
Oman: Government spending, in dollars
* indicates monthly or quarterly data series
| Oman |
Government spending, billion USD |
|---|---|
| Latest value | 20.07 |
| Year | 2024 |
| Measure | billion U.S. dollars |
| Data availability | 1967 - 2024 |
| Average | 6.87 |
| Min - Max | 0.00 - 20.35 |
| Source | The World Bank |
The latest value from 2024 is 20.07 billion U.S. dollars, an increase from 20.01 billion U.S. dollars in 2023. In comparison, the world average is 110.57 billion U.S. dollars, based on data from 164 countries. Historically, the average for Oman from 1967 to 2024 is 6.87 billion U.S. dollars. The minimum value, 0 billion U.S. dollars, was reached in 1967 while the maximum of 20.35 billion U.S. dollars was recorded in 2019.
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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. Data are in current U.S. dollars.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 18.73 | 2024 | percent |
| Government spending, in dollars | 20.07 | 2024 | billion U.S. dollars |
| Fiscal balance, percent of GDP | 3.31 | 2024 | percent |
| Primary budget balance | 3.63 | 2024 | percent |
| Commercial tax rate | 27.40 | 2019 | percent |
| Tax preparation time | 68 | 2019 | hours |
| Foreign aid | 7.09 | 2010 | million U.S. dollars |
| Government debt | 35.51 | 2024 | percent |
| Sovereign debt average maturity | 5.63 | 2024 | percent |
| Short-term government debt | 5.79 | 2024 | percent |