Oman Government Debt: % of GDP

1990 - 2019 | Yearly | % | CEIC Data

Key information about Oman`s Government Debt: % of GDP

  • Oman Government debt accounted for 55.8 % of the country's Nominal GDP in Dec 2019, compared with the ratio of 47.2 % in the previous year.
  • Oman government debt to GDP ratio data is updated yearly, available from Dec 1990 to Dec 2019.
  • The data reached an all-time high of 55.8 % in Dec 2019 and a record low of 4.1 % 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. National Centre for Statistics and Information provides Nominal GDP in local currency. Government Debt covers Central Government only. Government Debt as % of Nominal GDP prior to 2001 is sourced from World Bank.


Related information about Oman`s Government Debt: % of GDP
  • In the latest reports, Oman National Government Debt reached 42.6 USD bn in Dec 2019.
  • The country's Nominal GDP reached 17.3 USD bn in Dec 2020.

View Oman's Government Debt: % of GDP from 1990 to 2019 in the chart:

Oman Government Debt: % of GDP

What was Oman's Government Debt: % of GDP in 2019?

Oman Government debt accounted for 55.8 % of the country's Nominal GDP in Dec 2019, compared with the ratio of 47.2 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
55.8 2019 47.2 2018 4.1 2008 55.8 2019 % yearly 1990 - 2019

