Gross capital formation in Oman
Oman: Gross capital formation was 10.24 billion current LCU in 2024. ◆ Volatile
Gross capital formation in Oman, 1967–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross capital formation in Oman is 10.24 billion current LCU, measured in 2024.
The figure is down 6.0% on the previous year and up 0.3% over ten years.
Over the whole period, gross capital formation in Oman peaked at 11.54 billion current LCU in 2022 and was at its lowest, 9.30 million current LCU, in 1969.
That places Oman 152nd out of 186 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.43 million current LCU | 9.30 million current LCU | 12.10 million current LCU | 3 |
| 1970s | 178.47 million current LCU | 14.70 million current LCU | 335.40 million current LCU | 10 |
| 1980s | 674.01 million current LCU | 444.20 million current LCU | 953.10 million current LCU | 10 |
| 1990s | 1.05 billion current LCU | 554.80 million current LCU | 2.35 billion current LCU | 10 |
| 2000s | 4.81 billion current LCU | 1.93 billion current LCU | 11.27 billion current LCU | 10 |
| 2010s | 9.93 billion current LCU | 7.34 billion current LCU | 11.19 billion current LCU | 10 |
| 2020s | 10.02 billion current LCU | 8.06 billion current LCU | 11.54 billion current LCU | 5 |
Countries ranked near Oman
More economy & growth data for Oman
- DEC alternative conversion factor 0.3845 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -3.57 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -9.29 billion current US$ (2024)
- Taxes less subsidies on products -228.64 million current LCU (2025)
- Taxes less subsidies on products -594.64 million current US$ (2025)
- Net primary income (Net income from abroad) -2.37 billion current LCU (2024)
- Net primary income (Net income from abroad) -6.17 billion current US$ (2024)
- GNI per capita 7,351 current LCU (2024)
- GNI per capita, Atlas method 19,520 current US$ (2024)
- GNI 38.82 billion current LCU (2024)
Frequently asked questions
- What is gross capital formation in Oman?
- Gross capital formation in Oman was 10.24 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Oman?
- The highest recorded value was 11.54 billion current LCU in 2022.
- What is the lowest gross capital formation recorded in Oman?
- The lowest recorded value was 9.30 million current LCU in 1969.
- How does Oman rank for gross capital formation?
- Oman ranks 152nd out of 186 countries with data for 2024.
- Is gross capital formation rising or falling in Oman?
- Over the last ten years it is up 0.3%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current LCU). Statizoid updates them automatically from the source API.
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About this data
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.