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 180th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Remittance inflows to GDP (%) in Oman, year by year
| Year | % | Change |
|---|---|---|
| 1978 | 1.1% | — |
| 1979 | 0.9% | -17.1% |
| 1980 | 0.6% | -33.7% |
| 1981 | 0.6% | -3.9% |
| 1982 | 0.6% | +3.0% |
| 1983 | 0.5% | -4.8% |
| 1984 | 0.5% | -10.1% |
| 1985 | 0.4% | -11.8% |
| 1986 | 0.5% | +23.5% |
| 1987 | 0.5% | -6.9% |
| 1988 | 0.5% | -6.9% |
| 1989 | 0.4% | -10.5% |
| 1990 | 0.3% | -19.8% |
| 1991 | 0.3% | +3.0% |
| 1992 | 0.3% | -8.9% |
| 1993 | 0.3% | -0.3% |
| 1994 | 0.3% | -3.3% |
| 1995 | 0.3% | -6.4% |
| 1996 | 0.3% | -9.7% |
| 1997 | 0.2% | -3.5% |
| 1998 | 0.3% | +13.1% |
| 1999 | 0.3% | -10.2% |
| 2000 | 0.2% | -20.1% |
| 2001 | 0.2% | +0.3% |
| 2002 | 0.2% | -3.4% |
| 2003 | 0.2% | -6.9% |
| 2004 | 0.2% | -12.6% |
| 2005 | 0.1% | -20.3% |
| 2006 | 0.1% | -16.5% |
| 2007 | 0.1% | -11.6% |
| 2008 | 0.1% | -30.9% |
| 2009 | 0.1% | +25.9% |
| 2010 | 0.1% | -25.5% |
| 2011 | 0.1% | -16.1% |
| 2012 | 0.0% | -11.3% |
| 2013 | 0.0% | -2.8% |
| 2014 | 0.0% | -3.0% |
| 2015 | 0.0% | +17.8% |
| 2016 | 0.1% | +4.8% |
| 2017 | 0.0% | -7.1% |
| 2018 | 0.0% | -11.6% |
| 2019 | 0.0% | +3.9% |
| 2020 | 0.1% | +19.0% |
Oman compared with similar countries
- Oman's 0.1% is below the median for high income countries, which is 0.8%, 7% of the median. (67 countries reporting)
- Oman's 0.1% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.9%, 3% of the median. (21 countries reporting)
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
- 177 Macao 0.1% compare
- 178 New Zealand 0.1% compare
- 179 Ireland 0.1% compare
- 181 Canada 0.0% compare
- 182 Saudi Arabia 0.0% compare
- 183 United States 0.0% 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 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 180th out of 197 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.
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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.