Oman - Military Expenditure
Since 2014, Oman Military Expenditure was down by 3.9% year on year. With $6,729,518,855.66 in 2019, the country was number 31 among other countries in Military Expenditure. Oman is overtaken by Norway, which was ranked number 30 at $7,003,411,804.84 and is followed by Mexico at $6,536,384,427.47. United States ranked the highest with $731,751,400,000 in 2019, that is +7.2% versus 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria witnessed the best average annual growth at +23.3% per year, while Venezuela witnessed the worst performance at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 6,729,518,855.66 |
| 2018 | 7,565,344,603.38 |
| 2017 | 6,802,665,799.74 |
| 2016 | 7,935,955,786.74 |
| 2015 | 7,533,550,065.02 |
Download all data from 1971 to 2019
How does Oman rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 30 |
#30
Norway
|
7,003,411,804.84 | 2019 | -0.9 % | -0.9 % | View data | |
| 31 |
#31
Oman
|
6,729,518,855.66 | 2019 | -11.1 % | -3.9 % | View data | |
| 32 |
#32
Mexico
|
6,536,384,427.47 | 2019 | +11.9 % | -0.7 % | View data | |