Government Debt: % of GDP by Country Comparison

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country/region Last Frequency Range
Albania (%) 73.1 Dec 2020 quarterly Sep 2010 - Dec 2020
Algeria (%) 36.4 2018 yearly 1997 - 2018
Argentina (%) 102.5 Dec 2020 quarterly Dec 2004 - Dec 2020
Armenia (%) 67.3 Dec 2020 quarterly Dec 2013 - Dec 2020
Australia (%) 43.2 2020 yearly 1999 - 2020
Austria (%) 83.9 Dec 2020 quarterly Mar 2000 - Dec 2020
Azerbaijan (%) 6.4 2010 yearly 2008 - 2010
Bahrain (%) 100.7 Dec 2020 quarterly Dec 2007 - Dec 2020
Bangladesh (%) 21.3 2020 yearly 2010 - 2020
Belarus (%) 39.3 Mar 2021 quarterly Dec 2003 - Mar 2021
Belgium (%) 114.1 Dec 2020 quarterly Dec 1980 - Dec 2020
Bolivia (%) 27.2 2014 yearly 1998 - 2014
Bosnia and Herzegovina (%) 26.3 2020 yearly 2007 - 2020
Botswana (%) 13.9 Dec 2019 quarterly Jun 2014 - Dec 2019
Brazil (%) 89.1 Mar 2021 quarterly Dec 2006 - Mar 2021
Bulgaria (%) 25.3 Sep 2020 quarterly Mar 2007 - Sep 2020
Cambodia (%) 28.1 2019 yearly 2013 - 2019
Canada (%) 72.2 2021 yearly 1962 - 2021
Chile (%) 34.8 Dec 2020 quarterly Mar 2002 - Dec 2020
China (%) 20.6 Dec 2020 quarterly Mar 2014 - Dec 2020
Colombia (%) 65.0 Dec 2020 quarterly Dec 2005 - Dec 2020
Croatia (%) 89.1 Dec 2020 quarterly Dec 1995 - Dec 2020
Cyprus (%) 119.1 Dec 2020 quarterly Dec 2010 - Dec 2020
Czech Republic (%) 38.1 Dec 2020 quarterly Mar 2000 - Dec 2020
Denmark (%) 42.2 Dec 2020 quarterly Mar 2000 - Dec 2020
Ecuador (%) 63.9 Dec 2020 quarterly Dec 2005 - Dec 2020
Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
Estonia (%) 18.2 Dec 2020 quarterly Mar 2000 - Dec 2020
European Union (%) 90.8 Dec 2020 quarterly Mar 2000 - Dec 2020
Finland (%) 69.2 Dec 2020 quarterly Mar 2000 - Dec 2020
France (%) 115.7 Dec 2020 quarterly Dec 1995 - Dec 2020
Georgia (%) 59.9 Dec 2020 quarterly Mar 2006 - Dec 2020
Germany (%) 69.7 Dec 2020 quarterly Mar 2000 - Dec 2020
Ghana (%) 76.1 2020 yearly 2006 - 2020
Greece (%) 205.6 Dec 2020 quarterly Dec 1999 - Dec 2020
Hong Kong SAR, China (%) 42.2 2020 yearly 2003 - 2020
Hungary (%) 78.5 Dec 2020 quarterly Dec 1990 - Dec 2020
Iceland (%) 77.1 2020 yearly 1998 - 2020
India (%) 56.6 Dec 2020 quarterly Mar 2012 - Dec 2020
Indonesia (%) 39.4 Dec 2020 quarterly Jun 2015 - Dec 2020
Iran (%) 16.5 Sep 2020 quarterly Mar 1998 - Sep 2020
Ireland (%) 59.5 Dec 2020 quarterly Mar 2000 - Dec 2020
Israel (%) 71.1 2020 yearly 1995 - 2020
Italy (%) 155.8 Dec 2020 quarterly Dec 1995 - Dec 2020
Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
Japan (%) 224.9 Dec 2020 quarterly Dec 1994 - Dec 2020
Jordan (%) 85.0 Sep 2020 quarterly Mar 2002 - Sep 2020
Kazakhstan (%) 23.2 Sep 2020 quarterly Mar 2005 - Sep 2020
Kenya (%) 68.6 Sep 2020 quarterly Dec 2009 - Sep 2020
