Faroe Islands vs Oman: Gross capital formation

Faroe Islands

7.87 billion current LCU

in 2024

Oman

10.24 billion current LCU

in 2024

Faroe Islands rank

155th

Oman rank

152nd

Gross capital formation over time

Faroe Islands
Oman

How they compare

Oman currently reports 10.24 billion current LCU against 7.87 billion current LCU in Faroe Islands, a difference of 2.36 billion current LCU.

That makes Oman's figure about 1.3 times Faroe Islands's.

The two have swapped places 2 times across 27 shared years of data; in 1998 it was Oman ahead.

Globally, Faroe Islands ranks 155th and Oman ranks 152nd of 186 countries.

Individual pages

About this data

Indicator: Gross capital formation (current LCU)
Unit: current LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 186 places, 8,699 data points, 1960–2025
Last refreshed: 06 August 2026

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.