Oman Tax Revenue: % of GDP

1996 - 2023 | Yearly | % | CEIC Data

Key information about Oman Tax revenue: % of GDP

  • Oman Tax revenue: % of GDP was reported at 4.6 % in Dec 2023.
  • This records an increase from the previous number of 3.8 % for Dec 2022.
  • Oman Tax revenue: % of GDP data is updated yearly, averaging 2.4 % from Dec 1996 to 2023, with 28 observations.
  • The data reached an all-time high of 4.6 % in 2023 and a record low of 1.4 % in 2000.
  • Oman Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC calculates annual Tax Revenue as % of Nominal GDP from annual Tax Revenue and annual Nominal GDP. The Ministry of Finance provides Tax Revenue in local currency. The National Centre for Statistics and Information provides Nominal GDP in local currency based on SNA 2008. Tax Revenue covers Non Oil Tax by Source only. Nominal GDP prior to 1998 is based on SNA 1993.

View Oman's Tax Revenue: % of GDP from 1996 to 2023 in the chart:

Oman Tax Revenue: % of GDP

What was Oman's Tax Revenue: % of GDP in 2023?

Oman Tax revenue: % of GDP was reported at 4.6 % in Dec 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.6 2023 3.8 2022 1.4 2000 4.6 2023 % yearly 1996 - 2023

