International Reserves in Oman
Oman - International ReservesWhile oil production dipped in January–October from the same period a year earlier, the non-oil economy appears to be in better shape. Inflation averaged a mere one-fifth of a percent in January–October, which should have supported consumers’ purchasing power and, by extension, private consumption. Moreover, a recent improvement in the ease of doing business in Oman, as reported by the World Bank in October, should have supported fixed investment growth. On the other hand, annual bank lending growth remained lackluster despite marginally accelerating in October, potentially undermining investment. Meanwhile, looking at the public purse, the fiscal deficit narrowed by a fifth in January–September compared to the same period a year earlier, thanks to higher revenue.
Oman - International Reserves Data
|International Reserves (USD)||15.9||16.3||17.5||20.2||16.1|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||0.38||0.06 %||Nov 21|
|Stock Market||0.1||0.0 %||Nov 21|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.