Oman - Current account balance

Current account balance (BoP, current US$)

The latest value for Current account balance (BoP, current US$) in Oman was ($8,659,758,000) as of 2020. Over the past 46 years, the value for this indicator has fluctuated between $8,845,125,000 in 2011 and ($12,504,610,000) in 2016.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1974 $179,212,500
1975 $57,324,840
1976 $36,479,440
1977 $276,780,500
1978 ($49,507,820)
1979 $548,639,200
1980 $942,385,700
1981 $1,236,537,000
1982 $488,708,700
1983 $494,499,100
1984 $302,839,500
1985 ($10,133,330)
1986 ($1,039,840,000)
1987 $784,395,300
1988 ($309,492,800)
1989 $305,331,600
1990 $1,106,372,000
1991 ($250,715,200)
1992 ($598,439,600)
1993 ($1,190,117,000)
1994 ($804,941,500)
1995 ($800,520,100)
1996 $242,700,000
1997 ($165,900,000)
1998 ($3,163,600,000)
1999 ($459,500,000)
2000 $3,129,401,000
2001 $2,082,445,000
2002 $1,941,222,000
2003 $1,453,836,000
2004 $876,567,000
2005 $5,177,529,000
2006 $5,664,395,000
2007 $2,462,159,000
2008 $5,018,985,000
2009 ($501,061,500)
2010 $4,634,014,000
2011 $8,845,125,000
2012 $7,819,215,000
2013 $5,203,645,000
2014 $4,205,464,000
2015 ($10,954,000,000)
2016 ($12,504,610,000)
2017 ($11,109,010,000)
2018 ($4,287,327,000)
2019 ($4,262,723,000)
2020 ($8,659,758,000)

Current account balance (% of GDP)

Current account balance (% of GDP) in Oman was -11.71 as of 2020. Its highest value over the past 46 years was 17.03 in 1981, while its lowest value was -22.60 in 1998.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1974 10.89
1975 2.73
1976 1.42
1977 10.10
1978 -1.81
1979 14.70
1980 15.75
1981 17.03
1982 6.47
1983 6.23
1984 3.43
1985 -0.10
1986 -14.20
1987 10.04
1988 -3.69
1989 3.26
1990 9.47
1991 -2.21
1992 -4.81
1993 -9.53
1994 -6.23
1995 -5.80
1996 1.59
1997 -1.05
1998 -22.60
1999 -2.95
2000 16.04
2001 10.71
2002 9.64
2003 6.72
2004 3.54
2005 16.66
2006 15.22
2007 5.85
2008 8.24
2009 -1.04
2010 7.13
2011 11.41
2012 8.95
2013 5.79
2014 4.54
2015 -13.92
2016 -16.64
2017 -13.74
2018 -4.69
2019 -4.84
2020 -11.71

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments