Oman Deposit Interest Rate

Average rate paid by banks on deposits.

Deposit Interest Rate in Oman increased to 4.15 percent in 2021 from 4.03 percent in 2020.

4.15%
▲ +0.12 pp2021 · previous 4.03%Annual · percent · Source: World Bank — World Development Indicators

Oman Deposit Interest Rate — History

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Oman Deposit Interest Rate — analysis in simple words

Latest reading

Deposit Interest Rate in Oman increased to 4.15 percent in 2021 from 4.03 percent in 2020.

It has risen in each of the last three years.

Recent trend

A year earlier (2020) it was 4.03%, so the latest figure is 0.12 percentage points higher.

Over the past five years the average was 3.82%, with a range from 3.44% to 4.15%. The latest value is above that five-year average.

Historical context

This data series starts in 1984 and has 38 annual observations. The latest reading is higher than 47% of all of them.

The highest value on record is 9.04% (1985) and the lowest is 1.90% (2015). The long-run average is 5.12%.

Compared with other countries

Among 119 economies with recent data, Oman ranks 56th from the top. The median across all these economies is 3.90%, so Oman is above the typical country.

Within Middle East, North Africa, Afghanistan & Pakistan (11 economies with data) it ranks 6th; the regional median is 4.15%.

Statistics

Latest
4.15%2021
Previous
4.03%
5-year average
3.82%
Long-run average
5.12%since 1984
All-time high
9.04%1985
All-time low
1.90%2015
Observations
38Annual

Recent Data

PeriodValueChange
20214.15%▲ +0.12 pp
20204.03%▲ +0.16 pp
20193.88%▲ +0.31 pp
20183.57%▲ +0.13 pp
20173.44%▲ +0.89 pp
20162.56%▲ +0.66 pp
20151.90%▼ −0.30 pp
20142.20%▼ −0.35 pp
20132.56%▼ −0.13 pp
20122.69%▼ −0.32 pp
20113.01%▼ −0.75 pp
20103.76%▼ −0.67 pp
20094.43%▲ +0.53 pp
20083.90%▼ −0.29 pp
20074.18%▲ +0.39 pp
20063.79%▲ +0.97 pp
20052.82%▲ +0.57 pp
20042.25%▼ −0.26 pp
20032.51%▼ −0.82 pp
20023.33%▼ −2.80 pp
20016.13%▼ −1.54 pp
20007.68%▼ −0.46 pp
19998.14%▲ +0.34 pp
19987.80%▲ +1.10 pp
19976.70%▲ +0.26 pp
19966.45%▲ +0.44 pp
19956.00%▲ +2.20 pp
19943.80%▼ −1.24 pp
19935.04%▼ −1.31 pp
19926.35%

Deposit Interest Rate — Oman vs Peers

Latest available reading for each economy (periods may differ). Oman highlighted.

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More Oman indicators

Understanding Deposit Interest Rate — a simple guide

What it measures

The average rate banks pay on deposits.

How it is calculated

Average rate paid by banks on deposits.

Simple example

A 6% deposit rate pays ₹6,000 a year on ₹1 lakh.

▲ When it is high or rising

Higher deposit rates reward saving.

▼ When it is low or falling

Low deposit rates (especially below inflation) reduce real returns for savers.

Why it matters for the economy and markets

Deposit rates affect household savings incentives and banks’ funding costs.

How to read it

Compare with inflation to see whether savers earn a positive real return.

Data source

World Bank — World Development Indicators (series FR.INR.DPST), annual data from 1984 to 2021. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current deposit interest rate of Oman?
Oman deposit interest rate was 4.15% in 2021, compared with 4.03% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest deposit interest rate of Oman?
Since 1984, the highest reading was 9.04% (1985) and the lowest was 1.90% (2015).
What does deposit interest rate measure?
The average rate banks pay on deposits.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.