Bank assets as a share of GDP reached 48.9 % in 2013 in Oman, according to the National Central Bank. This is 6.85 % more than in the previous year.
Historically, bank assets as a share of GDP in Oman reached an all time high of 48.9 % in 2013 and an all time low of 30.8 % in 2006. When compared to Oman's main peers, bank assets as a share of GDP in Iran amounted to 54.6 %, 46.6 % in Saudi Arabia, 143 % in United Arab Emirates and 19.5 % in Yemen in 2013.
Oman has been ranked 112th within the group of 163 countries we follow in terms of bank assets as a share of GDP, 38 places behind the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.