Total reserves in months of imports in Oman
Oman: Total reserves in months of imports was 3.69 in 2024. ▲ Rising
Total reserves in months of imports in Oman, 1974–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
Oman recorded 3.69 for total reserves in months of imports in 2024.
The figure is down 3.9% on the previous year and down 18.5% over ten years.
Over the whole period, total reserves in months of imports in Oman peaked at 7.11 in 2016 and was at its lowest, 1.22, in 1974.
That places Oman 105th out of 178 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Total reserves in months of imports in Oman, year by year
| Year | Value | Change |
|---|---|---|
| 1974 | 1.22 | — |
| 1975 | 1.45 | +18.0% |
| 1976 | 1.94 | +34.2% |
| 1977 | 2.65 | +36.4% |
| 1978 | 2.42 | -8.5% |
| 1979 | 3.68 | +52.0% |
| 1980 | 3.19 | -13.2% |
| 1981 | 3.07 | -3.7% |
| 1982 | 3.2 | +4.0% |
| 1983 | 2.96 | -7.4% |
| 1984 | 3.07 | +3.6% |
| 1985 | 3.21 | +4.7% |
| 1986 | 3.54 | +10.2% |
| 1987 | 6.47 | +82.9% |
| 1988 | 4.4 | -32.1% |
| 1989 | 5.21 | +18.6% |
| 1990 | 5.39 | +3.4% |
| 1991 | 6.79 | +25.9% |
| 1992 | 5.48 | -19.2% |
| 1993 | 4.09 | -25.4% |
| 1994 | 3.96 | -3.0% |
| 1995 | 4.07 | +2.6% |
| 1996 | 3.97 | -2.3% |
| 1997 | 3.71 | -6.7% |
| 1998 | 3.05 | -17.6% |
| 1999 | 4.99 | +63.4% |
| 2000 | 3.95 | -20.9% |
| 2001 | 3.5 | -11.2% |
| 2002 | 4.49 | +28.2% |
| 2003 | 4.53 | +0.8% |
| 2004 | 3.55 | -21.8% |
| 2005 | 4.04 | +13.8% |
| 2006 | 3.72 | -7.9% |
| 2007 | 5.1 | +37.3% |
| 2008 | 4.57 | -10.4% |
| 2009 | 5.82 | +27.5% |
| 2010 | 5.48 | -6.0% |
| 2011 | 5.06 | -7.6% |
| 2012 | 4.36 | -13.8% |
| 2013 | 4.08 | -6.6% |
| 2014 | 4.52 | +10.9% |
| 2015 | 5.31 | +17.5% |
| 2016 | 7.11 | +33.9% |
| 2017 | 4.94 | -30.5% |
| 2018 | 4.98 | +0.7% |
| 2019 | 5 | +0.5% |
| 2020 | 4.48 | -10.5% |
| 2021 | 5.25 | +17.3% |
| 2022 | 3.71 | -29.5% |
| 2023 | 3.84 | +3.5% |
| 2024 | 3.69 | -3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.23 | 1.22 | 3.68 | 6 |
| 1980s | 3.83 | 2.96 | 6.47 | 10 |
| 1990s | 4.55 | 3.05 | 6.79 | 10 |
| 2000s | 4.33 | 3.5 | 5.82 | 10 |
| 2010s | 5.09 | 4.08 | 7.11 | 10 |
| 2020s | 4.19 | 3.69 | 5.25 | 5 |
Countries ranked near Oman
More financial sector data for Oman
- Net domestic credit (current LCU), per capita 5,319 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.2622 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 6.07 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 7.57 million SDR (2024)
- Gold reserves at market value 432.74 million SDR (2024)
- Reserves excluding gold, foreign exchange 12.71 billion SDR (2024)
- Reserves excluding gold 13.59 billion SDR (2024)
- Total reserves (gold at market value) 14.02 billion SDR (2024)
- Total reserves (gold at national valuation) 14.06 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 2,661 SDR per person (2024)
Frequently asked questions
- What is total reserves in months of imports in Oman?
- Total reserves in months of imports in Oman was 3.69 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Oman?
- The highest recorded value was 7.11 in 2016.
- What is the lowest total reserves in months of imports recorded in Oman?
- The lowest recorded value was 1.22 in 1974.
- How does Oman rank for total reserves in months of imports?
- Oman ranks 105th out of 178 countries with data for 2024.
- Is total reserves in months of imports rising or falling in Oman?
- Over the last ten years it is down 18.5%. The long-run trend across the full record is rising.
- Where does this Oman data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].