Military spending in Oman

Oman: Military spending was 7.65 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
7.65 billion constant 2022 US$
Change on year
up 4.4%
World rank
38th
of 172 countries
All-time high
10.36 billion constant 2022 US$
in 2015
All-time low
421.86 million constant 2022 US$
in 1971
Years of data
53
1971–2023

Military spending in Oman, 1971–2023

02.0B4.0B6.0B8.0B10.0B197119972023

Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2023, military spending in Oman stood at 7.65 billion constant 2022 US$.

The figure is up 4.4% on the previous year and down 21.4% over ten years.

Over the whole period, military spending in Oman peaked at 10.36 billion constant 2022 US$ in 2015 and was at its lowest, 421.86 million constant 2022 US$, in 1971.

Oman ranks 38th of 172 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 1.66 billion constant 2022 US$ 421.86 million constant 2022 US$ 2.53 billion constant 2022 US$ 9
1980s 3.43 billion constant 2022 US$ 2.72 billion constant 2022 US$ 4.20 billion constant 2022 US$ 10
1990s 2.77 billion constant 2022 US$ 2.59 billion constant 2022 US$ 2.98 billion constant 2022 US$ 10
2000s 4.15 billion constant 2022 US$ 3.02 billion constant 2022 US$ 5.05 billion constant 2022 US$ 10
2010s 8.87 billion constant 2022 US$ 5.04 billion constant 2022 US$ 10.36 billion constant 2022 US$ 10
2020s 7.84 billion constant 2022 US$ 7.33 billion constant 2022 US$ 8.56 billion constant 2022 US$ 4

Countries ranked near Oman

  1. 35 Belgium 8.46 billion constant 2022 US$ compare
  2. 36 Denmark 8.01 billion constant 2022 US$ compare
  3. 37 Thailand 7.79 billion constant 2022 US$ compare
  4. 39 Switzerland 7.40 billion constant 2022 US$ compare
  5. 40 Vietnam 6.74 billion constant 2022 US$ compare
  6. 41 Finland 6.73 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Oman

All data for Oman →

Frequently asked questions

What is military spending in Oman?
Military spending in Oman was 7.65 billion constant 2022 US$ in 2023, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Oman?
The highest recorded value was 10.36 billion constant 2022 US$ in 2015.
What is the lowest military spending recorded in Oman?
The lowest recorded value was 421.86 million constant 2022 US$ in 1971.
How does Oman rank for military spending?
Oman ranks 38th out of 172 countries with data for 2023.
Is military spending rising or falling in Oman?
Over the last ten years it is down 21.4%. The long-run trend across the full record is volatile.
Where does this Oman data come from?
The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.