Oman recorded a Current Account deficit of 12 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Oman

Current Account to GDP in Oman averaged 1.47 percent of GDP from 1980 until 2020, reaching an all time high of 17.84 percent of GDP in 1981 and a record low of -22.47 percent of GDP in 1998. This page provides - Oman Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Current Account to GDP - values, historical data and charts - was last updated on November of 2022.

Current Account to GDP in Oman is expected to reach -7.50 percent of GDP by the end of 2022, 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 -7.50 percent of GDP in 2023, according to our econometric models.

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Oman Current Account to GDP

Related Last Previous Unit Reference
Current Account to GDP -12.00 -4.90 percent of GDP Dec 2020
Current Account 3330.00 -1592.00 OMR Million Dec 2020
Capital Flows 2690.00 1346.00 OMR Million Dec 2020
Foreign Direct Investment 1100.00 1683.00 OMR Million Dec 2020

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
-12.00 -4.90 17.84 -22.47 1980 - 2020 percent of GDP Yearly