Oman Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Oman's credit to gdp was 52.46% in 2025, ranked 61st globally. This represents a 12.2% decrease from 2024. Data from World Bank, covering 1972–2025.
Overview
Oman's credit to gdp stood at 52.46% in 2025, a decline of +7.29% from 2023. Based on recent trends, this figure is projected to reach 52.46% by 2025. Oman ranked 61st globally.
Oman's credit to GDP ratio has risen dramatically from a trough of 4.70 in 1972 to an all‑time peak of 76.59 in 2020, reflecting a long‑term expansion of domestic borrowing and financial sector development over 53 years. By 2025 the ratio stands at 52.46, placing Oman 61st globally and closely aligning with peer economies such as Vanuatu (52.71) and North Macedonia (52.17). The post‑2000 surge coincides with heightened infrastructure spending and diversification initiatives that increased reliance on external financing, while the recent moderation suggests a partial deleveraging after the pandemic‑driven credit boom. Compared with Italy’s 53.12, Oman’s figure signals a similar scale of credit utilisation relative to output, albeit achieved through a smaller, oil‑dependent economy. Continued fiscal consolidation, prudent debt management, and diversification away from hydrocarbons will be crucial to prevent a reversal of the recent downward drift and to sustain a stable credit‑to‑GDP trajectory.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 49.31% | - | - |
| 2025* trend | 52.46% | - | - |
| 2025 | 52.46% | −7.29% | #61 |
| 2023 | 59.75% | +3.96% | #101 |
| 2022 | 55.79% | −12.40% | #103 |
| 2021 | 68.19% | −8.40% | #117 |
| 2020 | 76.59% | +11.45% | #124 |
| 2019 | 65.14% | +4.06% | #127 |
| 2018 | 61.07% | −4.88% | #120 |
| 2017 | 65.95% | −0.72% | #129 |
| 2016 | 66.67% | +8.50% | #128 |
| 2015 | 58.17% | +17.18% | #122 |
| 2014 | 41.00% | +3.19% | #83 |
| 2013 | 37.81% | +0.99% | #83 |
| 2012 | 36.82% | +0.72% | #83 |
| 2011 | 36.10% | −2.11% | #83 |
| 2010 | 38.21% | −2.54% | #81 |
Detected Pattern
Analysis
Oman matched the Export Boom Cycle pattern in 2013. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Oman's credit to gdp was 52.46% in 2025. Ranked 61st globally. This represents a 12.2% decrease from the previous year.
Oman's credit to gdp peaked at 76.59% in 2020.
The lowest credit to gdp in Oman was 4.70% in 1972.
Oman ranks 61st globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Oman's credit to gdp is projected to reach 52.46% by 2025 based on trend extrapolation.
The credit to gdp of Oman in 2025 was 52.46%. This ranks 61st in the world.
Cite this page
@misc{historysaid_oman_credit-to-gdp,
title = {Oman Credit to GDP},
url = {https://historysaid.com/oman/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}