Oman OM: Military Expenditure: % of GDP

1971 - 2017 | Yearly | % | World Bank

Oman OM: Military Expenditure: % of GDP data was reported at 12.073 % in 2017. This records a decrease from the previous number of 15.956 % for 2016. Oman OM: Military Expenditure: % of GDP data is updated yearly, averaging 15.368 % from Dec 1971 to 2017, with 47 observations. The data reached an all-time high of 33.278 % in 1975 and a record low of 7.580 % in 2008. Oman OM: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Oman – Table OM.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Oman's Oman OM: Military Expenditure: % of GDP from 1971 to 2017 in the chart:

Oman Oman OM: Military Expenditure: % of GDP

What was Oman's Oman OM: Military Expenditure: % of GDP in 2017?

Last Previous Min Max Unit Frequency Range
11.96 2017 15.83 2016 7.58 2008 33.28 1975 % yearly 1971 - 2017

Related Indicators for Oman OM: Military Expenditure: % of GDP

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Oman Key Series

Buy Selected Data

Includes 125 related indicators. Instant access to full history data in excel.
National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 46,034.277 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 22,164.117 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.519 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 12.7 2021 yearly 1999 - 2021
GDP per Capita (USD) 23,240.897 2022 yearly 1980 - 2022
Gross Fixed Capital Formation (USD mn) 25,222.984 2022 yearly 1975 - 2022
Gross National Product (GNP) (USD mn) 103,436.389 2022 yearly 1965 - 2022
Gross Savings Rate (%) 34.7 2022 yearly 1980 - 2022
Investment: % of GDP (%) 26.9 2022 yearly 1967 - 2022
Nominal GDP (USD mn) 27,116.8 Mar 2023 quarterly Mar 2005 - Mar 2023
Nominal GDP Growth (%) -10.834 Jun 2023 quarterly Mar 2006 - Jun 2023
Private Consumption Expenditure (USD mn) 38,442.752 2022 yearly 1980 - 2022
Private Consumption: % of GDP (%) 34.3 2022 yearly 1980 - 2022
Public Consumption Expenditure (USD mn) 20,032.027 2022 yearly 1980 - 2022
Public Consumption: % of GDP (%) 17.9 2022 yearly 1980 - 2022
Real GDP Growth (%) 3.1 2021 yearly 1999 - 2021
Total Trade of Goods & Services: % of Nominal GDP (%) 95.667 2021 yearly 1980 - 2021
Production Last Frequency Range
Gold Production (kg) 0.000 2021 yearly 1993 - 2021
Industrial Production Index Growth (%) -1.9 Apr 2017 monthly Jul 1968 - Apr 2017
Minerals Production (Metric Ton) 93,045,398.000 2021 yearly 2009 - 2021
Silver Production (Metric Ton) 0.000 2020 yearly 1996 - 2020
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.2 Sep 2023 quarterly Dec 2005 - Sep 2023
Forecast: Government Expenditure (OMR bn) 11.499 2028 yearly 1990 - 2028
Forecast: Government Net Debt (OMR bn) 13.559 2028 yearly 1990 - 2028
Forecast: Government Revenue (OMR bn) 12.441 2028 yearly 1990 - 2028
Government Debt: % of GDP (%) 41.2 2022 yearly 1990 - 2022
Tax Revenue (USD mn) 3,304.518 2021 yearly 1996 - 2021
National Government Debt (USD mn) 46,137.8 2022 yearly 1990 - 2022
Consolidated Fiscal Balance (USD mn) 221.066 Jan 2024 monthly Jun 2003 - Jan 2024
Tax Revenue: % of GDP (%) 3.8 2021 yearly 1996 - 2021
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 2,509,123.000 2022 yearly 1986 - 2022
Forecast: Population (Person mn) 5.592 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Labour Force Participation Rate (%) 68.3 2023 yearly 1990 - 2023
Labour Productivity Growth (%) -5.73 2022 yearly 1999 - 2022
Population (Person mn) 4.5 2020 yearly 1977 - 2020
Unemployment Rate (%) 3.30 Feb 2024 monthly Mar 2018 - Feb 2024
Domestic Trade and Household Survey Last Frequency Range
Household Expenditure per Capita (USD) 3,110.731 2011 yearly 2007 - 2011
Household Income per Capita (USD) 4,964.629 2011 yearly 2007 - 2011
Motor Vehicle Sales: Commercial Cars (Unit) 13,576.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicle Sales: Passenger Cars (Unit) 49,924.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicles Sales (Unit) 63,500 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) -0.2 2019 yearly 2006 - 2019

More Indicators for Oman

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data