Contact Contacts
Current account balance — all countries

Current account balance — Oman

Current account balance in Oman in 2031 — 5.6%. Ranked 22 in the world out of 188. Since 1980, the indicator has fallen by 9.8 pp.

2031 5.6% −0.2 pp vs 2030
World rank 22of 188
Period maximum 15.6%1981
Period minimum -19.5%1998

Trend over time

1980–2031 · % of GDP

Current account balance — Oman, 1980–2031-20-100102019801986199219982004201020162022202820311980: 15.4%1981: 15.6%1982: 5.4%1983: 5.2%1984: 3%1985: 0.1%1986: -10.9%1987: 8%1988: -3.2%1989: 3.3%1990: 8.2%1991: -1.5%1992: -3.9%1993: -9.6%1994: -5.1%1995: -5.2%1996: 1.2%1997: -1.1%1998: -19.5%1999: -2.6%2000: 14.1%2001: 8.9%2002: 7.4%2003: 5.9%2004: 3.2%2005: 14.6%2006: 13.3%2007: 5.1%2008: 7.2%2009: -0.9%2010: 7.6%2011: 11.4%2012: 9%2013: 5.9%2014: 4.6%2015: -13.8%2016: -16.6%2017: -13.6%2018: -4.9%2019: -4.9%2020: -16.5%2021: -5.5%2022: 3.7%2023: 2.3%2024: 3.2%2025: 1.3%2026: 7.5%2027: 5.6%2028: 6%2029: 6%2030: 5.8%2031: 5.6%
Change over the period: −9.8 pp Annual average: -0.19 pp

Comparison, 2031

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

Oman 5.6%
World computed 0.28%
Middle East & North Africa computed 1.02%
Western Asia computed 0.8%
High-income countries computed 0.13%
Current account balance — Oman, by year Oman All countries CSV XLSX
Year % Change, pp
2031 5.6 −0.2 pp
2030 5.8 −0.2 pp
2029 6 +0 pp
2028 6 +0.4 pp
2027 5.6 −1.9 pp
2026 7.5 +6.2 pp
2025 1.3 −1.9 pp
2024 3.2 +0.9 pp
2023 2.3 −1.4 pp
2022 3.7 +9.2 pp
2021 -5.5 +11 pp
2020 -16.5 −11.6 pp
2019 -4.9 +0 pp
2018 -4.9 +8.7 pp
2017 -13.6 +3 pp
2016 -16.6 −2.8 pp
2015 -13.8 −18.4 pp
2014 4.6 −1.3 pp
2013 5.9 −3.1 pp
2012 9 −2.4 pp
2011 11.4 +3.8 pp
2010 7.6 +8.5 pp
2009 -0.9 −8.1 pp
2008 7.2 +2.1 pp
2007 5.1 −8.2 pp
2006 13.3 −1.3 pp
2005 14.6 +11.4 pp
2004 3.2 −2.7 pp
2003 5.9 −1.5 pp
2002 7.4 −1.5 pp
2001 8.9 −5.2 pp
2000 14.1 +16.7 pp
1999 -2.6 +16.9 pp
1998 -19.5 −18.4 pp
1997 -1.1 −2.3 pp
1996 1.2 +6.4 pp
1995 -5.2 −0.1 pp
1994 -5.1 +4.5 pp
1993 -9.6 −5.7 pp
1992 -3.9 −2.4 pp
1991 -1.5 −9.7 pp
1990 8.2 +4.9 pp
1989 3.3 +6.5 pp
1988 -3.2 −11.2 pp
1987 8 +18.9 pp
1986 -10.9 −11 pp
1985 0.1 −2.9 pp
1984 3 −2.2 pp
1983 5.2 −0.2 pp
1982 5.4 −10.2 pp
1981 15.6 +0.2 pp
1980 15.4 —

Western Asia, 2031

The same indicator for neighboring countries — with links to their pages

QA Qatar 14.4 KW Kuwait 14.3 AE United Arab Emirates 9 OM Oman 5.6 IL Israel 2.8 BH Bahrain 2 AZ Azerbaijan 0.6 TR Türkiye -1.2 SA Saudi Arabia -3.8 AM Armenia -4.4 JO Jordan -4.6 GE Georgia -5 IQ Iraq -5.6 YE Yemen -7.8 CY Cyprus -10.5
Full table for all countries

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Oman

Finance Current account balance in US dollars

How much more a country receives from abroad than it pays out there. A minus means it pays more.

Oman by year Finance Current account balance (World Bank)

The current account balance as a percent of GDP from World Bank data.

Oman by year Trade Trade openness

Exports plus imports as a percent of GDP — total foreign trade turnover.

Oman by year Finance International reserves

The gold and foreign exchange reserves of a country in US dollars.

Oman by year
All indicators for Oman