Oman recorded a Government Budget surplus equal to 1.30 percent of the country's Gross Domestic Product in 2024. Government Budget in Oman averaged -3.62 percent of GDP from 2003 until 2024, reaching an all time high of 2.70 percent of GDP in 2022 and a record low of -21.10 percent of GDP in 2016. source: Central Bank of Oman
Government Budget in Oman is expected to reach 1.80 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Government Budget is projected to trend around 1.10 percent of GDP in 2026, according to our econometric models.