Oman National Government Debt

1990 - 2024 | Yearly | USD mn | CEIC Data

Key information about Oman National Government Debt

  • Oman National Government Debt reached 38.0 USD bn in Dec 2024, compared with 39.7 USD bn in the previous year.
  • Oman National Government Debt data is updated yearly, available from Dec 1990 to Dec 2024.
  • The data reached an all-time high of 53.2 USD bn in Dec 2021 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 registered a surplus equal to 2.3 % of its Nominal GDP in Sep 2023.
  • The country's Government debt accounted for 35.4 % of its Nominal GDP in Dec 2024.
  • Oman Nominal GDP reached 26.5 USD bn in Jun 2025.

View Oman's National Government Debt from 1990 to 2024 in the chart:

Oman National Government Debt

What was Oman's National Government Debt in 2024?

Oman National Government Debt reached 38.0 USD bn in Dec 2024, compared with 39.7 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
37,979.2 2024 39,697.0 2023 2,287.9 1990 53,247.6 2021 USD mn yearly 1990 - 2024

National Government Debt by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 16,715.8 Sep 2025 quarterly Sep 2010 - Sep 2025
Algeria (USD mn) 127,109.6 2024 yearly 1997 - 2024
Argentina (USD mn) 465,353.1 Jun 2025 quarterly Dec 1994 - Jun 2025
Armenia (USD mn) 14,204.4 Sep 2025 quarterly Mar 2002 - Sep 2025
Australia (USD mn) 685,976.3 2024 yearly 1999 - 2024
Austria (USD mn) 485,261.6 Jun 2025 quarterly Mar 2000 - Jun 2025
Azerbaijan (USD mn) 9,223.0 2021 yearly 2008 - 2021
Bahrain (USD mn) 50,938.0 Oct 2025 monthly Mar 2001 - Oct 2025
Belarus (USD mn) 23,375.7 May 2022 monthly Dec 2003 - May 2022
Belgium (USD mn) 789,372.7 Jun 2025 quarterly Mar 1980 - Jun 2025
Bolivia (USD mn) 8,960.7 2014 yearly 1998 - 2014
Bosnia and Herzegovina (USD mn) 3,449.6 2024 yearly 2007 - 2024
Botswana (USD mn) 4,996.3 2025 yearly 2002 - 2025
Brazil (USD mn) 1,829,967.6 Oct 2025 monthly Dec 2000 - Oct 2025
Bulgaria (USD mn) 36,644.2 Sep 2025 monthly Dec 2015 - Sep 2025
Canada (USD mn) 1,517,724.5 2025 yearly 1962 - 2025
Chile (USD mn) 148,279.6 Jun 2025 quarterly Mar 2002 - Jun 2025
China (USD mn) 4,736,394.2 2024 yearly 2005 - 2024
Colombia (USD mn) 280,165.7 Jun 2025 quarterly Dec 2001 - Jun 2025
Croatia (USD mn) 58,482.1 Jul 2025 monthly Dec 1995 - Jul 2025
Cyprus (USD mn) 24,996.0 Oct 2025 monthly Dec 2010 - Oct 2025
Czech Republic (USD mn) 171,676.6 Jun 2025 quarterly Mar 2000 - Jun 2025
Denmark (USD mn) 140,044.5 Jun 2025 quarterly Mar 2000 - Jun 2025
Ecuador (USD mn) 85,105.4 Sep 2025 quarterly Dec 2005 - Sep 2025
Egypt (USD mn) 301,714.5 Jun 2025 quarterly Jun 2006 - Jun 2025
Estonia (USD mn) 11,125.7 Jun 2025 quarterly Mar 2000 - Jun 2025
European Union (USD mn) 17,710,682.0 Jun 2025 quarterly Mar 2000 - Jun 2025
Finland (USD mn) 289,404.3 Jun 2025 quarterly Mar 2000 - Jun 2025
France (USD mn) 4,020,987.6 Jun 2025 quarterly Dec 1995 - Jun 2025
Georgia (USD mn) 13,032.9 Sep 2025 quarterly Mar 2006 - Sep 2025
Germany (USD mn) 3,217,205.9 Jun 2025 quarterly Mar 2000 - Jun 2025
Greece (USD mn) 433,852.8 Jun 2025 quarterly Dec 1999 - Jun 2025
Hong Kong SAR, China (USD mn) 190,086.3 2024 yearly 2003 - 2024
Hungary (USD mn) 192,814.7 Sep 2025 quarterly Dec 1989 - Sep 2025
Iceland (USD mn) 20,353.7 2023 yearly 1998 - 2023
India (USD mn) 2,223,903.4 Jun 2025 quarterly Dec 1998 - Jun 2025
Indonesia (USD mn) 547,950.7 Jan 2025 monthly Jun 2009 - Jan 2025
Ireland (USD mn) 243,925.0 Jun 2025 quarterly Mar 2000 - Jun 2025
Israel (USD mn) 364,326.8 2024 yearly 1995 - 2024
Italy (USD mn) 3,615,456.0 Sep 2025 monthly Jan 1957 - Sep 2025
