Oman Government Debt: % of GDP

1990 - 2020 | Yearly | % | CEIC Data

Key information about Oman Government Debt: % of GDP

  • Oman Government debt accounted for 65.9 % of the country's Nominal GDP in Dec 2020, compared with the ratio of 49.6 % in the previous year.
  • Oman government debt to GDP ratio data is updated yearly, available from Dec 1990 to Dec 2020.
  • The data reached an all-time high of 65.9 % in Dec 2020 and a record low of 4.0 % in Dec 2012.

CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and annual Nominal GDP. The Central Bank of Oman provides Government Debt in local currency. The National Centre for Statistics and Information provides Nominal GDP in local currency based on SNA 2008. Government Debt covers Central Government only. Government Debt as % of Nominal GDP prior to 2011 is calculated from Nominal GDP based on SNA 1993. Government Debt as % of Nominal GDP prior to 2001 is sourced from World Bank.


Related information about Oman Government Debt: % of GDP

  • In the latest reports, Oman National Government Debt reached 48.8 USD bn in Dec 2020.
  • The country's Nominal GDP reached 24.6 USD bn in Mar 2022.

View Oman's Government Debt: % of GDP from 1990 to 2020 in the chart:

Oman Government Debt: % of GDP

What was Oman's Government Debt: % of GDP in 2020?

Oman Government debt accounted for 65.9 % of the country's Nominal GDP in Dec 2020, compared with the ratio of 49.6 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
65.9 2020 49.6 2019 4.0 2012 65.9 2020 % yearly 1990 - 2020

