Military Spending / Oman
Oman Military Spending
Oman military spending data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 5.59%.
COUNTRY: Oman
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-08-31 05:08:12
GM ECONOMY RATING
Oman · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
A
79 / 100
Strong stability
Fiscal stability
n/a
Macroeconomic stability
18.0 / 20
External stability
6.0 / 15
Financial robustness
12.0 / 15
Structural stability
13.0 / 15
Future capacity
9.0 / 10
Demographic capacity
5.0 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 76% of weighted inputs available.
Time range:
Selected year: · Value:
Oman · military spending data as percent of GDP.
Latest
5.59%
Previous
5.53%
Range avg.
7.53%
Rank
9
Countries by military spending
full rankingGM ECONOMY
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Countries, indicators and comparisons
CountryOman
IndicatorMilitary Spending
5.59%2024 · Rank 9
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Oman recorded 5.59% for Military Spending in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator increased by 0.07 percentage points, from 5.53% to 5.59%.
The latest observation is below the average of the last 10 available observations (7.53%).
Across the five latest available observations (2020–2024), the pattern is lower overall, but uneven.
Within the last 10 available observations, the low was 5.26% in 2022 and the high was 10.56% in 2016.
Comparison
Related indicators
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Government SpendingNE.CON.GOVT.ZS
Government ExpenseGC.XPN.TOTL.GD.ZS
Government RevenueGC.REV.XGRT.GD.ZS
Tax RevenueGC.TAX.TOTL.GD.ZS
Fiscal BalanceGC.BAL.CASH.GD.ZS