Oman Government Debt: % of GDP

1990 - 2025 | Yearly | % | CEIC Data

Key information about Oman Government Debt: % of GDP

  • Oman Government debt accounted for 34.6 % of the country's Nominal GDP in Dec 2025, compared with the ratio of 35.4 % in the previous year.
  • Oman government debt to GDP ratio data is updated yearly, available from Dec 1990 to Dec 2025.
  • The data reached an all-time high of 64.3 % in Dec 2020 and a record low of 3.6 % in Dec 2008.

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 2001 is sourced from World Bank.


Related information about Oman Government Debt: % of GDP

  • In the latest reports, Oman National Government Debt reached 38.0 USD bn in Dec 2025.
  • The country's Nominal GDP reached 26.5 USD bn in Jun 2025.

View Oman's Government Debt: % of GDP from 1990 to 2025 in the chart:

Oman Government Debt: % of GDP

What was Oman's Government Debt: % of GDP in 2025?

Oman Government debt accounted for 34.6 % of the country's Nominal GDP in Dec 2025, compared with the ratio of 35.4 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
34.6 2025 35.4 2024 3.6 2008 64.3 2020 % yearly 1990 - 2025

Government Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 51.8 Dec 2025 quarterly Sep 2010 - Dec 2025
Algeria (%) 47.8 2024 yearly 1997 - 2024
Argentina (%) 73.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Armenia (%) 46.9 Dec 2025 quarterly Dec 2013 - Dec 2025
Australia (%) 38.3 2024 yearly 1999 - 2024
Austria (%) 81.5 Dec 2025 quarterly Mar 2000 - Dec 2025
Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
Bahrain (%) 105.4 Dec 2025 quarterly Dec 2007 - Dec 2025
Bangladesh (%) 37.8 2024 yearly 2010 - 2024
Belarus (%) 35.9 Mar 2022 quarterly Dec 2003 - Mar 2022
Belgium (%) 107.9 Dec 2025 quarterly Dec 1980 - Dec 2025
Bolivia (%) 27.2 2014 yearly 1998 - 2014
Bosnia and Herzegovina (%) 18.7 2024 yearly 2007 - 2024
Botswana (%) 30.2 Dec 2025 quarterly Jun 2014 - Dec 2025
Brazil (%) 80.1 Mar 2026 quarterly Dec 2006 - Mar 2026
Bulgaria (%) 29.9 Dec 2025 quarterly Mar 2007 - Dec 2025
Cambodia (%) 26.0 2024 yearly 2013 - 2024
Canada (%) 69.2 2025 yearly 1962 - 2025
Chile (%) 42.6 Dec 2025 quarterly Mar 2002 - Dec 2025
