Gross fixed capital formation in Oman
Oman: Gross fixed capital formation was 9.22 billion constant LCU in 2024. ▲ Rising
Gross fixed capital formation in Oman, 1998–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross fixed capital formation in Oman is 9.22 billion constant LCU, measured in 2024.
That represents a change of up 7.1% on the previous year and down 2.8% over ten years.
Over the whole period, gross fixed capital formation in Oman peaked at 11.06 billion constant LCU in 2016 and was at its lowest, 2.29 billion constant LCU, in 2000.
That places Oman 134th out of 167 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.82 billion constant LCU | 2.60 billion constant LCU | 3.05 billion constant LCU | 2 |
| 2000s | 4.57 billion constant LCU | 2.29 billion constant LCU | 7.95 billion constant LCU | 10 |
| 2010s | 9.40 billion constant LCU | 7.27 billion constant LCU | 11.06 billion constant LCU | 10 |
| 2020s | 8.85 billion constant LCU | 8.25 billion constant LCU | 9.79 billion constant 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 fixed capital formation in Oman?
- Gross fixed capital formation in Oman was 9.22 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Oman?
- The highest recorded value was 11.06 billion constant LCU in 2016.
- What is the lowest gross fixed capital formation recorded in Oman?
- The lowest recorded value was 2.29 billion constant LCU in 2000.
- How does Oman rank for gross fixed capital formation?
- Oman ranks 134th out of 167 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Oman?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is rising.
- 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 fixed capital formation (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.