Oman Forecast: Current Account Balance
1980 - 2029 | Yearly | USD bn | International Monetary Fund
Key information about Oman Forecast: Current Account Balance
- Oman Current Account Balance is forecasted to be 2.530 USD bn in Dec 2024 as reported by International Monetary Fund.
- It records an increase from the last reported number of 2.638 USD bn in Dec 2023.
- Looking ahead, Oman Current Account Balance is projected to stand at 2.660 USD bn in Dec 2029.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: BPM6: Current Account: USD.
View Oman's Forecast: Current Account Balance from 1980 to 2029 in the chart:
What is Oman's Forecast: Current Account Balance in 2029?
Oman Current Account Balance is forecasted to be 2.530 USD bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 2.660 2029 | 2.540 2028 | -12.562 2020 | 8.868 2011 | USD bn | yearly | 1980 - 2029 |
Forecast: Current Account Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (USD bn) | 2.814 2020 | yearly | 2002 - 2020 |
| Albania (USD bn) | -0.217 2029 | yearly | 1980 - 2029 |
| Algeria (USD bn) | -7.532 2029 | yearly | 1980 - 2029 |
| Andorra (USD bn) | 0.814 2029 | yearly | 2019 - 2029 |
| Angola (USD bn) | 1.605 2029 | yearly | 1980 - 2029 |
| Antigua and Barbuda (USD bn) | -0.253 2029 | yearly | 2014 - 2029 |
| Argentina (USD bn) | 10.560 2029 | yearly | 1980 - 2029 |
| Armenia (USD bn) | -1.665 2029 | yearly | 1992 - 2029 |
| Aruba (USD bn) | 0.152 2029 | yearly | 1999 - 2029 |
| Australia (USD bn) | -28.731 2029 | yearly | 1980 - 2029 |
| Austria (USD bn) | 14.304 2029 | yearly | 1980 - 2029 |
| Azerbaijan (USD bn) | 0.418 2029 | yearly | 1992 - 2029 |
| Bahamas (USD bn) | -1.207 2029 | yearly | 1980 - 2029 |
| Bahrain (USD bn) | 1.690 2029 | yearly | 1980 - 2029 |
| Bangladesh (USD bn) | -9.885 2029 | yearly | 1980 - 2029 |
| Barbados (USD bn) | -0.445 2029 | yearly | 1980 - 2029 |
| Belarus (USD bn) | -2.218 2029 | yearly | 1992 - 2029 |
| Belgium (USD bn) | 6.520 2029 | yearly | 1980 - 2029 |
| Belize (USD bn) | -0.098 2029 | yearly | 1980 - 2029 |
| Benin (USD bn) | -1.412 2029 | yearly | 1980 - 2029 |
| Bhutan (USD bn) | -0.728 2029 | yearly | 1980 - 2029 |
| Bolivia (USD bn) | -3.985 2029 | yearly | 1980 - 2029 |
| Bosnia and Herzegovina (USD bn) | -1.411 2029 | yearly | 1998 - 2029 |
| Botswana (USD bn) | 0.062 2029 | yearly | 1980 - 2029 |
| Brazil (USD bn) | -44.939 2029 | yearly | 1980 - 2029 |
| Brunei (USD bn) | 2.412 2029 | yearly | 1981 - 2029 |
| Bulgaria (USD bn) | -0.401 2029 | yearly | 1980 - 2029 |
| Burkina Faso (USD bn) | -0.678 2029 | yearly | 1980 - 2029 |
| Burundi (USD bn) | -0.585 2029 | yearly | 1980 - 2029 |
| Cambodia (USD bn) | -2.164 2029 | yearly | 1992 - 2029 |
| Cameroon (USD bn) | -2.355 2029 | yearly | 1980 - 2029 |
| Canada (USD bn) | -73.006 2029 | yearly | 1980 - 2029 |
| Cape Verde (USD bn) | -0.121 2029 | yearly | 1980 - 2029 |
| Central African Republic (USD bn) | -0.155 2029 | yearly | 1980 - 2029 |
| Chad (USD bn) | -0.328 2029 | yearly | 1980 - 2029 |
| Chile (USD bn) | -13.126 2029 | yearly | 1980 - 2029 |
| China (USD bn) | 285.473 2029 | yearly | 1997 - 2029 |
| Colombia (USD bn) | -17.950 2029 | yearly | 1980 - 2029 |
| Comoros (USD bn) | -0.093 2029 | yearly | 1980 - 2029 |
| Congo (USD bn) | -0.221 2029 | yearly | 1980 - 2029 |
| Costa Rica (USD bn) | -1.809 2029 | yearly | 1980 - 2029 |
| Croatia (USD bn) | 0.502 2029 | yearly | 1992 - 2029 |
| Cyprus (USD bn) | -3.624 2029 | yearly | 1980 - 2029 |
| Czech Republic (USD bn) | 2.915 2029 | yearly | 1995 - 2029 |
| Democratic Republic of Congo (USD bn) | -2.988 2029 | yearly | 1980 - 2029 |
| Denmark (USD bn) | 42.035 2029 | yearly | 1980 - 2029 |
| Djibouti (USD bn) | 0.380 2029 | yearly | 1991 - 2029 |