Tax Revenue: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 19.2 2023 yearly 2008 - 2023
Algeria (%) 4.8 2023 yearly 1997 - 2023
Argentina (%) 16.1 Sep 2024 quarterly Mar 2004 - Sep 2024
Armenia (%) 25.1 Mar 2023 quarterly Mar 2008 - Mar 2023
Australia (%) 29.8 Dec 2024 quarterly Sep 2002 - Dec 2024
Austria (%) 28.4 Sep 2024 quarterly Mar 2001 - Sep 2024
Azerbaijan (%) 17.5 2024 yearly 1993 - 2024
Bahrain (%) 5.3 2023 yearly 1990 - 2023
Bangladesh (%) 7.4 2024 yearly 2006 - 2024
Belarus (%) 21.7 Sep 2021 quarterly Mar 2009 - Sep 2021
Belgium (%) 29.2 2023 yearly 1980 - 2023
Bolivia (%) 18.0 2023 yearly 1990 - 2023
Bosnia and Herzegovina (%) 21.6 2023 yearly 2005 - 2023
Botswana (%) 34.2 Jun 2023 quarterly Jun 2007 - Jun 2023
Brazil (%) 16.7 Dec 2024 quarterly Sep 1994 - Dec 2024
Brunei (%) 1.8 2023 yearly 2010 - 2023
Bulgaria (%) 28.7 Dec 2024 quarterly Mar 2003 - Dec 2024
Cambodia (%) 13.5 2022 yearly 2009 - 2022
Canada (%) 13.0 Dec 2024 quarterly Mar 1996 - Dec 2024
Chile (%) 19.4 2023 yearly 1990 - 2023
China (%) 11.6 Dec 2024 quarterly Mar 1995 - Dec 2024
Colombia (%) 13.2 Dec 2024 quarterly Mar 2000 - Dec 2024
Croatia (%) 26.1 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (%) 28.5 Sep 2024 quarterly Mar 1995 - Sep 2024
Czech Republic (%) 18.8 Sep 2024 quarterly Mar 1995 - Sep 2024
Denmark (%) 43.0 Sep 2024 quarterly Mar 1999 - Sep 2024
Ecuador (%) 14.2 Sep 2024 quarterly Mar 2000 - Sep 2024
Egypt (%) 5.5 2023 yearly 2005 - 2023
Estonia (%) 23.3 Sep 2024 quarterly Mar 1999 - Sep 2024
European Union (%) 25.8 2023 yearly 1995 - 2023
Finland (%) 31.7 Dec 2024 quarterly Mar 1999 - Dec 2024
France (%) 16.4 Dec 2024 quarterly Mar 2006 - Dec 2024
Georgia (%) 22.7 Sep 2024 quarterly Mar 2006 - Sep 2024
Germany (%) 24.3 Dec 2024 quarterly Mar 1991 - Dec 2024
Ghana (%) 13.9 Jun 2022 quarterly Mar 2008 - Jun 2022
Greece (%) 26.5 Sep 2024 quarterly Mar 1999 - Sep 2024
Hong Kong SAR, China (%) 24.1 Dec 2024 quarterly Sep 1979 - Dec 2024
Hungary (%) 23.7 Sep 2024 quarterly Mar 1999 - Sep 2024
Iceland (%) 32.1 Sep 2024 quarterly Mar 2002 - Sep 2024
India (%) 6.8 Dec 2024 quarterly Jun 1997 - Dec 2024
Indonesia (%) 11.8 Dec 2024 quarterly Mar 2014 - Dec 2024
Iran (%) 4.2 2022 yearly 1996 - 2022
Ireland (%) 17.6 Sep 2024 quarterly Mar 2000 - Sep 2024
Israel (%) 22.5 Sep 2024 quarterly Mar 2001 - Sep 2024
Italy (%) 28.3 Sep 2024 quarterly Mar 1999 - Sep 2024
Ivory Coast (%) 13.1 2023 yearly 1960 - 2023
Japan (%) 13.2 Dec 2024 quarterly Jun 1983 - Dec 2024
Jordan (%) 15.2 2018 yearly 1999 - 2018
Kazakhstan (%) 15.3 Dec 2023 quarterly Mar 2008 - Dec 2023
