Oman recorded a government budget deficit of 257 OMR Million in May of 2019. Government Budget Value in Oman averaged 3587.22 OMR Million from 1980 until 2019, reaching an all time high of 16379 OMR Million in February of 2001 and a record low of -3373.20 OMR Million in December of 2012.

Oman Government Budget Value
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-18 08:50 AM Budget Balance Dec OMR-194.7M OMR165.1M
2019-07-21 10:00 AM Budget Balance Mar OMR-436.4M OMR-194.7M OMR-280M
2019-07-21 10:00 AM Budget Balance Apr OMR283.9M OMR-436.4M
2019-07-21 10:00 AM Budget Balance May OMR-257M OMR283.9M
2019-08-30 10:00 AM Budget Balance Jun OMR-257M OMR-32M
2019-09-29 10:00 AM Budget Balance Jul
2019-10-31 10:00 AM Budget Balance Aug


Oman Government Last Previous Highest Lowest Unit
Government Debt to GDP 39.90 31.10 39.90 4.10 percent [+]
Government Budget -9.00 -13.50 2.60 -20.60 percent [+]
Government Budget Value -257.00 283.90 16379.00 -3373.20 OMR Million [+]
Government Spending 5571.60 6124.80 6714.50 2094.00 OMR Million [+]
Government Revenues 839.90 1165.80 1638.80 14.80 OMR Million [+]
Government Debt 11150.60 132.00 11150.60 132.00 OMR Million [+]
Fiscal Expenditure 1023.90 956.70 4227.00 181.90 OMR Million [+]
Military Expenditure 6611.00 6803.00 9706.00 353.00 USD Million [+]
Credit Rating 77.50 [+]


Oman Government Budget Value

The government budget balance is the difference between government revenues and expenses (minus 100 OMR million considered as expenditures under settlement). The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Oman Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Government Budget Value - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-257.00 283.90 16379.00 -3373.20 1980 - 2019 OMR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -6598.20 Jun/19
Australia 13326.00 May/19
Brazil -47558.00 May/19
Canada -14900.00 Mar/19
China -48.70 May/19
France -83.90 May/19
Germany 5.87 Sep/18
India -3661.57 May/19
Indonesia -259900.00 Dec/18
Italy 10.44 May/19
Japan 72556.00 Mar/19
Mexico -5692.80 May/19
Netherlands 17.00 Mar/19
Russia 1561.07 Jun/19
Saudi Arabia -135704.00 Dec/18
Singapore 17603.90 May/19
South Africa -15882.00 May/19
South Korea -19104.00 May/19
Spain -15202.00 May/19
Switzerland 2176.00 Dec/19
Turkey -11869039.00 May/19
United Kingdom -4426.00 Jun/19
United States -8000.00 Jun/19


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