Oman—Military Spending (% of GDP)
Category: MilitarySource: World Bank World Development IndicatorsGlobal Rank: #8 of 153
Latest Value
5.6%
2024
YoY Change
+1.2%
2023 → 2024
Global Rank
#8
of 153 countries
Maximum
10.6%
2012
Minimum
5.0%
2008
CAGR
-1.0%
25 years
Last
5.6%
Previous
5.5%
Highest
10.6%
Lowest
5.0%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 5.6% | +1.2% |
| 2023 | 5.5% | +5.0% |
| 2022 | 5.3% | -20.5% |
| 2021 | 6.6% | -17.5% |
| 2020 | 8.0% | +7.9% |
| 2019 | 7.4% | -10.0% |
| 2018 | 8.3% | -1.7% |
| 2017 | 8.4% | -20.4% |
| 2016 | 10.6% | +10.4% |
| 2015 | 9.6% | +8.0% |
| 2014 | 8.9% | -9.1% |
| 2013 | 9.7% | -7.9% |
| 2012 | 10.6% | +64.0% |
| 2011 | 6.5% | +14.2% |
| 2010 | 5.6% | -7.0% |
| 2009 | 6.1% | +22.4% |
| 2008 | 5.0% | -26.2% |
| 2007 | 6.7% | -5.4% |
| 2006 | 7.1% | -8.0% |
| 2005 | 7.7% | -1.9% |
| 2004 | 7.9% | -1.3% |
| 2003 | 8.0% | -1.7% |
| 2002 | 8.1% | -1.2% |
| 2001 | 8.2% | +15.7% |
| 2000 | 7.1% |
Top Countries — Military Spending (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 34.5% | 2024 |
| 2 | Israel | 8.8% | 2024 |
| 3 | Algeria | 8.0% | 2024 |
| 4 | Saudi Arabia | 7.3% | 2024 |
| 5 | Russian Federation | 7.1% | 2024 |
| 6 | Myanmar | 6.8% | 2024 |
| 7 | Qatar | 6.5% | 2022 |
| 8 | Oman | 5.6% | 2024 |
| 9 | Armenia | 5.5% | 2024 |
| 10 | Libya | 5.3% | 2023 |
About This Indicator
Definition
Military expenditure by country as percentage of gross domestic product
Methodology
Data compiled by SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases.
Source: World Bank - World Development IndicatorsView original source →