The value of loans in Oman increased 1.66 percent in November of 2019 over the same month in the previous year. Loan Growth in Oman averaged 13.97 percent from 2005 until 2019, reaching an all time high of 55.17 percent in July of 2008 and a record low of 1.66 percent in November of 2019.

Loan Growth in Oman is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in Oman to stand at 6.00 in 12 months time. In the long-term, the Oman Credit Growth at Conventional Banks is projected to trend around 7.00 percent in 2020, according to our econometric models.

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Oman Credit Growth at Conventional Banks

Actual Previous Highest Lowest Dates Unit Frequency
1.66 2.50 55.17 1.66 2005 - 2019 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-10-14 12:00 PM Total Credit YoY Aug 2.9% 4.9% 4.4%
2019-11-06 11:30 AM Total Credit YoY Sep 2.7% 2.9% 4.2%
2019-12-09 09:30 AM Total Credit YoY Oct 2.5% 2.7% 3.1%
2020-01-09 10:50 AM Total Credit YoY Nov 1.66% 2.5% 2.9%
2020-02-11 10:00 AM Total Credit YoY Dec 1.66% 3.0%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.

Oman Money Last Previous Highest Lowest Unit
Interest Rate 2.30 2.52 5.00 1.00 percent [+]
Money Supply M0 1639.30 1571.10 1895.00 357.50 OMR Million [+]
Money Supply M1 5041.50 5030.40 5480.30 454.20 OMR Million [+]
Money Supply M2 17410.80 17524.90 17524.90 2060.00 OMR Million [+]
Foreign Exchange Reserves 6167.40 6262.10 8725.00 1167.30 OMR Million [+]
Deposit Interest Rate 3.45 2.55 9.04 1.90 percent [+]
Loan Growth 1.66 2.50 55.17 1.66 percent [+]
Central Bank Balance Sheet 7232.70 7245.30 9046.20 1267.00 OMR Million [+]