Fiscal Expenditure in Oman increased to 1053.50 OMR Million in April from 942.80 OMR Million in March of 2020.

Fiscal Expenditure in Oman averaged 807.19 OMR Million from 2003 until 2020, reaching an all time high of 4227 OMR Million in December of 2013 and a record low of 181.90 OMR Million in January of 2006. This page provides - Oman Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Fiscal Expenditure - values, historical data and charts - was last updated on August of 2020.

Fiscal Expenditure in Oman is expected to be 1043.87 OMR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Oman to stand at 1044.15 in 12 months time. In the long-term, the Oman Fiscal Expenditure is projected to trend around 1044.14 OMR Million in 2021, according to our econometric models.

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Oman Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
1053.50 942.80 4227.00 181.90 2003 - 2020 OMR Million Monthly
Current Prices, NSA

Oman Government Last Previous Highest Lowest Unit
Government Debt to GDP 47.50 41.00 47.50 4.10 percent [+]
Government Budget -7.00 -9.00 2.60 -20.60 percent of GDP [+]
Government Budget Value 189.30 289.80 16379.00 -3373.20 OMR Million [+]
Government Spending 5825.40 5649.00 6714.50 2094.00 OMR Million [+]
Government Revenues 1242.80 1222.50 1638.80 14.80 OMR Million [+]
Government Debt 14491.60 11150.60 14491.60 132.00 OMR Million [+]
Fiscal Expenditure 1053.50 942.80 4227.00 181.90 OMR Million [+]
Military Expenditure 6611.00 6803.00 9706.00 353.00 USD Million [+]
Credit Rating 43.00 [+]


Oman Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.