Oman Forecast: Government Expenditure
1990 - 2029 | Yearly | OMR bn | International Monetary Fund
Key information about Oman Forecast: Government Expenditure
- Oman Government Expenditure is forecasted to be 11.436 OMR bn in Dec 2024 as reported by International Monetary Fund.
- It records an increase from the last reported number of 11.184 OMR bn in Dec 2023.
- Looking ahead, Oman Government Expenditure is projected to stand at 11.851 OMR bn in Dec 2029.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.
View Oman's Forecast: Government Expenditure from 1990 to 2029 in the chart:
What is Oman's Forecast: Government Expenditure in 2029?
Oman Government Expenditure is forecasted to be 11.436 OMR bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 11.851 2029 | 11.656 2028 | 1.872 1991 | 14.762 2014 | OMR bn | yearly | 1990 - 2029 |
Forecast: Government Expenditure by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (AFA bn) | 229.209 2023 | yearly | 2002 - 2023 |
| Albania (ALL bn) | 1,027.504 2029 | yearly | 1997 - 2029 |
| Algeria (DZD bn) | 16,911.079 2029 | yearly | 1990 - 2029 |
| Andorra (%) | 36.271 2028 | yearly | 2001 - 2028 |
| Angola (AOA bn) | 30,579.806 2029 | yearly | 1996 - 2029 |
| Antigua and Barbuda (XCD bn) | 1.469 2029 | yearly | 1990 - 2029 |
| Argentina (ARS bn) | 740,993.414 2029 | yearly | 1993 - 2029 |
| Armenia (AMD bn) | 4,374.501 2029 | yearly | 2005 - 2029 |
| Aruba (%) | 21.292 2028 | yearly | 1995 - 2028 |
| Australia (AUD bn) | 1,268.078 2029 | yearly | 1988 - 2029 |
| Austria (EUR bn) | 308.609 2029 | yearly | 1988 - 2029 |
| Azerbaijan (AZN bn) | 46.605 2029 | yearly | 1994 - 2029 |
| Bahamas (BSD bn) | 3.693 2029 | yearly | 1990 - 2029 |
| Bahrain (BHD bn) | 5.683 2029 | yearly | 1990 - 2029 |
| Bangladesh (BDT bn) | 7,011.275 2024 | yearly | 1980 - 2024 |
| Barbados (BBD bn) | 4.732 2030 | yearly | 1995 - 2030 |
| Belarus (BYN bn) | 138.225 2029 | yearly | 2001 - 2029 |
| Belgium (EUR bn) | 400.202 2029 | yearly | 1980 - 2029 |
| Belize (BZD bn) | 1.937 2029 | yearly | 1996 - 2029 |
| Benin (XOF bn) | 3,898.638 2029 | yearly | 1989 - 2029 |
| Bhutan (BTN bn) | 141.129 2029 | yearly | 1981 - 2029 |
| Bolivia (BOB bn) | 154.661 2029 | yearly | 1984 - 2029 |
| Bosnia and Herzegovina (BAM bn) | 28.027 2029 | yearly | 1998 - 2029 |
| Botswana (BWP bn) | 117.247 2030 | yearly | 1981 - 2030 |
| Brazil (BRL bn) | 6,975.892 2029 | yearly | 2001 - 2029 |
| Brunei (BND bn) | 6.627 2029 | yearly | 1980 - 2029 |
| Bulgaria (BGN bn) | 97.888 2029 | yearly | 1998 - 2029 |
| Burkina Faso (XOF bn) | 5,183.536 2029 | yearly | 1985 - 2029 |
| Burundi (BIF bn) | 8,634.540 2029 | yearly | 1990 - 2029 |
| Cambodia (KHR bn) | 49,759.239 2029 | yearly | 1996 - 2029 |
| Cameroon (XAF bn) | 7,713.943 2029 | yearly | 2000 - 2029 |
| Canada (CAD bn) | 1,546.047 2029 | yearly | 1980 - 2029 |
| Cape Verde (CVE bn) | 97.798 2029 | yearly | 1994 - 2029 |
| Central African Republic (XAF bn) | 431.460 2029 | yearly | 1988 - 2029 |
| Chad (XAF bn) | 2,650.660 2029 | yearly | 1995 - 2029 |
| Chile (CLP bn) | 105,724.758 2029 | yearly | 1990 - 2029 |
| China (RMB bn) | 61,759.865 2029 | yearly | 1982 - 2029 |
| Colombia (COP bn) | 719,334.932 2029 | yearly | 1982 - 2029 |
| Comoros (KMF bn) | 162.544 2029 | yearly | 1984 - 2029 |
| Congo (XAF bn) | 2,406.260 2029 | yearly | 1989 - 2029 |
| Costa Rica (CRC bn) | 11,444.353 2029 | yearly | 1990 - 2029 |
| Croatia (EUR bn) | 49.722 2029 | yearly | 1992 - 2029 |
| Cyprus (EUR bn) | 17.597 2029 | yearly | 1995 - 2029 |
