Military spending gmsd in Oman

Oman: Military spending gmsd was 7.65 billion in 2023. ◆ Volatile

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

Military spending gmsd in Oman, 1971–2023

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

Source: Our World in Data.

Analysis

In 2023, military spending gmsd in Oman stood at 7.65 billion.

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

Over the whole period, military spending gmsd in Oman peaked at 10.36 billion in 2015 and was at its lowest, 421.86 million, 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.

Military spending gmsd in Oman, year by year

Annual values for Military spending gmsd in Oman, 1971 to 2023.
Year Value Change
1971 421.86 million —
1972 564.39 million +33.8%
1973 742.93 million +31.6%
1974 1.26 billion +70.0%
1975 2.49 billion +97.5%
1976 2.53 billion +1.5%
1977 2.31 billion -8.6%
1978 2.33 billion +0.5%
1979 2.31 billion -0.7%
1980 2.76 billion +19.5%
1981 3.59 billion +29.9%
1982 3.68 billion +2.7%
1983 3.96 billion +7.5%
1984 4.20 billion +6.0%
1985 4.11 billion -2.0%
1986 3.49 billion -15.1%
1987 3.07 billion -12.1%
1988 2.75 billion -10.5%
1989 2.72 billion -0.8%
1990 2.74 billion +0.5%
1991 2.60 billion -5.2%
1992 2.95 billion +13.6%
1993 2.78 billion -5.7%
1994 2.83 billion +1.8%
1995 2.98 billion +5.0%
1996 2.74 billion -7.8%
1997 2.77 billion +1.0%
1998 2.70 billion -2.4%
1999 2.59 billion -4.3%
2000 3.02 billion +16.6%
2001 3.49 billion +15.8%
2002 3.76 billion +7.6%
2003 3.58 billion -4.7%
2004 3.99 billion +11.4%
2005 4.55 billion +14.1%
2006 4.42 billion -2.8%
2007 4.78 billion +8.0%
2008 5.05 billion +5.8%
2009 4.84 billion -4.2%
2010 5.04 billion +4.2%
2011 5.76 billion +14.1%
2012 8.24 billion +43.1%
2013 9.73 billion +18.2%
2014 10.10 billion +3.8%
2015 10.36 billion +2.5%
2016 10.02 billion -3.2%
2017 9.88 billion -1.4%
2018 9.96 billion +0.8%
2019 9.57 billion -3.9%
2020 8.56 billion -10.6%
2021 7.83 billion -8.4%
2022 7.33 billion -6.4%
2023 7.65 billion +4.4%

Oman compared with similar countries

  • Oman's 7.65 billion is above the median for high income countries, which is 6.50 billion, 1.2× the median. (55 countries reporting)
  • Oman's 7.65 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.51 billion, 1.4× the median. (22 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in Oman changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1975 +97.5% 1.26 billion 2.49 billion
1974 +70.0% 742.93 million 1.26 billion

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.66 billion 421.86 million 2.53 billion 9
1980s 3.43 billion 2.72 billion 4.20 billion 10
1990s 2.77 billion 2.59 billion 2.98 billion 10
2000s 4.15 billion 3.02 billion 5.05 billion 10
2010s 8.87 billion 5.04 billion 10.36 billion 10
2020s 7.84 billion 7.33 billion 8.56 billion 4

Countries ranked near Oman

  1. 35 Belgium 8.46 billion compare
  2. 36 Denmark 8.01 billion compare
  3. 37 Thailand 7.79 billion compare
  4. 39 Switzerland 7.40 billion compare
  5. 40 Vietnam 6.74 billion compare
  6. 41 Finland 6.73 billion 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 gmsd in Oman?
Military spending gmsd in Oman was 7.65 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Oman?
The highest recorded value was 10.36 billion in 2015.
What is the lowest military spending gmsd recorded in Oman?
The lowest recorded value was 421.86 million in 1971.
How does Oman rank for military spending gmsd?
Oman ranks 38th out of 172 countries with data for 2023.
Is military spending gmsd 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 Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Oman. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/oman/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed