Oman Government Debt to GDP

Oman recorded a government debt equivalent to 39.90 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Oman averaged 19.03 percent from 1990 until 2017, reaching an all time high of 39.90 percent in 2017 and a record low of 4.10 percent in 2008.

Government Debt to GDP in Oman is expected to be 48.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Government Debt to GDP is projected to trend around 62.00 percent in 2020, according to our econometric models.

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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					[+]

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Oman Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	39.90	31.10	39.90	4.10	1990 - 2017	percent	Yearly

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	132.20	Dec/18	131	132 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	106.10	Dec/18	105	119 : 31.8	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	90.60	Dec/18	89.7	101 : 45.1	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	50.50	Dec/18	46.8	50.5 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Turkey	30.40	Dec/18	28.3	76.1 : 27.6	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	27.70	Dec/18	29.3	48.9 : 25.1	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%