🇴🇲 Oman External balance on goods and services
Oman External balance on goods and services was $7.12B in 2024, up 4.3% from 2023, according to World Bank data. The 10-year average is $3.70B. Historical data available from 1967 to 2024 (57 data points). The all-time high was $8.77B in 2022.
Source: World Bank World Development Indicators • 1967–2024 • 57 data points • Economy & Growth
Latest Value
$7.12B
2024
Year-on-Year
+4.3%
vs 2023
10-Year Average
$3.70B
2015–2024
Range
High: $8.77B (2022)
Low: -421,000,000 (1998)
Oman External balance on goods and services (current LCU) — 1967 to 2024
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About this Indicator
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Historical Data Table
| Year | Value |
|---|---|
| 2024 | $7.12B |
| 2023 | $6.83B |
| 2022 | $8.77B |
| 2021 | $3.60B |
| 2020 | $652.00M |
| 2019 | $4.24B |
| 2018 | $4.21B |
| 2017 | $771.00M |
| 2016 | -65,000,000 |
| 2015 | $886.00M |
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<iframe src="https://nationstat.com/country/oman/external-balance-on-goods-and-services-current-lcu" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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🇦🇱Albania
-173,349,344,8002024
🇦🇪United Arab Emirates
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🇦🇷Argentina
$15.00T2024
🇦🇲Armenia
-286,844,600,0002024
🇦🇸American Samoa
-268,000,0002022
🇦🇬Antigua and Barbuda
-416,080,0002022
🇦🇺Australia
$56.22B2024
🇦🇹Austria
$12.50B2024
🇦🇿Azerbaijan
$11.52B2024
🇧🇪Belgium
-2,392,100,0002024
🇧🇯Benin
-385,500,000,0002024
🇧🇫Burkina Faso
-474,908,520,3002024
🇧🇩Bangladesh
-2,929,404,000,0002024
🇧🇬Bulgaria
$5.15B2024
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🇧🇸Bahamas, The
-581,900,0002024
🇧🇦Bosnia and Herzegovina
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🇧🇾Belarus
-4,414,000,0002024
🇧🇿Belize
$94.46M2024
🇧🇲Bermuda
$2.68B2024
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-15,577,806,9002024
🇧🇷Brazil
$34.47B2024
🇧🇳Brunei Darussalam
$3.27B2024
🇧🇹Bhutan
-62,117,253,6002023
🇧🇼Botswana
-42,937,809,5002024
🇨🇫Central African Republic
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🇨🇦Canada
-8,061,000,0002024
🇨🇭Switzerland
$84.30B2024
🇨🇱Chile
$11.18T2024
🇨🇳China
$3.84T2024
🇨🇮Cote d'Ivoire
$417.93B2024
🇨🇲Cameroon
-987,800,000,0002024
🇨🇩Congo, Dem. Rep.
-6,100,791,643,0002024
🇨🇬Congo, Rep.
$1.18T2024
🇨🇴Colombia
-82,368,000,000,0002024
🇰🇲Comoros
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🇨🇻Cabo Verde
-31,967,278,3202024
🇨🇷Costa Rica
$2.82T2024
🇨🇺Cuba
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🇨🇼Curacao
-1,569,200,0002018
🇰🇾Cayman Islands
$650.10M2020
🇨🇾Cyprus
$1.26B2024
🇨🇿Czechia
$503.67B2024
🇩🇪Germany
$163.52B2024
🇩🇯Djibouti
$85.55B2024
🇩🇰Denmark
$299.68B2024
🇩🇴Dominican Republic
-462,507,273,4002024
🇩🇿Algeria
-155,178,000,0002024
🇪🇨Ecuador
$4.18B2024
🇪🇬Egypt, Arab Rep.
-952,090,000,0002024
🇪🇷Eritrea
-3,519,140,2002011
🇪🇸Spain
$66.35B2024
🇪🇪Estonia
$120.05M2024
🇪🇹Ethiopia
-745,007,508,5002024
🇫🇮Finland
$981.00M2024
🇫🇷France
-9,597,100,0002024
🇫🇴Faroe Islands
$938.80M2024
🇫🇲Micronesia, Fed. Sts.
-210,000,0002024
🇬🇦Gabon
$4.70T2024
🇬🇧United Kingdom
-25,144,000,0002024
🇬🇪Georgia
-7,280,238,8202024
🇬🇭Ghana
$13.54B2024
🇬🇳Guinea
-32,172,002,842,7002024
🇬🇲Gambia, The
-40,186,063,3412024
🇬🇼Guinea-Bissau
-203,272,728,0002024
🇬🇶Equatorial Guinea
$757.56B2024
🇬🇷Greece
-13,146,353,0002024
🇬🇱Greenland
-2,359,000,0002023
🇬🇹Guatemala
-136,644,174,1002024
🇬🇺Guam
-3,876,000,0002022
🇬🇾Guyana
-41,391,399,9002005
🇭🇰Hong Kong SAR, China
$129.42B2024
🇭🇳Honduras
-220,884,500,0002024
🇭🇷Croatia
-3,977,539,1002024
🇭🇹Haiti
-515,355,794,8002024
🇭🇺Hungary
$3.48T2024
🇮🇩Indonesia
$397.17T2024
🇮🇳India
-7,690,332,525,8002024
🇮🇪Ireland
$235.24B2024
🇮🇷Iran, Islamic Rep.
