Oman Current Account Balance: % of GDP

Key information about Oman Current Account Balance: % of GDP

• Oman Current Account deficit accounted for 4.9 % of the country's Nominal GDP in Dec 2021, compared with a 16.2 % deficit in the previous year.
• Oman Current Account Balance: % of Nominal GDP data is updated yearly, available from Dec 1980 to Dec 2021, with an average value of 3.2 %.
• The data reached an all-time high of 16.2 % in Dec 1981 and a record low of -19.1 % in Dec 1998.

• In the latest reports of Oman, Current Account recorded a deficit of 4.3 USD bn in Dec 2021.
• Foreign Direct Investment (FDI) increased by 4.0 USD bn in Dec 2021.
• Oman Direct Investment Abroad fell by 397.9 USD mn in Dec 2021.
• Its Foreign Portfolio Investment increased by 5.0 USD bn in Dec 2021.
• The country's Nominal GDP was reported at 27.1 USD bn in Mar 2023.

View Oman's Current Account Balance: % of GDP from 1980 to 2021 in the chart:

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What was Oman's Current Account Balance: % of GDP in 2021?

Oman Current Account deficit accounted for 4.9 % of the country's Nominal GDP in Dec 2021, compared with a 16.2 % deficit in the previous year. See the table below for more data.

Current Account Balance: % of GDP by Country Comparison

Oman Key Series

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