| Dominica (USD bn) | -0.136 2029 | yearly | 2000 - 2029 |
| Dominican Republic (USD bn) | -4.947 2029 | yearly | 1980 - 2029 |
| Ecuador (USD bn) | 3.608 2029 | yearly | 1980 - 2029 |
| Egypt (USD bn) | -22.028 2029 | yearly | 1980 - 2029 |
| El Salvador (USD bn) | -1.305 2029 | yearly | 1980 - 2029 |
| Equatorial Guinea (USD bn) | -0.968 2029 | yearly | 1987 - 2029 |
| Eritrea (USD bn) | 0.257 2019 | yearly | 1992 - 2019 |
| Estonia (USD bn) | -1.545 2029 | yearly | 1993 - 2029 |
| Swaziland (USD bn) | 0.066 2029 | yearly | 1980 - 2029 |
| Ethiopia (USD bn) | -6.377 2029 | yearly | 1980 - 2029 |
| Fiji (USD bn) | -0.568 2029 | yearly | 1980 - 2029 |
| Finland (USD bn) | -3.245 2029 | yearly | 1980 - 2029 |
| France (USD bn) | -4.507 2029 | yearly | 1980 - 2029 |
| Gabon (USD bn) | -1.367 2028 | yearly | 1980 - 2028 |
| Gambia (USD bn) | -0.046 2029 | yearly | 1980 - 2029 |
| Georgia (USD bn) | -2.751 2029 | yearly | 1995 - 2029 |
| Germany (USD bn) | 310.516 2029 | yearly | 1980 - 2029 |
| Ghana (USD bn) | -2.128 2029 | yearly | 1980 - 2029 |
| Greece (USD bn) | -10.465 2029 | yearly | 1980 - 2029 |
| Grenada (USD bn) | -0.152 2029 | yearly | 2014 - 2029 |
| Guatemala (USD bn) | 0.184 2029 | yearly | 1980 - 2029 |
| Guinea (USD bn) | -2.577 2029 | yearly | 1980 - 2029 |
| Guinea-Bissau (USD bn) | -0.127 2029 | yearly | 1980 - 2029 |
| Guyana (USD bn) | 8.231 2029 | yearly | 1980 - 2029 |
| Haiti (USD bn) | -0.463 2029 | yearly | 1980 - 2029 |
| Honduras (USD bn) | -1.912 2029 | yearly | 1980 - 2029 |
| Hong Kong SAR, China (USD bn) | 43.397 2029 | yearly | 1980 - 2029 |
| Hungary (USD bn) | 4.539 2029 | yearly | 1980 - 2029 |
| Iceland (USD bn) | 0.224 2029 | yearly | 1980 - 2029 |
| India (USD bn) | -139.437 2029 | yearly | 1980 - 2029 |
| Indonesia (USD bn) | -29.041 2029 | yearly | 1980 - 2029 |
| Iran (USD bn) | 17.997 2029 | yearly | 1980 - 2029 |
| Iraq (USD bn) | -22.319 2029 | yearly | 2001 - 2029 |
| Ireland (USD bn) | 53.932 2029 | yearly | 1980 - 2029 |
| Israel (USD bn) | 27.247 2029 | yearly | 1980 - 2029 |
| Italy (USD bn) | 68.336 2029 | yearly | 1980 - 2029 |
| Ivory Coast (USD bn) | -3.091 2029 | yearly | 1980 - 2029 |
| Jamaica (USD bn) | -0.506 2029 | yearly | 1980 - 2029 |
| Japan (USD bn) | 156.819 2029 | yearly | 1980 - 2029 |
| Jordan (USD bn) | -2.793 2029 | yearly | 1980 - 2029 |
| Kazakhstan (USD bn) | -13.182 2029 | yearly | 1992 - 2029 |
| Kenya (USD bn) | -5.665 2029 | yearly | 1980 - 2029 |
| Kiribati (USD bn) | 0.035 2029 | yearly | 1980 - 2029 |
| South Korea (USD bn) | 97.775 2029 | yearly | 1980 - 2029 |
| Kosovo (USD bn) | -1.071 2029 | yearly | 2000 - 2029 |
| Kuwait (USD bn) | 25.453 2029 | yearly | 1980 - 2029 |
| Kyrgyzstan (USD bn) | -1.291 2029 | yearly | 1992 - 2029 |
| Laos (USD bn) | 0.176 2029 | yearly | 1980 - 2029 |
| Latvia (USD bn) | -1.914 2029 | yearly | 1992 - 2029 |
| Lebanon (USD bn) | -5.647 2023 | yearly | 1980 - 2023 |
| Lesotho (USD bn) | -0.060 2029 | yearly | 1980 - 2029 |
| Liberia (USD bn) | -1.080 2029 | yearly | 2000 - 2029 |
| Libya (USD bn) | 5.770 2029 | yearly | 1980 - 2029 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doOman Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 2.3 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
| Consolidated Fiscal Balance (USD mn) | 122.237 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Tax Revenue (USD mn) | 4,872.086 2023 | yearly | 1996 - 2023 |
| Tax Revenue: % of GDP (%) | 4.5 2023 | yearly | 1996 - 2023 |
| National Government Debt (USD mn) | 39,697.0 2023 | yearly | 1990 - 2023 |
| Government Debt: % of GDP (%) | 36.5 2023 | yearly | 1990 - 2023 |
| Forecast: Government Expenditure (OMR bn) | 11.851 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (OMR bn) | 14.813 2029 | yearly | 1990 - 2029 |
