The value of loans in Oman increased 1.19 percent in August of 2020 over the same month in the previous year.
Loan Growth in Oman averaged 13.38 percent from 2005 until 2020, reaching an all time high of 55.17 percent in July of 2008 and a record low of 0.68 percent in July of 2020. This page provides - Oman Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Credit Growth at Conventional Banks - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Loan Growth in Oman is expected to be 3.50 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 6.00 percent in 2021 and 7.00 percent in 2022, according to our econometric models.