Oman National Government Debt
1990 - 2023 | Yearly | USD mn | CEIC Data
Key information about Oman National Government Debt
- Oman National Government Debt reached 39.7 USD bn in Dec 2023, compared with 45.8 USD bn in the previous year.
- Oman National Government Debt data is updated yearly, available from Dec 1990 to Dec 2023.
- The data reached an all-time high of 53.2 USD bn in Dec 2021 and a record low of 2.3 USD bn in Dec 1990.
CEIC converts annual Government Debt into USD. The Central Bank of Oman provides Government Debt in local currency. The International Monetary Fund period end market exchange rate is used for currency conversions. Government Debt prior to 2001 is sourced from the World Bank.
Related information about Oman National Government Debt
- In the latest reports, Oman Consolidated Fiscal Balance registered a surplus equal to 2.3 % of its Nominal GDP in Sep 2023.
- The country's Government debt accounted for 36.5 % of its Nominal GDP in Dec 2023.
- Oman Nominal GDP reached 27.1 USD bn in Mar 2023.
View Oman's National Government Debt from 1990 to 2023 in the chart:
What was Oman's National Government Debt in 2023?
Oman National Government Debt reached 39.7 USD bn in Dec 2023, compared with 45.8 USD bn in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 39,697.0 2023 | 45,777.9 2022 | 2,287.9 1990 | 53,247.6 2021 | USD mn | yearly | 1990 - 2023 |
National Government Debt by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 14,967.9 Sep 2024 | quarterly | Sep 2010 - Sep 2024 |
| Algeria (USD mn) | 118,567.0 2023 | yearly | 1997 - 2023 |
| Argentina (USD mn) | 460,068.8 Sep 2024 | quarterly | Dec 1994 - Sep 2024 |
| Armenia (USD mn) | 12,842.2 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Australia (USD mn) | 650,929.8 2023 | yearly | 1999 - 2023 |
| Austria (USD mn) | 444,020.8 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Azerbaijan (USD mn) | 9,223.0 2021 | yearly | 2008 - 2021 |
| Bahrain (USD mn) | 42,416.9 Dec 2024 | monthly | Mar 2001 - Dec 2024 |
| Belarus (USD mn) | 23,375.7 May 2022 | monthly | Dec 2003 - May 2022 |
| Belgium (USD mn) | 688,479.8 Mar 2024 | quarterly | Mar 1980 - Mar 2024 |
| Bolivia (USD mn) | 8,960.7 2014 | yearly | 1998 - 2014 |
| Bosnia and Herzegovina (USD mn) | 3,441.3 2023 | yearly | 2007 - 2023 |
| Botswana (USD mn) | 3,497.5 2023 | yearly | 2002 - 2023 |
| Brazil (USD mn) | 1,452,819.6 Dec 2024 | monthly | Dec 2000 - Dec 2024 |
| Bulgaria (USD mn) | 26,485.1 Oct 2024 | monthly | Dec 2015 - Oct 2024 |
| Canada (USD mn) | 1,519,779.9 2024 | yearly | 1962 - 2024 |
| Chile (USD mn) | 141,514.2 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| China (USD mn) | 4,229,996.2 2023 | yearly | 2005 - 2023 |
| Colombia (USD mn) | 242,468.3 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
| Croatia (USD mn) | 54,192.6 Oct 2024 | monthly | Dec 1995 - Oct 2024 |
| Cyprus (USD mn) | 24,144.2 Nov 2024 | monthly | Dec 2010 - Nov 2024 |
| Czech Republic (USD mn) | 142,011.4 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Denmark (USD mn) | 144,478.2 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Ecuador (USD mn) | 82,846.8 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Egypt (USD mn) | 261,874.2 Jun 2024 | quarterly | Jun 2006 - Jun 2024 |
| Estonia (USD mn) | 10,409.2 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| European Union (USD mn) | 16,136,898.4 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Finland (USD mn) | 250,528.5 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| France (USD mn) | 3,681,160.0 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Georgia (USD mn) | 11,805.2 Dec 2024 | quarterly | Mar 2006 - Dec 2024 |
| Germany (USD mn) | 2,977,160.5 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Greece (USD mn) | 413,329.0 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Hong Kong SAR, China (USD mn) | 190,086.3 2024 | yearly | 2003 - 2024 |