South Korea (%) 42.3 Dec 2020 quarterly Sep 2002 - Dec 2020
Kosovo (%) 21.8 2020 yearly 2009 - 2020
Kuwait (%) 3.2 Sep 2020 quarterly Dec 2010 - Sep 2020
Kyrgyzstan (%) 68.1 Dec 2020 quarterly Mar 2011 - Dec 2020
Latvia (%) 44.7 Sep 2020 quarterly Mar 2000 - Sep 2020
Lebanon (%) 171.0 2019 yearly 1998 - 2019
Lithuania (%) 47.1 Dec 2020 quarterly Mar 2000 - Dec 2020
Luxembourg (%) 26.1 Sep 2020 quarterly Dec 1997 - Sep 2020
North Macedonia (%) 51.3 Dec 2020 quarterly Dec 2009 - Dec 2020
Malawi (%) 66.0 2014 yearly 2010 - 2014
Malaysia (%) 62.2 Dec 2020 quarterly Dec 2010 - Dec 2020
Malta (%) 54.3 Dec 2020 quarterly Dec 2000 - Dec 2020
Mauritius (%) 76.5 Dec 2020 quarterly Jun 2003 - Dec 2020
Mexico (%) 57.6 Dec 2020 quarterly Dec 2005 - Dec 2020
Moldova (%) 32.9 Dec 2020 quarterly Mar 2007 - Dec 2020
Montenegro (%) 103.3 Dec 2020 quarterly Dec 2010 - Dec 2020
Morocco (%) 76.4 2020 yearly 1994 - 2020
Nepal (%) 27.2 2019 yearly 1990 - 2019
Netherlands (%) 54.5 Dec 2020 quarterly Dec 1999 - Dec 2020
New Zealand (%) 33.6 Sep 2020 quarterly Dec 2007 - Sep 2020
Nigeria (%) 18.8 Dec 2020 quarterly Dec 2010 - Dec 2020
Norway (%) 46.0 2020 yearly 1995 - 2020
Oman (%) 55.8 2019 yearly 1990 - 2019
Pakistan (%) 84.1 2020 yearly 2000 - 2020
Palestinian Territory (%) 89.7 Dec 2020 quarterly Dec 2010 - Dec 2020
Panama (%) 69.8 Dec 2020 quarterly Dec 2007 - Dec 2020
Paraguay (%) 30.9 Dec 2020 quarterly Dec 2014 - Dec 2020
Peru (%) 35.0 Dec 2020 quarterly Mar 1999 - Dec 2020
Philippines (%) 54.6 Dec 2020 quarterly Mar 1993 - Dec 2020
Poland (%) 57.5 Dec 2020 quarterly Dec 2002 - Dec 2020
Portugal (%) 131.4 Sep 2021 quarterly Mar 2000 - Sep 2021
Qatar (%) 15.0 2012 yearly 2006 - 2012
Romania (%) 47.2 Dec 2020 quarterly Dec 2011 - Dec 2020
Russia (%) 17.7 Dec 2020 quarterly Dec 2011 - Dec 2020
Saudi Arabia (%) 32.5 Dec 2020 quarterly Dec 2016 - Dec 2020
Serbia (%) 57.4 Dec 2020 quarterly Sep 2004 - Dec 2020
Singapore (%) 150.2 Dec 2020 quarterly Mar 1990 - Dec 2020
Slovakia (%) 60.0 Jun 2020 quarterly Mar 2000 - Jun 2020
Slovenia (%) 80.8 Dec 2020 quarterly Dec 1999 - Dec 2020
South Africa (%) 77.1 Dec 2020 quarterly Dec 1960 - Dec 2020
Spain (%) 122.8 Jun 2021 quarterly Mar 1995 - Jun 2021
Sri Lanka (%) 101.0 Dec 2020 quarterly Mar 2014 - Dec 2020
Sweden (%) 40.8 Dec 2020 quarterly Mar 2000 - Dec 2020
Switzerland (%) 25.8 2018 yearly 1990 - 2018
Taiwan (%) 32.7 2020 yearly 1996 - 2020
Tajikistan (%) 45.5 2020 yearly 1999 - 2020
Thailand (%) 44.9 Dec 2020 quarterly Dec 1997 - Dec 2020
Tunisia (%) 77.1 Dec 2018 monthly Apr 2011 - Dec 2018
Turkey (%) 39.5 Dec 2020 quarterly Dec 2001 - Dec 2020
Ukraine (%) 53.9 Dec 2020 quarterly Dec 2010 - Dec 2020
United Kingdom (%) 104.5 Dec 2020 quarterly Mar 1975 - Dec 2020

