Oman National Government Debt

1990 - 2019 | Yearly | USD mn | CEIC Data

Key information about Oman National Government Debt

  • Oman National Government Debt reached 42.6 USD bn in Dec 2019, compared with 37.7 USD bn in the previous year.
  • Oman National Government Debt data is updated yearly, available from Dec 1990 to Dec 2019.
  • The data reached an all-time high of 42.6 USD bn in Dec 2019 and a record low of 2.3 USD bn in Dec 1990.

CEIC converts annual Government Debt into USD. The Central Bank of Oman provides Government Debt in local currency. The International Monetary Fund period end market exchange rate is used for currency conversions. Government Debt prior to 2001 is sourced from the World Bank.


Related information about Oman National Government Debt
  • In the latest reports, Oman Consolidated Fiscal Balance recorded a deficit equal to 13.8 % of its Nominal GDP in Sep 2020.
  • The country's Government debt accounted for 55.8 % of its Nominal GDP in Dec 2019.
  • Oman Nominal GDP reached 17.3 USD bn in Dec 2020.

View Oman's National Government Debt from 1990 to 2019 in the chart:

Oman National Government Debt

What was Oman's National Government Debt in 2019?

Oman National Government Debt reached 42.6 USD bn in Dec 2019, compared with 37.7 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
42,581.5 2019 37,689.5 2018 2,287.9 1990 42,581.5 2019 USD mn yearly 1990 - 2019