| Czech Republic (CZK bn) | 3,989.504 2029 | yearly | 1995 - 2029 |
| Democratic Republic of Congo (CDF bn) | 58,691.414 2029 | yearly | 1996 - 2029 |
| Denmark (DKK bn) | 1,663.394 2029 | yearly | 1980 - 2029 |
| Djibouti (DJF bn) | 212.245 2029 | yearly | 1990 - 2029 |
| Dominica (XCD bn) | 1.034 2029 | yearly | 1990 - 2029 |
| Dominican Republic (DOP bn) | 1,982.578 2029 | yearly | 1997 - 2029 |
| Ecuador (USD bn) | 51.430 2029 | yearly | 1995 - 2029 |
| Egypt (EGP bn) | 7,219.600 2029 | yearly | 1999 - 2029 |
| El Salvador (SVC bn) | 14.164 2029 | yearly | 1990 - 2029 |
| Equatorial Guinea (XAF bn) | 1,878.274 2029 | yearly | 1980 - 2029 |
| Eritrea (ERN bn) | 9.338 2019 | yearly | 1992 - 2019 |
| Estonia (EUR bn) | 21.897 2029 | yearly | 1995 - 2029 |
| Swaziland (SZL bn) | 38.780 2030 | yearly | 1981 - 2030 |
| Ethiopia (ETB bn) | 4,819.139 2029 | yearly | 1980 - 2029 |
| Fiji (FJD bn) | 5.348 2028 | yearly | 1992 - 2028 |
| Finland (EUR bn) | 185.332 2029 | yearly | 1980 - 2029 |
| France (EUR bn) | 1,934.691 2029 | yearly | 1980 - 2029 |
| Gabon (XAF bn) | 3,683.236 2029 | yearly | 1990 - 2029 |
| Gambia (GMD bn) | 56.764 2029 | yearly | 2000 - 2029 |
| Georgia (GEL bn) | 40.909 2029 | yearly | 1995 - 2029 |
| Germany (EUR bn) | 2,430.883 2029 | yearly | 1991 - 2029 |
| Ghana (GHS bn) | 408.854 2029 | yearly | 1980 - 2029 |
| Greece (EUR bn) | 126.705 2029 | yearly | 1980 - 2029 |
| Grenada (XCD bn) | 1.362 2029 | yearly | 1990 - 2029 |
| Guatemala (GTQ bn) | 192.425 2029 | yearly | 1995 - 2029 |
| Guinea (GNF bn) | 74,925.820 2029 | yearly | 1990 - 2029 |
| Guinea-Bissau (GWP bn) | 366.276 2029 | yearly | 1991 - 2029 |
| Guyana (GYD bn) | 1,506.994 2029 | yearly | 1997 - 2029 |
| Haiti (HTG bn) | 545.979 2029 | yearly | 1997 - 2029 |
| Honduras (HNL bn) | 363.532 2029 | yearly | 1990 - 2029 |
| Hong Kong SAR, China (HKD bn) | 865.064 2030 | yearly | 1982 - 2030 |
| Hungary (HUF bn) | 50,519.031 2029 | yearly | 1995 - 2029 |
| Iceland (ISK bn) | 2,558.091 2029 | yearly | 1980 - 2029 |
| India (INR bn) | 151,611.822 2030 | yearly | 1989 - 2030 |
| Indonesia (IDR bn) | 5,468,663.624 2029 | yearly | 1993 - 2029 |
| Iran (IRR bn) | 102,170,609.775 2030 | yearly | 1991 - 2030 |
| Iraq (IQD bn) | 204,643.953 2029 | yearly | 2004 - 2029 |
| Ireland (EUR bn) | 161.203 2029 | yearly | 1980 - 2029 |
| Israel (ILS bn) | 1,053.304 2029 | yearly | 2000 - 2029 |
| Italy (EUR bn) | 1,200.142 2029 | yearly | 1988 - 2029 |
| Ivory Coast (XOF bn) | 17,297.009 2029 | yearly | 1997 - 2029 |
| Jamaica (JMD bn) | 1,331.228 2030 | yearly | 1991 - 2030 |
| Japan (JPY bn) | 285,838.584 2029 | yearly | 1980 - 2029 |
| Jordan (JOD bn) | 14.085 2029 | yearly | 1985 - 2029 |
| Kazakhstan (KZT bn) | 45,053.221 2029 | yearly | 2002 - 2029 |
| Kenya (KES bn) | 6,278.921 2029 | yearly | 1982 - 2029 |
| Kiribati (AUD bn) | 0.615 2029 | yearly | 1990 - 2029 |
| South Korea (KRW bn) | 700,035.486 2029 | yearly | 1995 - 2029 |
| Kosovo (EUR bn) | 4.315 2029 | yearly | 2000 - 2029 |
| Kuwait (KWD bn) | 27.335 2029 | yearly | 1985 - 2029 |
| Kyrgyzstan (KGS bn) | 792.705 2029 | yearly | 1995 - 2029 |
| Laos (LAK bn) | 50,372.610 2022 | yearly | 2000 - 2022 |
| Latvia (EUR bn) | 22.508 2029 | yearly | 1998 - 2029 |
| Lebanon (LBP bn) | 277,571.056 2023 | yearly | 1990 - 2023 |
| Lesotho (LSL bn) | 34.905 2030 | yearly | 1983 - 2030 |
| Liberia (LRD bn) | 1.506 2029 | yearly | 2000 - 2029 |
| Libya (LYD bn) | 128.676 2029 | yearly | 1990 - 2029 |