Ivory Coast (USD mn) 3,853.2 2015 yearly 1975 - 2015
Japan (USD mn) 9,012,579.6 Sep 2025 monthly Apr 1982 - Sep 2025
Jordan (USD mn) 50,623.8 Sep 2025 monthly Jan 2002 - Sep 2025
Kazakhstan (USD mn) 59,945.7 Dec 2024 quarterly Mar 2005 - Dec 2024
Kenya (USD mn) 92,599.6 Aug 2025 monthly Sep 1999 - Aug 2025
South Korea (USD mn) 896,321.5 Sep 2025 quarterly Sep 2002 - Sep 2025
Kosovo (USD mn) 1,875.6 2022 yearly 2009 - 2022
Kuwait (USD mn) 6,711.4 Oct 2025 monthly Dec 1993 - Oct 2025
Kyrgyzstan (USD mn) 8,646.5 Aug 2025 monthly Jan 2011 - Aug 2025
Latvia (USD mn) 23,276.2 Jun 2025 quarterly Mar 2000 - Jun 2025
Lebanon (USD mn) 101,813.6 Dec 2022 monthly Dec 2001 - Dec 2022
Lithuania (USD mn) 37,446.6 Jun 2025 quarterly Mar 2000 - Jun 2025
Luxembourg (USD mn) 25,740.5 Jun 2025 quarterly Dec 1995 - Jun 2025
North Macedonia (USD mn) 10,002.3 Jun 2025 quarterly Dec 2009 - Jun 2025
Malawi (USD mn) 2,620.0 2014 yearly 2010 - 2014
Malaysia (USD mn) 312,770.7 Sep 2025 quarterly Mar 1978 - Sep 2025
Malta (USD mn) 13,085.3 Jun 2025 quarterly Mar 2000 - Jun 2025
Mauritius (USD mn) 12,821.9 Sep 2025 quarterly Jun 2003 - Sep 2025
Mexico (USD mn) 1,052,255.7 Oct 2025 monthly Dec 2005 - Oct 2025
Moldova (USD mn) 7,606.5 Sep 2025 monthly Jan 2007 - Sep 2025
Montenegro (USD mn) 5,521.7 Sep 2025 monthly Dec 2010 - Sep 2025
Morocco (USD mn) 91,099.0 Dec 2022 quarterly Dec 2006 - Dec 2022
Nepal (USD mn) 14,538.4 2021 yearly 1990 - 2021
Netherlands (USD mn) 578,730.9 Jun 2025 quarterly Dec 1999 - Jun 2025
New Zealand (USD mn) 123,654.9 Sep 2025 quarterly Dec 2006 - Sep 2025
Nigeria (USD mn) 97,066.2 Jun 2025 quarterly Dec 2006 - Jun 2025
Norway (USD mn) 251,685.3 2024 yearly 1995 - 2024
Oman (USD mn) 37,979.2 2024 yearly 1990 - 2024
Panama (USD mn) 58,832.7 Oct 2025 monthly Jul 2004 - Oct 2025
Paraguay (USD mn) 16,217.1 2024 yearly 2003 - 2024
Peru (USD mn) 105,081.0 Sep 2025 quarterly Mar 1999 - Sep 2025
Philippines (USD mn) 297,648.2 Oct 2025 monthly Jan 1993 - Oct 2025
Poland (USD mn) 604,403.5 Jun 2025 quarterly Mar 2000 - Jun 2025
Portugal (USD mn) 345,383.7 Sep 2025 quarterly Mar 2000 - Sep 2025
Qatar (USD mn) 26,518.7 2012 yearly 2003 - 2012
Romania (USD mn) 249,581.5 Aug 2025 monthly Nov 2011 - Aug 2025
Russia (USD mn) 407,811.4 Oct 2025 monthly May 2009 - Oct 2025
Saudi Arabia (USD mn) 324,244.9 2024 yearly 2004 - 2024
Serbia (USD mn) 44,724.1 Sep 2025 monthly Sep 2004 - Sep 2025
Singapore (USD mn) 1,010,431.8 Sep 2025 quarterly Mar 1990 - Sep 2025
Slovakia (USD mn) 89,388.0 Mar 2025 quarterly Mar 2000 - Mar 2025
Slovenia (USD mn) 55,900.6 Jun 2025 quarterly Dec 1999 - Jun 2025
South Africa (USD mn) 346,277.1 Oct 2025 monthly Jan 1960 - Oct 2025
Spain (USD mn) 1,990,214.9 Jun 2025 quarterly Dec 1990 - Jun 2025
Sri Lanka (USD mn) 98,799.1 Jun 2025 quarterly Mar 2014 - Jun 2025
Sweden (USD mn) 231,414.4 Jun 2025 quarterly Mar 1999 - Jun 2025
Switzerland (USD mn) 231,894.5 2024 yearly 1990 - 2024
Taiwan (USD mn) 223,824.2 2023 yearly 1996 - 2023
Thailand (USD mn) 340,585.0 Oct 2025 monthly Oct 1997 - Oct 2025
Tunisia (USD mn) 46,921.1 Sep 2025 monthly Apr 2011 - Sep 2025
Turkey (USD mn) 298,427.1 2024 yearly 2001 - 2024
Ukraine (USD mn) 190,373.9 Oct 2025 monthly Dec 2004 - Oct 2025
United Kingdom (USD mn) 4,113,194.2 Jun 2025 quarterly Mar 1966 - Jun 2025
United States (USD mn) 38,040,094.0 Oct 2025 monthly Jan 1969 - Oct 2025
Uruguay (USD mn) 47,848.8 Jun 2025 quarterly Mar 1999 - Jun 2025
Venezuela (USD mn) 105,131.7 2016 yearly 1996 - 2016
Vietnam (USD mn) 150,597.5 2024 yearly 2010 - 2024
Yemen (USD mn) 20,434.2 2013 yearly 2004 - 2013

