Oman Government Debt: % of GDP
Key information about Oman Government Debt: % of GDP
- Oman Government debt accounted for 36.5 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 40.9 % in the previous year.
- Oman government debt to GDP ratio data is updated yearly, available from Dec 1990 to Dec 2023.
- The data reached an all-time high of 64.3 % in Dec 2020 and a record low of 3.6 % in Dec 2008.
CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and annual Nominal GDP. The Central Bank of Oman provides Government Debt in local currency. The National Centre for Statistics and Information provides Nominal GDP in local currency based on SNA 2008. Government Debt covers Central Government only. Government Debt as % of Nominal GDP prior to 2001 is sourced from World Bank.
Related information about Oman Government Debt: % of GDP
- In the latest reports, Oman National Government Debt reached 39.7 USD bn in Dec 2023.
- The country's Nominal GDP reached 27.1 USD bn in Mar 2023.
View Oman's Government Debt: % of GDP from 1990 to 2023 in the chart:
What was Oman's Government Debt: % of GDP in 2023?
Oman Government debt accounted for 36.5 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 40.9 % in the previous year. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
36.5 2023 | 40.9 2022 | 3.6 2008 | 64.3 2020 | % | yearly | 1990 - 2023 |
Government Debt: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 53.7 Jun 2024 | quarterly | Sep 2010 - Jun 2024 |
Algeria (%) | 48.9 2023 | yearly | 1997 - 2023 |
Argentina (%) | 80.3 Mar 2023 | quarterly | Dec 2004 - Mar 2023 |
Armenia (%) | 48.5 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
Australia (%) | 38.1 2023 | yearly | 1999 - 2023 |
Austria (%) | 83.0 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Azerbaijan (%) | 16.8 2021 | yearly | 2008 - 2021 |
Bahrain (%) | 88.7 Jun 2024 | quarterly | Dec 2007 - Jun 2024 |
Bangladesh (%) | 26.4 2024 | yearly | 2010 - 2024 |
Belarus (%) | 35.9 Mar 2022 | quarterly | Dec 2003 - Mar 2022 |
Belgium (%) | 108.2 Mar 2024 | quarterly | Dec 1980 - Mar 2024 |
Bolivia (%) | 27.2 2014 | yearly | 1998 - 2014 |
Bosnia and Herzegovina (%) | 19.1 2023 | yearly | 2007 - 2023 |
Botswana (%) | 17.2 Jun 2023 | quarterly | Jun 2014 - Jun 2023 |
Brazil (%) | 77.8 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
Bulgaria (%) | 22.4 Mar 2024 | quarterly | Mar 2007 - Mar 2024 |
Cambodia (%) | 25.3 2022 | yearly | 2013 - 2022 |
Canada (%) | 69.6 2024 | yearly | 1962 - 2024 |
Chile (%) | 40.9 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
China (%) | 24.6 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
Colombia (%) | 58.8 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
Croatia (%) | 61.5 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
Cyprus (%) | 70.5 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Czech Republic (%) | 42.6 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Denmark (%) | 33.7 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Ecuador (%) | 66.9 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Egypt (%) | 68.6 Jun 2020 | quarterly | Jun 2006 - Jun 2020 |
Estonia (%) | 23.8 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
European Union (%) | 81.5 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Finland (%) | 80.0 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
France (%) | 110.6 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
Georgia (%) | 38.3 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Germany (%) | 62.0 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Ghana (%) | 72.3 2023 | yearly | 2006 - 2023 |
Greece (%) | 163.6 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
Hong Kong SAR, China (%) | 50.2 2023 | yearly | 2003 - 2023 |
Hungary (%) | 75.8 Jun 2024 | quarterly | Dec 1990 - Jun 2024 |
Iceland (%) | 64.2 2023 | yearly | 1998 - 2023 |
India (%) | 58.3 Jun 2024 | quarterly | Mar 2012 - Jun 2024 |
Indonesia (%) | 38.9 Sep 2024 | quarterly | Jun 2015 - Sep 2024 |
Iran (%) | 7.5 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
Ireland (%) | 42.8 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Israel (%) | 60.3 2023 | yearly | 1995 - 2023 |
Italy (%) | 139.8 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
Ivory Coast (%) | 8.6 2015 | yearly | 1975 - 2015 |