National Government Debt by Country Comparison

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country/region Last Frequency Range
Albania (USD mn) 11,641.6 Mar 2021 quarterly Sep 2010 - Mar 2021
Algeria (USD mn) 62,686.3 2018 yearly 1997 - 2018
Argentina (USD mn) 335,582.2 Dec 2020 quarterly Dec 1994 - Dec 2020
Armenia (USD mn) 8,860.3 Jun 2021 quarterly Mar 2002 - Jun 2021
Australia (USD mn) 591,736.5 2020 yearly 1999 - 2020
Austria (USD mn) 396,501.6 Jun 2021 quarterly Mar 2000 - Jun 2021
Azerbaijan (USD mn) 3,398.5 2010 yearly 2008 - 2010
Bahrain (USD mn) 35,802.9 Jul 2021 monthly Mar 2001 - Jul 2021
Belarus (USD mn) 22,801.2 Aug 2021 monthly Dec 2003 - Aug 2021
Belgium (USD mn) 629,802.2 Dec 2020 quarterly Mar 1980 - Dec 2020
Bolivia (USD mn) 8,960.7 2014 yearly 1998 - 2014
Bosnia and Herzegovina (USD mn) 3,669.1 2020 yearly 2007 - 2020
Botswana (USD mn) 2,443.5 2020 yearly 2002 - 2020
Brazil (USD mn) 1,332,527.5 Aug 2021 monthly Dec 2000 - Aug 2021
Bulgaria (USD mn) 17,898.9 Aug 2021 monthly Dec 2015 - Aug 2021
Canada (USD mn) 1,282,564.6 2021 yearly 1962 - 2021
Chile (USD mn) 91,625.1 Dec 2020 quarterly Mar 2002 - Dec 2020
China (USD mn) 3,201,622.5 2020 yearly 2005 - 2020
Colombia (USD mn) 189,906.6 Mar 2021 quarterly Mar 2002 - Mar 2021
Croatia (USD mn) 54,147.2 Jun 2021 monthly Dec 1995 - Jun 2021
Cyprus (USD mn) 29,451.0 Jul 2021 monthly Dec 2010 - Jul 2021
Czech Republic (USD mn) 117,404.4 Jun 2021 quarterly Mar 2000 - Jun 2021
Denmark (USD mn) 152,205.1 Jun 2021 quarterly Mar 2000 - Jun 2021
Ecuador (USD mn) 62,859.4 Jun 2021 quarterly Dec 2005 - Jun 2021
Egypt (USD mn) 316,592.2 Jun 2020 quarterly Jun 2006 - Jun 2020
Estonia (USD mn) 6,198.0 Jun 2021 quarterly Mar 2000 - Jun 2021
European Union (USD mn) 14,585,705.3 Mar 2021 quarterly Mar 2000 - Mar 2021
Finland (USD mn) 197,949.3 Jun 2021 quarterly Mar 2000 - Jun 2021
France (USD mn) 3,272,408.2 Jun 2021 quarterly Dec 1995 - Jun 2021
Georgia (USD mn) 9,356.7 Jun 2021 quarterly Mar 2006 - Jun 2021
Germany (USD mn) 2,841,509.4 Jun 2021 quarterly Mar 2000 - Jun 2021
Greece (USD mn) 404,142.4 Mar 2021 quarterly Dec 1999 - Mar 2021
Hong Kong SAR, China (USD mn) 152,334.7 2020 yearly 2003 - 2020
Hungary (USD mn) 129,501.0 Jun 2021 quarterly Dec 1989 - Jun 2021
Iceland (USD mn) 17,820.0 2020 yearly 1998 - 2020
India (USD mn) 1,626,690.8 Jun 2021 quarterly Dec 1998 - Jun 2021
Indonesia (USD mn) 460,931.5 Aug 2021 monthly Jun 2009 - Aug 2021
Ireland (USD mn) 270,637.4 Mar 2021 quarterly Mar 2000 - Mar 2021
Israel (USD mn) 306,021.8 2020 yearly 1995 - 2020
Italy (USD mn) 3,233,984.8 Jul 2021 monthly Jan 1957 - Jul 2021
Ivory Coast (USD mn) 3,853.2 2015 yearly 1975 - 2015
Japan (USD mn) 11,148,800.4 Jul 2021 monthly Apr 1982 - Jul 2021
Jordan (USD mn) 38,523.4 Jun 2021 monthly Jan 2002 - Jun 2021
Kazakhstan (USD mn) 44,027.8 Jun 2021 quarterly Mar 2005 - Jun 2021
Kenya (USD mn) 71,510.4 Jun 2021 monthly Sep 1999 - Jun 2021
South Korea (USD mn) 765,176.8 Mar 2021 quarterly Sep 2002 - Mar 2021
Kosovo (USD mn) 1,819.4 2020 yearly 2009 - 2020
Kuwait (USD mn) 3,161.9 Jul 2021 monthly Dec 1993 - Jul 2021