| Hungary (USD mn) | 170,825.4 Sep 2024 | quarterly | Dec 1989 - Sep 2024 |
| Iceland (USD mn) | 20,353.7 2023 | yearly | 1998 - 2023 |
| India (USD mn) | 2,144,556.0 Sep 2024 | quarterly | Dec 1998 - Sep 2024 |
| Indonesia (USD mn) | 547,159.0 Nov 2024 | monthly | Jun 2009 - Nov 2024 |
| Ireland (USD mn) | 242,322.4 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Israel (USD mn) | 310,795.6 2023 | yearly | 1995 - 2023 |
| Italy (USD mn) | 3,169,567.8 Nov 2024 | monthly | Jan 1957 - Nov 2024 |
| Ivory Coast (USD mn) | 3,853.2 2015 | yearly | 1975 - 2015 |
| Japan (USD mn) | 9,396,604.9 Apr 2023 | monthly | Apr 1982 - Apr 2023 |
| Jordan (USD mn) | 48,291.0 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Kazakhstan (USD mn) | 59,945.7 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Kenya (USD mn) | 83,539.2 Sep 2024 | monthly | Sep 1999 - Sep 2024 |
| South Korea (USD mn) | 873,499.9 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Kosovo (USD mn) | 1,875.6 2022 | yearly | 2009 - 2022 |
| Kuwait (USD mn) | 162.3 Dec 2024 | monthly | Dec 1993 - Dec 2024 |
| Kyrgyzstan (USD mn) | 6,617.0 Sep 2024 | monthly | Jan 2011 - Sep 2024 |
| Latvia (USD mn) | 19,486.5 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Lebanon (USD mn) | 101,813.6 Dec 2022 | monthly | Dec 2001 - Dec 2022 |
| Lithuania (USD mn) | 32,892.6 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Luxembourg (USD mn) | 24,343.2 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| North Macedonia (USD mn) | 8,589.2 Dec 2024 | quarterly | Dec 2009 - Dec 2024 |
| Malawi (USD mn) | 2,620.0 2014 | yearly | 2010 - 2014 |
| Malaysia (USD mn) | 300,674.5 Sep 2024 | quarterly | Mar 1978 - Sep 2024 |
| Malta (USD mn) | 11,184.1 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Mauritius (USD mn) | 11,331.6 Dec 2024 | quarterly | Jun 2003 - Dec 2024 |
| Mexico (USD mn) | 874,826.7 Dec 2024 | monthly | Dec 2005 - Dec 2024 |
| Moldova (USD mn) | 6,103.1 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Montenegro (USD mn) | 4,906.6 Sep 2024 | monthly | Dec 2010 - Sep 2024 |
| Morocco (USD mn) | 91,099.0 Dec 2022 | quarterly | Dec 2006 - Dec 2022 |
| Nepal (USD mn) | 14,538.4 2021 | yearly | 1990 - 2021 |
| Netherlands (USD mn) | 508,992.1 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| New Zealand (USD mn) | 118,791.5 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Nigeria (USD mn) | 86,261.2 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Norway (USD mn) | 224,321.2 2023 | yearly | 1995 - 2023 |
| Oman (USD mn) | 39,697.0 2023 | yearly | 1990 - 2023 |
| Panama (USD mn) | 53,736.7 Dec 2024 | monthly | Jul 2004 - Dec 2024 |
| Paraguay (USD mn) | 13,433.8 2022 | yearly | 2003 - 2022 |
| Peru (USD mn) | 93,104.6 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Philippines (USD mn) | 276,679.8 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
| Poland (USD mn) | 496,703.5 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Portugal (USD mn) | 280,150.2 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Qatar (USD mn) | 26,518.7 2012 | yearly | 2003 - 2012 |
| Romania (USD mn) | 198,815.0 Nov 2024 | monthly | Nov 2011 - Nov 2024 |
| Russia (USD mn) | 285,610.0 Dec 2024 | monthly | May 2009 - Dec 2024 |
| Saudi Arabia (USD mn) | 319,733.3 2024 | yearly | 2004 - 2024 |
| Serbia (USD mn) | 40,238.7 Dec 2024 | monthly | Sep 2004 - Dec 2024 |
| Singapore (USD mn) | 962,571.7 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Slovakia (USD mn) | 81,870.1 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Slovenia (USD mn) | 49,311.3 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| South Africa (USD mn) | 300,217.4 Dec 2024 | monthly | Jan 1960 - Dec 2024 |
| Spain (USD mn) | 1,823,451.4 Sep 2024 | quarterly | Dec 1990 - Sep 2024 |
