16, Dec 2019, EST.

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Country or Region: Oman › Change country
Economic Indicator: General government total expenditure (% of GDP) › See all Oman indicators, › See General government total expenditure (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Omani Rial
Currency Symbol: OMR

Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. See notes for: General government total expenditure (National currency).

General government total expenditure (% of GDP) for Oman in year 2015 is 59.733 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

This makes Oman No. 6 in world rankings according to General government total expenditure (% of GDP) in year 2015. The world's average General government total expenditure (% of GDP) value is 33.88 %; Oman is 25.85 more than the average.

In the previous year, 2014, General government total expenditure (% of GDP) for Oman was 48.80 % General government total expenditure (% of GDP) for Oman in 2015 was or will be 22.39% more than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (% of GDP) for Oman was or will be 60.18 %, which is 0.76% more than the 2015 figure.