Oman recorded a Current Account surplus of 5 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Oman averaged 1.23 percent of GDP from 1980 until 2023, reaching an all time high of 15.60 percent of GDP in 1981 and a record low of -19.50 percent of GDP in 1998. source: Central Bank of Oman

Current Account to GDP in Oman is expected to reach 2.40 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Current Account to GDP is projected to trend around 1.70 percent of GDP in 2026 and 1.60 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Capital Flows 1225.00 1202.00 OMR Million Dec 2023
Current Account 1014.00 1677.00 OMR Million Dec 2023
Current Account to GDP 5.00 5.00 percent of GDP Dec 2023
Foreign Direct Investment 3004.00 4802.00 OMR Million Dec 2024



Oman Current Account to GDP
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 15.60 -19.50 1980 - 2023 percent of GDP Yearly