Oman Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Oman's interest rate spread was 1.35% in 2021, ranked 3rd globally. This represents a 6.0% decrease from 2020. Data from World Bank, covering 1984–2021.
Overview
Oman's interest rate spread stood at 1.35% in 2021, a decline of +0.09pp from 2020. Oman ranked 3rd globally.
Oman’s interest‑rate spread has narrowed dramatically over the 38‑year series, falling from an all‑time peak of 5.88 % in 2003 to a modest 1.35 % in 2021, which placed the Sultanate third worldwide in that year. The spread’s early low point occurred in 1985 at 1.19 %, indicating that the recent figure remains only slightly above the historical trough while representing a substantial contraction from the early‑2000s high. By contrast, peer economies such as South Korea recorded a spread of 1.69 % and Belarus 1.76 % in the same period, underscoring Oman’s comparatively tighter monetary conditions. The sustained compression reflects a combination of lower policy rates and a flattening yield curve, likely driven by prudent fiscal management and a stable external financing environment. Continued diversification of the economy and gradual easing of global financing pressures could keep the spread low, but any resurgence in inflationary pressures or external debt costs might widen the gap again.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2021 | 1.35% | −0.09pp | #3 |
| 2020 | 1.43% | −0.10pp | #3 |
| 2019 | 1.54% | −0.14pp | #6 |
| 2018 | 1.67% | −0.03pp | #8 |
| 2017 | 1.71% | −0.65pp | #15 |
| 2016 | 2.35% | −0.63pp | #21 |
| 2015 | 2.98% | −0.04pp | #32 |
| 2014 | 3.02% | +0.06pp | #27 |
| 2013 | 2.96% | −0.25pp | #30 |
| 2012 | 3.21% | −0.30pp | #29 |
| 2011 | 3.51% | +0.13pp | #33 |
| 2010 | 3.38% | +0.48pp | #34 |
| 2009 | 2.89% | −0.04pp | #23 |
| 2008 | 2.93% | −0.25pp | #22 |
| 2007 | 3.19% | −0.32pp | #23 |
Detected Pattern
Analysis
Oman matched the Export Boom Cycle pattern in 2013. Historically, 71% of countries showing this pattern (546 out of 768) saw interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Oman's interest rate spread was 1.35% in 2021. Ranked 3rd globally. This represents a 6.0% decrease from the previous year.
Oman's interest rate spread peaked at 5.88% in 2003.
The lowest interest rate spread in Oman was 1.19% in 1985.
Oman ranks 3rd globally in interest rate spread as of 2021.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
The interest rate spread of Oman in 2021 was 1.35%. This ranks 3rd in the world.
Cite this page
@misc{historysaid_oman_interest-rate-spread,
title = {Oman Interest Rate Spread},
url = {https://historysaid.com/oman/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}