Oman recorded a government debt equivalent to 47.50 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Oman averaged 20.02 percent from 1990 until 2018, reaching an all time high of 47.50 percent in 2018 and a record low of 4.10 percent in 2008.

Government Debt to GDP in Oman is expected to be 59.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Government Debt to GDP is projected to trend around 63.00 percent in 2020, according to our econometric models.

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Oman Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
47.50 39.90 47.50 4.10 1990 - 2018 percent Yearly

Oman Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.

Oman Government Last Previous Highest Lowest Unit
Government Debt to GDP 47.50 39.90 47.50 4.10 percent [+]
Government Budget -9.00 -13.50 2.60 -20.60 percent [+]
Government Budget Value 351.90 -384.80 16379.00 -3373.20 OMR Million [+]
Government Spending 5649.00 5571.60 6714.50 2094.00 OMR Million [+]
Government Revenues 861.20 652.60 1638.80 14.80 OMR Million [+]
Government Debt 14491.60 11150.60 14491.60 132.00 OMR Million [+]
Fiscal Expenditure 828.50 1037.40 4227.00 181.90 OMR Million [+]
Military Expenditure 6611.00 6803.00 9706.00 353.00 USD Million [+]
Credit Rating 48.00 [+]