| Sri Lanka (USD mn) | 96,536.0 Sep 2024 | quarterly | Mar 2014 - Sep 2024 |
| Sweden (USD mn) | 180,873.9 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Switzerland (USD mn) | 267,524.5 2022 | yearly | 1990 - 2022 |
| Taiwan (USD mn) | 223,824.2 2023 | yearly | 1996 - 2023 |
| Thailand (USD mn) | 306,237.4 Dec 2024 | monthly | Oct 1997 - Dec 2024 |
| Tunisia (USD mn) | 41,275.5 Nov 2024 | monthly | Apr 2011 - Nov 2024 |
| Turkey (USD mn) | 254,513.1 2022 | yearly | 2001 - 2022 |
| Ukraine (USD mn) | 159,195.6 Dec 2024 | monthly | Dec 2004 - Dec 2024 |
| United Kingdom (USD mn) | 3,810,886.0 Sep 2024 | quarterly | Mar 1966 - Sep 2024 |
| United States (USD mn) | 36,220,207.0 Jan 2025 | monthly | Jan 1969 - Jan 2025 |
| Uruguay (USD mn) | 44,366.8 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Venezuela (USD mn) | 105,131.7 2016 | yearly | 1996 - 2016 |
| Vietnam (USD mn) | 142,876.9 2023 | yearly | 2010 - 2023 |
| Yemen (USD mn) | 20,434.2 2013 | yearly | 2004 - 2013 |
Accurate Macro & Micro Economic Data You Can Trust
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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) | 114.434 Oct 2024 | monthly | Jun 2003 - Oct 2024 |
| Tax Revenue (USD mn) | 4,872.086 2023 | yearly | 1996 - 2023 |
| Tax Revenue: % of GDP (%) | 4.6 2023 | yearly | 1996 - 2023 |
| National Government Debt (USD mn) | 39,697.0 2023 | yearly | 1990 - 2023 |
| Government Debt: % of GDP (%) | 37.5 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) | 18.000 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Government Expenditure: Current (OMR mn) | 709.000 Oct 2024 | monthly | Jun 2003 - Oct 2024 |
| Government Financing (OMR mn) | -8.000 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Government Expenditure: Investment (OMR mn) | 152.000 Oct 2024 | monthly | Jun 2003 - Oct 2024 |
| Government Expenditure (OMR mn) | 961.000 Oct 2024 | monthly | Jun 2003 - Oct 2024 |
| Government Surplus or Deficit: Fiscal (OMR mn) | 44.000 Oct 2024 | monthly | Jun 2003 - Oct 2024 |
| Government Surplus or Deficit: Remaining (OMR mn) | 22.000 Jul 2024 | monthly | Jan 2006 - Jul 2024 |
| Government Revenue (OMR mn) | 1,005.000 Oct 2024 | monthly | Jun 2003 - Oct 2024 |
| Government Revenue: Current (OMR mn) | 230.000 Oct 2024 | monthly | Mar 2012 - Oct 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) | 1,456.4 Nov 2024 | monthly | Jan 1975 - Nov 2024 |
| Total Exports (USD mn) | 4,957.1 Nov 2024 | monthly | Mar 2003 - Nov 2024 |
| Total Exports Growth (%) | -1.9 Nov 2024 | monthly | Mar 2004 - Nov 2024 |
| Aluminum: Exports (USD th) | 1,500,067.073 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 135,166.038 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 7,003.054 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 3,500.7 Nov 2024 | monthly | Jan 1975 - Nov 2024 |
| Total Imports Growth (%) | 0.7 Mar 2023 | monthly | Jan 1976 - Mar 2023 |
| Imports: Medicament (USD th) | 433,950.703 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 179,136.184 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 76.769 Oct 2024 | monthly | Oct 1986 - Oct 2024 |
| Total Imports from USA (USD mn) | 122.932 Oct 2024 | monthly | Jan 1981 - Oct 2024 |
| Total Exports to China (USD mn) | 47.074 Jun 2017 | monthly | Nov 2009 - Jun 2017 |
| Total Imports from China (USD mn) | 395.319 Nov 2024 | monthly | Jun 1984 - Nov 2024 |
| Exports: Oil and Gas: Crude Oil (OMR mn) | 703.000 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Exports: Oil and Gas (OMR mn) | 1,226.000 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Exports: Non Oil: Mineral Products (OMR mn) | 124.000 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Exports (OMR mn) | 1,906.000 Nov 2024 | monthly | Jan 1974 - Nov 2024 |
