Oman Current Account Balance

1974 - 2019 | Yearly | USD mn | CEIC Data

Oman Current Account recorded a deficit of 4.1 USD bn in Dec 2019, compared with a deficit of 4.3 USD bn in the previous year. Oman Current Account Balance: USD mn data is updated yearly, available from Dec 1974 to Dec 2019, with an averaged value of 304.1 USD mn. The data reached an all-time high of 8.9 USD bn in Dec 2011 and a record low of -12.5 USD bn in Dec 2016. CEIC converts annual Current Account Balance into USD. The Central Bank of Oman provides Current Account Balance in local currency. The International Monetary Fund average market exchange rate is used for currency conversions. Current Account Balance prior to 1996 is sourced from the International Monetary Fund. Foreign Direct Investment (FDI) increased by 3.4 USD bn in Dec 2019. Oman Direct Investment Abroad expanded by 626.8 USD mn in Dec 2019. Its Foreign Portfolio Investment increased by 3.1 USD bn in Dec 2019. The country's Nominal GDP was reported at 14.3 USD bn in Jun 2020.

View Oman's Current Account Balance from 1974 to 2019 in the chart:

Oman Current Account Balance

What was Oman's Current Account Balance in 2019?

Last Previous Min Max Unit Frequency Range
-4,140.4 2019 -4,286.1 2018 -12,538.4 2016 8,850.5 2011 USD mn yearly 1974 - 2019

Current Account Balance by Country Comparison

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Includes Current Account Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) -226.3 Sep 2020 quarterly Mar 1993 - Sep 2020
Algeria (USD mn) -4,010.0 Jun 2019 quarterly Mar 2007 - Jun 2019
Argentina (USD mn) 1,162.8 Sep 2020 quarterly Mar 1976 - Sep 2020
Armenia (USD mn) -143.6 Jun 2020 quarterly Mar 1993 - Jun 2020
Australia (USD mn) 7,171.9 Sep 2020 quarterly Sep 1959 - Sep 2020
Austria (USD mn) 3,901.7 Sep 2020 quarterly Mar 1970 - Sep 2020
Azerbaijan (USD mn) -806.5 Sep 2020 quarterly Mar 2013 - Sep 2020
Bahrain (USD mn) -794.0 2019 yearly 1975 - 2019
Bangladesh (USD mn) 224.0 Sep 2020 monthly Jul 1997 - Sep 2020
Belarus (USD mn) 608.8 Sep 2020 quarterly Mar 1996 - Sep 2020

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Oman Key Series

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Includes 305 key indicators for Oman, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -10.4 Jun 2020 quarterly Dec 2005 - Jun 2020
Consolidated Fiscal Balance (USD mn) -1,960.468 Jul 2020 monthly Jun 2003 - Jul 2020
Tax Revenue (USD mn) 3,121.711 2019 yearly 1996 - 2019
Tax Revenue: % of GDP (%) 4.1 2019 yearly 1996 - 2019
National Government Debt (USD mn) 42,581.5 2019 yearly 1990 - 2019
Government Debt: % of GDP (%) 55.8 2019 yearly 1990 - 2019
Forecast: Government Expenditure (OMR bn) 13.997 2025 yearly 1990 - 2025
Forecast: Government Net Debt (OMR bn) 32.239 2025 yearly 1990 - 2025
Forecast: Government Revenue (OMR bn) 11.252 2025 yearly 1990 - 2025
Government Revenue (OMR mn) 365.600 Aug 2020 monthly Jun 2003 - Aug 2020
Government Expenditure: Current (OMR mn) 603.700 Aug 2020 monthly Jun 2003 - Aug 2020
Government Expenditure: Investment (OMR mn) 154.900 Jun 2020 monthly Jun 2003 - Jun 2020
Government Financing (OMR mn) 11.000 Jun 2020 monthly Jan 2006 - Jun 2020
Government Surplus or Deficit: Fiscal (OMR mn) -753.800 Jul 2020 monthly Jun 2003 - Jul 2020
Government Surplus or Deficit: Remaining (OMR mn) -658.100 Jun 2020 monthly Jan 2006 - Jun 2020
Government Revenue: Corporate Income Tax (OMR mn) 2.200 Jun 2020 monthly Jan 2006 - Jun 2020
Government Expenditure (OMR mn) 1,082.100 Jul 2020 monthly Jun 2003 - Jul 2020
Government Revenue: Non Oil (OMR mn) 2,589.681 2019 yearly 1990 - 2019
Government Debt (OMR mn) 16,372.600 2019 yearly 2001 - 2019

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