Gross fixed capital formation in Oman
Oman: Gross fixed capital formation was 27.36 billion current US$ in 2024. ◆ Volatile
Gross fixed capital formation in Oman, 1967–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross fixed capital formation in Oman stood at 27.36 billion current US$.
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 29.52 billion current US$ in 2016 and was at its lowest, 22.32 million current US$, in 1969.
Oman ranks 61st of 180 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 26.50 million current US$ | 22.32 million current US$ | 33.42 million current US$ | 3 |
| 1970s | 517.20 million current US$ | 35.28 million current US$ | 929.94 million current US$ | 10 |
| 1980s | 1.68 billion current US$ | 1.34 billion current US$ | 2.05 billion current US$ | 3 |
| 1990s | 2.60 billion current US$ | 1.44 billion current US$ | 5.31 billion current US$ | 10 |
| 2000s | 10.61 billion current US$ | 3.80 billion current US$ | 23.66 billion current US$ | 10 |
| 2010s | 25.67 billion current US$ | 19.21 billion current US$ | 29.52 billion current US$ | 10 |
| 2020s | 25.15 billion current US$ | 23.45 billion current US$ | 27.36 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 fixed capital formation in Oman?
- Gross fixed capital formation in Oman was 27.36 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Oman?
- The highest recorded value was 29.52 billion current US$ in 2016.
- What is the lowest gross fixed capital formation recorded in Oman?
- The lowest recorded value was 22.32 million current US$ in 1969.
- How does Oman rank for gross fixed capital formation?
- Oman ranks 61st 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.