Gross savings in Oman
Oman: Gross savings was 29.69 billion current US$ in 2024. ◆ Volatile
Gross savings in Oman, 1974–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Oman recorded 29.69 billion current US$ for gross savings in 2024.
That represents a change of down 3.4% on the previous year and down 4.4% over ten years.
Over the whole period, gross savings in Oman peaked at 34.36 billion current US$ in 2022 and was at its lowest, 553.56 million current US$, in 1974.
Oman ranks 57th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 951.55 million current US$ | 553.56 million current US$ | 1.51 billion current US$ | 6 |
| 1980s | 2.40 billion current US$ | 1.31 billion current US$ | 3.05 billion current US$ | 10 |
| 1990s | 4.19 billion current US$ | 3.06 billion current US$ | 5.52 billion current US$ | 10 |
| 2000s | 15.19 billion current US$ | 7.21 billion current US$ | 34.35 billion current US$ | 10 |
| 2010s | 24.74 billion current US$ | 14.56 billion current US$ | 34.31 billion current US$ | 10 |
| 2020s | 24.59 billion current US$ | 8.61 billion current US$ | 34.36 billion current US$ | 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 savings in Oman?
- Gross savings in Oman was 29.69 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Oman?
- The highest recorded value was 34.36 billion current US$ in 2022.
- What is the lowest gross savings recorded in Oman?
- The lowest recorded value was 553.56 million current US$ in 1974.
- How does Oman rank for gross savings?
- Oman ranks 57th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Oman?
- Over the last ten years it is down 4.4%. 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 Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.