Oman Government Debt To GDP

Oman recorded a Government Debt to GDP of 4.50 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Oman is reported by the Central Bank of Oman. From 1990 until 2012, Oman Government Debt To GDP averaged 19.1 Percent reaching an all time high of 38.6 Percent in December of 1998 and a record low of 4.1 Percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Oman Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.50 4.60 38.57 4.10 4.23 | 2013/12 1990 - 2012 Percent Yearly

TO

Oman Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Budget Value 144.00 2014-02-15 269.70 16379.00 -3373.20 157.97 2014-03-31 OMR Million [+]
Government Spending 3298.80 2011-06-30 3071.50 3298.80 1522.00 3316.33 2011-12-31 OMR Million [+]
Government Debt To GDP 4.50 2012-12-31 4.60 38.57 4.10 4.23 2013-12-31 Percent [+]
Government Budget 1.70 2012-12-31 -0.40 2.60 -3.70 1.05 2013-12-31 Percent of GDP [+]
Credit Rating 77.50 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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Oman Changes in Inventories at -832.10 OMR Million  
Changes in Inventories in Oman decreased to -832.10 OMR Million in 2011 from -825.30 OMR Million in 2010. Changes in Inventories in Oman is reported by the Ministry of National Economy, Oman.
Oman Consumer Price Index (CPI) at 101.30 Index Points  
Consumer Price Index (CPI) in Oman decreased to 101.30 Index Points in February of 2014 from 101.90 Index Points in January of 2014. Consumer Price Index (CPI) in Oman is reported by the Ministry of National Economy, Oman.
Oman Crude Oil Production at 945.00 Thousands Barrels per Day  
Crude Oil Production in Oman decreased to 945 Thousands Barrels per Day in December of 2013 from 950 Thousands Barrels per Day in November of 2013. Crude Oil Production in Oman is reported by the U.S. Energy Information Administration.
Oman Foreign Exchange Reserves at 6993.30 OMR Million  
Foreign Exchange Reserves in Oman increased to 6993.30 OMR Million in March of 2014 from 6564.30 OMR Million in February of 2014. Foreign Exchange Reserves in Oman is reported by the Central Bank of Oman.
Oman GDP Current Prices at 29797.70 OMR Million  
GDP Constant Prices in Oman increased to 29797.70 OMR Million in 2012 from 26904.20 OMR Million in 2011. GDP Constant Prices in Oman is reported by the Ministry Of National Economy, Oman.
Oman Government Budget Value at 144.00 OMR Million  
Oman recorded a government budget surplus of 144 OMR Million in February of 2014. Government Budget Value in Oman is reported by the Ministry Of National Economy, Oman.
Oman Government Spending at 3298.80 OMR Million  
Government Spending in Oman increased to 3298.80 OMR Million in 2011 from 3071.50 OMR Million in 2010. Government Spending in Oman is reported by the Ministry of National Economy, Oman.
Oman Gross Fixed Capital Formation at 4941.20 OMR Million  
Gross Fixed Capital Formation in Oman increased to 4941.20 OMR Million in 2011 from 4579.20 OMR Million in 2010. Gross Fixed Capital Formation in Oman is reported by the Ministry Of National Economy, Oman.
Oman Current Account at 3131.00 OMR Million  
Oman recorded a Current Account surplus of 3131 OMR Million in 2012. Current Account in Oman is reported by the Central Bank of Oman.
Oman Exports at 1851.60 OMR Million  
Exports in Oman increased to 1851.60 OMR Million in December of 2013 from 1838 OMR Million in November of 2013. Exports in Oman is reported by the National Center for Statistics & Information - Oman.
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