Gross capital formation in Oman
Oman: Gross capital formation was 26.62 billion current US$ in 2024. ◆ Volatile
Gross capital formation in Oman, 1967–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross capital formation in Oman stood at 26.62 billion current US$.
Compared with earlier readings it 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 30.01 billion current US$ in 2022 and was at its lowest, 22.32 million current US$, in 1969.
Oman ranks 67th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 26.50 million current US$ | 22.32 million current US$ | 33.42 million current US$ | 3 |
| 1970s | 512.83 million current US$ | 35.28 million current US$ | 971.05 million current US$ | 10 |
| 1980s | 1.88 billion current US$ | 1.16 billion current US$ | 2.76 billion current US$ | 10 |
| 1990s | 2.74 billion current US$ | 1.44 billion current US$ | 6.12 billion current US$ | 10 |
| 2000s | 12.50 billion current US$ | 5.03 billion current US$ | 29.32 billion current US$ | 10 |
| 2010s | 25.83 billion current US$ | 19.10 billion current US$ | 29.10 billion current US$ | 10 |
| 2020s | 26.05 billion current US$ | 20.97 billion current US$ | 30.01 billion current US$ | 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 26.62 billion current US$ 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 30.01 billion current US$ in 2022.
- What is the lowest gross capital formation recorded in Oman?
- The lowest recorded value was 22.32 million current US$ in 1969.
- How does Oman rank for gross capital formation?
- Oman ranks 67th 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 US$). 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 indicator is expressed in United States dollars.