Gross national savings — all countries

Gross national savings — Oman

Gross national savings in Oman in 2024 — 27.7%. Ranked 43 in the world out of 146. Since 1974, the indicator has fallen by 5.9 pp.

2024 27.7% −1.2 pp vs 2023
World rank 43of 146
Period maximum 49.2%2008
Period minimum 11.3%2020

Trend over time

1974–2024 · % of GDP

Gross national savings — Oman, 1974–20240204060197419791984198919941999200420092014201920241974: 33.6%1975: 38.4%1976: 37.3%1977: 41.5%1978: 27.2%1979: 40.5%1980: 38.7%1981: 42%1982: 33.2%1983: 32.9%1984: 33.4%1985: 27.7%1986: 17.8%1987: 28.6%1988: 21.4%1989: 26.3%1990: 35.4%1991: 29%1992: 27.7%1993: 24.2%1994: 26%1995: 25.4%1996: 30.1%1997: 30.6%1998: 19.1%1999: 25.1%2000: 36.7%2001: 32.5%2002: 33.3%2003: 35.3%2004: 36.8%2005: 43%2006: 46.9%2007: 44.9%2008: 49.2%2009: 33.2%2010: 36.9%2011: 39.2%2012: 39.2%2013: 38.2%2014: 33.5%2015: 22.5%2016: 19.4%2017: 20.6%2018: 27.3%2019: 22.2%2020: 11.3%2021: 22.4%2022: 31.3%2023: 29%2024: 27.7%
Change over the period: −5.9 pp Annual average: -0.12 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Oman

Oman 27.7%
World 26.1%
Western Asia computed 29.9%
Gross national savings — Oman, by year Oman All countries CSV XLSX
Year % Change, pp
2024 27.7 −1.2 pp
2023 29 −2.3 pp
2022 31.3 +8.9 pp
2021 22.4 +11 pp
2020 11.3 −10.9 pp
2019 22.2 −5 pp
2018 27.3 +6.7 pp
2017 20.6 +1.2 pp
2016 19.4 −3.1 pp
2015 22.5 −11 pp
2014 33.5 −4.7 pp
2013 38.2 −1 pp
2012 39.2 −0 pp
2011 39.2 +2.3 pp
2010 36.9 +3.7 pp
2009 33.2 −16.1 pp
2008 49.2 +4.3 pp
2007 44.9 −2 pp
2006 46.9 +3.9 pp
2005 43 +6.2 pp
2004 36.8 +1.5 pp
2003 35.3 +1.9 pp
2002 33.3 +0.9 pp
2001 32.5 −4.2 pp
2000 36.7 +11.6 pp
1999 25.1 +6 pp
1998 19.1 −11.5 pp
1997 30.6 +0.5 pp
1996 30.1 +4.7 pp
1995 25.4 −0.6 pp
1994 26 +1.8 pp
1993 24.2 −3.5 pp
1992 27.7 −1.3 pp
1991 29 −6.4 pp
1990 35.4 +9 pp
1989 26.3 +4.9 pp
1988 21.4 −7.2 pp
1987 28.6 +10.8 pp
1986 17.8 −9.9 pp
1985 27.7 −5.6 pp
1984 33.4 +0.5 pp
1983 32.9 −0.3 pp
1982 33.2 −8.8 pp
1981 42 +3.3 pp
1980 38.7 −1.9 pp
1979 40.5 +13.3 pp
1978 27.2 −14.3 pp
1977 41.5 +4.2 pp
1976 37.3 −1.1 pp
1975 38.4 +4.7 pp
1974 33.6

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.