Oman Government Budget ValueMay 2022 Data - 1980-2021 Historical - June Forecast

Name: Oman Government Budget Value
Creator: TRADING ECONOMICS
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Keywords: Oman,Government Budget Value,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Oman recorded a government budget surplus of 145.60 OMR Million in March of 2022. source: National Centre for Statistic & Information, Oman

Government Budget Value in Oman averaged 3152.76 OMR Million from 1980 until 2022, 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 June of 2022.

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 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Budget Value	112.20	145.60	OMR Million	Apr 2022
Government Revenues	1193.00	1108.10	OMR Million	Apr 2022
Fiscal Expenditure	1081.00	962.60	OMR Million	Apr 2022

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.