Net domestic credit (current LCU), annual growth rate in Oman
Oman: Net domestic credit (current LCU), annual growth rate was 6.07 % change on previous year in 2024. ◆ Volatile
Net domestic credit (current LCU), annual growth rate in Oman, 1973–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Oman recorded 6.07 % change on previous year for net domestic credit (current lcu), annual growth rate in 2024.
That represents a change of up 28.2% on the previous year and down 64.2% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Oman peaked at 377.71 % change on previous year in 1974 and was at its lowest, -29.71 % change on previous year, in 1979.
That places Oman 120th out of 186 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Oman, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1973 | 66 % change on previous year | — |
| 1974 | 377.71 % change on previous year | +472.3% |
| 1975 | 13.98 % change on previous year | -96.3% |
| 1976 | 55.19 % change on previous year | +294.8% |
| 1977 | -15.26 % change on previous year | -127.7% |
| 1978 | 41.19 % change on previous year | -369.8% |
| 1979 | -29.71 % change on previous year | -172.1% |
| 1980 | -14.21 % change on previous year | -52.2% |
| 1981 | 2.71 % change on previous year | -119.1% |
| 1982 | 40.07 % change on previous year | +1376.9% |
| 1983 | 13.3 % change on previous year | -66.8% |
| 1984 | -1.18 % change on previous year | -108.9% |
| 1985 | 115.1 % change on previous year | -9838.1% |
| 1986 | 32.89 % change on previous year | -71.4% |
| 1987 | -7.99 % change on previous year | -124.3% |
| 1988 | 24.14 % change on previous year | -402.2% |
| 1989 | -3.94 % change on previous year | -116.3% |
| 1990 | -2.03 % change on previous year | -48.4% |
| 1991 | -8.32 % change on previous year | +309.8% |
| 1992 | 41.52 % change on previous year | -599.2% |
| 1993 | 24.93 % change on previous year | -39.9% |
| 1994 | 15.48 % change on previous year | -37.9% |
| 1995 | 7.83 % change on previous year | -49.4% |
| 1996 | 13.96 % change on previous year | +78.2% |
| 1997 | 30.64 % change on previous year | +119.5% |
| 1998 | 26.96 % change on previous year | -12.0% |
| 1999 | -0.121 % change on previous year | -100.4% |
| 2000 | 9.89 % change on previous year | -8272.9% |
| 2001 | 14.5 % change on previous year | +46.7% |
| 2002 | -2.54 % change on previous year | -117.5% |
| 2003 | 1.06 % change on previous year | -141.9% |
| 2004 | 2.5 % change on previous year | +135.2% |
| 2005 | 1.7 % change on previous year | -31.9% |
| 2006 | 18.78 % change on previous year | +1002.3% |
| 2007 | 33.79 % change on previous year | +79.9% |
| 2008 | 28.5 % change on previous year | -15.7% |
| 2009 | 9.75 % change on previous year | -65.8% |
| 2010 | 12.71 % change on previous year | +30.4% |
| 2011 | 6.36 % change on previous year | -50.0% |
| 2012 | 19.14 % change on previous year | +200.9% |
| 2013 | 4.27 % change on previous year | -77.7% |
| 2014 | 16.97 % change on previous year | +297.5% |
| 2015 | 33.89 % change on previous year | +99.7% |
| 2016 | 3.04 % change on previous year | -91.0% |
| 2017 | 8.07 % change on previous year | +165.8% |
| 2018 | 5.49 % change on previous year | -31.9% |
| 2019 | 5.18 % change on previous year | -5.7% |
| 2020 | 15.01 % change on previous year | +189.7% |
| 2021 | 1.74 % change on previous year | -88.4% |
| 2022 | 0.8532 % change on previous year | -51.0% |
| 2023 | 4.73 % change on previous year | +454.9% |
| 2024 | 6.07 % change on previous year | +28.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 72.73 % change on previous year | -29.71 % change on previous year | 377.71 % change on previous year | 7 |
| 1980s | 20.09 % change on previous year | -14.21 % change on previous year | 115.1 % change on previous year | 10 |
| 1990s | 15.09 % change on previous year | -8.32 % change on previous year | 41.52 % change on previous year | 10 |
| 2000s | 11.79 % change on previous year | -2.54 % change on previous year | 33.79 % change on previous year | 10 |
| 2010s | 11.51 % change on previous year | 3.04 % change on previous year | 33.89 % change on previous year | 10 |
| 2020s | 5.68 % change on previous year | 0.8532 % change on previous year | 15.01 % change on previous year | 5 |
Countries ranked near Oman
- 117 Honduras 6.35 % change on previous year compare
- 118 Palestine 6.34 % change on previous year compare
- 119 Dominican Republic 6.08 % change on previous year compare
- 121 Aruba 5.89 % change on previous year compare
- 122 Cambodia 5.62 % change on previous year compare
- 123 El Salvador 5.6 % change on previous year compare
More financial sector data for Oman
- Total reserves in months of imports, annual growth rate -3.89 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 5.54 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1187 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 2,407 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 5.4 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 2,573 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 7.78 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 2,655 SDR per person (2024)
Frequently asked questions
- What is net domestic credit (current lcu), annual growth rate in Oman?
- Net domestic credit (current lcu), annual growth rate in Oman was 6.07 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Oman?
- The highest recorded value was 377.71 % change on previous year in 1974.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Oman?
- The lowest recorded value was -29.71 % change on previous year in 1979.
- How does Oman rank for net domestic credit (current lcu), annual growth rate?
- Oman ranks 120th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Oman?
- Over the last ten years it is down 64.2%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.