China (%) 29.4 Dec 2025 quarterly Mar 2014 - Dec 2025
Colombia (%) 66.9 Dec 2025 quarterly Dec 2005 - Dec 2025
Croatia (%) 56.5 Dec 2025 quarterly Dec 1995 - Dec 2025
Cyprus (%) 55.0 Dec 2025 quarterly Dec 2010 - Dec 2025
Czech Republic (%) 44.3 Dec 2025 quarterly Mar 2000 - Dec 2025
Denmark (%) 27.9 Dec 2025 quarterly Mar 2000 - Dec 2025
Ecuador (%) 67.1 Dec 2025 quarterly Dec 2005 - Dec 2025
Egypt (%) 60.0 Dec 2025 quarterly Jun 2006 - Dec 2025
Estonia (%) 24.1 Dec 2025 quarterly Mar 2000 - Dec 2025
European Union (%) 81.7 Dec 2025 quarterly Mar 2000 - Dec 2025
Finland (%) 88.5 Dec 2025 quarterly Mar 2000 - Dec 2025
France (%) 110.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Georgia (%) 34.2 Dec 2025 quarterly Mar 2006 - Dec 2025
Germany (%) 63.5 Dec 2025 quarterly Mar 2000 - Dec 2025
Ghana (%) 61.8 2024 yearly 2006 - 2024
Greece (%) 146.1 Dec 2025 quarterly Dec 1999 - Dec 2025
Hong Kong SAR, China (%) 46.1 2025 yearly 2003 - 2025
Hungary (%) 74.6 Dec 2025 quarterly Dec 1990 - Dec 2025
Iceland (%) 56.1 2025 yearly 1998 - 2025
India (%) 58.6 Dec 2025 quarterly Mar 2012 - Dec 2025
Indonesia (%) 39.2 Dec 2024 quarterly Jun 2015 - Dec 2024
Iran (%) 8.7 Jun 2025 quarterly Mar 1998 - Jun 2025
Ireland (%) 32.9 Dec 2025 quarterly Mar 2000 - Dec 2025
Israel (%) 67.2 2025 yearly 1995 - 2025
Italy (%) 137.1 Dec 2025 quarterly Dec 1995 - Dec 2025
Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
Japan (%) 202.2 Dec 2025 quarterly Jun 1982 - Dec 2025
Jordan (%) 83.1 Dec 2025 quarterly Mar 2002 - Dec 2025
Kazakhstan (%) 23.0 Dec 2024 quarterly Mar 2005 - Dec 2024
Kenya (%) 68.9 Sep 2025 quarterly Dec 2009 - Sep 2025
South Korea (%) 47.6 Dec 2025 quarterly Sep 2002 - Dec 2025
Kosovo (%) 19.9 2022 yearly 2009 - 2022
Kuwait (%) 4.7 Dec 2025 quarterly Dec 2010 - Dec 2025
Kyrgyzstan (%) 39.5 Dec 2025 quarterly Mar 2011 - Dec 2025
Latvia (%) 46.9 Dec 2025 quarterly Mar 2000 - Dec 2025
Lebanon (%) 24.7 2022 yearly 1998 - 2022
Lithuania (%) 39.1 Jun 2025 quarterly Mar 2000 - Jun 2025
Luxembourg (%) 26.5 Dec 2025 quarterly Dec 1997 - Dec 2025
North Macedonia (%) 51.8 Dec 2025 quarterly Dec 2009 - Dec 2025
Malawi (%) 66.0 2014 yearly 2010 - 2014