| Forecast: Government Revenue (OMR bn) | 13.627 2029 | yearly | 1990 - 2029 |
| Government Revenue: Corporate Income Tax (OMR mn) | 218.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Government Financing (OMR mn) | -4.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Government Expenditure: Investment (OMR mn) | 82.000 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Government Expenditure: Current (OMR mn) | 626.000 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Government Expenditure (OMR mn) | 906.000 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Government Surplus or Deficit: Remaining (OMR mn) | 22.000 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
| Government Surplus or Deficit: Fiscal (OMR mn) | 47.000 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Government Revenue (OMR mn) | 953.000 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Government Revenue: Current (OMR mn) | 421.000 Aug 2024 | monthly | Mar 2012 - Aug 2024 |
| Government Revenue: Non Oil (OMR mn) | 3,524.767 2023 | yearly | 1990 - 2023 |
| Government Debt (OMR mn) | 15,263.500 2023 | yearly | 2001 - 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.354 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,667.1 Aug 2024 | monthly | Jan 1975 - Aug 2024 |
| Total Exports (USD mn) | 5,256.2 Aug 2024 | monthly | Mar 2003 - Aug 2024 |
| Total Exports Growth (%) | 8.0 Aug 2024 | monthly | Mar 2004 - Aug 2024 |
| Aluminum: Exports (USD th) | 1,500,067.073 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 155,305.875 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 4,561.969 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 3,589.1 Aug 2024 | monthly | Jan 1975 - Aug 2024 |
| Total Imports Growth (%) | 0.7 Mar 2023 | monthly | Jan 1976 - Mar 2023 |
| Imports: Medicament (USD th) | 394,025.071 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 155,778.457 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 118.743 Jul 2024 | monthly | Oct 1986 - Jun 2024 |
| Total Imports from USA (USD mn) | 92.299 Jul 2024 | monthly | Jan 1981 - Jun 2024 |
| Total Exports to China (USD mn) | 47.074 Jun 2017 | monthly | Nov 2009 - Jun 2017 |
| Total Imports from China (USD mn) | 418.726 Aug 2024 | monthly | Jun 1984 - Aug 2024 |
| Exports: Oil and Gas (OMR mn) | 1,345.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports: Oil and Gas: Crude Oil (OMR mn) | 839.000 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
| Exports: Non Oil: Mineral Products (OMR mn) | 185.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports (OMR mn) | 2,021.000 Aug 2024 | monthly | Jan 1974 - Aug 2024 |
| Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) | 210.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports: Non Oil: Chemical Products (OMR mn) | 60.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports: Non Oil: India (OMR mn) | 68.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Re-Exports (OMR mn) | 132.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports: Non Oil (OMR mn) | 545.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports: Non Oil: Saudi Arabia (OMR mn) | 76.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports: Non Oil: United Arab Emirates (OMR mn) | 92.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Imports: Electrical Machinery, Mechanical Equipment and Parts (OMR mn) | 229.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Imports: Chemical Products (OMR mn) | 133.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Imports: Mineral Products (OMR mn) | 337.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Imports: Transport Equipment (OMR mn) | 140.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Imports: United Arab Emirates (OMR mn) | 330.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Imports: India (OMR mn) | 130.000 Aug 2024 | monthly | Feb 2006 - Aug 2024 |
