Oman National Government Debt

1990 - 2022 | Yearly | USD mn | CEIC Data

Key information about Oman National Government Debt

  • Oman National Government Debt reached 46.1 USD bn in Dec 2022, compared with 54.4 USD bn in the previous year.
  • Oman National Government Debt data is updated yearly, available from Dec 1990 to Dec 2022.
  • The data reached an all-time high of 54.4 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 2.6 % of its Nominal GDP in Jun 2023.
  • The country's Government debt accounted for 40.2 % of its Nominal GDP in Dec 2022.
  • Oman Nominal GDP reached 27.1 USD bn in Mar 2023.

View Oman's National Government Debt from 1990 to 2022 in the chart:

Oman National Government Debt

What was Oman's National Government Debt in 2022?

Oman National Government Debt reached 46.1 USD bn in Dec 2022, compared with 54.4 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
46,137.8 2022 54,444.7 2021 2,287.9 1990 54,444.7 2021 USD mn yearly 1990 - 2022

National Government Debt by Country Comparison

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Includes National Government Debt on 98 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) 13,499.8 Sep 2023 quarterly Sep 2010 - Sep 2023
Algeria (USD mn) 111,205.0 2022 yearly 1997 - 2022
Argentina (USD mn) 370,673.4 Dec 2023 quarterly Dec 1994 - Dec 2023
Armenia (USD mn) 11,845.3 Dec 2023 quarterly Mar 2002 - Dec 2023
Australia (USD mn) 673,484.7 2022 yearly 1999 - 2022
Austria (USD mn) 410,557.9 Dec 2023 quarterly Mar 2000 - Dec 2023
Azerbaijan (USD mn) 9,223.0 2021 yearly 2008 - 2021
Bahrain (USD mn) 40,419.0 Jan 2024 monthly Mar 2001 - Jan 2024
Belarus (USD mn) 23,375.7 May 2022 monthly Dec 2003 - May 2022
Belgium (USD mn) 660,312.5 Sep 2023 quarterly Mar 1980 - Sep 2023
Bolivia (USD mn) 8,960.7 2014 yearly 1998 - 2014
Bosnia and Herzegovina (USD mn) 3,441.3 2023 yearly 2007 - 2023
Botswana (USD mn) 3,497.5 2023 yearly 2002 - 2023
Brazil (USD mn) 1,670,045.4 Feb 2024 monthly Dec 2000 - Feb 2024
Bulgaria (USD mn) 22,770.7 Feb 2024 monthly Dec 2015 - Feb 2024
Canada (USD mn) 1,423,314.6 2023 yearly 1962 - 2023
Chile (USD mn) 125,588.9 Dec 2023 quarterly Mar 2002 - Dec 2023
China (USD mn) 4,229,989.2 2023 yearly 2005 - 2023
Colombia (USD mn) 226,036.5 Sep 2023 quarterly Dec 2001 - Sep 2023
Croatia (USD mn) 49,150.2 Dec 2022 monthly Dec 1995 - Dec 2022
Cyprus (USD mn) 24,851.2 Feb 2024 monthly Dec 2010 - Feb 2024
Czech Republic (USD mn) 144,278.2 Dec 2023 quarterly Mar 2000 - Dec 2023
Denmark (USD mn) 121,119.5 Dec 2023 quarterly Mar 2000 - Dec 2023
Ecuador (USD mn) 79,608.5 Dec 2023 quarterly Dec 2005 - Dec 2023
Egypt (USD mn) 369,695.1 Jun 2022 quarterly Jun 2006 - Jun 2022
Estonia (USD mn) 8,156.6 Dec 2023 quarterly Mar 2000 - Dec 2023
European Union (USD mn) 14,589,252.7 Sep 2023 quarterly Mar 2000 - Sep 2023
Finland (USD mn) 232,882.8 Dec 2023 quarterly Mar 2000 - Dec 2023
France (USD mn) 3,430,547.4 Dec 2023 quarterly Dec 1995 - Dec 2023
Georgia (USD mn) 11,675.6 Dec 2023 quarterly Mar 2006 - Dec 2023
Germany (USD mn) 2,901,196.5 Dec 2023 quarterly Mar 2000 - Dec 2023
Greece (USD mn) 381,205.0 Sep 2023 quarterly Dec 1999 - Sep 2023
Hong Kong SAR, China (USD mn) 181,662.1 2023 yearly 2003 - 2023
Hungary (USD mn) 150,420.3 Dec 2023 quarterly Dec 1989 - Dec 2023
Iceland (USD mn) 18,223.8 2022 yearly 1998 - 2022
India (USD mn) 2,045,168.5 Dec 2023 quarterly Dec 1998 - Dec 2023
Indonesia (USD mn) 530,799.5 Feb 2024 monthly Jun 2009 - Feb 2024
Ireland (USD mn) 235,561.7 Sep 2023 quarterly Mar 2000 - Sep 2023
Israel (USD mn) 310,795.6 2023 yearly 1995 - 2023
