Faroe Islands vs Oman: Gross capital formation (current LCU), annual growth rate

Faroe Islands
-7.66 % change on previous year
in 2024
Oman
-5.96 % change on previous year
in 2024
Faroe Islands rank
171st
Oman rank
168th

Gross capital formation (current LCU), annual growth rate over time

  • Faroe Islands
  • Oman
0100200300196819962024

How they compare

Oman currently reports -5.96 % change on previous year against -7.66 % change on previous year in Faroe Islands, a difference of 1.7 % change on previous year.

The two have swapped places 13 times across 26 shared years of data; in 1999 it was Faroe Islands ahead.

Faroe Islands ranks 171st and Oman ranks 168th of 186 countries.

Across the 4 decades both report, Faroe Islands averaged higher in 3 and Oman in 1.

Head to head by decade

Decade Faroe Islands Oman Difference Ahead
1990s 13.69 % change on previous year -19.45 % change on previous year 33.14 % change on previous year Faroe Islands
2000s 5.48 % change on previous year 17.19 % change on previous year 11.71 % change on previous year Oman
2010s 12.82 % change on previous year 2.9 % change on previous year 9.92 % change on previous year Faroe Islands
2020s 6.03 % change on previous year 3.28 % change on previous year 2.75 % change on previous year Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current lcu), annual growth rate, Faroe Islands or Oman?
Oman, at -5.96 % change on previous year against -7.66 % change on previous year in Faroe Islands as of 2024.
What is the difference in gross capital formation (current lcu), annual growth rate between Faroe Islands and Oman?
1.7 % change on previous year, with Oman ahead.
How many years of comparable data are there for Faroe Islands and Oman?
26 years are reported by both, from 1999 to 2024.
How do Faroe Islands and Oman rank globally for gross capital formation (current lcu), annual growth rate?
Faroe Islands ranks 171st and Oman ranks 168th of 186 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Oman: Gross capital formation (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-lcu-annual-growth-rate/faroe-islands/oman/

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About this data

Indicator
Gross capital formation (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
186 places, 8,413 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.