Oman Government Surplus or Deficit: Fiscal

2003 - 2024 | Monthly | OMR mn | Ministry of Finance

Oman Government Surplus or Deficit: Fiscal data was reported at 47.000 OMR mn in Aug 2024. This records an increase from the previous number of 8.000 OMR mn for Jul 2024. Oman Government Surplus or Deficit: Fiscal data is updated monthly, averaging 18.000 OMR mn from Jun 2003 (Median) to Aug 2024, with 253 observations. The data reached an all-time high of 591.600 OMR mn in Aug 2012 and a record low of -1,852.100 OMR mn in Dec 2020. Oman Government Surplus or Deficit: Fiscal data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Oman – Table OM.F002: Government Revenue and Expenditure. Since September 2010, Government Fiscal Surplus/Deficit includes Actual Expenditures Under Settlement.

View Oman's Oman Government Surplus or Deficit: Fiscal from Jun 2003 to Aug 2024 in the chart:

Oman Oman Government Surplus or Deficit: Fiscal

What was Oman's Oman Government Surplus or Deficit: Fiscal in Aug 2024?

Last Previous Min Max Unit Frequency Range
47.000 Aug 2024 8.000 Jul 2024 -1,852.100 Dec 2020 591.600 Aug 2012 OMR mn monthly Jun 2003 - Aug 2024

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Oman Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 46,034.277 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 22,164.117 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.519 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 12.7 2021 yearly 1999 - 2021
GDP per Capita (USD) 23,240.897 2022 yearly 1980 - 2022
Gross Fixed Capital Formation (USD mn) 25,222.984 2022 yearly 1975 - 2022
Gross National Product (GNP) (USD mn) 103,436.389 2022 yearly 1965 - 2022
Gross Savings Rate (%) 34.7 2022 yearly 1980 - 2022
Investment: % of GDP (%) 26.9 2022 yearly 1967 - 2022
Nominal GDP (USD mn) 27,116.8 Mar 2023 quarterly Mar 2005 - Mar 2023
Nominal GDP Growth (%) 4.546 Jun 2024 quarterly Mar 2006 - Jun 2024
Private Consumption Expenditure (USD mn) 38,442.752 2022 yearly 1980 - 2022
Private Consumption: % of GDP (%) 34.3 2022 yearly 1980 - 2022
Public Consumption Expenditure (USD mn) 20,032.027 2022 yearly 1980 - 2022
Public Consumption: % of GDP (%) 17.9 2022 yearly 1980 - 2022
Real GDP Growth (%) 3.1 2021 yearly 1999 - 2021
Total Trade of Goods & Services: % of Nominal GDP (%) 95.667 2021 yearly 1980 - 2021
Production Last Frequency Range
Gold Production (kg) 0.000 2021 yearly 1993 - 2021
Industrial Production Index Growth (%) -1.9 Apr 2017 monthly Jul 1968 - Apr 2017
Minerals Production (Metric Ton) 96,545,840.000 2022 yearly 2009 - 2022
Silver Production (Metric Ton) 0.000 2021 yearly 1996 - 2021
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 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 Debt: % of GDP (%) 36.5 2023 yearly 1990 - 2023
Tax Revenue (USD mn) 4,872.086 2023 yearly 1996 - 2023
National Government Debt (USD mn) 39,697.0 2023 yearly 1990 - 2023
Consolidated Fiscal Balance (USD mn) 122.237 Aug 2024 monthly Jun 2003 - Aug 2024
Tax Revenue: % of GDP (%) 4.5 2023 yearly 1996 - 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 2,275,007.000 2023 yearly 1986 - 2023
Forecast: Population (Person mn) 5.592 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Labour Force Participation Rate (%) 68.3 2023 yearly 1990 - 2023
Labour Productivity Growth (%) -4.24 2023 yearly 1999 - 2023
Population (Person mn) 4.5 2020 yearly 1977 - 2020
Unemployment Rate (%) 4.70 Sep 2024 monthly Mar 2018 - Sep 2024
Domestic Trade and Household Survey Last Frequency Range
Household Expenditure per Capita (USD) 3,110.731 2011 yearly 2007 - 2011
Household Income per Capita (USD) 4,964.629 2011 yearly 2007 - 2011
Motor Vehicle Sales: Commercial Cars (Unit) 13,576.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 49,924.000 2019 yearly 2005 - 2019
Motor Vehicles Sales (Unit) 63,500 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) -0.2 2019 yearly 2006 - 2019

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