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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) -130.039 Sep 2025 monthly Jun 2003 - Sep 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) 37,979.2 2024 yearly 1990 - 2024
Government Debt: % of GDP (%) 35.4 2024 yearly 1990 - 2024
Forecast: Government Expenditure (OMR bn) 11.786 2030 yearly 1990 - 2030
Forecast: Government Net Debt (OMR bn) 14.788 2030 yearly 1990 - 2030
Forecast: Government Revenue (OMR bn) 13.974 2030 yearly 1990 - 2030
Government Expenditure: Current (OMR mn) 709.000 Oct 2024 monthly Jun 2003 - Oct 2024
Government Surplus or Deficit: Fiscal (OMR mn) 44.000 Oct 2024 monthly Jun 2003 - Oct 2024
Government Expenditure: Investment (OMR mn) 152.000 Oct 2024 monthly Jun 2003 - Oct 2024
Government Surplus or Deficit: Remaining (OMR mn) 22.000 Jul 2024 monthly Jan 2006 - Jul 2024
Government Revenue (OMR mn) 1,005.000 Oct 2024 monthly Jun 2003 - Oct 2024
Government Revenue: Current (OMR mn) 230.000 Oct 2024 monthly Mar 2012 - Oct 2024
Government Revenue: Corporate Income Tax (OMR mn) 18.000 Oct 2024 monthly Jan 2006 - Oct 2024
Government Expenditure (OMR mn) 961.000 Oct 2024 monthly Jun 2003 - Oct 2024
Government Financing (OMR mn) -8.000 Oct 2024 monthly Jan 2006 - Oct 2024
Government Debt (OMR mn) 15,263.500 2023 yearly 2001 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.354 2028 yearly 1980 - 2028
Trade Balance (USD mn) -137.8 Sep 2025 monthly Jan 1975 - Sep 2025
Total Exports (USD mn) 4,824.4 Sep 2025 monthly Mar 2003 - Sep 2025
Total Exports Growth (%) -6.3 Sep 2025 monthly Mar 2004 - Sep 2025
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) 4,962.3 Sep 2025 monthly Jan 1975 - Sep 2025
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) 103.016 Aug 2025 monthly Oct 1986 - Aug 2025
Total Imports from USA (USD mn) 96.602 Aug 2025 monthly Jan 1981 - Aug 2025
Total Exports to China (USD mn) 47.074 Jun 2017 monthly Nov 2009 - Jun 2017
Total Imports from China (USD mn) 475.943 Sep 2025 monthly Jun 1984 - Sep 2025
Exports: Oil and Gas (OMR mn) 1,130.000 Sep 2025 monthly Jan 2006 - Sep 2025
Exports: Non Oil: Chemical Products (OMR mn) 97.000 Sep 2025 monthly Jan 2006 - Sep 2025
Exports: Oil and Gas: Liquefied Natural Gas (OMR mn) 129.000 Sep 2025 monthly Jan 2006 - Sep 2025
Exports: Oil and Gas: Crude Oil (OMR mn) 688.000 Sep 2025 monthly Jan 1995 - Sep 2025
Exports: Non Oil: Mineral Products (OMR mn) 162.000 Sep 2025 monthly Jan 2006 - Sep 2025
Exports (OMR mn) 1,855.000 Sep 2025 monthly Jan 1974 - Sep 2025
Exports: Non Oil (OMR mn) 581.000 Sep 2025 monthly Jan 2006 - Sep 2025
Imports: Electrical Machinery, Mechanical Equipment and Parts (OMR mn) 264.000 Sep 2025 monthly Jan 2006 - Sep 2025
Imports: Chemical Products (OMR mn) 126.000 Sep 2025 monthly Jan 2006 - Sep 2025
Imports: Mineral Products (OMR mn) 357.000 Sep 2025 monthly Jan 2006 - Sep 2025
Imports: Transport Equipment (OMR mn) 157.000 Sep 2025 monthly Jan 2006 - Sep 2025