| Imports: Saudi Arabia (OMR mn) | 130.000 Aug 2024 | monthly | Jan 2011 - Aug 2024 |
| Imports (OMR mn) | 1,380.000 Aug 2024 | monthly | Jan 1975 - Aug 2024 |
| Exports: Crude Oil (Barrel th) | 25,092.500 Sep 2024 | monthly | Feb 2006 - Sep 2024 |
| Exports: Crude Oil: China (Barrel th) | 24,090.500 Sep 2024 | monthly | Feb 2006 - Sep 2024 |
| Exports: Crude Oil: Japan (Barrel th) | 0.000 Sep 2024 | monthly | Feb 2006 - Sep 2024 |
| Exports: Crude Oil: India (Barrel th) | 1,002.000 Sep 2024 | monthly | Nov 2010 - Sep 2024 |
| Import Volume Index (2015=100) | 84.478 2021 | yearly | 2000 - 2021 |
| Export Value Index (2015=100) | 139.667 2021 | yearly | 1980 - 2021 |
| Export Volume Index (2015=100) | 113.944 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.5 Jun 2024 | quarterly | Jun 2008 - Jun 2024 |
| Non-Performing Loans (USD mn) | 515.735 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Money Supply M1 (USD mn) | 18,016.385 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Money Supply M2 (USD mn) | 63,342.523 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| M2 Growth (%) | 12.4 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Reserve Requirement Ratio (%) | 5.0 Sep 2024 | monthly | Jun 2006 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 16,061.4 Aug 2024 | monthly | Apr 1970 - Aug 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 14.968 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.5 Aug 2024 | monthly | Jan 1975 - Aug 2024 |
| Gold Reserves (USD mn) | 542.003 Aug 2024 | monthly | Dec 1969 - Aug 2024 |
| Total Deposits (USD mn) | 64,280.889 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Total Deposits Growth (%) | 10.1 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Domestic Credit (USD mn) | 69,776.6 Aug 2024 | monthly | Dec 1999 - Aug 2024 |
| Domestic Credit Growth (%) | 4.6 Aug 2024 | monthly | Dec 2000 - Aug 2024 |
| Total Loans (USD mn) | 64,964.109 Aug 2024 | monthly | Dec 1998 - Aug 2024 |
| Total Loans Growth (%) | 1.75 Aug 2024 | monthly | Dec 1999 - Aug 2024 |
| Private Debt: % of Nominal GDP (%) | 48.74 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Domestic Assets (OMR mn) | 17,044.100 Aug 2024 | monthly | Dec 1999 - Aug 2024 |
| Money Supply (OMR mn) | 24,355.200 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Money Supply: Quasi Money (OMR mn) | 17,427.900 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Deposits: Private Sector (OMR mn) | 16,447.700 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
More Indicators for Oman
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Balance of Payments
Balance of Payments: Capital and Financial Account
BPM5: Balance of Payments
BPM6: Balance of Payments: Detailed Presentation: Annual
Company Statistics
External Debt: Net Flows and Net Transfers
Foreign Direct Investment by Country of Origin
Foreign Direct Investment by Industry
Foreign Direct Investment: Value: by Activity: Annual
Industrial Establishments
Number of Registered Enterprises
Balance of Payments
Balance of Payments: Current Account
BPM6: Balance of Payments: Analytical Presentation: Annual
Businesses Registered Statistics
Current Account as % of GDP
Foreign Direct Investment: by Country: Annual
Foreign Direct Investment: by Country of Origin: Annual
Foreign Direct Investment: by Industry: Annual
Foreign Direct Investment: Value: by Country: Annual
Number of Projects: Oman Development Bank
Number of Registered Industrial Establishments