Italy (USD mn) 3,092,277.3 Jan 2024 monthly Jan 1957 - Jan 2024
Ivory Coast (USD mn) 3,853.2 2015 yearly 1975 - 2015
Japan (USD mn) 9,396,604.9 Apr 2023 monthly Apr 1982 - Apr 2023
Jordan (USD mn) 45,981.8 Nov 2023 monthly Jan 2002 - Nov 2023
Kazakhstan (USD mn) 57,122.7 Dec 2023 quarterly Mar 2005 - Dec 2023
Kenya (USD mn) 70,728.9 Dec 2023 monthly Sep 1999 - Dec 2023
South Korea (USD mn) 815,782.8 Sep 2023 quarterly Sep 2002 - Sep 2023
Kosovo (USD mn) 1,875.6 2022 yearly 2009 - 2022
Kuwait (USD mn) 682.8 Jan 2024 monthly Dec 1993 - Jan 2024
Kyrgyzstan (USD mn) 6,270.5 Jan 2024 monthly Jan 2011 - Jan 2024
Latvia (USD mn) 17,359.2 Jun 2023 quarterly Mar 2000 - Jun 2023
Lebanon (USD mn) 100,370.8 Dec 2021 monthly Dec 2001 - Dec 2021
Lithuania (USD mn) 30,484.5 Dec 2023 quarterly Mar 2000 - Dec 2023
Luxembourg (USD mn) 21,543.4 Sep 2023 quarterly Dec 1995 - Sep 2023
North Macedonia (USD mn) 8,026.8 Dec 2023 quarterly Dec 2009 - Dec 2023
Malawi (USD mn) 2,620.0 2014 yearly 2010 - 2014
Malaysia (USD mn) 255,431.9 Dec 2023 quarterly Mar 1978 - Dec 2023
Malta (USD mn) 9,959.4 Sep 2023 quarterly Mar 2000 - Sep 2023
Mauritius (USD mn) 10,153.1 Dec 2023 quarterly Jun 2003 - Dec 2023
Mexico (USD mn) 926,584.2 Feb 2024 monthly Dec 2005 - Feb 2024
Moldova (USD mn) 5,894.9 Feb 2024 monthly Jan 2007 - Feb 2024
Montenegro (USD mn) 4,219.6 Sep 2023 monthly Dec 2010 - Sep 2023
Morocco (USD mn) 91,099.0 Dec 2022 quarterly Dec 2006 - Dec 2022
Nepal (USD mn) 9,555.9 2019 yearly 1990 - 2019
Netherlands (USD mn) 531,718.3 Dec 2023 quarterly Dec 1999 - Dec 2023
New Zealand (USD mn) 99,408.0 Dec 2023 quarterly Dec 2006 - Dec 2023
Nigeria (USD mn) 101,710.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Norway (USD mn) 224,382.7 2023 yearly 1995 - 2023
Oman (USD mn) 46,137.8 2022 yearly 1990 - 2022
Panama (USD mn) 49,808.0 Feb 2024 monthly Jul 2004 - Feb 2024
Paraguay (USD mn) 13,433.8 2022 yearly 2003 - 2022
Peru (USD mn) 88,740.2 Dec 2023 quarterly Mar 1999 - Dec 2023
Philippines (USD mn) 270,146.1 Feb 2024 monthly Jan 1993 - Feb 2024
Poland (USD mn) 429,770.7 Dec 2023 quarterly Mar 2000 - Dec 2023
Portugal (USD mn) 291,024.4 Dec 2023 quarterly Mar 2000 - Dec 2023
Qatar (USD mn) 26,518.7 2012 yearly 2003 - 2012
Romania (USD mn) 174,424.0 Jan 2024 monthly Nov 2011 - Jan 2024
Russia (USD mn) 281,621.2 Feb 2024 monthly May 2009 - Feb 2024
Saudi Arabia (USD mn) 273,066.7 2023 yearly 2004 - 2023
Serbia (USD mn) 39,363.5 Feb 2024 monthly Sep 2004 - Feb 2024
Singapore (USD mn) 871,871.2 Dec 2023 quarterly Mar 1990 - Dec 2023
Slovakia (USD mn) 75,313.8 Jun 2023 quarterly Mar 2000 - Jun 2023
Slovenia (USD mn) 48,308.1 Dec 2023 quarterly Dec 1999 - Dec 2023
South Africa (USD mn) 273,059.8 Feb 2024 monthly Jan 1960 - Feb 2024
Spain (USD mn) 1,740,886.1 Dec 2023 quarterly Dec 1990 - Dec 2023
Sri Lanka (USD mn) 86,964.6 Sep 2023 quarterly Mar 2014 - Sep 2023
Sweden (USD mn) 170,597.9 Sep 2023 quarterly Mar 1999 - Sep 2023
Switzerland (USD mn) 267,524.5 2022 yearly 1990 - 2022
Taiwan (USD mn) 218,997.1 2022 yearly 1996 - 2022
Thailand (USD mn) 276,423.6 Feb 2024 monthly Oct 1997 - Feb 2024
Tunisia (USD mn) 38,631.7 Nov 2023 monthly Apr 2011 - Nov 2023
Turkey (USD mn) 254,513.1 2022 yearly 2001 - 2022
Ukraine (USD mn) 135,245.2 Feb 2024 monthly Dec 2004 - Feb 2024
United Kingdom (USD mn) 3,241,935.2 Sep 2023 quarterly Mar 1966 - Sep 2023
United States (USD mn) 34,586,533.0 Mar 2024 monthly Jan 1969 - Mar 2024
Uruguay (USD mn) 41,995.8 Dec 2023 quarterly Mar 1999 - Dec 2023
Venezuela (USD mn) 105,131.7 2016 yearly 1996 - 2016
Vietnam (USD mn) 137,176.1 2022 yearly 2010 - 2022
Yemen (USD mn) 20,434.2 2013 yearly 2004 - 2013

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Oman Key Series

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Includes 179 key indicators for Oman, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.2 Sep 2023 quarterly Dec 2005 - Sep 2023
Consolidated Fiscal Balance (USD mn) 221.066 Jan 2024 monthly Jun 2003 - Jan 2024
Tax Revenue (USD mn) 3,304.518 2021 yearly 1996 - 2021
Tax Revenue: % of GDP (%) 3.8 2021 yearly 1996 - 2021
National Government Debt (USD mn) 46,137.8 2022 yearly 1990 - 2022
Government Debt: % of GDP (%) 41.2 2022 yearly 1990 - 2022
Forecast: Government Expenditure (OMR bn) 11.499 2028 yearly 1990 - 2028
Forecast: Government Net Debt (OMR bn) 13.559 2028 yearly 1990 - 2028
Forecast: Government Revenue (OMR bn) 12.441 2028 yearly 1990 - 2028
Government Revenue: Corporate Income Tax (OMR mn) 29.000 Oct 2023 monthly Jan 2006 - Oct 2023
Government Expenditure: Current (OMR mn) 680.000 Jan 2024 monthly Jun 2003 - Jan 2024
Government Financing (OMR mn) -97.000 Jan 2024 monthly Jan 2006 - Jan 2024
Government Expenditure: Investment (OMR mn) 19.000 Jan 2024 monthly Jun 2003 - Jan 2024
Government Surplus or Deficit: Fiscal (OMR mn) 85.000 Jan 2024 monthly Jun 2003 - Jan 2024
Government Expenditure (OMR mn) 929.000 Jan 2024 monthly Jun 2003 - Jan 2024
Government Surplus or Deficit: Remaining (OMR mn) -12.000 Jan 2024 monthly Jan 2006 - Jan 2024
Government Revenue (OMR mn) 1,014.000 Jan 2024 monthly Jun 2003 - Jan 2024
Government Revenue: Current (OMR mn) 283.000 Jan 2024 monthly Mar 2012 - Jan 2024
Government Debt (OMR mn) 17,740.000 2022 yearly 2001 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.354 2028 yearly 1980 - 2028
Trade Balance (USD mn) 2,280.9 Jan 2024 monthly Jan 1975 - Jan 2024
Total Exports (USD mn) 5,989.6 Jan 2024 monthly Mar 2003 - Jan 2024
Total Exports Growth (%) 16.7 Jan 2024 monthly Mar 2004 - Jan 2024
Aluminum: Exports (USD th) 2,202,640.622 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 155,305.875 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 4,561.969 2022 yearly 1995 - 2022
Total Imports (USD mn) 3,708.7 Jan 2024 monthly Jan 1975 - Jan 2024
Total Imports Growth (%) 0.7 Mar 2023 monthly Jan 1976 - Mar 2023
Imports: Medicament (USD th) 394,025.071 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 155,778.457 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 30.656 Dec 2023 monthly Oct 1986 - Dec 2023
Total Imports from USA (USD mn) 55.451 Dec 2023 monthly Jan 1981 - Dec 2023
Total Exports to China (USD mn) 47.074 Jun 2017 monthly Nov 2009 - Jun 2017
Total Imports from China (USD mn) 322.497 Jan 2024 monthly Jun 1984 - Jan 2024
Exports: Non Oil: India (OMR mn) 77.000 Dec 2023 monthly Jan 2006 - Dec 2023
Exports: Crude Oil: India (Barrel th) 0.000 Feb 2024 monthly Nov 2010 - Feb 2024
Exports: Crude Oil: Japan (Barrel th) 0.000 Feb 2024 monthly Feb 2006 - Feb 2024
Exports: Crude Oil (Barrel th) 26,229.100 Feb 2024 monthly Feb 2006 - Feb 2024
