Oman—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #4 of 192Updated August 2026
Latest Value
4.6%
2031
YoY Change
-2.1%
2030 → 2031
Global Rank
#4
of 192 countries
Maximum
14.7%
2008
Minimum
-19.6%
2016
CAGR
-3.1%
32 years
Last
4.6%
Previous
4.7%
Highest
14.7%
Lowest
-19.6%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Oman's fiscal balance (% of GDP) was 5.2% in 2026, ranking #4 out of 192 countries. This represents a -2.1% change from 2030. Over the past 27 years, the highest recorded value was 14.7% (2008) and the lowest was -19.6% (2016). The IMF WEO projects 4.6% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | 4.6% | -2.1% |
| 2030 | 4.7% | +4.4% |
| 2029 | 4.5% | -4.3% |
| 2028 | 4.7% | +9.3% |
| 2027 | 4.3% | -17.3% |
| 2026 | 5.2% | +420.0% |
| 2025 | 1.0% | -68.8% |
| 2024 | 3.2% | -52.2% |
| 2023 | 6.7% | -35.0% |
| 2022 | 10.3% | +421.9% |
| 2021 | -3.2% | +79.6% |
| 2020 | -15.7% | -227.1% |
| 2019 | -4.8% | +28.4% |
| 2018 | -6.7% | +36.2% |
| 2017 | -10.5% | +46.4% |
| 2016 | -19.6% | -45.2% |
| 2015 | -13.5% | -743.8% |
| 2014 | -1.6% | -157.1% |
| 2013 | 2.8% | -31.7% |
| 2012 | 4.1% | -50.0% |
| 2011 | 8.2% | +67.3% |
| 2010 | 4.9% | +1733.3% |
| 2009 | -0.3% | -102.0% |
| 2008 | 14.7% | +40.0% |
| 2007 | 10.5% | -13.9% |
| 2006 | 12.2% | +8.9% |
| 2005 | 11.2% | +107.4% |
| 2004 | 5.4% | -8.5% |
| 2003 | 5.9% | +11.3% |
| 2002 | 5.3% | -29.3% |
| 2001 | 7.5% | -38.5% |
| 2000 | 12.2% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | 5.2% | +420.0% |
| 2027Forecast | 4.3% | -17.3% |
| 2028Forecast | 4.7% | +9.3% |
| 2029Forecast | 4.5% | -4.3% |
| 2030Forecast | 4.7% | +4.4% |
| 2031Forecast | 4.6% | -2.1% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Lesotho | 4.2% | 2026 |
| 7 | Macao SAR, China | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP