The value of loans in Oman increased 1.35 percent in February of 2020 over the same month in the previous year.

Loan Growth in Oman averaged 13.77 percent from 2005 until 2020, reaching an all time high of 55.17 percent in July of 2008 and a record low of 1.35 percent in February of 2020. This page provides - Oman Loan Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Credit Growth at Conventional Banks - data, historical chart, forecasts and calendar of releases - was last updated on April of 2020.

Loan Growth in Oman is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in Oman to stand at 6.00 in 12 months time. In the long-term, the Oman Credit Growth at Conventional Banks is projected to trend around 7.00 percent in 2021, according to our econometric models.

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Oman Credit Growth at Conventional Banks

Actual Previous Highest Lowest Dates Unit Frequency
1.35 1.97 55.17 1.35 2005 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-01-09 10:50 AM Total Credit YoY Nov 1.66% 2.5% 2.9%
2020-02-10 08:00 AM Total Credit YoY Dec 1.76% 1.66% 1.2%
2020-03-05 09:00 AM Total Credit YoY Jan 1.97% 1.76% 1.9%
2020-04-03 02:30 PM Total Credit YoY Feb 1.35% 1.97% 2.1%
2020-05-11 10:00 AM Total Credit YoY Mar 1.35% 1%
2020-06-17 10:00 AM Total Credit YoY Apr
2020-07-15 10:00 AM Total Credit YoY May
2020-08-01 10:00 AM Total Credit YoY Jun 6.5%

Oman Money Last Previous Highest Lowest Unit
Interest Rate 2.15 2.15 5.00 1.00 percent [+]
Money Supply M0 1602.30 1599.20 1895.00 357.50 OMR Million [+]
Money Supply M1 5228.50 5359.50 5480.30 454.20 OMR Million [+]
Money Supply M2 18008.60 17921.60 18008.60 2060.00 OMR Million [+]
Foreign Exchange Reserves 6111.50 6291.90 8725.00 1167.30 OMR Million [+]
Deposit Interest Rate 3.45 2.55 9.04 1.90 percent [+]
Loan Growth 1.35 1.97 55.17 1.35 percent [+]
Central Bank Balance Sheet 7211.20 7521.10 9046.20 1267.00 OMR Million [+]