Financial system deposits to GDP in Oman
Oman: Financial system deposits to GDP was 56.2% in 2019. β² Rising
Financial system deposits to GDP in Oman, 1972β2019
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2019, financial system deposits to gdp in Oman stood at 56.2%. That is the highest value across all 48 years on record.
The figure is up 6.8% on the previous year and up 44.0% over ten years.
Over the whole period, financial system deposits to gdp in Oman peaked at 56.2% in 2019 and was at its lowest, 9.9%, in 1974.
Oman ranks 96th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 48 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.3% | 9.9% | 23.1% | 8 |
| 1980s | 20.3% | 11.1% | 25.2% | 10 |
| 1990s | 25.8% | 21.3% | 35.1% | 10 |
| 2000s | 30.7% | 26.7% | 39.1% | 10 |
| 2010s | 45.0% | 33.8% | 56.2% | 10 |
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 system deposits to gdp in Oman?
- Financial system deposits to gdp in Oman was 56.2% in 2019, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Oman?
- The highest recorded value was 56.2% in 2019.
- What is the lowest financial system deposits to gdp recorded in Oman?
- The lowest recorded value was 9.9% in 1974.
- How does Oman rank for financial system deposits to gdp?
- Oman ranks 96th out of 184 countries with data for 2019.
- Is financial system deposits to gdp rising or falling in Oman?
- Over the last ten years it is up 44.0%. The long-run trend across the full record is rising.
- Where does this Oman data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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CSV Β· JSON β 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMFβs International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).