Oman: Foreign exchange reserves

* indicates monthly or quarterly data series
 Oman

Foreign exchange reserves, billion currency units

 Latest value 6.86
 Reference February 2024
 Measure billion Rial Omani
 Data availability January 2004 - February 2024
 Average 5.26
 Min - Max 1.22 - 8.73
 Source Central Bank of Oman
For that indicator, we provide data for Oman from January 2004 to February 2024. The average value for Oman during that period was 5.26 billion Rial Omani with a minimum of 1.22 billion Rial Omani in September 2004 and a maximum of 8.73 billion Rial Omani in July 2016. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Oman - Foreign exchange reserves - recent values

Historical chart
Oman - Foreign exchange reserves - historical chart - 2004-2024
Measure: billion Rial Omani
Source: Central Bank of Oman


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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest value Reference Measure
 Terms of trade 96.91 2021 percent
 Trade openness 93.92 2021 percent
 Financial openness 2.046 2021 index points
 Exports, percent of GDP 52.53 2021 percent
 Exports, billion dollars 46.32 2021 billion U.S. dollars
 Growth of exports 14.19 2021 percent
 Imports, percent of GDP 41.39 2021 percent
 Imports, billion dollars 36.50 2021 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 4.78 2022 percent
 Foreign Direct Investment, billion dollars 3.72 2022 billion U.S. dollars
 Portfolio investment inflows, equities 618.47 2021 million dollars (current)
 Current account, percent of GDP 5.02 2022 percent
 Current account, in dollars 5.75 2022 billion U.S. dollars
 Trade balance, percent of GDP 11.14 2021 percent
 Trade balance, in dollars 23.38 2022 billion U.S. dollars
 Reserves 17.61 2022 billion U.S. dollars
 Remittances, percent of GDP 0.03 2022 percent
 Remittances 39.39 2022 million U.S. dollars
 Net errors and omissions 787.29 2022 million USD
 Foreign exchange reserves 6.20 9/2023 billion
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