Military expenditure in Oman

Oman: Military expenditure was 5.99 billion current USD in 2024. ◆ Volatile

Latest (2024)
5.99 billion current USD
Change on year
up 2.3%
World rank
42nd
of 167 countries
All-time high
9.25 billion current USD
in 2012
All-time low
29.07 million current USD
in 1971
Years of data
54
1971–2024

Military expenditure in Oman, 1971–2024

02.0B4.0B6.0B8.0B10.0B197119972024

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.

Analysis

The most recent figure for military expenditure in Oman is 5.99 billion current USD, measured in 2024.

Compared with earlier readings it is up 2.3% on the previous year and down 27.1% over ten years.

Over the whole period, military expenditure in Oman peaked at 9.25 billion current USD in 2012 and was at its lowest, 29.07 million current USD, in 1971.

Oman ranks 42nd of 167 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 357.19 million current USD 29.07 million current USD 589.10 million current USD 9
1980s 1.27 billion current USD 883.76 million current USD 1.62 billion current USD 10
1990s 1.43 billion current USD 1.25 billion current USD 1.52 billion current USD 10
2000s 2.53 billion current USD 1.58 billion current USD 3.46 billion current USD 10
2010s 7.13 billion current USD 3.67 billion current USD 9.25 billion current USD 10
2020s 5.90 billion current USD 5.78 billion current USD 6.10 billion current USD 5

Countries ranked near Oman

  1. 39 Czechia 6.52 billion current USD compare
  2. 40 Iraq 6.18 billion current USD compare
  3. 41 Philippines 6.12 billion current USD compare
  4. 43 Thailand 5.52 billion current USD compare
  5. 44 Morocco 5.52 billion current USD compare
  6. 45 Vietnam 5.50 billion current USD compare

See the full ranking of 211 places →

More public sector data for Oman

All data for Oman →

Frequently asked questions

What is military expenditure in Oman?
Military expenditure in Oman was 5.99 billion current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Oman?
The highest recorded value was 9.25 billion current USD in 2012.
What is the lowest military expenditure recorded in Oman?
The lowest recorded value was 29.07 million current USD in 1971.
How does Oman rank for military expenditure?
Oman ranks 42nd out of 167 countries with data for 2024.
Is military expenditure rising or falling in Oman?
Over the last ten years it is down 27.1%. The long-run trend across the full record is volatile.
Where does this Oman data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)