Oman Gross Savings Rate
1980 - 2022 | Yearly | % | CEIC Data
Key information about Oman Gross Savings Rate
- Oman Gross Savings Rate was measured at 34.7% in Dec 2022, compared with 34.7% in the previous year.
- Oman Gross Savings Rate is updated yearly, with data available from Dec 1980 to Dec 2022, and an average rate of 34.7%.
- The data reached an all-time high of 34.7% in Dec 2008 and a record low of 9.5% in Dec 1993.
- CEIC calculates Gross National Savings Rate from annual Gross National Savings and annual Gross National Income. The National Centre for Statistics and Information provides Gross National Savings in local currency and Gross National Income in local currency, both based on SNA 2008. National Savings prior to 1998 is based on SNA 1993.
- In the latest reports, Oman GDP expanded 4.3% YoY in Dec 2022.
- Oman Nominal GDP reached 27,116.8 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 24.6% in Dec 2022.
- Oman GDP Per Capita reached 23,240.9 USD in Dec 2022.
View Oman's Gross Savings Rate from 1980 to 2022 in the chart:
What was Oman's Gross Savings Rate in 2022?
Oman Gross Savings Rate was measured at 34.7% in Dec 2022, compared with 34.7% in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 34.7 2022 | 24.0 2021 | 9.5 1993 | 51.0 2008 | % | yearly | 1980 - 2022 |
Gross Savings Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 17.3 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Algeria (%) | 36.1 2021 | yearly | 2000 - 2021 |
| Argentina (%) | 11.0 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Armenia (%) | 15.6 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
| Australia (%) | 29.6 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
| Austria (%) | 26.7 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Azerbaijan (%) | 26.8 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Bahrain (%) | 38.6 2022 | yearly | 1989 - 2022 |
| Bangladesh (%) | 30.4 2021 | yearly | 2006 - 2021 |
| Belarus (%) | 24.5 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Belgium (%) | 25.8 Mar 2024 | quarterly | Mar 1980 - Mar 2024 |
| Bolivia (%) | 13.1 Mar 2024 | quarterly | Mar 1990 - Mar 2024 |
| Bosnia and Herzegovina (%) | 19.4 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Botswana (%) | 26.7 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Brazil (%) | 16.4 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Brunei (%) | 60.0 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
| Bulgaria (%) | 22.6 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Cambodia (%) | 34.1 2022 | yearly | 1993 - 2022 |
| Canada (%) | 20.7 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
| Chile (%) | 20.2 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| China (%) | 44.3 2023 | yearly | 1952 - 2023 |
| Colombia (%) | 8.6 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Croatia (%) | 18.3 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Cyprus (%) | 24.7 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Czech Republic (%) | 33.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Denmark (%) | 33.8 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Ecuador (%) | 23.5 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Egypt (%) | 7.8 2023 | yearly | 1969 - 2023 |
| Estonia (%) | 29.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| European Union (%) | 25.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Finland (%) | 21.8 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| France (%) | 14.2 Dec 2017 | quarterly | Mar 1949 - Dec 2017 |
| Georgia (%) | 14.9 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Germany (%) | 29.6 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
| Ghana (%) | 9.9 2023 | yearly | 2006 - 2023 |
| Greece (%) | 10.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Hong Kong SAR, China (%) | 24.0 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Hungary (%) | 30.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Iceland (%) | 23.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| India (%) | 30.2 2023 | yearly | 1951 - 2023 |
| Indonesia (%) | 36.8 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Iran (%) | 26.4 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
| Ireland (%) | 56.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Israel (%) | 25.0 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Italy (%) | 23.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Ivory Coast (%) | 23.9 2023 | yearly | 1960 - 2023 |
| Japan (%) | 28.8 Mar 2022 | quarterly | Mar 1980 - Mar 2022 |
| Jordan (%) | 2.9 2023 | yearly | 1963 - 2023 |
| Kazakhstan (%) | 44.9 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Kenya (%) | 11.9 2023 | yearly | 2006 - 2023 |
| South Korea (%) | 34.0 Dec 2022 | quarterly | Mar 1970 - Dec 2022 |
| Kosovo (%) | -3.8 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Kuwait (%) | 44.9 2022 | yearly | 1970 - 2022 |
| Kyrgyzstan (%) | -4.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Laos (%) | 18.4 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 19.6 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Lebanon (%) | -25.5 2021 | yearly | 1990 - 2021 |
| Lithuania (%) | 22.7 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Luxembourg (%) | 52.5 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Macau SAR, China (%) | 16.6 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| North Macedonia (%) | 7.4 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Malawi (%) | 11.2 2019 | yearly | 1977 - 2019 |