Government Debt: % of GDP by Country Comparison

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country/region Last Frequency Range
Albania (%) 68.3 Mar 2022 quarterly Sep 2010 - Mar 2022
Algeria (%) 36.4 2018 yearly 1997 - 2018
Argentina (%) 78.6 Mar 2022 quarterly Dec 2004 - Mar 2022
Armenia (%) 63.5 Mar 2022 quarterly Dec 2013 - Mar 2022
Australia (%) 48.0 2021 yearly 1999 - 2021
Austria (%) 84.1 Mar 2022 quarterly Mar 2000 - Mar 2022
Azerbaijan (%) 6.4 2010 yearly 2008 - 2010
Bahrain (%) 95.3 Mar 2022 quarterly Dec 2007 - Mar 2022
Bangladesh (%) 19.2 2021 yearly 2010 - 2021
Belarus (%) 36.7 Mar 2022 quarterly Dec 2003 - Mar 2022
Belgium (%) 107.9 Mar 2022 quarterly Dec 1980 - Mar 2022
Bolivia (%) 27.2 2014 yearly 1998 - 2014
Bosnia and Herzegovina (%) 24.5 2021 yearly 2007 - 2021
Botswana (%) 15.3 Dec 2019 quarterly Jun 2014 - Dec 2019
Brazil (%) 78.0 Jun 2022 quarterly Dec 2006 - Jun 2022
Bulgaria (%) 22.9 Mar 2022 quarterly Mar 2007 - Mar 2022
Cambodia (%) 35.2 2021 yearly 2013 - 2021
Canada (%) 71.0 2022 yearly 1962 - 2022
Chile (%) 37.0 Mar 2022 quarterly Mar 2002 - Mar 2022
China (%) 19.9 Mar 2022 quarterly Mar 2014 - Mar 2022
Colombia (%) 65.6 Dec 2021 quarterly Dec 2005 - Dec 2021
Croatia (%) 77.3 Mar 2022 quarterly Dec 1995 - Mar 2022
Cyprus (%) 97.7 Jun 2022 quarterly Dec 2010 - Jun 2022
Czech Republic (%) 42.8 Mar 2022 quarterly Mar 2000 - Mar 2022
Denmark (%) 33.0 Mar 2022 quarterly Mar 2000 - Mar 2022
Ecuador (%) 61.9 Jun 2021 quarterly Dec 2005 - Jun 2021
Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
Estonia (%) 17.2 Mar 2022 quarterly Mar 2000 - Mar 2022
European Union (%) 87.8 Mar 2022 quarterly Mar 2000 - Mar 2022
Finland (%) 71.6 Jun 2022 quarterly Mar 2000 - Jun 2022
France (%) 114.5 Mar 2022 quarterly Dec 1995 - Mar 2022
Georgia (%) 47.3 Mar 2022 quarterly Mar 2006 - Mar 2022
Germany (%) 67.5 Mar 2022 quarterly Mar 2000 - Mar 2022
Ghana (%) 80.1 2021 yearly 2006 - 2021
Greece (%) 188.4 Mar 2022 quarterly Dec 1999 - Mar 2022
Hong Kong SAR, China (%) 46.1 2021 yearly 2003 - 2021
Hungary (%) 75.3 Jun 2022 quarterly Dec 1990 - Jun 2022
Iceland (%) 74.6 2021 yearly 1998 - 2021
India (%) 56.3 Mar 2022 quarterly Mar 2012 - Mar 2022
Indonesia (%) 39.0 Jun 2022 quarterly Jun 2015 - Jun 2022
Iran (%) 8.8 Mar 2022 quarterly Mar 1998 - Mar 2022
Ireland (%) 53.7 Mar 2022 quarterly Mar 2000 - Mar 2022
Israel (%) 67.1 2021 yearly 1995 - 2021
Italy (%) 152.6 Mar 2022 quarterly Dec 1995 - Mar 2022
Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
Japan (%) 231.1 Jun 2022 quarterly Dec 1994 - Jun 2022
Jordan (%) 88.4 Mar 2022 quarterly Mar 2002 - Mar 2022
Kazakhstan (%) 23.1 Mar 2022 quarterly Mar 2005 - Mar 2022
Kenya (%) 67.4 Mar 2022 quarterly Dec 2009 - Mar 2022
