Oman recorded a government budget surplus of 112.10 OMR Million in September of 2021. source: National Centre for Statistic & Information, Oman

Government Budget Value in Oman averaged 3225.04 OMR Million from 1980 until 2021, reaching an all time high of 16379 OMR Million in February of 2001 and a record low of -3373.20 OMR Million in December of 2012. This page provides - Oman Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Government Budget Value - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Government Budget Value in Oman is expected to be -300.00 OMR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Government Budget Value is projected to trend around -100.00 OMR Million in 2022, according to our econometric models.

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Oman Government Budget Value

Calendar GMT Actual Previous Consensus TEForecast
2021-12-03 03:00 PM Sep OMR20.1M OMR154.1M
2021-12-06 10:15 AM Oct OMR-25.1M OMR 20.1M

Related Last Previous Unit Reference
Government Budget Value -25.10 20.10 OMR Million Oct/21
Government Revenues 1035.00 1116.50 OMR Million Sep/21
Fiscal Expenditure 922.90 962.40 OMR Million Sep/21
Oman Government Budget Value
The government budget balance is the difference between government revenues and expenses (minus 100 OMR million considered as expenditures under settlement). The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.