Budget balance — all countries

Budget balance — Oman

Budget balance in Oman in 2031 — 4.6%. Ranked 5 in the world out of 188. Since 1990, the indicator has fallen by 0.2 pp.

2031 4.6% −0.1 pp vs 2030
World rank 5of 188
Period maximum 14.7%2008
Period minimum -19.6%2016

Trend over time

1990–2031 · % of GDP

Budget balance — Oman, 1990–2031-20-10010201990199520002005201020152020202520301990: 4.8%1991: 0.1%1992: -4.9%1993: -6.8%1994: -7.5%1995: -3.9%1996: 2.2%1997: 4.8%1998: -4.4%1999: 0.3%2000: 12.2%2001: 7.5%2002: 5.3%2003: 5.9%2004: 5.4%2005: 11.2%2006: 12.2%2007: 10.5%2008: 14.7%2009: -0.3%2010: 4.9%2011: 8.2%2012: 4.1%2013: 2.8%2014: -1.6%2015: -13.5%2016: -19.6%2017: -10.5%2018: -6.7%2019: -4.8%2020: -15.7%2021: -3.2%2022: 10.3%2023: 6.7%2024: 3.2%2025: 1%2026: 5.2%2027: 4.3%2028: 4.7%2029: 4.5%2030: 4.7%2031: 4.6%
Change over the period: −0.2 pp Annual average: 0 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Oman

Oman 4.6%
World computed -4.85%
Middle East & North Africa computed -1.74%
Western Asia computed -1.19%
High-income countries computed -4.26%
Budget balance — Oman, by year Oman All countries CSV XLSX
Year % Change, pp
2031 4.6 −0.1 pp
2030 4.7 +0.2 pp
2029 4.5 −0.2 pp
2028 4.7 +0.4 pp
2027 4.3 −0.9 pp
2026 5.2 +4.2 pp
2025 1 −2.2 pp
2024 3.2 −3.5 pp
2023 6.7 −3.6 pp
2022 10.3 +13.5 pp
2021 -3.2 +12.5 pp
2020 -15.7 −10.9 pp
2019 -4.8 +1.9 pp
2018 -6.7 +3.8 pp
2017 -10.5 +9.1 pp
2016 -19.6 −6.1 pp
2015 -13.5 −11.9 pp
2014 -1.6 −4.4 pp
2013 2.8 −1.3 pp
2012 4.1 −4.1 pp
2011 8.2 +3.3 pp
2010 4.9 +5.2 pp
2009 -0.3 −15 pp
2008 14.7 +4.2 pp
2007 10.5 −1.7 pp
2006 12.2 +1 pp
2005 11.2 +5.8 pp
2004 5.4 −0.5 pp
2003 5.9 +0.6 pp
2002 5.3 −2.2 pp
2001 7.5 −4.7 pp
2000 12.2 +11.9 pp
1999 0.3 +4.7 pp
1998 -4.4 −9.2 pp
1997 4.8 +2.6 pp
1996 2.2 +6.1 pp
1995 -3.9 +3.6 pp
1994 -7.5 −0.7 pp
1993 -6.8 −1.9 pp
1992 -4.9 −5 pp
1991 0.1 −4.7 pp
1990 4.8

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.