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.