Saudi Arabia vs Oman
Two sovereigns, nine shared metrics, one spread gap.
Head to head
| Saudi Arabia | Oman | |
|---|---|---|
| BT-SFS score | 77.5 | 80.0 |
| Composite rating | A+ | BBB− |
| Fiscal pillar | 66.5 | 92.8 |
| External pillar | 74.0 | 58.0 |
| Macro pillar | 83.4 | 81.6 |
| Institutions pillar | 89.6 | 85.4 |
| Benchmark bond | KSA 2.75 32 | OMAN 7.375 32 |
| Spread over Treasuries | 75 bps | 79 bps |
| Yield to worst | 4.90% | 4.94% |
| Duration | 5.0y | 5.1y |
Metric by metric
| Metric | Saudi Arabia | Oman |
|---|---|---|
| Current account / GDP | -1.6% (39.6) | 7.5% (93.8) |
| International reserves, months of imports | 15.1 mo (100.0) | 3.7 mo (31.1) |
| General government debt / GDP | 32.1% (85.4) | 32.7% (81.3) |
| Interest expense / revenue | 1.9% (93.8) | 0.5% (100.0) |
| Primary balance / GDP | -3.0% (12.5) | 5.4% (97.9) |
| WGI institutional composite | 0.58 (89.6) | 0.51 (85.4) |
| Real GDP growth | 3.1% (46.9) | 3.5% (57.3) |
| GDP per capita, USD | $37,811 (97.9) | $21,645 (81.3) |
| Inflation stress | 2.3% (100.0) | 1.7% (100.0) |
Frequently asked questions
Who has stronger fundamentals, Saudi Arabia or Oman?
Oman scores higher on the BT Sovereign Fundamentals Score: 77.5 (Saudi Arabia) vs 80.0 (Oman), a gap of 2.5 points.
Whose USD bonds trade wider, Saudi Arabia or Oman?
Oman trades wider: 75 bps (Saudi Arabia) vs 79 bps (Oman) over US Treasuries — a 4 bps gap on near-5-year USD benchmarks.
Related
- Saudi Arabia — full Saudi Arabia profile: pillars, metrics, history.
- Oman — full Oman profile: pillars, metrics, history.
- All sovereigns ranked on the Sovereign Signal hub.
- BT-SFS methodology paper — how the scores are built.