
A friendly arms dealer snapped in Abu Dhabi last month. Photo ripped from Martin Parr/Magnum Photos
Interesting statement in the comments section caught my eye:
Oman is listed as the No. 1 country in the world for Military expenditure as a % of GDP (of countries where such data is available, so in reality we probably get beaten into 2nd place by North Korea).
The full list is available from the ever helpful Central Intelligence Agency here. And there we are, proudly at the number 1 spot.
Country Military expenditures (% of GDP)
1 Oman 11.4% 2005 est.
2 Qatar 10.0% 2005 est.
3 Saudi Arabia 10.0% 2005 est.
4 Iraq 8.6% 2006
5 Jordan 8.6% 2006
6 Israel 7.3% 2006
7 Yemen 6.6% 2006
8 Armenia 6.5% FY01
9 Eritrea 6.3% 2006 est.
10 Macedonia 6.0% 2005 est.
11 Burundi 5.9% 2006 est.
12 Syria 5.9% 2005 est.
13 Angola 5.7% 2006
14 Mauritania 5.5% 2006
15 Maldives 5.5% 2005 est.
16 Kuwait 5.3% 2006
17 Turkey 5.3% 2005 est.
18 El Salvador 5.0% 2006
19 Morocco 5.0% 2003 est.
20 Singapore 4.9% 2005 est.
Of course, the trick with this No. 1 rank is based on % GDP, and I understand also includes ROP.
In absolute spending terms (based on 2002 purchasing power parity data), Oman only ranks around 50th out of 164 in a 2004 report to the US Congress.
On % GDP, we still came out top in the GCC, and 4th Globally.

In terms of GCC absolute spend though, we're not too bad. In the 2004 report the estimates are (2002 spend in US$)
Saudi Arabia: $22.2 bln
Kuwait: $3.5 bln
United Arab Emirates: ~$2.8 bln
Oman: $2.7 bln
Qatar: $1.9 bln
Bahrain: 0.33 bln
This is one of the reasons Oman is a safe country to live in. It's security we do pay for!
But perhaps we can improve the transparency of our reporting a bit, and get off the no. 1 spot... I think its hardly a ranking we deserve, as Oman is not overtly militarised...