Military Expenditure in Oman decreased to 6676 USD Million in 2019 from 7565 USD Million in 2018. source: SIPRI
Military Expenditure in Oman averaged 3327.80 USD Million from 1971 until 2019, reaching an all time high of 9792 USD Million in 2012 and a record low of 356 USD Million in 1971. Oman Military Expenditure - values, historical data and charts - was last updated on April of 2021.
Military Expenditure in Oman is expected to reach 8270.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Military Expenditure is projected to trend around 8765.22 USD Million in 2022 and 8312.13 USD Million in 2023, according to our econometric models.