Oman - Current account balance

-5.2 (billion US dollars) in 2021

In 2021, current account balance for Oman was -5.2 billion US dollars. Though Oman current account balance fluctuated substantially in recent years, it tended to decrease through 2002 - 2021 period ending at -5.2 billion US dollars in 2021.

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What is current account balance?

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

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What is Oman current account balance?