Remittance inflows to GDP in Oman
Oman: Remittance inflows to GDP was 0.1% in 2020. ◆ Volatile
Remittance inflows to GDP in Oman, 1978–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Oman recorded 0.1% for remittance inflows to gdp in 2020.
The figure is up 19.0% on the previous year and down 12.1% over ten years.
Over the whole period, remittance inflows to gdp in Oman peaked at 1.1% in 1978 and was at its lowest, 0.0%, in 2014.
Oman ranks 178th of 195 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.0% | 0.9% | 1.1% | 2 |
| 1980s | 0.5% | 0.4% | 0.6% | 10 |
| 1990s | 0.3% | 0.2% | 0.3% | 10 |
| 2000s | 0.1% | 0.1% | 0.2% | 10 |
| 2010s | 0.0% | 0.0% | 0.1% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 1 |
Countries ranked near Oman
- 175 Macao 0.1% compare
- 176 New Zealand 0.1% compare
- 177 Ireland 0.1% compare
- 179 Canada 0.0% compare
- 180 Saudi Arabia 0.0% compare
- 181 United States 0.0% compare
More financial sector data for Oman
- Domestic credit to private sector by banks 63.2% (2024)
- Total reserves in months of imports 3.69 (2024)
- Net domestic credit 28.09 billion current LCU (2024)
- Net foreign assets 7.43 billion current LCU (2024)
- Monetary Sector credit to private sector 63.2% (2024)
- Broad money 51.7% (2017)
- Claims on central government, etc. -10.7% (2024)
- Domestic credit to private sector 63.2% (2024)
- Official exchange rate 0.3845 LCU per US$, period average (2025)
- Net migration 113,734 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Oman?
- Remittance inflows to gdp in Oman was 0.1% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Oman?
- The highest recorded value was 1.1% in 1978.
- What is the lowest remittance inflows to gdp recorded in Oman?
- The lowest recorded value was 0.0% in 2014.
- How does Oman rank for remittance inflows to gdp?
- Oman ranks 178th out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Oman?
- Over the last ten years it is down 12.1%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.