Kenya (%) 7.0 2023 yearly 2006 - 2023
South Korea (%) 12.2 Dec 2024 quarterly Mar 2000 - Dec 2024
Kosovo (%) 24.8 Sep 2023 quarterly Mar 2010 - Sep 2023
Kuwait (%) 1.1 2023 yearly 1986 - 2023
Kyrgyzstan (%) 17.8 Dec 2024 quarterly Mar 2007 - Dec 2024
Laos (%) 13.0 2023 yearly 2012 - 2023
Latvia (%) 23.8 Sep 2024 quarterly Mar 1999 - Sep 2024
Lebanon (%) 10.9 2020 yearly 1998 - 2020
Lithuania (%) 19.4 Sep 2024 quarterly Mar 1999 - Sep 2024
Luxembourg (%) 29.4 2023 yearly 1995 - 2023
Macau SAR, China (%) 22.8 2023 yearly 2002 - 2023
North Macedonia (%) 17.9 Dec 2024 quarterly Mar 2004 - Dec 2024
Malawi (%) 12.8 2022 yearly 2009 - 2022
Malaysia (%) 13.2 Sep 2024 quarterly Mar 1991 - Sep 2024
Malta (%) 24.5 Sep 2024 quarterly Mar 1999 - Sep 2024
Mauritius (%) 21.9 Dec 2022 quarterly Mar 2010 - Dec 2022
Mexico (%) 13.6 Sep 2024 quarterly Mar 1993 - Sep 2024
Moldova (%) 21.0 2023 yearly 2004 - 2023
Mongolia (%) 24.3 Dec 2024 quarterly Mar 2000 - Dec 2024
Montenegro (%) 24.9 Dec 2024 quarterly Mar 2012 - Dec 2024
Morocco (%) 21.4 Sep 2024 quarterly Mar 2007 - Sep 2024
Mozambique (%) 18.2 2016 yearly 1996 - 2016
Myanmar (%) 4.4 2021 yearly 2005 - 2021
Nepal (%) 19.1 2018 yearly 2001 - 2018
Netherlands (%) 26.6 Jun 2024 quarterly Mar 1999 - Jun 2024
New Zealand (%) 30.2 2023 yearly 1999 - 2023
Norway (%) 31.4 Dec 2024 quarterly Mar 2002 - Dec 2024
Oman (%) 4.6 2023 yearly 1996 - 2023
Pakistan (%) 5.7 2024 yearly 2000 - 2024
Palestinian Territory (%) 21.4 2020 yearly 2005 - 2020
Panama (%) 5.5 Sep 2024 quarterly Mar 2007 - Sep 2024
Paraguay (%) 12.1 Sep 2024 quarterly Mar 1998 - Sep 2024
Peru (%) 14.5 Dec 2024 quarterly Mar 1990 - Dec 2024
Philippines (%) 13.1 Dec 2024 quarterly Mar 1985 - Dec 2024
Poland (%) 14.8 Dec 2024 quarterly Mar 2007 - Dec 2024
Portugal (%) 21.9 Mar 2024 quarterly Mar 1999 - Mar 2024
Russia (%) 21.4 Jun 2024 quarterly Mar 1996 - Jun 2024
Serbia (%) 35.3 Dec 2024 quarterly Mar 2005 - Dec 2024
Singapore (%) 10.4 Dec 2024 quarterly Dec 1987 - Dec 2024
Slovakia (%) 14.9 Dec 2024 quarterly Mar 2005 - Dec 2024
Slovenia (%) 21.7 Dec 2024 quarterly Mar 2000 - Dec 2024
South Africa (%) 21.6 Sep 2024 quarterly Mar 1990 - Sep 2024
Spain (%) 23.6 2023 yearly 1995 - 2023
Sri Lanka (%) 13.1 Sep 2024 quarterly Mar 2014 - Sep 2024
Sudan (%) 5.6 2021 yearly 2001 - 2021
Sweden (%) 21.2 2023 yearly 1995 - 2023
Switzerland (%) 26.7 2022 yearly 1990 - 2022
Taiwan (%) 11.8 Dec 2024 quarterly Mar 1975 - Dec 2024
Tajikistan (%) 20.5 2016 yearly 2000 - 2016
Thailand (%) 13.2 2023 yearly 1990 - 2023
Tunisia (%) 25.4 2023 yearly 1991 - 2023

