Net secondary income (Net current transfers from abroad) in Oman

Oman: Net secondary income (Net current transfers from abroad) was -3.57 billion current LCU in 2024. ◆ Volatile

Latest (2024)
-3.57 billion current LCU
Change on year
up 2.0%
World rank
166th
of 202 countries
All-time high
-575.03 million current LCU
in 1999
All-time low
-4.32 billion current LCU
in 2015
Years of data
27
1998–2024

Net secondary income (Net current transfers from abroad) in Oman, 1998–2024

-4.0B-3.0B-2.0B-1.0B1998201120241998: -587.6M current LCU1999: -575.0M current LCU2000: -582.6M current LCU2001: -614.9M current LCU2002: -642.0M current LCU2003: -672.0M current LCU2004: -734.9M current LCU2005: -901.9M current LCU2006: -1.1B current LCU2007: -1.5B current LCU2008: -2.1B current LCU2009: -2.1B current LCU2010: -2.3B current LCU2011: -2.8B current LCU2012: -3.2B current LCU2013: -3.6B current LCU2014: -4.1B current LCU2015: -4.3B current LCU2016: -4.1B current LCU2017: -3.8B current LCU2018: -3.8B current LCU2019: -3.5B current LCU2020: -3.4B current LCU2021: -3.1B current LCU2022: -3.5B current LCU2023: -3.6B current LCU2024: -3.6B current LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.

Analysis

Oman recorded -3.57 billion current LCU for net secondary income (net current transfers from abroad) in 2024.

That represents a change of up 2.0% on the previous year and up 11.8% over ten years.

Over the whole period, net secondary income (net current transfers from abroad) in Oman peaked at -575.03 million current LCU in 1999 and was at its lowest, -4.32 billion current LCU, in 2015.

Oman ranks 166th of 202 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s -581.33 million current LCU -587.62 million current LCU -575.03 million current LCU 2
2000s -1.09 billion current LCU -2.11 billion current LCU -582.64 million current LCU 10
2010s -3.54 billion current LCU -4.32 billion current LCU -2.26 billion current LCU 10
2020s -3.45 billion current LCU -3.65 billion current LCU -3.14 billion current LCU 5

Countries ranked near Oman

  1. 163 Finland -1.76 billion current LCU compare
  2. 164 Poland -1.87 billion current LCU compare
  3. 165 Austria -3.14 billion current LCU compare
  4. 167 Ireland -4.31 billion current LCU compare
  5. 168 Kuwait -4.47 billion current LCU compare
  6. 169 Canada -6.38 billion current LCU compare

See the full ranking of 202 places →

More economy & growth data for Oman

All data for Oman →

Frequently asked questions

What is net secondary income (net current transfers from abroad) in Oman?
Net secondary income (net current transfers from abroad) in Oman was -3.57 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest net secondary income (net current transfers from abroad) recorded in Oman?
The highest recorded value was -575.03 million current LCU in 1999.
What is the lowest net secondary income (net current transfers from abroad) recorded in Oman?
The lowest recorded value was -4.32 billion current LCU in 2015.
How does Oman rank for net secondary income (net current transfers from abroad)?
Oman ranks 166th out of 202 countries with data for 2024.
Is net secondary income (net current transfers from abroad) rising or falling in Oman?
Over the last ten years it is up 11.8%. 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 Net secondary income (Net current transfers from abroad) (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net secondary income (Net current transfers from abroad) (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
202 places, 8,149 data points, 1960–2025
Last refreshed

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 series is expressed in local currency units.