Low alloy steel for oil country tubular goods contains, in percentage by mass, 0.20% to 0.35% C, 0.05% to 0.5% Si, 0.05% to 0.6% Mn, at most 0.025% P, at most 0.01% S, 0.005% to 0.100% Al, 0.8% to 3.0% Mo, 0.05% to 0.25% V, 0.0001% to 0.005% B, at most 0.01% N, and at most 0.01% O, the balance comprising Fe and impurities, the steel satisfying Expression (1): 12V+1-Mo.gtoreq.0 (1) where the symbols of elements represent the contents of the elements in percentage by mass. In this way, the steel according to the present invention has high SSC resistance.