)
Frequently asked questions
- What is financial institutions efficiency index in Oman?
- Financial institutions efficiency index in Oman was 0.6949 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Oman?
- The highest recorded value was 0.7529 in 2007.
- What is the lowest financial institutions efficiency index recorded in Oman?
- The lowest recorded value was 0.5294 in 2003.
- How does Oman rank for financial institutions efficiency index?
- Oman ranks 26th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Oman?
- Over the last ten years it is down 2.1%. 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 Efficiency 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.