Lending interest rate in Oman
Oman: Lending interest rate was 5.5% in 2021. ▼ Falling
Lending interest rate in Oman, 1984–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Oman recorded 5.5% for lending interest rate in 2021.
That represents a change of up 0.6% on the previous year and down 15.7% over ten years.
Over the whole period, lending interest rate in Oman peaked at 10.5% in 1999 and was at its lowest, 4.9%, in 2015.
That places Oman 111th out of 149 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 38 years of available data.
Lending interest rate in Oman, year by year
| Year | % | Change |
|---|---|---|
| 1984 | 10.3% | — |
| 1985 | 10.2% | -1.1% |
| 1986 | 9.9% | -3.1% |
| 1987 | 9.3% | -6.2% |
| 1988 | 9.3% | +0.5% |
| 1989 | 9.9% | +5.4% |
| 1990 | 9.9% | +0.0% |
| 1991 | 9.6% | -2.9% |
| 1992 | 9.4% | -2.2% |
| 1993 | 8.9% | -5.0% |
| 1994 | 8.4% | -5.7% |
| 1995 | 9.3% | +10.7% |
| 1996 | 9.3% | +0.2% |
| 1997 | 9.2% | -1.3% |
| 1998 | 9.7% | +6.1% |
| 1999 | 10.5% | +8.1% |
| 2000 | 10.1% | -3.7% |
| 2001 | 9.6% | -5.4% |
| 2002 | 8.8% | -8.0% |
| 2003 | 8.4% | -4.9% |
| 2004 | 7.9% | -5.4% |
| 2005 | 7.3% | -8.3% |
| 2006 | 7.3% | +0.1% |
| 2007 | 7.4% | +1.0% |
| 2008 | 6.8% | -7.3% |
| 2009 | 7.3% | +7.2% |
| 2010 | 7.1% | -2.5% |
| 2011 | 6.5% | -8.7% |
| 2012 | 5.9% | -9.5% |
| 2013 | 5.5% | -6.5% |
| 2014 | 5.2% | -5.3% |
| 2015 | 4.9% | -6.6% |
| 2016 | 4.9% | +0.7% |
| 2017 | 5.2% | +4.9% |
| 2018 | 5.2% | +1.8% |
| 2019 | 5.4% | +3.2% |
| 2020 | 5.5% | +1.0% |
| 2021 | 5.5% | +0.6% |
Oman compared with similar countries
- Oman's 5.5% is above the median for high income countries, which is 5.2%, 1.1× the median. (42 countries reporting)
- Oman's 5.5% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 8.0%, 69% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.8% | 9.3% | 10.3% | 6 |
| 1990s | 9.4% | 8.4% | 10.5% | 10 |
| 2000s | 8.1% | 6.8% | 10.1% | 10 |
| 2010s | 5.6% | 4.9% | 7.1% | 10 |
| 2020s | 5.5% | 5.5% | 5.5% | 2 |
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 lending interest rate in Oman?
- Lending interest rate in Oman was 5.5% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Oman?
- The highest recorded value was 10.5% in 1999.
- What is the lowest lending interest rate recorded in Oman?
- The lowest recorded value was 4.9% in 2015.
- How does Oman rank for lending interest rate?
- Oman ranks 111th out of 149 countries with data for 2021.
- Is lending interest rate rising or falling in Oman?
- Over the last ten years it is down 15.7%. The long-run trend across the full record is falling.
- Where does this Oman data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.