Imports (OMR mn) 1,908.000 Sep 2025 monthly Jan 1975 - Sep 2025
Exports: Non Oil: India (OMR mn) 73.000 Dec 2024 monthly Jan 2006 - Dec 2024
Exports: Non Oil: Saudi Arabia (OMR mn) 84.000 Dec 2024 monthly Jan 2006 - Dec 2024
Exports: Non Oil: United Arab Emirates (OMR mn) 111.000 Dec 2024 monthly Jan 2006 - Dec 2024
Re-Exports (OMR mn) 119.000 Dec 2024 monthly Jan 2006 - Dec 2024
Exports: Re-Exports: ow United States (OMR mn) 2.000 Dec 2024 monthly Dec 2007 - Dec 2024
Imports: India (OMR mn) 134.000 Dec 2024 monthly Feb 2006 - Dec 2024
Imports: Saudi Arabia (OMR mn) 87.000 Dec 2024 monthly Jan 2011 - Dec 2024
Imports: United Arab Emirates (OMR mn) 341.000 Dec 2024 monthly Jan 2006 - Dec 2024
Exports: Crude Oil: India (Barrel th) 0.000 Dec 2024 monthly Nov 2010 - Dec 2024
Exports: Crude Oil: China (Barrel th) 24,760.200 Dec 2024 monthly Feb 2006 - Dec 2024
Exports: Crude Oil: Japan (Barrel th) 1,200.000 Dec 2024 monthly Feb 2006 - Dec 2024
Exports: Crude Oil (Barrel th) 25,821.300 Jan 2025 monthly Feb 2006 - Jan 2025
Import Volume Index (2015=100) 84.478 2021 yearly 2000 - 2021
Export Volume Index (2015=100) 113.944 2021 yearly 1980 - 2021
Export Value Index (2015=100) 139.667 2021 yearly 1980 - 2021
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) 1.683 2030 yearly 1980 - 2030
OM: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liab... (USD mn) 0.000 2021 yearly 2017 - 2021
OM: BoP: Financial Account: Financial Derivatives & Employee Stock Options (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) 19,722.757 Sep 2025 monthly Jan 1999 - Sep 2025
Money Supply M2 (USD mn) 66,953.186 Sep 2025 monthly Jan 1999 - Sep 2025
M2 Growth (%) 4.3 Sep 2025 monthly Jan 2000 - Sep 2025
Reserve Requirement Ratio (%) 5.0 Sep 2025 monthly Jun 2006 - Sep 2025
Foreign Exchange Reserves (USD mn) 17,171.4 Sep 2025 monthly Apr 1970 - Sep 2025
Foreign Exchange Reserves: % of GDP (%) 15.648 Jun 2025 quarterly Dec 2005 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 3.5 Sep 2025 monthly Jan 1975 - Sep 2025
Gold Reserves (USD mn) 895.189 Sep 2025 monthly Dec 1969 - Sep 2025
Total Deposits (USD mn) 67,029.899 Sep 2025 monthly Jan 2000 - Sep 2025
Total Deposits Growth (%) 3.4 Sep 2025 monthly Jan 2001 - Sep 2025
Domestic Credit (USD mn) 76,195.6 Sep 2025 monthly Dec 1999 - Sep 2025
Domestic Credit Growth (%) 7.4 Sep 2025 monthly Dec 2000 - Sep 2025
Total Loans (USD mn) 70,609.103 Sep 2025 monthly Dec 1998 - Sep 2025
Total Loans Growth (%) 7.22 Sep 2025 monthly Dec 1999 - Sep 2025
Private Debt: % of Nominal GDP (%) 52.41 Jun 2025 quarterly Dec 2005 - Jun 2025
Domestic Assets (OMR mn) 17,683.400 Dec 2024 monthly Dec 1999 - Dec 2024
Money Supply: Quasi Money (OMR mn) 17,772.200 Dec 2024 monthly Jan 1999 - Dec 2024
Money Supply (OMR mn) 24,867.300 Dec 2024 monthly Jan 1999 - Dec 2024
Deposits: Private Sector (OMR mn) 16,369.500 Dec 2024 monthly Jan 1999 - Dec 2024

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