Gross domestic savings in Oman
Oman: Gross domestic savings was 17.36 billion current LCU in 2024. ◆ Volatile
Gross domestic savings in Oman, 1967–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross domestic savings in Oman is 17.36 billion current LCU, measured in 2024.
Compared with earlier readings it is down 2.0% on the previous year and down 1.1% over ten years.
Over the whole period, gross domestic savings in Oman peaked at 20.31 billion current LCU in 2022 and was at its lowest, 16.50 million current LCU, in 1967.
That places Oman 127th out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 47.33 million current LCU | 16.50 million current LCU | 72.00 million current LCU | 3 |
| 1970s | 283.67 million current LCU | 64.00 million current LCU | 597.80 million current LCU | 10 |
| 1980s | 1.16 billion current LCU | 848.70 million current LCU | 1.39 billion current LCU | 10 |
| 1990s | 2.27 billion current LCU | 1.85 billion current LCU | 2.90 billion current LCU | 10 |
| 2000s | 7.34 billion current LCU | 3.73 billion current LCU | 16.26 billion current LCU | 10 |
| 2010s | 14.46 billion current LCU | 10.36 billion current LCU | 18.01 billion current LCU | 10 |
| 2020s | 15.41 billion current LCU | 8.71 billion current LCU | 20.31 billion current LCU | 5 |
Countries ranked near Oman
More economy & growth data for Oman
- DEC alternative conversion factor 0.3845 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -3.57 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -9.29 billion current US$ (2024)
- Taxes less subsidies on products -228.64 million current LCU (2025)
- Taxes less subsidies on products -594.64 million current US$ (2025)
- Net primary income (Net income from abroad) -2.37 billion current LCU (2024)
- Net primary income (Net income from abroad) -6.17 billion current US$ (2024)
- GNI per capita 7,351 current LCU (2024)
- GNI per capita, Atlas method 19,520 current US$ (2024)
- GNI 38.82 billion current LCU (2024)
Frequently asked questions
- What is gross domestic savings in Oman?
- Gross domestic savings in Oman was 17.36 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Oman?
- The highest recorded value was 20.31 billion current LCU in 2022.
- What is the lowest gross domestic savings recorded in Oman?
- The lowest recorded value was 16.50 million current LCU in 1967.
- How does Oman rank for gross domestic savings?
- Oman ranks 127th out of 187 countries with data for 2024.
- Is gross domestic savings rising or falling in Oman?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.