Oman Government Spending2022 Data - 2023 Forecast - 1998-2021 Historical - Chart

Name: Oman Government Spending
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Oman,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Government Spending in Oman increased to 6700.30 OMR Million in 2020 from 5825.40 OMR Million in 2019. source: Ministry of National Economy, Oman

Government Spending in Oman averaged 4154.32 OMR Million from 1998 until 2020, reaching an all time high of 6714.50 OMR Million in 2015 and a record low of 2094 OMR Million in 1999. This page provides - Oman Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Government Spending - values, historical data and charts - was last updated on July of 2022.

Government Spending in Oman is expected to reach 7102.00 OMR Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Government Spending is projected to trend around 7386.00 OMR Million in 2023 and 7682.00 OMR Million in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Spending	6700.30	5825.40	OMR Million	Dec 2020

Oman Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.