South Korea (%) 46.8 Mar 2022 quarterly Sep 2002 - Mar 2022
Kosovo (%) 23.3 2021 yearly 2009 - 2021
Kuwait (%) 3.2 Dec 2020 quarterly Dec 2010 - Dec 2020
Kyrgyzstan (%) 67.1 Jun 2022 quarterly Mar 2011 - Jun 2022
Latvia (%) 44.8 Dec 2021 quarterly Mar 2000 - Dec 2021
Lebanon (%) 150.6 2020 yearly 1998 - 2020
Lithuania (%) 40.3 Mar 2022 quarterly Mar 2000 - Mar 2022
Luxembourg (%) 22.3 Mar 2022 quarterly Dec 1997 - Mar 2022
North Macedonia (%) 48.6 Jun 2022 quarterly Dec 2009 - Jun 2022
Malawi (%) 66.0 2014 yearly 2010 - 2014
Malaysia (%) 62.7 Jun 2022 quarterly Dec 2010 - Jun 2022
Malta (%) 57.5 Mar 2022 quarterly Dec 2000 - Mar 2022
Mauritius (%) 76.1 Jun 2022 quarterly Jun 2003 - Jun 2022
Mexico (%) 51.3 Jun 2022 quarterly Dec 2005 - Jun 2022
Moldova (%) 30.6 Jun 2022 quarterly Mar 2007 - Jun 2022
Mongolia (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Montenegro (%) 80.3 Mar 2022 quarterly Dec 2010 - Mar 2022
Morocco (%) 68.9 2021 yearly 1994 - 2021
Nepal (%) 27.2 2019 yearly 1990 - 2019
Netherlands (%) 50.7 Mar 2022 quarterly Dec 1999 - Mar 2022
New Zealand (%) 33.0 Mar 2022 quarterly Dec 2006 - Mar 2022
Nigeria (%) 20.6 Mar 2022 quarterly Dec 2010 - Mar 2022
Norway (%) 43.2 2021 yearly 1995 - 2021
Oman (%) 65.9 2020 yearly 1990 - 2020
Pakistan (%) 69.1 2021 yearly 2000 - 2021
Palestinian Territory (%) 74.9 Mar 2022 quarterly Dec 2010 - Mar 2022
Panama (%) 64.6 Mar 2022 quarterly Dec 2007 - Mar 2022
Paraguay (%) 31.6 Mar 2022 quarterly Dec 2014 - Mar 2022
Peru (%) 33.8 Jun 2022 quarterly Mar 1999 - Jun 2022
Philippines (%) 62.1 Jun 2022 quarterly Mar 1993 - Jun 2022
Poland (%) 51.6 Jun 2022 quarterly Dec 2002 - Jun 2022
Portugal (%) 127.0 Mar 2022 quarterly Mar 2000 - Mar 2022
Qatar (%) 15.0 2012 yearly 2006 - 2012
Romania (%) 48.3 Jun 2022 quarterly Dec 2011 - Jun 2022
Russia (%) 13.8 Jun 2022 quarterly Dec 2011 - Jun 2022
Saudi Arabia (%) 26.4 Jun 2022 quarterly Dec 2016 - Jun 2022
Serbia (%) 55.3 Jun 2022 quarterly Sep 2004 - Jun 2022
Singapore (%) 176.2 Jun 2022 quarterly Mar 1990 - Jun 2022
Slovakia (%) 62.4 Mar 2022 quarterly Mar 2000 - Mar 2022
Slovenia (%) 75.0 Mar 2022 quarterly Dec 1999 - Mar 2022
South Africa (%) 70.1 Jun 2022 quarterly Dec 1960 - Jun 2022
Spain (%) 117.7 Mar 2022 quarterly Mar 1995 - Mar 2022
Sri Lanka (%) 117.4 Mar 2022 quarterly Mar 2014 - Mar 2022
Sweden (%) 35.1 Mar 2022 quarterly Mar 2000 - Mar 2022
Switzerland (%) 24.7 2025 yearly 1990 - 2025
Taiwan (%) 30.2 2021 yearly 1996 - 2021
Tajikistan (%) 39.2 2020 yearly 1999 - 2020
Thailand (%) 53.7 Jun 2022 quarterly Dec 1997 - Jun 2022
Tunisia (%) 79.7 Dec 2021 monthly Apr 2011 - Dec 2021
Turkey (%) 42.6 Mar 2022 quarterly Dec 2001 - Mar 2022
Ukraine (%) 43.3 Dec 2021 quarterly Dec 2010 - Dec 2021

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Oman Key Series

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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.3 Mar 2022 quarterly Dec 2005 - Mar 2022
Consolidated Fiscal Balance (USD mn) -164.369 May 2022 monthly Jun 2003 - May 2022
Tax Revenue (USD mn) 2,686.514 2020 yearly 1996 - 2020
Tax Revenue: % of GDP (%) 3.6 2020 yearly 1996 - 2020
National Government Debt (USD mn) 48,780.2 2020 yearly 1990 - 2020
Government Debt: % of GDP (%) 65.9 2020 yearly 1990 - 2020
Forecast: Government Expenditure (OMR bn) 12.242 2027 yearly 1990 - 2027
Forecast: Government Net Debt (OMR bn) 8.521 2027 yearly 1990 - 2027
Forecast: Government Revenue (OMR bn) 13.797 2027 yearly 1990 - 2027
Government Revenue: Corporate Income Tax (OMR mn) 79.600 May 2022 monthly Jan 2006 - May 2022
Government Expenditure: Current (OMR mn) 624.900 May 2022 monthly Jun 2003 - May 2022
Government Expenditure (OMR mn) 845.000 May 2022 monthly Jun 2003 - May 2022
Government Expenditure: Investment (OMR mn) 62.800 May 2022 monthly Jun 2003 - May 2022
Government Surplus or Deficit: Fiscal (OMR mn) -63.200 May 2022 monthly Jun 2003 - May 2022
Government Surplus or Deficit: Remaining (OMR mn) 384.800 Nov 2020 monthly Jan 2006 - Nov 2020
Government Financing (OMR mn) 724.500 Nov 2020 monthly Jan 2006 - Nov 2020
Government Revenue (OMR mn) 781.800 May 2022 monthly Jun 2003 - May 2022
Government Debt (OMR mn) 18,756.000 2020 yearly 2001 - 2020
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 0.976 2027 yearly 1980 - 2027
Trade Balance (USD mn) 1,895.7 Mar 2022 monthly Jan 1975 - Mar 2022
Total Exports (USD mn) 5,311.3 Mar 2022 monthly Mar 2003 - Mar 2022
Total Exports Growth (%) 51.4 Mar 2022 monthly Mar 2004 - Mar 2022
Aluminum: Exports (USD th) 1,164,133.230 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 106,100.098 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 6,761.388 2021 yearly 1995 - 2021
Total Imports (USD mn) 3,415.6 Mar 2022 monthly Jan 1975 - Mar 2022
Total Imports Growth (%) 17.5 Mar 2022 monthly Jan 1976 - Mar 2022
Imports: Medicament (USD th) 208,951.071 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 74,408.950 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 192.039 May 2022 monthly Oct 1986 - May 2022
Total Imports from USA (USD mn) 53.658 May 2022 monthly Jan 1981 - May 2022
Total Exports to China (USD mn) 47.074 Jun 2017 monthly Nov 2009 - Jun 2017
Total Imports from China (USD mn) 220.546 Mar 2022 monthly Jun 1984 - Mar 2022
Exports: Oil and Gas (OMR mn) 1,239.300 Mar 2022 monthly Jan 2006 - Mar 2022
Exports (OMR mn) 2,042.200 Mar 2022 monthly Jan 1974 - Mar 2022
Exports: Non Oil: India (OMR mn) 70.100 Mar 2022 monthly Jan 2006 - Mar 2022
Exports: Non Oil (OMR mn) 696.700 Mar 2022 monthly Jan 2006 - Mar 2022
Re-Exports (OMR mn) 106.200 Mar 2022 monthly Jan 2006 - Mar 2022
Exports: Non Oil: China (OMR mn) 36.000 Jan 2022 monthly Oct 2006 - Jan 2022
Exports: Non Oil: Saudi Arabia (OMR mn) 53.800 Mar 2022 monthly Jan 2006 - Mar 2022
Imports: Mineral Products (OMR mn) 404.300 Mar 2022 monthly Jan 2006 - Mar 2022
Imports: Electrical Machinery, Mechanical Equipment and Parts (OMR mn) 163.700 Mar 2022 monthly Jan 2006 - Mar 2022