| Exports: Non Oil: Chemical Products (OMR mn) | 76.000 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) | 228.000 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Exports: Non Oil: India (OMR mn) | 67.000 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Re-Exports (OMR mn) | 145.000 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Exports: Non Oil (OMR mn) | 536.000 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Exports: Non Oil: Saudi Arabia (OMR mn) | 101.000 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Exports: Non Oil: United Arab Emirates (OMR mn) | 97.000 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Exports: Re-Exports: ow United States (OMR mn) | 2.000 Nov 2024 | monthly | Dec 2007 - Nov 2024 |
| Imports: Electrical Machinery, Mechanical Equipment and Parts (OMR mn) | 239.000 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Imports: Mineral Products (OMR mn) | 326.000 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Imports: Chemical Products (OMR mn) | 96.000 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Imports: Transport Equipment (OMR mn) | 143.000 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Imports: United Arab Emirates (OMR mn) | 316.000 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Imports: Saudi Arabia (OMR mn) | 86.000 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Imports: India (OMR mn) | 97.000 Nov 2024 | monthly | Feb 2006 - Nov 2024 |
| Imports (OMR mn) | 1,346.000 Nov 2024 | monthly | Jan 1975 - Nov 2024 |
| Exports: Crude Oil: Japan (Barrel th) | 1,200.000 Dec 2024 | monthly | Feb 2006 - Dec 2024 |
| Exports: Crude Oil: India (Barrel th) | 0.000 Dec 2024 | monthly | Nov 2010 - Dec 2024 |
| Exports: Crude Oil (Barrel th) | 26,230.000 Dec 2024 | monthly | Feb 2006 - Dec 2024 |
| Exports: Crude Oil: China (Barrel th) | 24,760.200 Dec 2024 | monthly | Feb 2006 - Dec 2024 |
| Export Value Index (2015=100) | 139.667 2021 | yearly | 1980 - 2021 |
| Export Volume Index (2015=100) | 113.944 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 84.478 2021 | yearly | 2000 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.5 Sep 2024 | quarterly | Jun 2008 - Sep 2024 |
| Non-Performing Loans (USD mn) | 528.739 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Money Supply M1 (USD mn) | 18,325.878 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Money Supply M2 (USD mn) | 64,571.391 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| M2 Growth (%) | 11.0 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Reserve Requirement Ratio (%) | 5.0 Dec 2024 | monthly | Jun 2006 - Dec 2024 |
| Foreign Exchange Reserves (USD mn) | 16,494.4 Nov 2024 | monthly | Apr 1970 - Nov 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 16.368 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.7 Nov 2024 | monthly | Jan 1975 - Nov 2024 |
| Gold Reserves (USD mn) | 615.345 Nov 2024 | monthly | Dec 1969 - Nov 2024 |
| Total Deposits (USD mn) | 64,691.238 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Total Deposits Growth (%) | 8.1 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Domestic Credit (USD mn) | 71,350.1 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Domestic Credit Growth (%) | 3.7 Nov 2024 | monthly | Dec 2000 - Nov 2024 |
| Total Loans (USD mn) | 66,053.056 Nov 2024 | monthly | Dec 1998 - Nov 2024 |
| Total Loans Growth (%) | 1.99 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Private Debt: % of Nominal GDP (%) | 103.20 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Domestic Assets (OMR mn) | 17,250.400 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Money Supply (OMR mn) | 24,827.700 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Money Supply: Quasi Money (OMR mn) | 17,781.400 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Deposits: Private Sector (OMR mn) | 16,236.400 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
More Indicators for Oman
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