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Oman Key Series

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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -13.8 Sep 2020 quarterly Dec 2005 - Sep 2020
Consolidated Fiscal Balance (USD mn) -883.485 Nov 2020 monthly Jun 2003 - Nov 2020
Tax Revenue (USD mn) 3,121.711 2019 yearly 1996 - 2019
Tax Revenue: % of GDP (%) 4.1 2019 yearly 1996 - 2019
National Government Debt (USD mn) 42,581.5 2019 yearly 1990 - 2019
Government Debt: % of GDP (%) 55.8 2019 yearly 1990 - 2019
Forecast: Government Expenditure (OMR bn) 11.101 2026 yearly 1990 - 2026
Forecast: Government Net Debt (OMR bn) 16.442 2026 yearly 1990 - 2026
Forecast: Government Revenue (OMR bn) 12.062 2026 yearly 1990 - 2026
Government Expenditure: Investment (OMR mn) 74.600 Aug 2021 monthly Jun 2003 - Aug 2021
Government Expenditure (OMR mn) 962.400 Aug 2021 monthly Jun 2003 - Aug 2021
Government Expenditure: Current (OMR mn) 789.400 Aug 2021 monthly Jun 2003 - Aug 2021
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: Corporate Income Tax (OMR mn) 22.700 Aug 2021 monthly Jan 2006 - Aug 2021
Government Surplus or Deficit: Fiscal (OMR mn) 20.100 Sep 2021 monthly Jun 2003 - Sep 2021
Government Revenue (OMR mn) 1,116.500 Aug 2021 monthly Jun 2003 - Aug 2021
Government Debt (OMR mn) 16,372.600 2019 yearly 2001 - 2019
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.640 2026 yearly 1980 - 2026
Trade Balance (USD mn) 1,512.6 Jun 2021 monthly Jan 1975 - Jun 2021
Total Exports (USD mn) 3,525.1 Jun 2021 monthly Mar 2003 - Jun 2021
Total Exports Growth (%) 70.2 Jun 2021 monthly Mar 2004 - Jun 2021
Aluminum: Exports (USD th) 624,067.943 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 81,746.943 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 4,500.169 2020 yearly 1995 - 2020
Total Imports (USD mn) 2,012.5 Jun 2021 monthly Jan 1975 - Jun 2021
Total Imports Growth (%) 30.2 Jun 2021 monthly Jan 1976 - Jun 2021
Imports: Medicament (USD th) 225,692.958 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 76,397.589 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 35.497 Oct 2020 monthly Oct 1986 - Oct 2020
Total Imports from USA (USD mn) 24.467 Jan 2021 monthly Jan 1981 - Jan 2021
Total Exports to China (USD mn) 47.074 Jun 2017 monthly Nov 2009 - Jun 2017
Total Imports from China (USD mn) 227.568 Dec 2020 monthly Jun 1984 - Dec 2020
Exports: Non Oil: Chemical Products (OMR mn) 100.100 Jun 2021 monthly Jan 2006 - Jun 2021
Exports: Oil and Gas: Crude Oil (OMR mn) 559.400 Jun 2021 monthly Jan 1995 - Jun 2021
Exports: Non Oil: Mineral Products (OMR mn) 111.400 Jun 2021 monthly Jan 2006 - Jun 2021
Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) 141.400 Jun 2021 monthly Jan 2006 - Jun 2021
Exports (OMR mn) 1,355.400 Jun 2021 monthly Jan 1974 - Jun 2021
Exports: Oil and Gas (OMR mn) 809.700 Jun 2021 monthly Jan 2006 - Jun 2021
Re-Exports (OMR mn) 122.500 Jun 2021 monthly Jan 2006 - Jun 2021
Exports: Non Oil: India (OMR mn) 53.600 Jun 2021 monthly Jan 2006 - Jun 2021
Exports: Non Oil (OMR mn) 423.200 Jun 2021 monthly Jan 2006 - Jun 2021
Exports: Non Oil: Saudi Arabia (OMR mn) 39.700 Jun 2021 monthly Jan 2006 - Jun 2021
Exports: Non Oil: China (OMR mn) 25.300 Jun 2021 monthly Oct 2006 - Jun 2021
Exports: Non Oil: United Arab Emirates (OMR mn) 68.600 Jun 2021 monthly Jan 2006 - Jun 2021
Imports: Mineral Products (OMR mn) 149.000 Jun 2021 monthly Jan 2006 - Jun 2021
Imports: Transport Equipment (OMR mn) 38.500 Jun 2021 monthly Jan 2006 - Jun 2021
Imports: Electrical Machinery, Mechanical Equipment and Parts (OMR mn) 128.900 Jun 2021 monthly Jan 2006 - Jun 2021
Imports: Chemical Products (OMR mn) 75.600 Jun 2021 monthly Jan 2006 - Jun 2021
Imports: United Arab Emirates (OMR mn) 271.200 Jun 2021 monthly Jan 2006 - Jun 2021
Imports: Japan (OMR mn) 35.200 Dec 2017 monthly Jan 2006 - Dec 2017
Imports: Saudi Arabia (OMR mn) 30.900 Jun 2021 monthly Jan 2011 - Jun 2021
Imports: India (OMR mn) 35.900 Jun 2021 monthly Feb 2006 - Jun 2021
Imports: United States (OMR mn) 18.700 Mar 2020 monthly Jan 2006 - Mar 2020
Imports (OMR mn) 773.800 Jun 2021 monthly Jan 1975 - Jun 2021
Exports: Crude Oil: Japan (Barrel th) 1,001.900 Sep 2021 monthly Feb 2006 - Sep 2021
Exports: Crude Oil (Barrel th) 23,697.700 Sep 2021 monthly Feb 2006 - Sep 2021
