Capital Flows Atlas

Countries · Middle East

Oman

Oman is a smaller Gulf oil producer that has been working to diversify its economy and attract more foreign investment.

At a glance

Population, 20255.5m
GDP, 2025$109.6bn$19,947 per person
Real GDP growth, 2025+2.4%Inflation: 1.0%
Current account, 2025−1.1% of GDP−$1.2bn
Reserves incl. gold, 2024$18.3bn

Net inflows of foreign direct investment were $6.75bn in 2025, against an average of $5.00bn a year in 2015–2024. Investors based in Oman withdrew a net $0.15bn of direct investment from abroad in the same year. Foreign investors were net buyers of $0.19bn of shares in Oman in 2025.

Oman ran current account deficits from 2015 to 2021, then small surpluses from 2022 to 2024 as oil prices rose, before a small deficit in 2025. Its US Treasury holdings are not reported separately.

Direct and equity investment

Annual net flows, $bn. Direct investment means building or buying businesses; portfolio equity means buying listed shares and fund units.

Net flows by year

Direct investment into and out of Oman, and foreign buying of its shares, $bn.

Current account and reserves

The balance of trade and income with the rest of the world, and the reserves held by the central bank.

Current account balance

Each year, $bn. A surplus means the country lends to the rest of the world.

Foreign exchange reserves, including gold

End of year, $bn.

The economy

GDP

Current US dollars, $bn. Dollar figures also move with exchange rates.

Growth and inflation

Real GDP growth and consumer price inflation, per cent.

All figures

Annual figures from the World Bank, as published. Download them for every country on the data page.

Indicator20152016201720182019202020212022202320242025
Population (m)4.184.394.544.604.594.524.504.735.055.285.49
GDP ($bn)78.775.180.991.588.175.987.3109.9106.2107.1109.6
GDP per person ($)18,80817,11017,82019,90219,18016,78519,40323,22421,02820,28519,947
Real GDP growth (%)5.05.00.31.3−1.1−3.42.68.01.41.62.4
Inflation (%)0.11.11.60.90.5−0.41.72.51.00.61.0
Current account ($bn)−10.85−12.48−11.01−4.44−4.33−12.61−4.844.012.163.83−1.20
Current account (% GDP)−13.8−16.6−13.6−4.9−4.9−16.6−5.53.72.03.6−1.1
Reserves incl. gold ($bn)17.520.316.117.416.715.019.717.617.518.3—
Direct investment in ($bn)−2.172.272.885.602.001.918.756.8712.559.336.75
Direct investment out ($bn)0.330.362.420.13−0.59−0.841.18−0.30−0.18−0.04−0.15
Portfolio equity in ($bn)1.000.130.50−0.860.591.120.510.29−0.96−0.840.19
Remittances ($bn)0.040.040.040.040.040.040.040.040.040.040.04

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