Government Debt to GDP in Oman increased to 55.90 percent in 2019 from 47.50 percent in 2018. source: Ministry of Finance

Government Debt to GDP in Oman averaged 21.26 percent from 1990 until 2019, reaching an all time high of 55.90 percent in 2019 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 May of 2021.

Government Debt to GDP in Oman is expected to reach 60.10 percent by the end of 2021, 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 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
55.90 47.50 55.90 4.10 1990 - 2019 percent Yearly

Oman Government Last Previous Highest Lowest Unit
Government Debt to GDP 55.90 47.50 55.90 4.10 percent [+]
Government Budget -7.00 -9.00 2.60 -20.60 percent of GDP [+]
Government Budget Value -562.30 -288.60 16379.00 -3373.20 OMR Million [+]
Government Spending 5825.40 5649.00 6714.50 2094.00 OMR Million [+]
Government Revenues 726.40 658.40 1638.80 14.80 OMR Million [+]
Government Debt 16372.60 14491.60 16372.60 132.00 OMR Million [+]
Fiscal Expenditure 1288.80 947.00 4227.00 181.90 OMR Million [+]
Military Expenditure 6676.00 7565.00 9792.00 356.00 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.