Kyrgyzstan (USD mn) 4,948.6 Feb 2021 monthly Jan 2011 - Feb 2021
Latvia (USD mn) 15,771.1 Mar 2021 quarterly Mar 2000 - Mar 2021
Lebanon (USD mn) 96,846.4 Feb 2021 monthly Dec 2001 - Feb 2021
Lithuania (USD mn) 26,495.3 Mar 2021 quarterly Mar 2000 - Mar 2021
Luxembourg (USD mn) 21,635.4 Mar 2021 quarterly Dec 1995 - Mar 2021
North Macedonia (USD mn) 7,595.9 Jun 2021 quarterly Dec 2009 - Jun 2021
Malawi (USD mn) 2,620.0 2014 yearly 2010 - 2014
Malaysia (USD mn) 231,053.8 Jun 2021 quarterly Mar 1978 - Jun 2021
Malta (USD mn) 8,781.6 Mar 2021 quarterly Mar 2000 - Mar 2021
Mauritius (USD mn) 8,831.5 Jun 2021 quarterly Jun 2003 - Jun 2021
Mexico (USD mn) 656,169.9 Aug 2021 monthly Dec 2005 - Aug 2021
Moldova (USD mn) 4,150.9 Aug 2021 monthly Jan 2007 - Aug 2021
Montenegro (USD mn) 4,854.4 Jun 2021 monthly Dec 2010 - Jun 2021
Morocco (USD mn) 87,936.5 Mar 2021 quarterly Dec 2006 - Mar 2021
Nepal (USD mn) 9,555.8 2019 yearly 1990 - 2019
Netherlands (USD mn) 515,800.7 Mar 2021 quarterly Dec 1999 - Mar 2021
New Zealand (USD mn) 75,235.2 Mar 2021 quarterly Dec 2007 - Mar 2021
Nigeria (USD mn) 76,509.0 Jun 2021 quarterly Dec 2006 - Jun 2021
Norway (USD mn) 183,003.3 2020 yearly 1995 - 2020
Oman (USD mn) 42,581.5 2019 yearly 1990 - 2019
Panama (USD mn) 38,405.1 Mar 2021 monthly Jul 2004 - Mar 2021
Paraguay (USD mn) 10,735.8 2020 yearly 2003 - 2020
Peru (USD mn) 71,334.2 Jun 2021 quarterly Mar 1999 - Jun 2021
Philippines (USD mn) 232,664.2 Aug 2021 monthly Jan 1993 - Aug 2021
Poland (USD mn) 368,507.8 Jun 2021 quarterly Mar 2000 - Jun 2021
Portugal (USD mn) 328,791.6 Jun 2021 quarterly Mar 2000 - Jun 2021
Qatar (USD mn) 26,518.7 2012 yearly 2003 - 2012
Romania (USD mn) 131,889.6 Jul 2021 monthly Nov 2011 - Jul 2021
Russia (USD mn) 282,566.9 Aug 2021 monthly May 2009 - Aug 2021
Saudi Arabia (USD mn) 227,604.0 2020 yearly 2004 - 2020
Serbia (USD mn) 33,649.9 Jul 2021 monthly Sep 2004 - Jul 2021
Singapore (USD mn) 553,261.0 Jun 2021 quarterly Mar 1990 - Jun 2021
Slovakia (USD mn) 67,485.8 Dec 2020 quarterly Mar 2000 - Dec 2020
Slovenia (USD mn) 47,152.9 Mar 2021 quarterly Dec 1999 - Mar 2021
South Africa (USD mn) 280,445.5 Jul 2021 monthly Jan 1960 - Jul 2021
Spain (USD mn) 1,687,975.4 Jun 2021 quarterly Dec 1990 - Jun 2021
Sri Lanka (USD mn) 83,301.6 Jun 2021 quarterly Mar 2014 - Jun 2021
Sweden (USD mn) 230,847.1 Mar 2021 quarterly Mar 2000 - Mar 2021
Switzerland (USD mn) 222,392.1 2020 yearly 1990 - 2020
Taiwan (USD mn) 229,840.6 2020 yearly 1996 - 2020
Thailand (USD mn) 248,951.9 Aug 2021 monthly Oct 1997 - Aug 2021
Tunisia (USD mn) 35,720.2 Jul 2021 monthly Apr 2011 - Jul 2021
Turkey (USD mn) 271,456.7 2020 yearly 2001 - 2020
Ukraine (USD mn) 82,349.3 Jul 2021 monthly Dec 2004 - Jul 2021
United Kingdom (USD mn) 3,068,701.9 Mar 2021 quarterly Mar 1975 - Mar 2021
United States (USD mn) 28,428,919.0 Sep 2021 monthly Jan 1969 - Sep 2021
Uruguay (USD mn) 32,458.1 Jun 2021 quarterly Mar 1999 - Jun 2021
Venezuela (USD mn) 105,131.7 2016 yearly 1996 - 2016
Vietnam (USD mn) 125,215.3 2019 yearly 2010 - 2019
Yemen (USD mn) 20,434.2 2013 yearly 2004 - 2013