| Malaysia (%) | 26.9 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Malta (%) | 39.3 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Mauritius (%) | 25.7 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Mexico (%) | 18.7 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Moldova (%) | -2.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Mongolia (%) | 35.8 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Montenegro (%) | 6.1 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Morocco (%) | 28.6 2023 | yearly | 1975 - 2023 |
| Mozambique (%) | 4.8 2023 | yearly | 1969 - 2022 |
| Myanmar (%) | 28.7 2018 | yearly | 1996 - 2018 |
| Nepal (%) | 35.6 2024 | yearly | 2001 - 2024 |
| Netherlands (%) | 30.0 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| New Zealand (%) | 20.3 Sep 2022 | quarterly | Jun 1987 - Sep 2022 |
| Nigeria (%) | 34.6 2023 | yearly | 1981 - 2023 |
| Norway (%) | 37.2 Jun 2024 | quarterly | Mar 1978 - Jun 2024 |
| Oman (%) | 34.7 2022 | yearly | 1980 - 2022 |
| Pakistan (%) | 6.8 2024 | yearly | 2000 - 2024 |
| Palestinian Territory (%) | -2.8 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
| Panama (%) | 41.1 2023 | yearly | 1960 - 2023 |
| Paraguay (%) | 20.9 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Peru (%) | 21.5 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Philippines (%) | 10.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Poland (%) | 19.5 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Portugal (%) | 21.0 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Qatar (%) | 66.3 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 16.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Russia (%) | 30.1 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Saudi Arabia (%) | 36.1 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Serbia (%) | 14.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Singapore (%) | 48.6 2023 | yearly | 1960 - 2023 |
| Slovakia (%) | 18.8 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Slovenia (%) | 28.0 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| South Africa (%) | 14.1 Jun 2024 | quarterly | Mar 1960 - Jun 2024 |
| Spain (%) | 23.4 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Sri Lanka (%) | 26.1 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Sudan (%) | 13.7 2014 | yearly | 1960 - 2014 |
| Sweden (%) | 29.3 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Switzerland (%) | 34.3 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
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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 (OMR mn) | 906.000 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Government Surplus or Deficit: Fiscal (OMR mn) | 47.000 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Government Surplus or Deficit: Remaining (OMR mn) | 22.000 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
| Government Revenue (OMR mn) | 953.000 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Government Expenditure: Current (OMR mn) | 626.000 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: Non Oil: Mineral Products (OMR mn) | 185.000 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 (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: 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 |
| Exports: Non Oil (OMR mn) | 545.000 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: Transport Equipment (OMR mn) | 140.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Imports: Mineral Products (OMR mn) | 337.000 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: 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 |
| Exports: Crude Oil: China (Barrel th) | 24,090.500 Sep 2024 | monthly | Feb 2006 - Sep 2024 |
| Exports: Crude Oil (Barrel th) | 25,092.500 Sep 2024 | monthly | Feb 2006 - Sep 2024 |
| Export Volume Index (2015=100) | 113.944 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 84.478 2021 | yearly | 2000 - 2021 |
| Export Value Index (2015=100) | 139.667 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 |
| Money Supply: Quasi Money (OMR mn) | 17,427.900 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Money Supply (OMR mn) | 24,355.200 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Domestic Assets (OMR mn) | 17,044.100 Aug 2024 | monthly | Dec 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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National Accounts
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GDP: by Industry: Current Price: Annual
GDP: by Industry: Gross Output: 1988 Price
GDP: by Industry: Gross Output: 2010 Price
GDP: by Industry: Intermediate Consumption: 1988 Price
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GDP Deflator
GDP: National Savings
Gross Domestic Product: Annual Growth Rate
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Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP
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GDP: by Expenditure: Current Price
GDP: by Industry: 2000 Price
GDP: by Industry: Compensation of Employees
GDP: by Industry: Current Price: ytd
GDP: by Industry: Gross Output: 2000 Price
GDP: by Industry: Gross Output: Current Price
GDP: by Industry: Intermediate Consumption: 2000 Price
GDP: by Industry: Intermediate Consumption: Current Price
GDP: Gross Fixed Capital Formation
GDP per Capita
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real