Fiscal Balance in Oman
The fiscal balance averaged -7.2% of GDP in the decade to 2023, below the Middle East & North Africa average of -3.2% of GDP. The fiscal balance in Oman in 2023 was 2.3% of GDP. For more information on fiscal balance, visit our dedicated page.
Oman Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Oman from 2013 to 2023.
Source: Macrobond.
Oman Fiscal Balance Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -17.2 | -3.6 | 2.8 | 2.3 | 1.2 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Omani fiscal balance projections for the next ten years from a panel of 10 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Omani fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Omani fiscal balance projections.
Want to get access to the full dataset of Omani fiscal balance forecasts? Send an email to info@focus-economics.com.