Malaysia (%) 65.3 Dec 2025 quarterly Dec 2010 - Dec 2025
Malta (%) 46.4 Dec 2025 quarterly Mar 2000 - Dec 2025
Mauritius (%) 80.8 Mar 2026 quarterly Jun 2003 - Mar 2026
Mexico (%) 59.5 Dec 2025 quarterly Dec 2005 - Dec 2025
Moldova (%) 38.0 Jun 2025 quarterly Mar 2007 - Jun 2025
Mongolia (%) 38.6 Jun 2025 quarterly Dec 2017 - Jun 2025
Montenegro (%) 58.3 Sep 2025 quarterly Dec 2010 - Sep 2025
Morocco (%) 71.4 2022 yearly 1994 - 2022
Nepal (%) 39.9 2021 yearly 1990 - 2021
Netherlands (%) 44.4 Dec 2025 quarterly Dec 1999 - Dec 2025
New Zealand (%) 49.4 Dec 2025 quarterly Dec 2006 - Dec 2025
Nigeria (%) 18,684.4 Dec 2025 quarterly Dec 2010 - Dec 2025
Norway (%) 54.3 2025 yearly 1995 - 2025
Oman (%) 34.6 2025 yearly 1990 - 2025
Pakistan (%) 68.3 2025 yearly 2000 - 2025
Palestinian Territory (%) 103.8 Dec 2025 quarterly Dec 2010 - Dec 2025
Panama (%) 65.6 Dec 2025 quarterly Dec 2007 - Dec 2025
Paraguay (%) 33.2 Dec 2025 quarterly Dec 2014 - Dec 2025
Peru (%) 30.2 Dec 2025 quarterly Mar 1999 - Dec 2025
Philippines (%) 65.2 Mar 2026 quarterly Mar 1993 - Mar 2026
Poland (%) 59.7 Dec 2025 quarterly Mar 2000 - Dec 2025
Portugal (%) 91.0 Mar 2026 quarterly Dec 1995 - Mar 2026
Qatar (%) 15.0 2012 yearly 2006 - 2012
Romania (%) 59.4 Dec 2025 quarterly Dec 2011 - Dec 2025
Russia (%) 16.4 Dec 2025 quarterly Dec 2011 - Dec 2025
Saudi Arabia (%) 31.7 Dec 2025 quarterly Dec 2016 - Dec 2025
Serbia (%) 44.4 Dec 2025 quarterly Sep 2004 - Dec 2025
Singapore (%) 166.1 Dec 2025 quarterly Mar 1990 - Dec 2025
Slovakia (%) 62.3 Sep 2025 quarterly Mar 2000 - Sep 2025
Slovenia (%) 65.7 Dec 2025 quarterly Dec 1999 - Dec 2025
South Africa (%) 78.8 Dec 2025 quarterly Dec 1960 - Dec 2025
Spain (%) 100.7 Dec 2025 quarterly Mar 1995 - Dec 2025
Sri Lanka (%) 91.6 Dec 2025 quarterly Mar 2014 - Dec 2025
Sweden (%) 35.5 Dec 2025 quarterly Mar 1996 - Dec 2025
Switzerland (%) 22.2 2029 yearly 1990 - 2029
Taiwan, China (%) 26.8 2024 yearly 1996 - 2024
Tajikistan (%) 36.3 2021 yearly 1999 - 2021
Thailand (%) 59.1 Dec 2025 quarterly Dec 1997 - Dec 2025
Tunisia (%) 80.5 2025 yearly 2016 - 2025
Turkey (%) 23.8 Dec 2025 quarterly Dec 2001 - Dec 2025
Ukraine (%) 98.6 Dec 2025 quarterly Dec 2010 - Dec 2025

