Oman Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Oman's gross savings was 25.48% in 2025, ranked 52nd globally. This represents a 8.1% decrease from 2024. Data from World Bank, covering 1974–2025.
Overview
Oman's gross savings stood at 25.48% in 2025, a decline of +2.24% from 2024. The IMF projects 25.48% by 2025. Oman ranked 52nd globally.
Oman’s gross savings as a share of GDP stood at 25.48% in 2025, ranking 52nd globally, a level closely aligned with peer nations such as Slovenia at 25.44% and Austria at 25.75%. This represents a notable decline from the country’s all-time peak of 49.21% recorded in 2008, a period buoyed by high oil revenues and robust fiscal surpluses. Since then, savings have trended downward, influenced by economic diversification challenges, fluctuating hydrocarbon prices, and increased public spending. The lowest point in the 52-year series occurred in 2020, when gross savings fell to 11.35%, reflecting the dual shock of collapsing oil demand and the economic disruptions caused by the global pandemic. While the 2025 figure indicates some recovery from that trough, it remains less than half the 2008 high. The trajectory of Oman’s gross savings will likely depend on the success of fiscal reforms under Vision 2040, progress in non-oil sector development, and sustained efforts to contain budget deficits. Without structural economic transformation, savings may remain constrained.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 30.33% | - | - |
| 2029* IMF | 30.11% | - | - |
| 2028* IMF | 29.76% | - | - |
| 2027* IMF | 28.88% | - | - |
| 2026* IMF | 26.58% | - | - |
| 2025* IMF | 25.48% | - | - |
| 2025 | 25.48% | −2.24% | #52 |
| 2024 | 27.71% | −1.32% | #52 |
| 2023 | 28.95% | −2.02% | #51 |
| 2022 | 31.28% | +8.96% | #41 |
| 2021 | 22.38% | +11.53% | #94 |
| 2020 | 11.35% | −10.64% | #155 |
| 2019 | 22.24% | −4.81% | #93 |
| 2018 | 27.26% | +6.89% | #60 |
| 2017 | 20.57% | +1.05% | #105 |
| 2016 | 19.39% | −3.23% | #110 |
| 2015 | 22.48% | −11.10% | #84 |
| 2014 | 33.49% | −4.76% | #29 |
| 2013 | 38.15% | −1.07% | #21 |
| 2012 | 39.18% | −0.08% | #23 |
| 2011 | 39.21% | +2.22% | #19 |
Detected Pattern
Analysis
Oman matched the Export Boom Cycle pattern in 2013. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Oman's gross savings was 25.48% in 2025. Ranked 52nd globally. This represents a 8.1% decrease from the previous year.
Oman's gross savings peaked at 49.21% in 2008.
The lowest gross savings in Oman was 11.35% in 2020.
Oman ranks 52nd globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Oman's gross savings is projected to reach 25.48% by 2025 based on IMF projection.
The gross savings of Oman in 2025 was 25.48%. This ranks 52nd in the world.
Cite this page
@misc{historysaid_oman_gross-savings,
title = {Oman Gross Savings},
url = {https://historysaid.com/oman/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}