The benchmark interest rate in Oman was last recorded at 0.50 percent.

Interest Rate in Oman averaged 1.65 percent from 2008 until 2020, reaching an all time high of 5 percent in October of 2008 and a record low of 0.50 percent in March of 2020. This page provides the latest reported value for - Oman Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Oman Interest Rate - values, historical data and charts - was last updated on October of 2020.

Interest Rate in Oman is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Oman to stand at 0.50 in 12 months time. In the long-term, the Oman Interest Rate is projected to trend around 0.50 percent in 2021 and 0.75 percent in 2022, according to our econometric models.

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Oman Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.50 5.00 0.50 2008 - 2020 percent Daily

Oman Money Last Previous Highest Lowest Unit
Interest Rate 0.50 0.50 5.00 0.50 percent [+]
Money Supply M0 1810.80 1967.90 1967.90 357.50 OMR Million [+]
Money Supply M1 5723.50 5579.40 5735.20 454.20 OMR Million [+]
Money Supply M2 19158.60 19062.00 19158.60 2060.00 OMR Million [+]
Foreign Exchange Reserves 6662.90 6286.20 8725.00 1167.30 OMR Million [+]
Deposit Interest Rate 3.45 2.55 9.04 1.90 percent [+]
Loan Growth 1.19 0.68 55.17 0.68 percent [+]
Central Bank Balance Sheet 7821.70 7426.40 9046.20 1267.00 OMR Million [+]

Oman Interest Rate
In Oman, interest rate decisions are taken by the Central Bank of Oman. The official interest rate is the repo rate.