Oman Lending Rate
Lending interest rate FR.INR.LEND
Oman's lending rate was 5.50% in 2021, ranked 26th globally. This represents a 0.6% increase from 2020. Data from World Bank, covering 1984–2021.
Overview
Oman's lending rate stood at 5.50% in 2021, a rise of +0.03pp from 2020. Oman ranked 26th globally.
Oman’s policy lending rate has fallen markedly since the 38‑year series began, dropping from an early‑record 10.35 % in 1984 to a 2021 level of 5.50 %, which places the Sultanate 26th in the world. The rate reached its all‑time peak of 10.53 % in 1999 before a gradual decline accelerated after the 2015 trough of 4.88 %. This downward trajectory mirrors the easing of monetary conditions that accompanied lower oil‑price shocks and fiscal consolidation efforts in the mid‑2010s. Oman’s current rate is virtually identical to Brunei Darussalam’s 5.50 % and only marginally above Iceland’s 5.40 %, indicating convergence with other small, open economies that have pursued accommodative policy to support growth. Should global oil markets stabilize at higher prices or inflation pressures rise, the central bank may pause cuts or modestly raise rates, but the prevailing trend suggests further incremental reductions remain likely.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2021 | 5.50% | +0.03pp | #26 |
| 2020 | 5.47% | +0.05pp | #22 |
| 2019 | 5.41% | +0.17pp | #22 |
| 2018 | 5.25% | +0.09pp | #20 |
| 2017 | 5.15% | +0.24pp | #28 |
| 2016 | 4.91% | +0.03pp | #19 |
| 2015 | 4.88% | −0.35pp | #19 |
| 2014 | 5.23% | −0.29pp | #19 |
| 2013 | 5.52% | −0.39pp | #31 |
| 2012 | 5.90% | −0.62pp | #31 |
| 2011 | 6.52% | −0.62pp | #32 |
| 2010 | 7.14% | −0.18pp | #35 |
| 2009 | 7.32% | +0.49pp | #37 |
| 2008 | 6.83% | −0.54pp | #27 |
| 2007 | 7.37% | +0.08pp | #25 |
Detected Pattern
Analysis
Oman matched the Export Boom Cycle pattern in 2013. Historically, 71% of countries showing this pattern (546 out of 768) saw lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Oman's lending rate was 5.50% in 2021. Ranked 26th globally. This represents a 0.6% increase from the previous year.
Oman's lending rate peaked at 10.53% in 1999.
The lowest lending rate in Oman was 4.88% in 2015.
Oman ranks 26th globally in lending rate as of 2021.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
The lending rate of Oman in 2021 was 5.50%. This ranks 26th in the world.
Cite this page
@misc{historysaid_oman_lending-rate,
title = {Oman Lending Rate},
url = {https://historysaid.com/oman/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}