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Oman Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 2023
Consolidated Fiscal Balance (USD mn) -41.612 Nov 2025 monthly Jun 2003 - Nov 2025
Tax Revenue (USD mn) 4,871.382 2024 yearly 1996 - 2024
Tax Revenue: % of GDP (%) 4.5 2024 yearly 1996 - 2024
National Government Debt (USD mn) 37,971.4 2025 yearly 1990 - 2025
Government Debt: % of GDP (%) 34.6 2025 yearly 1990 - 2025
Forecast: Government Expenditure (OMR bn) 12.353 2031 yearly 1990 - 2031
Forecast: Government Net Debt (OMR bn) 15.584 2031 yearly 1990 - 2031
Forecast: Government Revenue (OMR bn) 14.828 2031 yearly 1990 - 2031
Government Debt (OMR mn) 14,600.000 2025 yearly 2001 - 2025
Government Expenditure: Current (OMR mn) 678.000 Nov 2025 monthly Jun 2003 - Nov 2025
Government Revenue: Corporate Income Tax (OMR mn) 17.000 Nov 2025 monthly Jan 2006 - Nov 2025
Government Financing (OMR mn) -88.000 Nov 2025 monthly Jan 2006 - Nov 2025
Government Expenditure: Investment (OMR mn) 98.000 Nov 2025 monthly Jun 2003 - Nov 2025
Government Surplus or Deficit: Fiscal (OMR mn) -16.000 Nov 2025 monthly Jun 2003 - Nov 2025
Government Expenditure (OMR mn) 970.000 Nov 2025 monthly Jun 2003 - Nov 2025
Government Revenue (OMR mn) 955.000 Nov 2025 monthly Jun 2003 - Nov 2025
Government Surplus or Deficit: Remaining (OMR mn) 22.000 Jul 2024 monthly Jan 2006 - Jul 2024
Government Revenue: Current (OMR mn) 230.000 Oct 2024 monthly Mar 2012 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.354 2028 yearly 1980 - 2028
Trade Balance (USD mn) 990.9 Feb 2026 monthly Jan 1975 - Feb 2026
Total Exports (USD mn) 4,517.6 Feb 2026 monthly Mar 2003 - Feb 2026
Total Exports Growth (%) 0.9 Feb 2026 monthly Mar 2004 - Feb 2026
Aluminum: Exports (USD th) 1,539,043.858 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 130,574.147 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 7,342.319 2024 yearly 1995 - 2024
Total Imports (USD mn) 3,526.7 Feb 2026 monthly Jan 1975 - Feb 2026
Total Imports Growth (%) 38.0 Sep 2025 monthly Jan 1976 - Sep 2025
Imports: Medicament (USD th) 400,712.069 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 248,811.369 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 92.541 Dec 2025 monthly Oct 1986 - Dec 2025
Total Imports from USA (USD mn) 94.307 Dec 2025 monthly Jan 1981 - Dec 2025
Total Exports to China (USD mn) 47.074 Jun 2017 monthly Nov 2009 - Jun 2017
Total Imports from China (USD mn) 478.544 Feb 2026 monthly Jun 1984 - Feb 2026
Exports: Oil and Gas: Crude Oil (OMR mn) 566.000 Feb 2026 monthly Jan 1995 - Feb 2026
Exports: Oil and Gas (OMR mn) 1,086.000 Feb 2026 monthly Jan 2006 - Feb 2026
Exports: Non Oil: Mineral Products (OMR mn) 113.000 Feb 2026 monthly Jan 2006 - Feb 2026
Exports (OMR mn) 1,737.000 Feb 2026 monthly Jan 1974 - Feb 2026
Exports: Non Oil: Chemical Products (OMR mn) 62.000 Feb 2026 monthly Jan 2006 - Feb 2026
Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) 197.000 Feb 2026 monthly Jan 2006 - Feb 2026
Exports: Non Oil: India (OMR mn) 46.000 Feb 2026 monthly Jan 2006 - Feb 2026
Re-Exports (OMR mn) 133.000 Feb 2026 monthly Jan 2006 - Feb 2026
Exports: Non Oil (OMR mn) 519.000 Feb 2026 monthly Jan 2006 - Feb 2026
Exports: Non Oil: Saudi Arabia (OMR mn) 58.000 Feb 2026 monthly Jan 2006 - Feb 2026
Exports: Non Oil: United Arab Emirates (OMR mn) 117.000 Feb 2026 monthly Jan 2006 - Feb 2026
Exports: Re-Exports: ow United States (OMR mn) 2.000 Jan 2026 monthly Dec 2007 - Jan 2026
Imports: Electrical Machinery, Mechanical Equipment and Parts (OMR mn) 271.000 Feb 2026 monthly Jan 2006 - Feb 2026
