Oman Government Debt to GDP

Oman recorded a government debt equivalent to 39.90 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Oman averaged 19.03 percent from 1990 until 2017, reaching an all time high of 39.90 percent in 2017 and a record low of 4.10 percent in 2008.

Government Debt to GDP in Oman is expected to be 45.00 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 38.00 percent in 2020, according to our econometric models.

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Oman Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	39.90	31.10	39.90	4.10	percent	[+]
Government Budget	-13.50	-20.60	2.60	-20.60	percent of GDP	[+]
Government Budget Value	-194.70	165.10	16379.00	-3373.20	OMR Million	[+]
Government Spending	5571.60	6124.80	6714.50	2094.00	OMR Million	[+]
Government Revenues	992.90	940.40	1638.80	14.80	OMR Million	[+]
Government Debt	11150.60	132.00	11150.60	132.00	OMR Million	[+]
Fiscal Expenditure	810.30	1009.80	4227.00	181.90	OMR Million	[+]
Military Expenditure	8417.20	10581.30	12761.70	464.30	USD Million	[+]
Credit Rating	77.50					[+]

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. This page provides - Oman Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on February of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	39.90	31.10	39.90	4.10	1990 - 2017	percent	Yearly

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	131.80	Dec/17	132	132 : 90.5	%
Singapore	110.60	Dec/17	112	112 : 67.4	%
United States	105.40	Dec/17	106	119 : 31.7	%
Spain	98.30	Dec/17	99	100 : 16.6	%
France	97.00	Dec/17	96.6	97 : 20.7	%
Canada	89.60	Dec/17	92.4	101 : 45.1	%
Euro Area	86.70	Dec/17	89	91.9 : 64.9	%
United Kingdom	85.30	Dec/17	82.6	85.3 : 21.7	%
Brazil	74.04	Dec/17	69.95	74.04 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	63.90	Dec/17	67.9	81 : 54.7	%
Argentina	57.10	Dec/17	53.3	167 : 34.5	%
Netherlands	56.70	Dec/17	61.8	73.5 : 42.7	%
South Africa	53.10	Dec/17	51.6	53.1 : 27.8	%
China	47.60	Dec/17	44.3	47.6 : 20.4	%
Mexico	46.40	Dec/17	48.2	48.2 : 17.1	%
Australia	41.90	Dec/17	41	41.9 : 9.7	%
South Korea	38.00	Dec/17	38.3	38.3 : 8.24	%
Switzerland	29.70	Dec/17	29.1	48.9 : 25.1	%
Indonesia	28.70	Dec/17	27.9	87.43 : 22.96	%
Turkey	28.30	Dec/17	28.3	76.1 : 27.6	%
Saudi Arabia	17.20	Dec/17	13.1	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%