Exports: Crude Oil: China (Barrel th) 26,229.100 Feb 2024 monthly Feb 2006 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 944.1 2022 yearly 2001 - 2022
Current Account Balance (USD mn) 5,752.9 2022 yearly 1974 - 2022
Current Account Balance: % of GDP (%) -4.9 2021 yearly 1980 - 2021
Foreign Direct Investment (USD mn) 5,479.8 2022 yearly 1970 - 2022
Foreign Direct Investment: % of GDP (%) 4.9 2022 yearly 1970 - 2022
Foreign Portfolio Investment (USD mn) -2,101.430 2022 yearly 1996 - 2022
Foreign Portfolio Investment: % of GDP (%) -1.8 2022 yearly 1996 - 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 287.9 2022 yearly 1974 - 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 4,338.882 2021 yearly 1974 - 2021
Forecast: Current Account Balance (USD bn) 1.957 2028 yearly 1980 - 2028
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
Foreign Direct Investment: United Kingdom (OMR mn) 10,150.500 2022 yearly 2005 - 2022
Foreign Direct Investment: Kuwait (OMR mn) 927.500 2022 yearly 2005 - 2022
Foreign Direct Investment: India (OMR mn) 255.200 2022 yearly 2005 - 2022
Foreign Direct Investment: United States of America (OMR mn) 2,734.500 2022 yearly 2005 - 2022
Foreign Direct Investment: United Arab Emirates (OMR mn) 1,083.400 2022 yearly 2005 - 2022
Foreign Direct Investment: Oil and Gas (OMR mn) 14,157.700 2022 yearly 2005 - 2022
Foreign Direct Investment: Manufacturing (OMR mn) 1,549.100 2022 yearly 2005 - 2022
Foreign Direct Investment: Financial Intermediation (OMR mn) 1,481.700 2022 yearly 2005 - 2022
Foreign Direct Investment: Construction (OMR mn) 154.400 2022 yearly 2005 - 2022
Foreign Direct Investment: Real Estate, Renting and Business Activities (OMR mn) 1,037.700 2022 yearly 2005 - 2022
No of Registered Enterprises (Unit) 338,094.000 2021 yearly 1999 - 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 Dec 2023 quarterly Jun 2008 - Dec 2023
Non-Performing Loans (USD mn) 492.068 Sep 2023 quarterly Mar 2008 - Sep 2023
Money Supply M1 (USD mn) 15,840.312 Jan 2024 monthly Jan 1999 - Jan 2024
Money Supply M2 (USD mn) 60,795.319 Jan 2024 monthly Jan 1999 - Jan 2024
M2 Growth (%) 14.0 Jan 2024 monthly Jan 2000 - Jan 2024
Reserve Requirement Ratio (%) 5.0 Dec 2023 monthly Jun 2006 - Dec 2023
Foreign Exchange Reserves (USD mn) 16,138.4 Jan 2024 monthly Apr 1970 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 13.962 Jun 2023 quarterly Dec 2005 - Jun 2023
Foreign Exchange Reserves: Months of Import (NA) 4.4 Jan 2024 monthly Jan 1975 - Jan 2024
Gold Reserves (USD mn) 239.792 Jan 2024 monthly Dec 1969 - Jan 2024
Total Deposits (USD mn) 62,725.659 Jan 2024 monthly Jan 2000 - Jan 2024
Total Deposits Growth (%) 12.3 Jan 2024 monthly Jan 2001 - Jan 2024
Domestic Credit (USD mn) 67,496.7 Jan 2024 monthly Dec 1999 - Jan 2024
Domestic Credit Growth (%) 2.9 Jan 2024 monthly Dec 2000 - Jan 2024
Total Loans (USD mn) 63,244.213 Jan 2024 monthly Dec 1998 - Jan 2024
Total Loans Growth (%) 1.80 Jan 2024 monthly Dec 1999 - Jan 2024
Private Debt: % of Nominal GDP (%) 48.03 Sep 2023 quarterly Dec 2005 - Sep 2023

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