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Learn more about what we doOman Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 2.3 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
| Consolidated Fiscal Balance (USD mn) | 122.237 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Tax Revenue (USD mn) | 4,872.086 2023 | yearly | 1996 - 2023 |
| Tax Revenue: % of GDP (%) | 4.5 2023 | yearly | 1996 - 2023 |
| National Government Debt (USD mn) | 39,697.0 2023 | yearly | 1990 - 2023 |
| Government Debt: % of GDP (%) | 36.5 2023 | yearly | 1990 - 2023 |
| Forecast: Government Expenditure (OMR bn) | 11.851 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (OMR bn) | 14.813 2029 | yearly | 1990 - 2029 |
| Forecast: Government Revenue (OMR bn) | 13.627 2029 | yearly | 1990 - 2029 |
| Government Revenue: Corporate Income Tax (OMR mn) | 218.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Government Expenditure: Current (OMR mn) | 626.000 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Government Financing (OMR mn) | -4.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Government Expenditure: Investment (OMR mn) | 82.000 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Government Surplus or Deficit: Fiscal (OMR mn) | 47.000 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Government Expenditure (OMR mn) | 906.000 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Government Surplus or Deficit: Remaining (OMR mn) | 22.000 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
| Government Revenue (OMR mn) | 953.000 Aug 2024 | monthly | Jun 2003 - Aug 2024 |
| Government Revenue: Current (OMR mn) | 421.000 Aug 2024 | monthly | Mar 2012 - Aug 2024 |
| Government Revenue: Non Oil (OMR mn) | 3,524.767 2023 | yearly | 1990 - 2023 |
| Government Debt (OMR mn) | 15,263.500 2023 | yearly | 2001 - 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.354 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,667.1 Aug 2024 | monthly | Jan 1975 - Aug 2024 |
| Total Exports (USD mn) | 5,256.2 Aug 2024 | monthly | Mar 2003 - Aug 2024 |
| Total Exports Growth (%) | 8.0 Aug 2024 | monthly | Mar 2004 - Aug 2024 |
| Aluminum: Exports (USD th) | 1,500,067.073 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 155,305.875 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 4,561.969 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 3,589.1 Aug 2024 | monthly | Jan 1975 - Aug 2024 |
| Total Imports Growth (%) | 0.7 Mar 2023 | monthly | Jan 1976 - Mar 2023 |
| Imports: Medicament (USD th) | 394,025.071 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 155,778.457 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 118.743 Jul 2024 | monthly | Oct 1986 - Jun 2024 |
| Total Imports from USA (USD mn) | 92.299 Jul 2024 | monthly | Jan 1981 - Jun 2024 |
| Total Exports to China (USD mn) | 47.074 Jun 2017 | monthly | Nov 2009 - Jun 2017 |
| Total Imports from China (USD mn) | 418.726 Aug 2024 | monthly | Jun 1984 - Aug 2024 |
| Exports: Oil and Gas (OMR mn) | 1,345.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports: Oil and Gas: Crude Oil (OMR mn) | 839.000 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
| Exports: Non Oil: Mineral Products (OMR mn) | 185.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports (OMR mn) | 2,021.000 Aug 2024 | monthly | Jan 1974 - Aug 2024 |
| Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) | 210.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports: Non Oil: Chemical Products (OMR mn) | 60.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports: Non Oil: India (OMR mn) | 68.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Re-Exports (OMR mn) | 132.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports: Non Oil (OMR mn) | 545.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports: Non Oil: Saudi Arabia (OMR mn) | 76.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports: Non Oil: United Arab Emirates (OMR mn) | 92.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Imports: Electrical Machinery, Mechanical Equipment and Parts (OMR mn) | 229.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Imports: Chemical Products (OMR mn) | 133.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Imports: Mineral Products (OMR mn) | 337.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Imports: Transport Equipment (OMR mn) | 140.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Imports: United Arab Emirates (OMR mn) | 330.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Imports: India (OMR mn) | 130.000 Aug 2024 | monthly | Feb 2006 - Aug 2024 |
| Imports: Saudi Arabia (OMR mn) | 130.000 Aug 2024 | monthly | Jan 2011 - Aug 2024 |
| Imports (OMR mn) | 1,380.000 Aug 2024 | monthly | Jan 1975 - Aug 2024 |
| Exports: Crude Oil: India (Barrel th) | 1,002.000 Sep 2024 | monthly | Nov 2010 - Sep 2024 |
| Exports: Crude Oil: Japan (Barrel th) | 0.000 Sep 2024 | monthly | Feb 2006 - Sep 2024 |
| Exports: Crude Oil (Barrel th) | 25,092.500 Sep 2024 | monthly | Feb 2006 - Sep 2024 |
| Exports: Crude Oil: China (Barrel th) | 24,090.500 Sep 2024 | monthly | Feb 2006 - Sep 2024 |
| Export Volume Index (2015=100) | 113.944 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 84.478 2021 | yearly | 2000 - 2021 |
| Export Value Index (2015=100) | 139.667 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.5 Jun 2024 | quarterly | Jun 2008 - Jun 2024 |
| Non-Performing Loans (USD mn) | 515.735 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Money Supply M1 (USD mn) | 18,016.385 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Money Supply M2 (USD mn) | 63,342.523 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| M2 Growth (%) | 12.4 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Reserve Requirement Ratio (%) | 5.0 Sep 2024 | monthly | Jun 2006 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 16,061.4 Aug 2024 | monthly | Apr 1970 - Aug 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 14.968 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.5 Aug 2024 | monthly | Jan 1975 - Aug 2024 |
| Gold Reserves (USD mn) | 542.003 Aug 2024 | monthly | Dec 1969 - Aug 2024 |
| Total Deposits (USD mn) | 64,280.889 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Total Deposits Growth (%) | 10.1 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Domestic Credit (USD mn) | 69,776.6 Aug 2024 | monthly | Dec 1999 - Aug 2024 |
| Domestic Credit Growth (%) | 4.6 Aug 2024 | monthly | Dec 2000 - Aug 2024 |
| Total Loans (USD mn) | 64,964.109 Aug 2024 | monthly | Dec 1998 - Aug 2024 |
| Total Loans Growth (%) | 1.75 Aug 2024 | monthly | Dec 1999 - Aug 2024 |
| Private Debt: % of Nominal GDP (%) | 48.74 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Domestic Assets (OMR mn) | 17,044.100 Aug 2024 | monthly | Dec 1999 - Aug 2024 |
| Money Supply: Quasi Money (OMR mn) | 17,427.900 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Money Supply (OMR mn) | 24,355.200 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Deposits: Private Sector (OMR mn) | 16,447.700 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
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