Primary income balance (credit less debit), Net (credits less debits) in Oman
Oman: Primary income balance (credit less debit), Net (credits less debits) was -6.17 billion in 2024. ◆ Volatile
Primary income balance (credit less debit), Net (credits less debits) in Oman, 2005–2024
Source: International Monetary Fund.
Analysis
Oman recorded -6.17 billion for primary income balance (credit less debit), net (credits less debits) in 2024.
Compared with earlier readings it is down 5.6% on the previous year and down 45.5% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Oman peaked at -667.36 million in 2006 and was at its lowest, -9.34 billion, in 2022.
That places Oman 159th out of 197 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.
Primary income balance (credit less debit), Net (credits less debits) in Oman, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -1.02 billion | — |
| 2006 | -667.36 million | -34.7% |
| 2007 | -804.42 million | +20.5% |
| 2008 | -2.73 billion | +239.4% |
| 2009 | -2.86 billion | +4.6% |
| 2010 | -3.53 billion | +23.6% |
| 2011 | -4.10 billion | +16.1% |
| 2012 | -4.47 billion | +8.9% |
| 2013 | -3.18 billion | -28.7% |
| 2014 | -4.24 billion | +33.1% |
| 2015 | -2.19 billion | -48.3% |
| 2016 | -2.04 billion | -6.8% |
| 2017 | -3.08 billion | +50.9% |
| 2018 | -5.16 billion | +67.5% |
| 2019 | -6.13 billion | +18.6% |
| 2020 | -5.61 billion | -8.5% |
| 2021 | -6.03 billion | +7.5% |
| 2022 | -9.34 billion | +54.9% |
| 2023 | -5.84 billion | -37.5% |
| 2024 | -6.17 billion | +5.6% |
Oman compared with similar countries
- Oman's -6.17 billion is below the median for high income countries, which is -896.13 million, 6.9× the median. (72 countries reporting)
- Oman's -6.17 billion is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is -1.42 billion, 4.3× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Primary income balance (credit less debit), Net (credits less debits) 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 |
|---|---|---|---|
| 2008 | -239.4% | -804.42 million | -2.73 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.62 billion | -2.86 billion | -667.36 million | 5 |
| 2010s | -3.81 billion | -6.13 billion | -2.04 billion | 10 |
| 2020s | -6.59 billion | -9.34 billion | -5.61 billion | 5 |
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 primary income balance (credit less debit), net (credits less debits) in Oman?
- Primary income balance (credit less debit), net (credits less debits) in Oman was -6.17 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Oman?
- The highest recorded value was -667.36 million in 2006.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Oman?
- The lowest recorded value was -9.34 billion in 2022.
- How does Oman rank for primary income balance (credit less debit), net (credits less debits)?
- Oman ranks 159th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Oman?
- Over the last ten years it is down 45.5%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from International Monetary Fund, published as part of Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.