Net domestic credit in Oman
Oman: Net domestic credit was 28.09 billion current LCU in 2024. ◆ Volatile
Net domestic credit in Oman, 1972–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net domestic credit in Oman is 28.09 billion current LCU, measured in 2024. That is the highest value across all 53 years on record.
That represents a change of up 6.1% on the previous year and up 116.9% over ten years.
Over the whole period, net domestic credit in Oman peaked at 28.09 billion current LCU in 2024 and was at its lowest, 13.45 million current LCU, in 1972.
That places Oman 152nd out of 187 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit in Oman, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 13.45 million current LCU | — |
| 1973 | 22.33 million current LCU | +66.0% |
| 1974 | 106.69 million current LCU | +377.7% |
| 1975 | 121.60 million current LCU | +14.0% |
| 1976 | 188.71 million current LCU | +55.2% |
| 1977 | 159.90 million current LCU | -15.3% |
| 1978 | 225.76 million current LCU | +41.2% |
| 1979 | 158.69 million current LCU | -29.7% |
| 1980 | 136.14 million current LCU | -14.2% |
| 1981 | 139.83 million current LCU | +2.7% |
| 1982 | 195.87 million current LCU | +40.1% |
| 1983 | 221.93 million current LCU | +13.3% |
| 1984 | 219.30 million current LCU | -1.2% |
| 1985 | 471.72 million current LCU | +115.1% |
| 1986 | 626.87 million current LCU | +32.9% |
| 1987 | 576.79 million current LCU | -8.0% |
| 1988 | 716.03 million current LCU | +24.1% |
| 1989 | 687.85 million current LCU | -3.9% |
| 1990 | 673.89 million current LCU | -2.0% |
| 1991 | 617.85 million current LCU | -8.3% |
| 1992 | 874.36 million current LCU | +41.5% |
| 1993 | 1.09 billion current LCU | +24.9% |
| 1994 | 1.26 billion current LCU | +15.5% |
| 1995 | 1.36 billion current LCU | +7.8% |
| 1996 | 1.55 billion current LCU | +14.0% |
| 1997 | 2.03 billion current LCU | +30.6% |
| 1998 | 2.57 billion current LCU | +27.0% |
| 1999 | 2.57 billion current LCU | -0.1% |
| 2000 | 2.82 billion current LCU | +9.9% |
| 2001 | 3.23 billion current LCU | +14.5% |
| 2002 | 3.15 billion current LCU | -2.5% |
| 2003 | 3.18 billion current LCU | +1.1% |
| 2004 | 3.26 billion current LCU | +2.5% |
| 2005 | 3.32 billion current LCU | +1.7% |
| 2006 | 3.94 billion current LCU | +18.8% |
| 2007 | 5.27 billion current LCU | +33.8% |
| 2008 | 6.78 billion current LCU | +28.5% |
| 2009 | 7.44 billion current LCU | +9.7% |
| 2010 | 8.38 billion current LCU | +12.7% |
| 2011 | 8.91 billion current LCU | +6.4% |
| 2012 | 10.62 billion current LCU | +19.1% |
| 2013 | 11.07 billion current LCU | +4.3% |
| 2014 | 12.95 billion current LCU | +17.0% |
| 2015 | 17.34 billion current LCU | +33.9% |
| 2016 | 17.87 billion current LCU | +3.0% |
| 2017 | 19.31 billion current LCU | +8.1% |
| 2018 | 20.37 billion current LCU | +5.5% |
| 2019 | 21.43 billion current LCU | +5.2% |
| 2020 | 24.64 billion current LCU | +15.0% |
| 2021 | 25.07 billion current LCU | +1.7% |
| 2022 | 25.29 billion current LCU | +0.9% |
| 2023 | 26.48 billion current LCU | +4.7% |
| 2024 | 28.09 billion current LCU | +6.1% |
Oman compared with similar countries
- Oman's 28.09 billion current LCU is below the median for high income countries, which is 701.01 billion current LCU, 4% of the median. (61 countries reporting)
- Oman's 28.09 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.54 trillion current LCU, 2% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit in Oman changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +377.7% | 22.33 million current LCU | 106.69 million current LCU |
| 1985 | +115.1% | 219.30 million current LCU | 471.72 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 124.64 million current LCU | 13.45 million current LCU | 225.76 million current LCU | 8 |
| 1980s | 399.23 million current LCU | 136.14 million current LCU | 716.03 million current LCU | 10 |
| 1990s | 1.46 billion current LCU | 617.85 million current LCU | 2.57 billion current LCU | 10 |
| 2000s | 4.24 billion current LCU | 2.82 billion current LCU | 7.44 billion current LCU | 10 |
| 2010s | 14.83 billion current LCU | 8.38 billion current LCU | 21.43 billion current LCU | 10 |
| 2020s | 25.91 billion current LCU | 24.64 billion current LCU | 28.09 billion current LCU | 5 |
Countries ranked near Oman
- 149 Bosnia and Herzegovina 29.62 billion current LCU compare
- 150 Papua New Guinea 29.42 billion current LCU compare
- 151 Estonia 28.87 billion current LCU compare
- 153 Cyprus 24.91 billion current LCU compare
- 154 Eswatini 24.73 billion current LCU compare
- 155 El Salvador 24.71 billion current LCU compare
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 net domestic credit in Oman?
- Net domestic credit in Oman was 28.09 billion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Oman?
- The highest recorded value was 28.09 billion current LCU in 2024.
- What is the lowest net domestic credit recorded in Oman?
- The lowest recorded value was 13.45 million current LCU in 1972.
- How does Oman rank for net domestic credit?
- Oman ranks 152nd out of 187 countries with data for 2024.
- Is net domestic credit rising or falling in Oman?
- Over the last ten years it is up 116.9%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.