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Oman Deposit Rate

Deposit interest rate  FR.INR.DPST

Oman's deposit rate was 4.15% in 2021, ranked 80th globally. This represents a 2.9% increase from 2020. Data from World Bank, covering 1984–2021.

4.15% +0.12pp (+2.9%)
Year 2021 Rank #80 Global Peak 9.04% (1985) Source World Bank

Oman Deposit Rate (1984–2021)

Overview

Oman's deposit rate stood at 4.15% in 2021, a rise of +0.12pp from 2020. Oman ranked 80th globally.

Oman’s deposit rate has fallen sharply since the mid‑1980s, declining from an all‑time peak of 9.04 % in 1985 to a trough of 1.90 % in 2015, before modestly rebounding to 4.15 % in 2021, which places the Sultanate at rank 80 globally. The 38‑year series shows a long‑term downward bias, reflecting both the liberalisation of the banking sector and periods of low‑interest‑rate policy in the United States and Europe that have filtered through Oman’s monetary framework. The 2021 figure is virtually identical to Guatemala’s 4.14 % and closely aligns with Ecuador’s 4.16 %, indicating that Oman now shares a similar pricing environment with other emerging economies that balance modest inflation with the need to attract savings. The recent uptick suggests that any further tightening of global monetary conditions or a resurgence of domestic inflationary pressures could push the deposit rate higher, while sustained low rates would likely keep it near the current level.

Data & projection

Year Deposit Rate YoY change Rank
2021 4.15% +0.12pp #80
2020 4.03% +0.16pp #73
2019 3.88% +0.31pp #69
2018 3.57% +0.13pp #70
2017 3.44% +0.89pp #76
2016 2.56% +0.66pp #64
2015 1.90% −0.30pp #42
2014 2.20% −0.35pp #41
2013 2.56% −0.13pp #43
2012 2.69% −0.32pp #39
2011 3.01% −0.75pp #43
2010 3.76% −0.67pp #67
2009 4.43% +0.53pp #64
2008 3.90% −0.29pp #47
2007 4.18% +0.39pp #43
Show all years (1984-2021)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.8% GDP growth 5.2% C/A balance 5.9%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Oman matched the Export Boom Cycle pattern in 2013. Historically, 71% of countries showing this pattern (546 out of 768) saw deposit rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Oman's deposit rate?▾

Oman's deposit rate was 4.15% in 2021. Ranked 80th globally. This represents a 2.9% increase from the previous year.

What was the highest deposit rate in Oman?▾

Oman's deposit rate peaked at 9.04% in 1985.

What was the lowest deposit rate in Oman?▾

The lowest deposit rate in Oman was 1.90% in 2015.

How does Oman rank in deposit rate?▾

Oman ranks 80th globally in deposit rate as of 2021.

What is the World Bank indicator code for deposit rate?▾

The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.

What is the deposit rate of Oman in 2021?▾

The deposit rate of Oman in 2021 was 4.15%. This ranks 80th in the world.

Cite this page

APA
Oman Deposit Rate. HistorySaid. Retrieved November 14, 2026, from https://historysaid.com/oman/deposit-rate/
BibTeX
@misc{historysaid_oman_deposit-rate, title = {Oman Deposit Rate}, url = {https://historysaid.com/oman/deposit-rate/}, publisher = {HistorySaid}, year = {2026} }
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