Imports: Chemical Products (OMR mn) 134.000 Feb 2026 monthly Jan 2006 - Feb 2026
Imports: Mineral Products (OMR mn) 245.000 Feb 2026 monthly Jan 2006 - Feb 2026
Imports: Transport Equipment (OMR mn) 150.000 Feb 2026 monthly Jan 2006 - Feb 2026
Imports: United Arab Emirates (OMR mn) 410.000 Feb 2026 monthly Jan 2006 - Feb 2026
Imports: India (OMR mn) 122.000 Feb 2026 monthly Feb 2006 - Feb 2026
Imports: Saudi Arabia (OMR mn) 86.000 Feb 2026 monthly Jan 2011 - Feb 2026
Imports (OMR mn) 1,356.000 Feb 2026 monthly Jan 1975 - Feb 2026
Exports: Crude Oil: India (Barrel th) 0.000 Dec 2024 monthly Nov 2010 - Dec 2024
Exports: Crude Oil: Japan (Barrel th) 1,200.000 Dec 2024 monthly Feb 2006 - Dec 2024
Exports: Crude Oil: China (Barrel th) 24,760.200 Dec 2024 monthly Feb 2006 - Dec 2024
Exports: Crude Oil (Barrel th) 26,540.500 Mar 2026 monthly Feb 2006 - Mar 2026
Import Volume Index (2015=100) 98.600 2023 yearly 2000 - 2023
Export Volume Index (2015=100) 154.600 2023 yearly 1980 - 2023
Export Value Index (2015=100) 196.500 2023 yearly 1980 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -142.8 2024 yearly 2001 - 2024
Current Account Balance (USD mn) 3,068.7 2024 yearly 1974 - 2024
Current Account Balance: % of GDP (%) 2.9 2024 yearly 1980 - 2024
Foreign Direct Investment (USD mn) 12,465.5 2024 yearly 1970 - 2024
Foreign Direct Investment: % of GDP (%) 11.6 2024 yearly 1970 - 2024
Foreign Portfolio Investment (USD mn) -218.726 2024 yearly 1996 - 2024
Foreign Portfolio Investment: % of GDP (%) -0.2 2024 yearly 1996 - 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -982.8 2024 yearly 1974 - 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 764.109 2024 yearly 1974 - 2024
Forecast: Current Account Balance (USD bn) 7.836 2031 yearly 1980 - 2031
OM: BoP: Financial Account: Financial Derivatives & Employee Stock Options (USD mn) 0.000 2021 yearly 2017 - 2021
OM: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liab... (USD mn) 0.000 2021 yearly 2017 - 2021
BoP: Current Account: Transfers (OMR mn) -3,774.000 2017 yearly 1996 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 Sep 2025 quarterly Jun 2008 - Sep 2025
Non-Performing Loans (USD mn) 589.857 Sep 2025 quarterly Mar 2008 - Sep 2025
Money Supply M1 (USD mn) 19,393.758 Dec 2025 monthly Jan 1999 - Dec 2025
Money Supply M2 (USD mn) 68,618.466 Dec 2025 monthly Jan 1999 - Dec 2025
M2 Growth (%) 6.1 Dec 2025 monthly Jan 2000 - Dec 2025
Reserve Requirement Ratio (%) 5.0 Mar 2026 monthly Jun 2006 - Mar 2026
Foreign Exchange Reserves (USD mn) 16,991.7 Dec 2025 monthly Apr 1970 - Dec 2025
Foreign Exchange Reserves: % of GDP (%) 15.503 Dec 2025 quarterly Dec 2005 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 4.3 Dec 2025 monthly Jan 1975 - Dec 2025
Gold Reserves (USD mn) 1,217.425 Dec 2025 monthly Dec 1969 - Dec 2025
Total Deposits (USD mn) 68,470.749 Dec 2025 monthly Jan 2000 - Dec 2025
Total Deposits Growth (%) 5.0 Dec 2025 monthly Jan 2001 - Dec 2025
Domestic Credit (USD mn) 79,840.1 Dec 2025 monthly Dec 1999 - Dec 2025
Domestic Credit Growth (%) 10.4 Dec 2025 monthly Dec 2000 - Dec 2025
Total Loans (USD mn) 72,090.767 Dec 2025 monthly Dec 1998 - Dec 2025
Total Loans Growth (%) 8.47 Dec 2025 monthly Dec 1999 - Dec 2025
Private Debt: % of Nominal GDP (%) 52.55 Sep 2025 quarterly Dec 2005 - Sep 2025
Domestic Assets (OMR mn) 19,188.500 Dec 2025 monthly Dec 1999 - Dec 2025
Money Supply: Quasi Money (OMR mn) 18,927.000 Dec 2025 monthly Jan 1999 - Dec 2025
Money Supply (OMR mn) 26,383.800 Dec 2025 monthly Jan 1999 - Dec 2025
Deposits: Private Sector (OMR mn) 17,525.800 Dec 2025 monthly Jan 1999 - Dec 2025

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