Exports: Crude Oil: China (Barrel th) 18,401.000 Sep 2021 monthly Feb 2006 - Sep 2021
Exports: Crude Oil: India (Barrel th) 2,956.800 Sep 2021 monthly Nov 2010 - Sep 2021
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 (%) -11.9 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 (%) 4.0 2019 yearly 1996 - 2019
Foreign Portfolio Investment: Equity Securities (USD mn) 59.8 2019 yearly 1974 - 2019
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 2019 yearly 1974 - 2019
Forecast: Current Account Balance (USD bn) -0.293 2026 yearly 1980 - 2026
BoP: Current Account: Transfers (OMR mn) -3,774.000 2017 yearly 1996 - 2017
BoP: CF: Capital Account: Grants: Debit (OMR mn) 11.000 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 (OMR mn) 4,466.000 2020 yearly 1996 - 2020
BoP: Current Account: GI: Income: Credit (OMR mn) 280.000 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: Income: Debit (OMR mn) -2,353.000 2020 yearly 1996 - 2020
BoP: CF: Financial Account: Foreign Direct Investment: Assets (OMR mn) -206.000 2020 yearly 2001 - 2020
BoP: Current Account: GI: GS: Services: Debit (OMR mn) -3,204.000 2020 yearly 1996 - 2020
BoP: Current Account: GI: GS: Services (OMR mn) -2,350.000 2020 yearly 1996 - 2020
BoP: CF: Financial Account: Foreign Direct Investment (OMR mn) 894.000 2020 yearly 1996 - 2020
BoP: CF: Capital Account: Grants: Credit (OMR mn) 80.000 2020 yearly 1996 - 2020
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: Liabilities (OMR mn) 1,259.000 2020 yearly 1996 - 2020
Balance of Payments (BoP) (OMR mn) -878.000 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: 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: Capital and Financial Account (CF) (OMR mn) 2,690.000 2020 yearly 1996 - 2020
Foreign Direct Investment: Manufacturing (OMR mn) 1,149.400 2018 yearly 2005 - 2018
Foreign Direct Investment: Oil and Gas (OMR mn) 8,540.100 2018 yearly 2005 - 2018
Foreign Direct Investment: Financial Intermediation (OMR mn) 1,451.900 2018 yearly 2005 - 2018
Foreign Direct Investment: Real Estate, Renting and Business Activities (OMR mn) 621.300 2018 yearly 2005 - 2018
Foreign Direct Investment: Construction (OMR mn) 125.700 2018 yearly 2005 - 2018
Foreign Direct Investment: United Arab Emirates (OMR mn) 1,033.900 2018 yearly 2005 - 2018
Foreign Direct Investment: India (OMR mn) 251.400 2018 yearly 2005 - 2018
Foreign Direct Investment: United States of America (OMR mn) 1,553.300 2018 yearly 2005 - 2018
Foreign Direct Investment: United Kingdom (OMR mn) 6,624.600 2018 yearly 2005 - 2018
Foreign Direct Investment: Kuwait (OMR mn) 387.100 2018 yearly 2005 - 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.2 Dec 2020 quarterly Jun 2008 - Dec 2020
Non-Performing Loans (USD mn) 435.111 Jun 2021 quarterly Mar 2008 - Jun 2021
Money Supply M1 (USD mn) 14,928.739 Sep 2021 monthly Jan 1999 - Sep 2021
Money Supply M2 (USD mn) 51,953.966 Sep 2021 monthly Jan 1999 - Sep 2021
M2 Growth (%) 3.5 Sep 2021 monthly Jan 2000 - Sep 2021
Reserve Requirement Ratio (%) 5.0 Apr 2021 monthly Jun 2006 - Apr 2021
Foreign Exchange Reserves (USD mn) 17,389.9 Sep 2021 monthly Apr 1970 - Sep 2021
Foreign Exchange Reserves: % of GDP (%) 22.708 Jun 2021 quarterly Dec 2005 - Jun 2021
Foreign Exchange Reserves: Months of Import (NA) 8.5 Jun 2021 monthly Jan 1975 - Jun 2021
Gold Reserves (USD mn) 1.560 Sep 2021 monthly Dec 1969 - Sep 2021
Total Deposits (USD mn) 53,877.597 Sep 2021 monthly Jan 2000 - Sep 2021
Total Deposits Growth (%) 4.1 Feb 2021 monthly Jan 2001 - Feb 2021
Domestic Credit (USD mn) 64,115.2 Sep 2021 monthly Dec 1999 - Sep 2021
Domestic Credit Growth (%) 5.1 Sep 2021 monthly Dec 2000 - Sep 2021
Total Loans (USD mn) 58,585.436 Feb 2021 monthly Dec 1998 - Feb 2021
Total Loans Growth (%) 1.54 Mar 2021 monthly Dec 1999 - Mar 2021
Private Debt: % of Nominal GDP (%) 76.19 Dec 2020 quarterly Dec 2005 - Dec 2020
Money Supply: Quasi Money (OMR mn) 14,236.200 Sep 2021 monthly Jan 1999 - Sep 2021
Money Supply (OMR mn) 19,976.300 Sep 2021 monthly Jan 1999 - Sep 2021
Domestic Assets (OMR mn) 15,809.300 Sep 2021 monthly Dec 1999 - Sep 2021
Deposits: Private Sector (OMR mn) 14,586.500 Sep 2021 monthly Jan 1999 - Sep 2021
Non Performing Loans (OMR mn) 167.300 Jun 2021 quarterly Mar 2008 - Jun 2021

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