Imports: Chemical Products (OMR mn) 139.400 Mar 2022 monthly Jan 2006 - Mar 2022
Imports: Transport Equipment (OMR mn) 102.700 Mar 2022 monthly Jan 2006 - Mar 2022
Imports: Saudi Arabia (OMR mn) 153.300 Mar 2022 monthly Jan 2011 - Mar 2022
Imports: United Arab Emirates (OMR mn) 382.400 Mar 2022 monthly Jan 2006 - Mar 2022
Imports: India (OMR mn) 163.400 Mar 2022 monthly Feb 2006 - Mar 2022
Imports: United States (OMR mn) 18.700 Mar 2020 monthly Jan 2006 - Mar 2020
Imports: Japan (OMR mn) 35.200 Dec 2017 monthly Jan 2006 - Dec 2017
Imports (OMR mn) 1,313.300 Mar 2022 monthly Jan 1975 - Mar 2022
Exports: Crude Oil: Japan (Barrel th) 1,001.900 Jun 2022 monthly Feb 2006 - Jun 2022
Exports: Crude Oil (Barrel th) 26,582.100 Jun 2022 monthly Feb 2006 - Jun 2022
Exports: Crude Oil: India (Barrel th) 3,580.200 Jun 2022 monthly Nov 2010 - Jun 2022
Exports: Crude Oil: China (Barrel th) 17,126.700 Jun 2022 monthly Feb 2006 - Jun 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 535.8 2020 yearly 2001 - 2020
Current Account Balance (USD mn) -8,660.6 2020 yearly 1974 - 2020
Current Account Balance: % of GDP (%) -11.7 2020 yearly 1980 - 2020
Foreign Direct Investment (USD mn) 2,860.9 2020 yearly 1970 - 2020
Foreign Direct Investment: % of GDP (%) 3.9 2020 yearly 1970 - 2020
Foreign Portfolio Investment (USD mn) 3,274.382 2020 yearly 1996 - 2020
Foreign Portfolio Investment: % of GDP (%) 4.4 2020 yearly 1996 - 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 938.6 2020 yearly 1974 - 2020
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 2020 yearly 1974 - 2020
Forecast: Current Account Balance (USD bn) 1.706 2027 yearly 1980 - 2027
BoP: Current Account: Transfers (OMR mn) -3,774.000 2017 yearly 1996 - 2017
BoP: CF: Capital Account (OMR mn) 91.000 2020 yearly 1996 - 2020
BoP: Current Account: GI: GS: Services: Credit (OMR mn) 855.000 2020 yearly 1996 - 2020
BoP: CF: Financial Account: Portfolio Investment: Assets (OMR mn) -397.000 2020 yearly 2001 - 2020
BoP: CF: Financial Account (OMR mn) 2,600.000 2020 yearly 1996 - 2020
BoP: Current Account: GI: GS: Goods (OMR mn) 4,466.000 2020 yearly 1996 - 2020
BoP: Current Account: GI: Income: Credit (OMR mn) 280.000 2020 yearly 1996 - 2020
BoP: Current Account: GI: Income (OMR mn) -2,073.000 2020 yearly 1996 - 2020
BoP: CF: Financial Account: Foreign Direct Investment: Liabilities (OMR mn) 1,100.000 2020 yearly 1996 - 2020
BoP: CF: Financial Account: Other Investment (OMR mn) 843.000 2020 yearly 1996 - 2020
BoP: Current Account: GI: GS: Goods: Exports (OMR mn) 11,730.000 2020 yearly 1996 - 2020
BoP: CF: Financial Account: Other Investment: Liabilities (OMR mn) 324.000 2020 yearly 1996 - 2020
BoP: CF: Financial Account: Other Investment: Assets (OMR mn) 520.000 2020 yearly 1996 - 2020
BoP: CF: Financial Account: Foreign Direct Investment (OMR mn) 894.000 2020 yearly 1996 - 2020
BoP: Current Account (OMR mn) -3,330.000 2020 yearly 1996 - 2020
BoP: Current Account: GI: GS: Services: Debit (OMR mn) -3,204.000 2020 yearly 1996 - 2020
BoP: CF: Financial Account: Portfolio Investment: Liabilities (OMR mn) 1,259.000 2020 yearly 1996 - 2020
Balance of Payments (BoP) (OMR mn) -878.000 2020 yearly 1996 - 2020
