Flag of om

Oman Interest Rate

The Oman interest rate fell to 4.75% in September 2025. This rate is the lowest since November 2022. The rate was 5% in August 2025. The Central Bank of Oman lowered its repurchase operations rate by 25 basis points. This decision supports banking system liquidity and domestic financial stability. It also aims to stimulate economic activity by reducing financing costs. This move follows a regional trend of monetary easing and a recent US Federal Reserve rate cut. Inflation in Oman averaged 0.81% in the first five months of 2025. Oman's record low interest rate was 0.5% in March 2020 and its record high was 6% in July 2023.

Historical Data (2015-2025)

(in %)
Date Interest Rate
Sep 18, 2025 4.75%
Aug 31, 2025 5%
Jul 31, 2025 5%
Jun 30, 2025 5%
May 31, 2025 5%
Apr 30, 2025 5%
Mar 31, 2025 5%
Feb 28, 2025 5%
Jan 29, 2025 5%
Dec 19, 2024 5%
Nov 09, 2024 5.25%
Oct 31, 2024 5.5%
Sep 19, 2024 5.5%
Aug 31, 2024 6%
Jul 31, 2024 6%
Jun 30, 2024 6%
May 31, 2024 6%
Apr 30, 2024 6%
Mar 31, 2024 6%
Feb 29, 2024 6%
Jan 31, 2024 6%
Dec 31, 2023 6%
Nov 30, 2023 6%
Oct 31, 2023 6%
Sep 30, 2023 6%
Aug 31, 2023 6%
Jul 26, 2023 6%
Jun 30, 2023 5.75%
May 03, 2023 5.75%
Apr 30, 2023 5.5%
Mar 23, 2023 5.5%
Feb 03, 2023 5.25%
Jan 31, 2023 5%
Dec 18, 2022 5%
Nov 28, 2022 4.5%
Oct 17, 2022 3.75%
Oct 10, 2022 3.75%
Oct 03, 2022 3.75%
Sep 26, 2022 3.75%
Sep 25, 2022 3.75%
Aug 22, 2022 3%
Jul 28, 2022 3%
Jun 20, 2022 2.25%
May 08, 2022 1.5%
Apr 30, 2022 0.75%
Apr 03, 2022 0.75%
Mar 31, 2022 0.5%
Feb 01, 2022 0.5%
Jan 31, 2022 0.5%
Dec 31, 2021 0.5%
Nov 30, 2021 0.5%
Oct 31, 2021 0.5%
Sep 30, 2021 0.5%
Aug 31, 2021 0.5%
Jul 31, 2021 0.5%
Jun 30, 2021 0.5%
May 31, 2021 0.5%
Apr 30, 2021 0.5%
Mar 31, 2021 0.5%
Feb 28, 2021 0.5%
Jan 31, 2021 0.5%
Dec 31, 2020 0.5%
Nov 30, 2020 0.5%
Oct 31, 2020 0.5%
Sep 30, 2020 0.5%
Aug 31, 2020 0.5%
Jul 31, 2020 0.5%
Jun 30, 2020 0.5%
May 31, 2020 0.5%
Apr 30, 2020 0.5%
Mar 31, 2020 0.5%
Feb 29, 2020 2.15%
Jan 31, 2020 2.15%
Dec 31, 2019 2.28%
Nov 30, 2019 2.2%
Oct 31, 2019 2.3%
Sep 30, 2019 2.52%
Aug 31, 2019 2.64%
Jul 31, 2019 2.73%
Jun 30, 2019 2.9%
May 31, 2019 2.93%
Apr 30, 2019 2.99%
Mar 31, 2019 2.99%
Feb 28, 2019 2.98%
Jan 31, 2019 3%
Dec 31, 2018 3.01%
Nov 30, 2018 2.84%
Oct 31, 2018 2.8%
Sep 30, 2018 2.77%
Aug 31, 2018 2.57%
Jul 31, 2018 2.58%
Jun 30, 2018 2.6%
May 31, 2018 2.48%
Apr 30, 2018 2.41%
Mar 31, 2018 2.38%
Feb 28, 2018 2.15%
Jan 31, 2018 2.07%
Dec 31, 2017 2.06%
Nov 30, 2017 1.85%
Oct 31, 2017 1.74%
Sep 30, 2017 1.74%
Aug 31, 2017 1.74%
Jul 31, 2017 1.73%
Jun 30, 2017 1.71%
May 31, 2017 1.54%
Apr 30, 2017 1.49%
Mar 31, 2017 1.48%
Feb 28, 2017 1.28%
Jan 31, 2017 1.28%
Dec 31, 2016 1.26%
Nov 30, 2016 1.1%
Oct 31, 2016 1%
Sep 30, 2016 1%
Aug 31, 2016 1%
Jul 31, 2016 1%
Jun 30, 2016 1%
May 31, 2016 1%
Apr 30, 2016 1%
Mar 31, 2016 1%
Feb 29, 2016 1%
Jan 31, 2016 1%
Dec 31, 2015 1%
Nov 30, 2015 1%
Oct 31, 2015 1%
Sep 30, 2015 1%

Recent Events

datetime event actual previous consensus
2025-09-17 02:30 PM Interest Rate Decision 4.75% 5% -
Oman Interest Rate : Definition
The Interest Rate set by the Central Bank of Oman is the benchmark cost of borrowing in the economy. It influences lending, spending, investment, inflation, and overall financial stability.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 3.7% 2.4% Dec'24
Debt to GDP Ratio 35.2% 36.5% Dec'24
Private Credit (% GDP) 59.91% 55.79% 2023