Oman: Government spending, percent of GDP
* indicates monthly or quarterly data series
| Oman |
Government spending as percent of GDP |
|---|---|
| Latest value | 22.14 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1967 - 2021 |
| Average | 23.21 |
| Min - Max | 4.38 - 37.19 |
| Source | The World Bank |
The latest value from 2021 is 22.14 percent, a decline from 26.07 percent in 2020. In comparison, the world average is 16.95 percent, based on data from 163 countries. Historically, the average for Oman from 1967 to 2021 is 23.21 percent. The minimum value, 4.38 percent, was reached in 1967 while the maximum of 37.19 percent was recorded in 1973.
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The government size of Oman and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 22.14 | 2021 | percent |
| Government spending, in dollars | 20.03 | 2022 | billion U.S. dollars |
| Fiscal balance, percent of GDP | 2.20 | 2023 | percent |
| Government debt | 36.50 | 2023 | percent |
| Commercial tax rate | 27.40 | 2019 | percent |
| Tax preparation time | 68 | 2019 | hours |
| Number of taxes | 15 | 2019 | taxes |
| Foreign aid | -21.61 | 2010 | million U.S. dollars |