Current account balance (World Bank) — all countries

Current account balance (World Bank) — Oman

Current account balance (World Bank) in Oman in 2024 — 2.86%. Ranked 44 in the world out of 165. Since 1974, the indicator has fallen by 8.02 pp.

2024 2.86% +0.57 pp vs 2023
World rank 44of 165
Period maximum 17.03%1981
Period minimum -19.72%1998

Trend over time

1974–2024 · % of GDP

Current account balance (World Bank) — Oman, 1974–2024-20-1001020197419791984198919941999200420092014201920241974: 10.89%1975: 2.73%1976: 1.42%1977: 10.1%1978: -1.81%1979: 14.7%1980: 15.75%1981: 17.03%1982: 6.47%1983: 6.23%1984: 3.43%1985: -0.1%1986: -14.2%1987: 10.04%1988: -3.69%1989: 3.26%1990: 8.31%1991: -1.94%1992: -4.22%1993: -8.36%1994: -5.47%1995: -5.09%1996: 1.39%1997: -0.92%1998: -19.72%1999: -2.58%2000: 14.06%2001: 9.38%2002: 8.42%2003: 5.88%2004: 3.09%2005: 14.58%2006: 13.3%2007: 5.1%2008: 7.23%2009: -0.78%2010: 7.59%2011: 11.44%2012: 8.99%2013: 5.88%2014: 4.63%2015: -13.78%2016: -16.61%2017: -13.61%2018: -4.85%2019: -4.92%2020: -16.55%2021: -5.54%2022: 3.65%2023: 2.29%2024: 2.86%
Change over the period: −8.02 pp Annual average: -0.16 pp

Comparison, 2024

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

Oman 2.86%
World computed 0.39%
Western Asia computed 3.35%
High-income countries computed 0.2%
Current account balance (World Bank) — Oman, by year Oman All countries CSV XLSX
Year % Change, pp
2024 2.86 +0.57 pp
2023 2.29 −1.36 pp
2022 3.65 +9.19 pp
2021 -5.54 +11.01 pp
2020 -16.55 −11.63 pp
2019 -4.92 −0.07 pp
2018 -4.85 +8.76 pp
2017 -13.61 +3 pp
2016 -16.61 −2.83 pp
2015 -13.78 −18.41 pp
2014 4.63 −1.25 pp
2013 5.88 −3.11 pp
2012 8.99 −2.45 pp
2011 11.44 +3.85 pp
2010 7.59 +8.38 pp
2009 -0.78 −8.01 pp
2008 7.23 +2.13 pp
2007 5.1 −8.2 pp
2006 13.3 −1.28 pp
2005 14.58 +11.49 pp
2004 3.09 −2.79 pp
2003 5.88 −2.54 pp
2002 8.42 −0.96 pp
2001 9.38 −4.68 pp
2000 14.06 +16.64 pp
1999 -2.58 +17.14 pp
1998 -19.72 −18.8 pp
1997 -0.92 −2.31 pp
1996 1.39 +6.49 pp
1995 -5.09 +0.38 pp
1994 -5.47 +2.89 pp
1993 -8.36 −4.14 pp
1992 -4.22 −2.28 pp
1991 -1.94 −10.25 pp
1990 8.31 +5.05 pp
1989 3.26 +6.95 pp
1988 -3.69 −13.73 pp
1987 10.04 +24.24 pp
1986 -14.2 −14.1 pp
1985 -0.1 −3.53 pp
1984 3.43 −2.8 pp
1983 6.23 −0.24 pp
1982 6.47 −10.57 pp
1981 17.03 +1.28 pp
1980 15.75 +1.06 pp
1979 14.7 +16.5 pp
1978 -1.81 −11.9 pp
1977 10.1 +8.67 pp
1976 1.42 −1.31 pp
1975 2.73 −8.15 pp
1974 10.89

About the indicator

The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.

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