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% |
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
- 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 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.