Oman's claims on private sector (annual growth as % of broad money) was 6.13% in 2018, the latest year in the World Bank's World Development Indicators. That is down 34.33 percentage points from 40.46% in 2008.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 6.13% | 2018 |
| Five years earlier | 6.42% | 2013 |
| Ten years earlier | 40.46% | 2008 |
| Highest | 100.79% | 1974 |
| Lowest | -0.07% | 1986 |
| Average since 2009 | 11.43% | 2009–2018 |
| First recorded | 27.34% | 1973 |
What the numbers say
In 2018, Oman's claims on private sector (annual growth as % of broad money) fell 1.94 percentage points on 2017 (from 8.07% to 6.13%).
Across the 30 yearly changes before that (1988 to 2017), the average change was +0.22 percentage points and a typical year strayed about 10.67 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 73.45 percentage points in 1974 and the biggest yearly fall was 77.19 percentage points in 1975. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2009 to 2018 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
What this measures
Claims on private sector include gross credit from the financial system to individuals, enterprises, nonfinancial public entities not included under net domestic credit, and financial institutions not included elsewhere. Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator represents the annual percentage growth in the ratio of claims to broad money.
All 46 values
| Year | Claims on private sector (annual growth as % of broad money) |
|---|---|
| 2018 | 6.13 |
| 2017 | 8.07 |
| 2016 | 10.92 |
| 2015 | 22.57 |
| 2014 | 12.99 |
| 2013 | 6.42 |
| 2012 | 16.41 |
| 2011 | 13.76 |
| 2010 | 10.91 |
| 2009 | 6.14 |
| 2008 |
Claims on private sector (annual growth as % of broad money) in nearby economies
- Afghanistan — 0.01% (2020)
- Algeria — 1.99% (2025)
- Bahrain — 6.23% (2015)
- Djibouti — 6.93% (2025)
- Egypt, Arab Rep. — 7.34% (2025)
- Iran, Islamic Rep. — 20.07% (2016)
- Iraq — 3.57% (2024)
- Israel — 6.49% (2025)
- Jordan — 1.91% (2025)
More financial sector data for Oman
- GDP deflator (base year varies by country) — 107.25 (2025)
- DEC alternative conversion factor (LCU per US$) — US$0.38 (2025)
- Official exchange rate (LCU per US$, period average) — US$0.38 (2025)
- Inflation, GDP deflator (annual % growth) — -0.09% (2025)
- Domestic credit to private sector by banks (% of GDP) — 63.16% (2024)
- Net domestic credit (current LCU) — 28.09 billion (2024)
- Net foreign assets (current LCU) — 7.43 billion (2024)
- Monetary sector credit to private sector (% of GDP) — 63.21% (2024)
- Claims on central government, etc. (% of GDP) — -10.67% (2024)
- Domestic credit to private sector (% of GDP)
Reading data like this
Questions people ask
- What is Oman's claims on private sector (annual growth as % of broad money)?
- 6.13% in 2018, according to the World Bank (World Development Indicators).
- How has it changed since 1973?
- It is down 21.22 percentage points from 27.34% in 1973. The highest value was 100.79% in 1974 and the lowest -0.07% in 1986.
- Is the latest change in claims on private sector (annual growth as % of broad money) unusual for Oman?
- In 2018, Oman's claims on private sector (annual growth as % of broad money) fell 1.94 percentage points on 2017 (from 8.07% to 6.13%). Across the 30 yearly changes before that (1988 to 2017), the average change was +0.22 percentage points and a typical year strayed about 10.67 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator FM.AST.PRVT.ZG.M3, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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