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Oman 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: 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 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 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) 912.9 Dec 2024 monthly Jan 1975 - Dec 2024
Total Exports (USD mn) 5,141.7 Dec 2024 monthly Mar 2003 - Dec 2024
Total Exports Growth (%) -3.8 Dec 2024 monthly Mar 2004 - Dec 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) 4,228.9 Dec 2024 monthly Jan 1975 - Dec 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) 90.327 Nov 2024 monthly Oct 1986 - Nov 2024
Total Imports from USA (USD mn) 111.142 Nov 2024 monthly Jan 1981 - Nov 2024
Total Exports to China (USD mn) 47.074 Jun 2017 monthly Nov 2009 - Jun 2017
Total Imports from China (USD mn) 543.563 Dec 2024 monthly Jun 1984 - Dec 2024
Exports: Oil and Gas: Crude Oil (OMR mn) 755.000 Dec 2024 monthly Jan 1995 - Dec 2024
Exports: Non Oil: Mineral Products (OMR mn) 165.000 Dec 2024 monthly Jan 2006 - Dec 2024
Exports (OMR mn) 1,977.000 Dec 2024 monthly Jan 1974 - Dec 2024
Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) 232.000 Dec 2024 monthly Jan 2006 - Dec 2024
Exports: Oil and Gas (OMR mn) 1,268.000 Dec 2024 monthly Jan 2006 - Dec 2024
Exports: Non Oil: Chemical Products (OMR mn) 99.000 Dec 2024 monthly Jan 2006 - Dec 2024
Exports: Non Oil: India (OMR mn) 73.000 Dec 2024 monthly Jan 2006 - Dec 2024
Re-Exports (OMR mn) 119.000 Dec 2024 monthly Jan 2006 - Dec 2024
Exports: Non Oil: Saudi Arabia (OMR mn) 84.000 Dec 2024 monthly Jan 2006 - Dec 2024
Exports: Re-Exports: ow United States (OMR mn) 2.000 Dec 2024 monthly Dec 2007 - Dec 2024
Exports: Non Oil (OMR mn) 590.000 Dec 2024 monthly Jan 2006 - Dec 2024
Exports: Non Oil: United Arab Emirates (OMR mn) 111.000 Dec 2024 monthly Jan 2006 - Dec 2024
Imports: Electrical Machinery, Mechanical Equipment and Parts (OMR mn) 328.000 Dec 2024 monthly Jan 2006 - Dec 2024
Imports: Chemical Products (OMR mn) 115.000 Dec 2024 monthly Jan 2006 - Dec 2024
Imports: Mineral Products (OMR mn) 462.000 Dec 2024 monthly Jan 2006 - Dec 2024
Imports: Transport Equipment (OMR mn) 162.000 Dec 2024 monthly Jan 2006 - Dec 2024
Imports: India (OMR mn) 134.000 Dec 2024 monthly Feb 2006 - Dec 2024
Imports: United Arab Emirates (OMR mn) 341.000 Dec 2024 monthly Jan 2006 - Dec 2024
Imports: Saudi Arabia (OMR mn) 87.000 Dec 2024 monthly Jan 2011 - Dec 2024
Imports (OMR mn) 1,626.000 Dec 2024 monthly Jan 1975 - Dec 2024
Exports: Crude Oil: India (Barrel th) 0.000 Dec 2024 monthly Nov 2010 - Dec 2024
Exports: Crude Oil: Japan (Barrel th) 1,200.000 Dec 2024 monthly Feb 2006 - Dec 2024
Exports: Crude Oil: China (Barrel th) 24,760.200 Dec 2024 monthly Feb 2006 - Dec 2024
Exports: Crude Oil (Barrel th) 25,821.300 Jan 2025 monthly Feb 2006 - Jan 2025
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
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 395.3 2023 yearly 2001 - 2023
Current Account Balance (USD mn) 2,637.2 2023 yearly 1974 - 2023
Current Account Balance: % of GDP (%) -4.9 2021 yearly 1980 - 2021
Foreign Direct Investment (USD mn) 12,488.9 2023 yearly 1970 - 2023
Foreign Direct Investment: % of GDP (%) 11.8 2023 yearly 1970 - 2023
Foreign Portfolio Investment (USD mn) -4,153.446 2023 yearly 1996 - 2023
Foreign Portfolio Investment: % of GDP (%) -3.9 2023 yearly 1996 - 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -964.6 2023 yearly 1974 - 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -3,188.557 2023 yearly 1974 - 2023
Forecast: Current Account Balance (USD bn) 2.660 2029 yearly 1980 - 2029
OM: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liab... (USD mn) 0.000 2021 yearly 2017 - 2021
OM: BoP: Financial Account: Financial Derivatives & Employee Stock Options (USD mn) 0.000 2021 yearly 2017 - 2021
BoP: Current Account: Transfers (OMR mn) -3,774.000 2017 yearly 1996 - 2017
Foreign Direct Investment: Construction (OMR mn) 94.200 2023 yearly 2005 - 2023
Foreign Direct Investment: Manufacturing (OMR mn) 2,482.300 2023 yearly 2005 - 2023
Foreign Direct Investment: Financial Intermediation (OMR mn) 1,487.100 2023 yearly 2005 - 2023
Foreign Direct Investment: Real Estate, Renting and Business Activities (OMR mn) 1,033.800 2023 yearly 2005 - 2023
Foreign Direct Investment: Oil and Gas (OMR mn) 19,300.200 2023 yearly 2005 - 2023
Foreign Direct Investment: United Arab Emirates (OMR mn) 705.100 2023 yearly 2005 - 2023
Foreign Direct Investment: United States of America (OMR mn) 6,251.900 2023 yearly 2005 - 2023
Foreign Direct Investment: Kuwait (OMR mn) 1,259.800 2023 yearly 2005 - 2023
Foreign Direct Investment: India (OMR mn) 298.800 2023 yearly 2005 - 2023
Foreign Direct Investment: United Kingdom (OMR mn) 12,461.500 2023 yearly 2005 - 2023
No of Registered Enterprises (Unit) 338,094.000 2021 yearly 1999 - 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) 18,452.796 Dec 2024 monthly Jan 1999 - Dec 2024
Money Supply M2 (USD mn) 64,674.382 Dec 2024 monthly Jan 1999 - Dec 2024
M2 Growth (%) 8.1 Dec 2024 monthly Jan 2000 - Dec 2024
Reserve Requirement Ratio (%) 5.0 Feb 2025 monthly Jun 2006 - Feb 2025
Foreign Exchange Reserves (USD mn) 16,581.5 Dec 2024 monthly Apr 1970 - Dec 2024
Foreign Exchange Reserves: % of GDP (%) 16.368 Sep 2024 quarterly Dec 2005 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 3.9 Dec 2024 monthly Jan 1975 - Dec 2024
Gold Reserves (USD mn) 608.583 Dec 2024 monthly Dec 1969 - Dec 2024
Total Deposits (USD mn) 65,184.718 Dec 2024 monthly Jan 2000 - Dec 2024
Total Deposits Growth (%) 6.2 Dec 2024 monthly Jan 2001 - Dec 2024
Domestic Credit (USD mn) 72,335.8 Dec 2024 monthly Dec 1999 - Dec 2024
Domestic Credit Growth (%) 6.0 Dec 2024 monthly Dec 2000 - Dec 2024
Total Loans (USD mn) 66,467.100 Dec 2024 monthly Dec 1998 - Dec 2024
Total Loans Growth (%) 4.79 Dec 2024 monthly Dec 1999 - Dec 2024
Private Debt: % of Nominal GDP (%) 103.20 Sep 2024 quarterly Dec 2005 - Sep 2024
Domestic Assets (OMR mn) 17,683.400 Dec 2024 monthly Dec 1999 - Dec 2024
Money Supply (OMR mn) 24,867.300 Dec 2024 monthly Jan 1999 - Dec 2024
Money Supply: Quasi Money (OMR mn) 17,772.200 Dec 2024 monthly Jan 1999 - Dec 2024
Deposits: Private Sector (OMR mn) 16,369.500 Dec 2024 monthly Jan 1999 - Dec 2024

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