Net secondary income in Oman
Oman: Net secondary income was -9.29 billion BoP, current US$ in 2024. ◆ Volatile
Net secondary income in Oman, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net secondary income in Oman is -9.29 billion BoP, current US$, measured in 2024.
Compared with earlier readings it is up 2.0% on the previous year and up 9.8% over ten years.
Over the whole period, net secondary income in Oman peaked at 46.61 million BoP, current US$ in 1977 and was at its lowest, -10.99 billion BoP, current US$, in 2015.
That places Oman 184th out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -78.36 million BoP, current US$ | -191.95 million BoP, current US$ | 46.61 million BoP, current US$ | 6 |
| 1980s | -619.64 million BoP, current US$ | -929.37 million BoP, current US$ | -259.99 million BoP, current US$ | 10 |
| 1990s | -1.29 billion BoP, current US$ | -1.50 billion BoP, current US$ | -873.86 million BoP, current US$ | 10 |
| 2000s | -2.73 billion BoP, current US$ | -5.32 billion BoP, current US$ | -1.45 billion BoP, current US$ | 10 |
| 2010s | -9.07 billion BoP, current US$ | -10.99 billion BoP, current US$ | -5.70 billion BoP, current US$ | 10 |
| 2020s | -8.97 billion BoP, current US$ | -9.48 billion BoP, current US$ | -8.16 billion BoP, current US$ | 5 |
Countries ranked near Oman
- 181 Norway -6.54 billion BoP, current US$ compare
- 182 Russia -7.53 billion BoP, current US$ compare
- 183 South Korea -8.42 billion BoP, current US$ compare
- 185 Belgium -9.36 billion BoP, current US$ compare
- 186 Switzerland -9.58 billion BoP, current US$ compare
- 187 Singapore -10.79 billion BoP, current US$ compare
More economy & growth data for Oman
- Exports of goods and services 9.1% (2024)
- Gross national expenditure 34.07 billion current LCU (2024)
- Gross national expenditure 82.64 billion constant 2015 US$ (2024)
- Industry (including construction), value added 52.7% (2025)
- Gross national expenditure 82.7% (2024)
- Exports of goods and services 70.79 billion current US$ (2024)
- Exports of goods and services 27.22 billion current LCU (2024)
- Exports of goods and services 50.11 billion constant 2015 US$ (2024)
- Gross fixed capital formation 10.52 billion current LCU (2024)
- Gross fixed capital formation 27.36 billion current US$ (2024)
Frequently asked questions
- What is net secondary income in Oman?
- Net secondary income in Oman was -9.29 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Oman?
- The highest recorded value was 46.61 million BoP, current US$ in 1977.
- What is the lowest net secondary income recorded in Oman?
- The lowest recorded value was -10.99 billion BoP, current US$ in 2015.
- How does Oman rank for net secondary income?
- Oman ranks 184th out of 199 countries with data for 2024.
- Is net secondary income rising or falling in Oman?
- Over the last ten years it is up 9.8%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.