Commercial users: see the World Economic Database from our partners at Anansi Data Analytics

Oman: Government deficit (% of GDP)

Percent of GDP · 1990–2024 · 35 observations · forecasts to 2031 · govdef_GDP

2024
3.22%percent of GDP
Change on 2023
−3.5 pointsfrom 6.72%
Average, 2015–2024
−5.80%10 years
Record high and low
14.7% (2008)low −19.0% (2016)

Government deficit (% of GDP)

Report error
-20%-15%-10%-5%0%5%10%15%19902000201020202030OmanOman
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
20314.62Forecast
20304.74Forecast
20294.54Forecast
20284.66Forecast
20274.30Forecast
20265.24Forecast
20251.04Forecast
20243.22
20236.72
202210.3
2021-2.23
2020-15.8
2019-6.08
2018-5.88
2017-11.7
2016-19.0
2015-17.5

Sources

This series is derived from other GMD variables.

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms