Oman recorded a Government Debt to GDP of 35.80 percent in 2025, according to estimates. Government Debt to GDP in Oman averaged 25.06 percent of GDP from 1990 until 2025, reaching an all time high of 64.30 percent of GDP in 2020 and a record low of 4.10 percent of GDP in 2008. source: Central Bank of Oman

Government Debt to GDP in Oman is expected to reach 36.00 percent of GDP by the end of 2026, 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 37.50 percent of GDP in 2027 and 38.00 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 53.00 May 2026
Fiscal Expenditure 970.00 1166.00 OMR Million Nov 2025
Government Budget 1.00 1.30 percent of GDP Dec 2025
Budget Balance -16.00 -2.00 OMR Million Nov 2025
Government Debt 14603.00 15263.50 OMR Million Dec 2024
Government Debt to GDP 35.80 35.50 percent of GDP Dec 2025
Government Revenues 955.00 1165.00 OMR Million Nov 2025
Government Spending 7531.60 7387.00 OMR Million Dec 2024
Holidays
Military Expenditure 5988.30 5988.30 USD Million Dec 2025


Oman Government Debt to GDP
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.
Actual Previous Highest Lowest Dates Unit Frequency
35.80 35.50 64.30 4.10 1990 - 2025 percent of GDP Yearly