Lending interest rate in Oman

Oman: Lending interest rate was 5.5% in 2021. ▼ Falling

Latest (2021)
5.5%
Change on year
up 0.6%
World rank
110th
of 148 countries
All-time high
10.5%
in 1999
All-time low
4.9%
in 2015
Years of data
38
1984–2021

Lending interest rate in Oman, 1984–2021

02.557.5101984200220211984: 10.3 %1985: 10.2 %1986: 9.9 %1987: 9.3 %1988: 9.3 %1989: 9.9 %1990: 9.9 %1991: 9.6 %1992: 9.4 %1993: 8.9 %1994: 8.4 %1995: 9.3 %1996: 9.3 %1997: 9.2 %1998: 9.7 %1999: 10.5 %2000: 10.1 %2001: 9.6 %2002: 8.8 %2003: 8.4 %2004: 7.9 %2005: 7.3 %2006: 7.3 %2007: 7.4 %2008: 6.8 %2009: 7.3 %2010: 7.1 %2011: 6.5 %2012: 5.9 %2013: 5.5 %2014: 5.2 %2015: 4.9 %2016: 4.9 %2017: 5.2 %2018: 5.2 %2019: 5.4 %2020: 5.5 %2021: 5.5 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

Oman recorded 5.5% for lending interest rate in 2021.

That represents a change of up 0.6% on the previous year and down 15.7% over ten years.

Over the whole period, lending interest rate in Oman peaked at 10.5% in 1999 and was at its lowest, 4.9%, in 2015.

That places Oman 110th out of 148 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently falling across the 38 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 9.8% 9.3% 10.3% 6
1990s 9.4% 8.4% 10.5% 10
2000s 8.1% 6.8% 10.1% 10
2010s 5.6% 4.9% 7.1% 10
2020s 5.5% 5.5% 5.5% 2

Countries ranked near Oman

  1. 107 Dominica 5.8% compare
  2. 108 Palestine 5.6% compare
  3. 109 Brunei 5.5% compare
  4. 111 Macao 5.5% compare
  5. 112 North Macedonia 5.4% compare
  6. 113 Cote d'Ivoire 5.3% compare
  7. 113 Guinea-Bissau 5.3% compare
  8. 113 Mali 5.3% compare
  9. 113 Niger 5.3% compare
  10. 113 Senegal 5.3% compare
  11. 113 Togo 5.3% compare

See the full ranking of 148 places →

More financial sector data for Oman

All data for Oman →

Frequently asked questions

What is lending interest rate in Oman?
Lending interest rate in Oman was 5.5% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest lending interest rate recorded in Oman?
The highest recorded value was 10.5% in 1999.
What is the lowest lending interest rate recorded in Oman?
The lowest recorded value was 4.9% in 2015.
How does Oman rank for lending interest rate?
Oman ranks 110th out of 148 countries with data for 2021.
Is lending interest rate rising or falling in Oman?
Over the last ten years it is down 15.7%. The long-run trend across the full record is falling.
Where does this Oman data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Lending interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,788 data points, 1960–2025
Last refreshed

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.