Oman recorded a Current Account deficit of 4137 OMR Million in 2017. Current Account in Oman averaged 365.32 OMR Million from 1996 until 2017, reaching an all time high of 3403 OMR Million in 2011 and a record low of -4737 OMR Million in 2016.

Current Account in Oman is expected to be -3476.81 OMR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Current Account is projected to trend around 149.73 OMR Million in 2020, according to our econometric models.


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Oman Current Account
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Oman Trade Last Previous Highest Lowest Unit
Balance of Trade 552.50 389.50 2379.00 -117.60 OMR Million [+]
Exports 1359.70 1271.20 1992.00 423.00 OMR Million [+]
Imports 807.20 881.70 1392.10 242.50 OMR Million [+]
Current Account -4137.00 -4737.00 3403.00 -4737.00 OMR Million [+]
Current Account to GDP -14.80 -18.50 17.84 -22.47 percent [+]
Capital Flows 3481.00 1700.00 4741.00 -2411.00 OMR Million [+]
Gold Reserves 0.02 0.02 9.05 0.02 Tonnes [+]
Crude Oil Production 976.00 974.00 1057.00 693.00 BBL/D/1K [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Tourist Arrivals 394.00 236.00 436.00 123.00 thousand [+]
Foreign Direct Investment 1122.00 871.00 1281.00 -835.00 OMR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Oman Current Account

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). This page provides - Oman Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Current Account - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-4137.00 -4737.00 3403.00 -4737.00 1996 - 2017 OMR Million Yearly




Country Last
Argentina -8292.00 Jun/18
Australia -13472.00 Jun/18
Brazil 31.80 Sep/18
Canada -15880.00 Jun/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -1918.00 Sep/18
Germany 21141.17 Sep/18
India -15807.13 Jun/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1821.60 Sep/18
Mexico -3882.10 Jun/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 22832.40 Jun/18
South Africa -163760.00 Jun/18
South Korea 10831.40 Sep/18
Spain 1830.00 Aug/18
Switzerland 22143.83 Jun/18
Turkey 1830.00 Sep/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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