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. 2014-04-16

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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Crude Oil Production in Oman decreased to 953 Thousands Barrels per Day in October of 2013 from 958 Thousands Barrels per Day in September of 2013. Crude Oil Production in Oman is reported by the U.S. Energy Information Administration.
Oman Government Budget Value at 144.00 OMR Million  
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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.
Oman Imports at 1178.00 OMR Million  
Imports in Oman increased to 1178 OMR Million in December of 2013 from 1021.70 OMR Million in November of 2013. Imports in Oman is reported by the National Center for Statistics & Information - Oman.
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.
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