Oman: Foreign exchange reserves

* indicates monthly or quarterly data series
The most recent value is 7.04 billion Rial Omani as of November 2024, a decline compared to the previous value of 7.21 billion Rial Omani. Historically, the average for Oman from January 2004 to November 2024 is 5.32 billion Rial Omani. The minimum of 1.22 billion Rial Omani was recorded in September 2004, while the maximum of 8.73 billion Rial Omani was reached in July 2016. Click on the following link to see the values of: Foreign exchange reserves around the world.
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* indicates monthly or quarterly data series

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Recent values Oman: Foreign exchange reserves, billion currency units
2024  Nov 7.04
2024  Oct 7.21
2024  Sep 7.49
2024  Aug 6.85
2024  Jul 6.77
2024  Jun 6.99
2024  May 7.37
2024  Apr 6.77


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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 Reference Measure
 Terms of trade 96.91 2021 percent
 Trade openness 100.58 2022 percent
 Financial openness 2.046 2021 index points
 Exports, percent of GDP 59.20 2022 percent
 Exports, billion dollars 66.27 2022 billion U.S. dollars
 Growth of exports 14.19 2021 percent
 Imports, percent of GDP 41.39 2021 percent
 Imports, billion dollars 46.33 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 4.39 2023 percent
 Foreign Direct Investment, billion dollars 12.49 2023 billion U.S. dollars
 Portfolio investment inflows, equities -964.63 2023 million dollars (current)
 Current account, percent of GDP 5.02 2022 percent
 Current account, in dollars 2.64 2023 billion U.S. dollars
 Trade balance, percent of GDP 11.14 2021 percent
 Trade balance, in dollars 17.34 2023 billion U.S. dollars
 Reserves 17.45 2023 billion U.S. dollars
 Remittances, percent of GDP 0.04 2023 percent
 Remittances 39.00 2023 million U.S. dollars
 Net errors and omissions 557.68 2023 million USD
 Foreign exchange reserves 7.04 11/2024 billion
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