Private Sector Credit Statistics in Oman (2026)
In 2024, domestic credit to the private sector in Oman stood at 63.2% of GDP, according to World Bank World Development Indicators data. Up from 59.8% of GDP in 2023 to 63.2% of GDP in 2024 (+3.5 percentage points). Oman ranks #7 of 16 economies in Middle East, North Africa, Afghanistan & Pakistan on this measure, and #47 of 160 globally.
Key Statistics
- Latest value (2024)
- 63.2% of GDP (2024)
- Private Sector Credit in Oman as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +3.5 pp (2024)
- Up from 59.8% of GDP in 2023 to 63.2% of GDP in 2024 (+3.5 percentage points).
- Earliest value in this dataset (1990)
- 18.1% of GDP (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 18.1% of GDP in 1990 to 63.2% of GDP in 2024.
- Peak value (2020)
- 76.6% of GDP (2020)
- Highest value in the available series; the 2024 value is 63.2% of GDP.
- Rank in Middle East, North Africa, Afghanistan & Pakistan
- #7 of 16 (2024)
- Oman ranks 7 of 16 countries in Middle East, North Africa, Afghanistan & Pakistan with data, based on each country's latest value.
- Global rank
- #47 of 160 (2024)
- Oman ranks 47 of 160 countries with data globally.
- Middle East, North Africa, Afghanistan & Pakistan average
- 48.6% of GDP (2024)
- Oman (63.2% of GDP) is above the average of 48.6% of GDP across the 16 countries in Middle East, North Africa, Afghanistan & Pakistan with data.
- Domestic credit to private sector by banks (% of GDP) (2024)
- 63.2% (2024)
- Related indicator from World Bank World Development Indicators.
- Outstanding loans from commercial banks, percent of GDP (2022)
- 69.2% (2022)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in Oman (2024)
- 95.3% (2024)
- 95.3% of the population in Oman used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 5.3 million (2024)
- Oman had a population of 5.3 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 63.2% | +3.5 pp |
| 2023 | 59.8% | +4.0 pp |
| 2022 | 55.8% | −12.4 pp |
| 2021 | 68.2% | −8.4 pp |
| 2020 | 76.6% | +11.5 pp |
| 2019 | 65.1% | +4.1 pp |
| 2018 | 61.1% | −4.9 pp |
| 2017 | 65.9% | −0.7 pp |
| 2016 | 66.7% | +8.5 pp |
| 2015 | 58.2% | +17.2 pp |
| 2014 | 41% | +3.2 pp |
| 2013 | 37.8% | +1.0 pp |
| 2012 | 36.8% | +0.7 pp |
| 2011 | 36.1% | −2.1 pp |
| 2010 | 38.2% | −2.5 pp |
| 2009 | 40.7% | +10.1 pp |
| 2008 | 30.6% | −0.3 pp |
| 2007 | 31% | +4.1 pp |
| 2006 | 26.9% | +0.0 pp |
| 2005 | 26.8% | −3.0 pp |
| 2004 | 29.9% | −2.3 pp |
| 2003 | 32.2% | −1.8 pp |
| 2002 | 34% | −1.2 pp |
| 2001 | 35.2% | +2.3 pp |
| 2000 | 32.8% | −7.8 pp |
| 1999 | 40.6% | −0.9 pp |
| 1998 | 41.5% | +10.3 pp |
| 1997 | 31.3% | +7.9 pp |
| 1996 | 23.4% | +0.9 pp |
| 1995 | 22.5% | +0.8 pp |
| 1994 | 21.7% | +1.8 pp |
| 1993 | 19.9% | +1.0 pp |
| 1992 | 18.9% | +0.1 pp |
| 1991 | 18.8% | +0.7 pp |
| 1990 | 18.1% | — |
Frequently asked questions
What is the latest figure for domestic credit to the private sector in Oman?
Domestic credit to the private sector in Oman stood at 63.2% of GDP in 2024, according to World Bank World Development Indicators data.
When did private sector credit in Oman peak?
The highest value in the available series was 76.6% of GDP in 2020; the latest (2024) value is 63.2% of GDP.
How recent is the private sector credit data for Oman?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Oman.
Where does the private sector credit data for Oman come from?
The data comes from the World Bank World Development Indicators (indicator FS.AST.PRVT.GD.ZS). The latest observation for Oman is from 2024; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FS.AST.PRVT.GD.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .