Oman recorded a Government Debt to GDP of 35.50 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Oman averaged 24.75 percent of GDP from 1990 until 2024, 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 34.00 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 Debt to GDP is projected to trend around 32.00 percent of GDP in 2026 and 30.00 percent of GDP in 2027, according to our econometric models.