What is gross fixed capital formation in Oman?

Gross fixed capital formation in Oman was 10.52 billion current 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 11.35 billion current LCU in 2016.

What is the lowest gross fixed capital formation recorded in Oman?

The lowest recorded value was 9.30 million current LCU in 1969.

How does Oman rank for gross fixed capital formation?

Oman ranks 148th out of 180 countries with data for 2024.

Is gross fixed capital formation rising or falling in Oman?

Over the last ten years it is down 1.1%. 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 fixed capital formation (current LCU). Statizoid updates them automatically from the source API.

Gross fixed capital formation in Oman

Name: Gross fixed capital formation in Oman
Creator: Country official statistics, National Statistical Organizations and/or Central Banks
License: CC BY 4.0 (World Bank Open Data)

Oman: Gross fixed capital formation was 10.52 billion current LCU in 2024. ◆ Volatile

Latest (2024)

10.52 billion current LCU

Change on year

up 6.1%

World rank

148th

of 180 countries

All-time high

11.35 billion current LCU

in 2016

All-time low

9.30 million current LCU

in 1969

Years of data

1967–2024

Gross fixed capital formation in Oman, 1967–2024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

Oman recorded 10.52 billion current LCU for gross fixed capital formation in 2024.

That represents a change of up 6.1% on the previous year and down 1.1% over ten years.

Over the whole period, gross fixed capital formation in Oman peaked at 11.35 billion current LCU in 2016 and was at its lowest, 9.30 million current LCU, in 1969.

Oman ranks 148th of 180 countries on this measure, 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	179.98 million current LCU	14.70 million current LCU	321.20 million current LCU	10
1980s	581.13 million current LCU	464.30 million current LCU	709.20 million current LCU	3
1990s	998.32 million current LCU	554.80 million current LCU	2.04 billion current LCU	10
2000s	4.08 billion current LCU	1.46 billion current LCU	9.10 billion current LCU	10
2010s	9.87 billion current LCU	7.38 billion current LCU	11.35 billion current LCU	10
2020s	9.67 billion current LCU	9.02 billion current LCU	10.52 billion current LCU	5

Countries ranked near Oman

145 Lesotho 14.22 billion current LCU compare
146 Luxembourg 13.41 billion current LCU compare
147 Bosnia and Herzegovina 13.10 billion current LCU compare
149 Latvia 10.10 billion current LCU compare
150 Estonia 10.08 billion current LCU compare
151 El Salvador 9.98 billion current LCU compare

See the full ranking of 180 places →

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)

All data for Oman →

Frequently asked questions

What is gross fixed capital formation in Oman?: Gross fixed capital formation in Oman was 10.52 billion current 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 11.35 billion current LCU in 2016.
What is the lowest gross fixed capital formation recorded in Oman?: The lowest recorded value was 9.30 million current LCU in 1969.
How does Oman rank for gross fixed capital formation?: Oman ranks 148th out of 180 countries with data for 2024.
Is gross fixed capital formation rising or falling in Oman?: Over the last ten years it is down 1.1%. 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 fixed capital formation (current LCU). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator: Gross fixed 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: 180 places, 8,131 data points, 1960–2025
Last refreshed: 06 August 2026

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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.