-10,673,411,014,974,3002024
🇮🇶Iraq
$15.65T2024
🇮🇸Iceland
-48,778,643,0002024
🇮🇱Israel
$48.33B2024
🇮🇹Italy
$48.09B2024
🇯🇴Jordan
-5,475,700,0002024
🇯🇵Japan
-5,297,500,000,0002024
🇰🇿Kazakhstan
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🇰🇪Kenya
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🇰🇬Kyrgyz Republic
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🇰🇭Cambodia
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🇰🇮Kiribati
-416,010,1782023
🇰🇷Korea, Rep.
$104.17T2024
🇰🇼Kuwait
$9.85B2023
🇱🇦Lao PDR
-11,212,414,221,0002016
🇱🇧Lebanon
-742,807,474,000,0002023
🇱🇾Libya
$35.44B2024
🇱🇰Sri Lanka
-784,795,286,6692024
🇱🇸Lesotho
-21,753,261,7002023
🇱🇹Lithuania
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🇱🇺Luxembourg
$27.40B2024
🇱🇻Latvia
-643,429,0002024
🇲🇴Macao SAR, China
$168.17B2024
🇲🇦Morocco
-130,781,000,0002024
🇲🇩Moldova
-83,671,097,9002024
🇲🇬Madagascar
-6,665,208,709,2002024
🇲🇻Maldives
-49,470,6002024
🇲🇽Mexico
-401,707,502,0002024
🇲🇭Marshall Islands
-115,117,2412024
🇲🇰North Macedonia
-125,008,000,0002024
🇲🇱Mali
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🇲🇹Malta
$4.34B2024
🇲🇪Montenegro
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🇲🇳Mongolia
-818,934,620,0002024
🇲🇵Northern Mariana Islands
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🇲🇿Mozambique
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🇲🇷Mauritania
-46,573,500,0002024
🇲🇺Mauritius
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🇲🇼Malawi
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🇲🇾Malaysia
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🇳🇦Namibia
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🇳🇨New Caledonia
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🇳🇪Niger
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🇳🇬Nigeria
-230,293,7001960
🇳🇮Nicaragua
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🇳🇱Netherlands
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🇳🇴Norway
$707.77B2024
🇳🇵Nepal
-1,443,603,761,4492024
🇳🇷Nauru
-136,900,0002024
🇳🇿New Zealand
-6,938,000,0002024
🇴🇲Oman
$7.12B2024
🇵🇰Pakistan
-7,150,383,537,4002024
🇵🇦Panama
$4.36B2024
🇵🇪Peru
$60.79B2024
🇵🇭Philippines
-3,792,036,549,6002024
🇵🇼Palau
-149,808,6622023
🇵🇬Papua New Guinea
$1.68B2004
🇵🇱Poland
$146.14B2024
🇵🇷Puerto Rico (US)
$11.51B2024
🇵🇹Portugal
$5.35B2024
🇵🇾Paraguay
-8,160,163,481,5702024
🌐West Bank and Gaza
-5,379,400,0002024
🇵🇫French Polynesia
-194,100,000,0002024
🇶🇦Qatar
$317.31B2022
🇷🇴Romania
-105,708,100,0002024
🇷🇺Russian Federation
$8.70T2024
🇷🇼Rwanda
-1,561,121,999,8002024
🇸🇦Saudi Arabia
$164.57B2024
🇸🇩Sudan
-431,022,368,4002024
🇸🇳Senegal
-3,731,600,000,0002024
🇸🇬Singapore
$257.33B2024
🇸🇧Solomon Islands
-4,046,570,1882024
🇸🇱Sierra Leone
-9,469,619,4312024
🇸🇻El Salvador
-6,768,230,0002024
🇸🇲San Marino
$581.25M2023
🇸🇴Somalia, Fed. Rep.
-228,485,486,580,0002024
🇷🇸Serbia
-444,276,400,0002024
🇸🇸South Sudan
$3.35B2015
🇸🇷Suriname
$1.70B2010
🇸🇰Slovak Republic
-320,053,0002024
🇸🇮Slovenia
$4.16B2024
🇸🇪Sweden
$174.56B2024
🇸🇿Eswatini
$27.74M2024
🇸🇨Seychelles
-5,678,316,7002024
🇸🇾Syrian Arab Republic
-19,480,347,000,0002022
🇹🇩Chad
$1.38T2024
🇹🇬Togo
-623,287,000,0002022
🇹🇭Thailand
$622.96B2024
🇹🇯Tajikistan
-41,495,800,0002023
🇹🇲Turkmenistan
$15.41B2024
🇹🇱Timor-Leste
-1,386,770,1532024
🇹🇴Tonga
-699,921,2572023
🇹🇳Tunisia
-10,057,200,0002024
🇹🇷Turkiye
$239.72B2024
🇹🇿Tanzania
-3,793,767,446,0002024
🇺🇬Uganda
-18,614,006,485,7002024
🇺🇦Ukraine
-1,449,982,000,0002024
🇺🇾Uruguay
$164.63B2024
🇺🇸United States
-909,600,000,0002024
🇺🇿Uzbekistan
-221,034,970,508,3002024
🇻🇪Venezuela, RB
$376.54B2024
🇻🇮Virgin Islands (U.S.)
-509,000,0002022
🇻🇳Viet Nam
$742.10T2024
🇻🇺Vanuatu
-54,460,000,0002022
🇼🇸Samoa
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🌐Kosovo
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🇾🇪Yemen, Rep.
-4,465,409,127,8002018
🇿🇦South Africa
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🇿🇲Zambia
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🇿🇼Zimbabwe
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Related Indicators
Adjusted net national income (current US$)
56.5B
2021
Adjusted net national income (constant 2015 US$)
55.5B
2021
Adjusted net national income per capita (current US$)
12.6K
2021
Adjusted net national income per capita (constant 2015 US$)
12.3K
2021
Adjusted net national income per capita (annual % growth)
-2.9
2021