Japan (%) | 218.7 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
Jordan (%) | 89.5 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Kazakhstan (%) | 21.7 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Kenya (%) | 67.2 Jun 2024 | quarterly | Dec 2009 - Jun 2024 |
South Korea (%) | 46.1 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
Kosovo (%) | 19.9 2022 | yearly | 2009 - 2022 |
Kuwait (%) | 0.3 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Kyrgyzstan (%) | 43.0 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Latvia (%) | 46.4 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Lebanon (%) | 150.6 2020 | yearly | 1998 - 2020 |
Lithuania (%) | 37.4 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Luxembourg (%) | 26.8 Jun 2024 | quarterly | Dec 1997 - Jun 2024 |
North Macedonia (%) | 54.5 Jun 2024 | quarterly | Dec 2009 - Jun 2024 |
Malawi (%) | 66.0 2014 | yearly | 2010 - 2014 |
Malaysia (%) | 65.4 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Malta (%) | 47.1 Mar 2024 | quarterly | Dec 2000 - Mar 2024 |
Mauritius (%) | 69.3 Dec 2023 | quarterly | Jun 2003 - Dec 2023 |
Mexico (%) | 48.2 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Moldova (%) | 34.9 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Mongolia (%) | 59.4 Dec 2021 | quarterly | Dec 2017 - Dec 2021 |
Montenegro (%) | 62.1 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Morocco (%) | 71.5 2022 | yearly | 1994 - 2022 |
Nepal (%) | 39.9 2021 | yearly | 1990 - 2021 |
Netherlands (%) | 43.2 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
New Zealand (%) | 42.6 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
Nigeria (%) | 49.5 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
Norway (%) | 44.3 2023 | yearly | 1995 - 2023 |
Oman (%) | 36.5 2023 | yearly | 1990 - 2023 |
Pakistan (%) | 72.4 2023 | yearly | 2000 - 2023 |
Palestinian Territory (%) | 126.9 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Panama (%) | 61.2 Jun 2024 | quarterly | Dec 2007 - Jun 2024 |
Paraguay (%) | 36.2 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
Peru (%) | 32.7 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Philippines (%) | 61.3 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Poland (%) | 52.3 Jun 2024 | quarterly | Dec 2002 - Jun 2024 |
Portugal (%) | 100.6 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
Qatar (%) | 15.0 2012 | yearly | 2006 - 2012 |
Romania (%) | 51.1 Jun 2024 | quarterly | Dec 2011 - Jun 2024 |
Russia (%) | 14.6 Mar 2024 | quarterly | Dec 2011 - Mar 2024 |
Saudi Arabia (%) | 28.4 Jun 2024 | quarterly | Dec 2016 - Jun 2024 |
Serbia (%) | 52.4 Jun 2024 | quarterly | Sep 2004 - Jun 2024 |
Singapore (%) | 174.1 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Slovakia (%) | 60.5 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
Slovenia (%) | 69.5 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
South Africa (%) | 74.6 Jun 2024 | quarterly | Dec 1960 - Jun 2024 |
Spain (%) | 105.3 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Sri Lanka (%) | 98.8 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
Sweden (%) | 30.2 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
Switzerland (%) | 23.3 2028 | yearly | 1990 - 2028 |
Taiwan (%) | 29.1 2023 | yearly | 1996 - 2023 |
Tajikistan (%) | 36.3 2021 | yearly | 1999 - 2021 |
Thailand (%) | 55.8 Jun 2024 | quarterly | Dec 1997 - Jun 2024 |
Tunisia (%) | 79.7 Dec 2021 | monthly | Apr 2011 - Dec 2021 |
Turkey (%) | 26.1 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
Ukraine (%) | 79.4 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
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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: Current (OMR mn) | 421.000 Aug 2024 | monthly | Mar 2012 - Aug 2024 |
Government Revenue (OMR mn) | 953.000 Aug 2024 | monthly | Jun 2003 - 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: Non Oil: Chemical Products (OMR mn) | 60.000 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) | 210.000 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 (OMR mn) | 24,355.200 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
Money Supply: Quasi Money (OMR mn) | 17,427.900 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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