Secondary income balance (credit less debit), Net (credits less) in Oman
Oman: Secondary income balance (credit less debit), Net (credits less) was -9.29 billion in 2024. ▼ Falling
Secondary income balance (credit less debit), Net (credits less) in Oman, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Oman stood at -9.29 billion.
The figure is up 2.0% on the previous year and up 9.8% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Oman peaked at -2.26 billion in 2005 and was at its lowest, -10.99 billion, in 2015.
That places Oman 183rd out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Oman, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -2.26 billion | — |
| 2006 | -2.79 billion | +23.5% |
| 2007 | -3.67 billion | +31.6% |
| 2008 | -5.18 billion | +41.2% |
| 2009 | -5.32 billion | +2.6% |
| 2010 | -5.70 billion | +7.3% |
| 2011 | -7.21 billion | +26.5% |
| 2012 | -8.09 billion | +12.1% |
| 2013 | -9.10 billion | +12.6% |
| 2014 | -10.30 billion | +13.1% |
| 2015 | -10.99 billion | +6.7% |
| 2016 | -10.31 billion | -6.2% |
| 2017 | -9.82 billion | -4.8% |
| 2018 | -10.00 billion | +1.8% |
| 2019 | -9.18 billion | -8.1% |
| 2020 | -8.82 billion | -4.0% |
| 2021 | -8.16 billion | -7.4% |
| 2022 | -9.12 billion | +11.6% |
| 2023 | -9.48 billion | +4.0% |
| 2024 | -9.29 billion | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.84 billion | -5.32 billion | -2.26 billion | 5 |
| 2010s | -9.07 billion | -10.99 billion | -5.70 billion | 10 |
| 2020s | -8.97 billion | -9.48 billion | -8.16 billion | 5 |
Countries ranked near Oman
More financial sector data for Oman
- 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)
- Total reserves (gold at national valuation) (SDR), annual growth rate 7.77 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 2,661 SDR per person (2024)
- Total reserves in months of imports, annual growth rate -3.89 % change on previous year (2024)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Oman?
- Secondary income balance (credit less debit), net (credits less) in Oman was -9.29 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Oman?
- The highest recorded value was -2.26 billion in 2005.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Oman?
- The lowest recorded value was -10.99 billion in 2015.
- How does Oman rank for secondary income balance (credit less debit), net (credits less)?
- Oman ranks 183rd out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Oman?
- Over the last ten years it is up 9.8%. The long-run trend across the full record is falling.
- Where does this Oman data come from?
- The figures come from International Monetary Fund, published as part of Secondary 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.