Key information about Oman Government Debt: % of GDP

• Oman Government debt accounted for 37.5 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 41.7 % in the previous year.
• Oman government debt to GDP ratio data is updated yearly, available from Dec 1990 to Dec 2023.
• The data reached an all-time high of 64.3 % in Dec 2020 and a record low of 3.6 % in Dec 2008.

CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and annual Nominal GDP. The Central Bank of Oman provides Government Debt in local currency. The National Centre for Statistics and Information provides Nominal GDP in local currency based on SNA 2008. Government Debt covers Central Government only. Government Debt as % of Nominal GDP prior to 2001 is sourced from World Bank.


Related information about Oman Government Debt: % of GDP

• In the latest reports, Oman National Government Debt reached 39.7 USD bn in Dec 2023.
• The country's Nominal GDP reached 27.1 USD bn in Mar 2023.

Government Debt in Oman decreased to 15263.50 OMR Million in 2023 from 17601.60 OMR Million in 2022. This dataset provides - Oman Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The national debt of Oman was estimated at about ************* U.S. dollars in 2024. From 1990 to 2024, the national debt rose by approximately ************* U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the national debt will rise by around ************ U.S. dollars, showing an overall upward trend with periodic ups and downs.

Oman recorded a Government Debt to GDP of 36.50 percent of the country's Gross Domestic Product in 2023. This dataset provides - Oman Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Oman National Government Debt

• Oman National Government Debt reached 39.7 USD bn in Dec 2023, compared with 45.8 USD bn in the previous year.
• Oman National Government Debt data is updated yearly, available from Dec 1990 to Dec 2023.
• 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 36.5 % of its Nominal GDP in Dec 2023.
• Oman Nominal GDP reached 27.1 USD bn in Mar 2023.

The ratio of national debt to gross domestic product (GDP) of Oman was estimated at approximately 35.52 percent in 2024. Between 1990 and 2024, the ratio rose by around 17.74 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is expected to drop by about 6.05 percentage points between 2024 and 2030, showing a continuous downward movement throughout the period.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Graph and download economic data for Total Government Debt for General Government for Oman (OMNGGDGDPGDPPT) from 2000 to 2025 about Oman, REO, debt, and government.

Graph and download economic data for Total External Debt for Oman (OMNDGDPGDPPT) from 2000 to 2025 about Oman, external, REO, and debt.

Key information about Oman Private Debt: % of Nominal GDP

• Oman Private Debt accounted for 103.20 % of its Nominal GDP in Sep 2024, compared with a ratio of 50.23 % in the previous quarter
• Oman Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 2005 to Sep 2024, with an average share of 47.43 %
• The data reached an all-time high of 103.20 % in Sep 2024 and a record low of 30.13 % in Jun 2006

CEIC calculates quarterly Private Debt as % of Nominal GDP from quarterly Private Debt and quarterly Nominal GDP. Private Debt is calculated as the sum of Loans to Private Sector in OMR and Foreign Currency. The Central Bank of Oman provides Private Debt in local currency. The National Centre for Statistics and Information provides year-to-date Nominal GDP in local currency based on SNA 2008. Private Debt includes Financial Sector. Private Debt as % of Nominal GDP prior to Q4 2010 is calculated from Nominal GDP based on SNA 1993.

Historical dataset showing Oman debt to gdp ratio by year from N/A to N/A.

Graph and download economic data for General Government Net Debt for Oman (OMNGGNDGDPGDPPT) from 2000 to 2023 about Oman, REO, debt, Net, and government.

Oman OM: Central Government Debt: Total: % of GDP data was reported at 4.898 % in 2013. This records an increase from the previous number of 4.614 % for 2012. Oman OM: Central Government Debt: Total: % of GDP data is updated yearly, averaging 15.687 % from Dec 1990 (Median) to 2013, with 21 observations. The data reached an all-time high of 30.212 % in 1992 and a record low of 4.120 % in 2008. Oman OM: Central Government Debt: Total: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Oman – Table OM.World Bank.WDI: Government Revenue, Expenditure and Finance. Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;

Government Debt data was reported at 15,263.500 OMR mn in 2023. This records a decrease from the previous number of 17,601.600 OMR mn for 2022. Government Debt data is updated yearly, averaging 1,486.500 OMR mn from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 20,473.700 OMR mn in 2021 and a record low of 964.800 OMR mn in 2008. Government Debt data remains active status in CEIC and is reported by Central Bank of Oman. The data is categorized under Global Database’s Oman – Table OM.F006: Government Debt.

International debt securities, short term in Oman was reported at 5246000000 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Oman - International debt securities, short term - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Historical dataset showing Oman external debt by year from N/A to N/A.

The ratio of national debt to gross domestic product (GDP) of Oman was estimated at approximately 35.52 percent in 2024. Between 1990 and 2024, the ratio rose by around 17.74 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is expected to drop by about 6.05 percentage points between 2024 and 2030, showing a continuous downward movement throughout the period.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Debt securities held by nonresidents in Oman was reported at 14549608570 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Oman - Debt securities held by nonresidents - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Graph and download economic data for Central government debt, total (% of GDP) for Oman (DEBTTLOMA188A) from 1990 to 2013 about Oman, debt, government, and GDP.

Oman: Short-term debt, percent of total external debt: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Oman from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

The national debt of Oman was estimated at about 37.98 billion U.S. dollars in 2024. From 1990 to 2024, the national debt rose by approximately 35.60 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the national debt will rise by around 1.26 billion U.S. dollars, showing an overall upward trend with periodic ups and downs.