BoP: CF: Capital Account: Grants: Credit (OMR mn) 80.000 2020 yearly 1996 - 2020
BoP: CF: Capital Account: Grants: Debit (OMR mn) 11.000 2020 yearly 1996 - 2020
BoP: CF: Financial Account: Portfolio Investment (OMR mn) 862.000 2020 yearly 1996 - 2020
BoP: Current Account: GI: GS: Goods: Imports (OMR mn) -7,264.000 2020 yearly 1996 - 2020
BoP: Net Errors and Omissions (OMR mn) -238.000 2020 yearly 1996 - 2020
BoP: CF: Financial Account: Foreign Direct Investment: Assets (OMR mn) -206.000 2020 yearly 2001 - 2020
BoP: Current Account: GI: Income: Debit (OMR mn) -2,353.000 2020 yearly 1996 - 2020
BoP: Reserve Assets (OMR mn) 877.000 2020 yearly 1996 - 2020
Foreign Direct Investment: Manufacturing (OMR mn) 1,694.600 2020 yearly 2005 - 2020
Foreign Direct Investment: Financial Intermediation (OMR mn) 1,666.300 2020 yearly 2005 - 2020
Foreign Direct Investment: Real Estate, Renting and Business Activities (OMR mn) 615.300 2020 yearly 2005 - 2020
Foreign Direct Investment: Construction (OMR mn) 119.700 2020 yearly 2005 - 2020
Foreign Direct Investment: Oil and Gas (OMR mn) 10,552.700 2020 yearly 2005 - 2020
Foreign Direct Investment: United Arab Emirates (OMR mn) 998.300 2020 yearly 2005 - 2020
Foreign Direct Investment: United Kingdom (OMR mn) 7,112.000 2020 yearly 2005 - 2020
Foreign Direct Investment: Kuwait (OMR mn) 812.700 2020 yearly 2005 - 2020
Foreign Direct Investment: India (OMR mn) 252.100 2020 yearly 2005 - 2020
Foreign Direct Investment: United States of America (OMR mn) 2,045.000 2020 yearly 2005 - 2020
No of Registered Enterprises (Unit) 338,094.000 2021 yearly 1999 - 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.3 Mar 2022 quarterly Jun 2008 - Mar 2022
Non-Performing Loans (USD mn) 447.594 Mar 2022 quarterly Mar 2008 - Mar 2022
Money Supply M1 (USD mn) 15,774.252 Jun 2022 monthly Jan 1999 - Jun 2022
Money Supply M2 (USD mn) 54,010.663 Jun 2022 monthly Jan 1999 - Jun 2022
M2 Growth (%) 3.3 Jun 2022 monthly Jan 2000 - Jun 2022
Reserve Requirement Ratio (%) 5.0 Aug 2022 monthly Jun 2006 - Aug 2022
Foreign Exchange Reserves (USD mn) 15,510.0 Jun 2022 monthly Apr 1970 - Jun 2022
Foreign Exchange Reserves: % of GDP (%) 19.495 Mar 2022 quarterly Dec 2005 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 5.2 Mar 2022 monthly Jan 1975 - Mar 2022
Gold Reserves (USD mn) 1.560 Jun 2022 monthly Dec 1969 - Jun 2022
Total Deposits (USD mn) 55,415.191 May 2022 monthly Jan 2000 - May 2022
Total Deposits Growth (%) 3.9 Jun 2022 monthly Jan 2001 - Jun 2022
Domestic Credit (USD mn) 66,513.1 Jun 2022 monthly Dec 1999 - Jun 2022
Domestic Credit Growth (%) 4.1 Jun 2022 monthly Dec 2000 - Jun 2022
Total Loans (USD mn) 60,539.142 Jun 2022 monthly Dec 1998 - Jun 2022
Total Loans Growth (%) 2.59 Jun 2022 monthly Dec 1999 - Jun 2022
Private Debt: % of Nominal GDP (%) 54.92 Mar 2022 quarterly Dec 2005 - Mar 2022
Money Supply (OMR mn) 20,767.100 Jun 2022 monthly Jan 1999 - Jun 2022
Money Supply: Quasi Money (OMR mn) 14,701.900 Jun 2022 monthly Jan 1999 - Jun 2022
Domestic Assets (OMR mn) 16,836.400 Jun 2022 monthly Dec 1999 - Jun 2022
Deposits: Private Sector (OMR mn) 14,471.000 Jun 2022 monthly Jan 1999 - Jun 2022

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