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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) 11.882 2026 yearly 1990 - 2026
Forecast: Government Net Debt (OMR bn) 19.727 2026 yearly 1990 - 2026
Forecast: Government Revenue (OMR bn) 11.967 2026 yearly 1990 - 2026
Government Revenue: Corporate Income Tax (OMR mn) 6.300 Jul 2021 monthly Jan 2006 - Jul 2021
Government Expenditure: Current (OMR mn) 828.800 Jul 2021 monthly Jun 2003 - Jul 2021
Government Expenditure: Investment (OMR mn) 75.800 Jul 2021 monthly Jun 2003 - Jul 2021
Government Expenditure (OMR mn) 950.200 Jul 2021 monthly Jun 2003 - Jul 2021
Government Financing (OMR mn) 724.500 Nov 2020 monthly Jan 2006 - Nov 2020
Government Revenue (OMR mn) 853.000 Jul 2021 monthly Jun 2003 - Jul 2021
Government Surplus or Deficit: Remaining (OMR mn) 384.800 Nov 2020 monthly Jan 2006 - Nov 2020
Government Surplus or Deficit: Fiscal (OMR mn) -97.300 Jul 2021 monthly Jun 2003 - Jul 2021
Government Debt (OMR mn) 16,372.600 2019 yearly 2001 - 2019
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.986 2026 yearly 1980 - 2026
Trade Balance (USD mn) 1,702.2 May 2021 monthly Jan 1975 - May 2021
Total Exports (USD mn) 3,246.8 May 2021 monthly Mar 2003 - May 2021
Total Exports Growth (%) 70.2 Jun 2021 monthly Mar 2004 - Jun 2021
Aluminum: Exports (USD th) 608,968.066 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 80,253.436 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 4,663.564 2020 yearly 1995 - 2020
Total Imports (USD mn) 2,012.5 Jun 2021 monthly Jan 1975 - Jun 2021
Total Imports Growth (%) 17.8 May 2021 monthly Jan 1976 - May 2021
Imports: Medicament (USD th) 223,623.077 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 76,158.372 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: 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: Non Oil: Chemical Products (OMR mn) 100.100 Jun 2021 monthly Jan 2006 - Jun 2021
Exports: Oil and Gas (OMR mn) 809.700 Jun 2021 monthly Jan 2006 - Jun 2021
Exports (OMR mn) 1,355.400 Jun 2021 monthly Jan 1974 - Jun 2021
Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) 141.400 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: United Arab Emirates (OMR mn) 68.600 Jun 2021 monthly Jan 2006 - Jun 2021
Re-Exports (OMR mn) 122.500 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: Saudi Arabia (OMR mn) 39.700 Jun 2021 monthly Jan 2006 - Jun 2021
Exports: Non Oil (OMR mn) 423.200 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: Mineral Products (OMR mn) 149.000 Jun 2021 monthly Jan 2006 - Jun 2021
Imports: Chemical Products (OMR mn) 75.600 Jun 2021 monthly Jan 2006 - Jun 2021
Imports: Transport Equipment (OMR mn) 38.500 Jun 2021 monthly Jan 2006 - Jun 2021
Imports: Saudi Arabia (OMR mn) 30.900 Jun 2021 monthly Jan 2011 - Jun 2021
Imports: United Arab Emirates (OMR mn) 271.200 Jun 2021 monthly Jan 2006 - Jun 2021
Imports: India (OMR mn) 35.900 Jun 2021 monthly Feb 2006 - Jun 2021
Imports (OMR mn) 773.800 Jun 2021 monthly Jan 1975 - Jun 2021
Exports: Crude Oil: Japan (Barrel th) 0.000 Aug 2021 monthly Feb 2006 - Aug 2021
Exports: Crude Oil (Barrel th) 24,309.000 Aug 2021 monthly Feb 2006 - Aug 2021
Exports: Crude Oil: China (Barrel th) 21,405.100 Aug 2021 monthly Feb 2006 - Aug 2021
Exports: Crude Oil: India (Barrel th) 2,903.900 Aug 2021 monthly Nov 2010 - Aug 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 (%) -12.0 2020 yearly 1980 - 2020
Foreign Direct Investment (USD mn) 2,860.9 2020 yearly 1970 - 2020
Foreign Direct Investment: % of GDP (%) 4.0 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) -1.564 2026 yearly 1980 - 2026
BoP: Current Account: Transfers (OMR mn) -3,774.000 2017 yearly 1996 - 2017
BoP: CF: Financial Account: Other Investment: Liabilities (OMR mn) 324.000 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: 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: 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: 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: 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: Current Account: GI: GS: Goods: Exports (OMR mn) 11,730.000 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: CF: Financial Account: Foreign Direct Investment: Assets (OMR mn) -206.000 2020 yearly 2001 - 2020
Foreign Direct Investment: Manufacturing (OMR mn) 1,149.400 2018 yearly 2005 - 2018
Foreign Direct Investment: Financial Intermediation (OMR mn) 1,451.900 2018 yearly 2005 - 2018
Foreign Direct Investment: Construction (OMR mn) 125.700 2018 yearly 2005 - 2018
Foreign Direct Investment: Real Estate, Renting and Business Activities (OMR mn) 621.300 2018 yearly 2005 - 2018
Foreign Direct Investment: Oil and Gas (OMR mn) 8,540.100 2018 yearly 2005 - 2018
Foreign Direct Investment: United Arab Emirates (OMR mn) 1,033.900 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
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
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) 15,114.954 Jul 2021 monthly Jan 1999 - Jul 2021
Money Supply M2 (USD mn) 51,899.610 Jul 2021 monthly Jan 1999 - Jul 2021
M2 Growth (%) 4.7 Jul 2021 monthly Jan 2000 - Jul 2021
Reserve Requirement Ratio (%) 5.0 Apr 2021 monthly Jun 2006 - Apr 2021
Foreign Exchange Reserves (USD mn) 16,883.2 Jul 2021 monthly Apr 1970 - Jul 2021
Foreign Exchange Reserves: % of GDP (%) 23.612 Mar 2021 quarterly Dec 2005 - Mar 2021
Foreign Exchange Reserves: Months of Import (NA) 11.5 May 2021 monthly Jan 1975 - May 2021
Gold Reserves (USD mn) 1.821 Jul 2021 monthly Dec 1969 - Jul 2021
Total Deposits (USD mn) 53,909.730 Jul 2021 monthly Jan 2000 - Jul 2021
Total Deposits Growth (%) 4.1 Feb 2021 monthly Jan 2001 - Feb 2021
Domestic Credit (USD mn) 63,711.3 Jul 2021 monthly Dec 1999 - Jul 2021
Domestic Credit Growth (%) 5.3 Jul 2021 monthly Dec 2000 - Jul 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) 14,143.700 Jul 2021 monthly Jan 1999 - Jul 2021
Domestic Assets (OMR mn) 15,774.800 Jul 2021 monthly Dec 1999 - Jul 2021
Money Supply (OMR mn) 19,955.400 Jul 2021 monthly Jan 1999 - Jul 2021
Deposits: Private Sector (OMR mn) 14,529.100 Jul 2021 monthly Jan 1999 - Jul 2021
Non Performing Loans (OMR mn) 167.300 Jun 2021 quarterly Mar 2008 - Jun 2021

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