Oman recorded a government debt equivalent to 47.50 percent of the country's Gross Domestic Product in 2018. source: Ministry of Finance

Government Debt to GDP in Oman averaged 20.07 percent from 1990 until 2018, reaching an all time high of 47.50 percent in 2018 and a record low of 4.10 percent in 2008. This page provides - Oman Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Government Debt to GDP - values, historical data and charts - was last updated on February of 2021.

Government Debt to GDP in Oman is expected to reach 63.00 percent by the end of 2020, 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 60.10 percent in 2021 and 57.00 percent in 2022, according to our econometric models.

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Oman Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
47.50 41.00 47.50 4.10 1990 - 2018 percent Yearly

Oman Government Last Previous Highest Lowest Unit
Government Debt to GDP 47.50 41.00 47.50 4.10 percent [+]
Government Budget -7.00 -9.00 2.60 -20.60 percent of GDP [+]
Government Budget Value -172.10 -511.00 16379.00 -3373.20 OMR Million [+]
Government Spending 5825.40 5649.00 6714.50 2094.00 OMR Million [+]
Government Revenues 491.10 457.50 1638.80 14.80 OMR Million [+]
Government Debt 16372.60 14491.60 16372.60 132.00 OMR Million [+]
Fiscal Expenditure 786.40 968.50 4227.00 181.90 OMR Million [+]
Military Expenditure 6611.00 6803.00 9706.00 353.00 USD Million [+]
Credit Rating 40.00 [+]

Oman Government Debt to GDP
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.