Annual growth of the gross capital formation in Oman
Oman: Annual growth of the gross capital formation was -5.9% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Oman, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Oman recorded -5.9% for annual growth of the gross capital formation in 2024.
That represents a change of up 25.4% on the previous year and up 64.9% over ten years.
Over the whole period, annual growth of the gross capital formation in Oman peaked at 91.4% in 2006 and was at its lowest, -39.7%, in 2005.
Oman ranks 146th of 174 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Oman, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -26.4% | — |
| 2001 | 11.9% | -145.3% |
| 2002 | 11.4% | -4.7% |
| 2003 | 14.2% | +25.0% |
| 2004 | 35.9% | +151.9% |
| 2005 | -39.7% | -210.7% |
| 2006 | 91.4% | -330.2% |
| 2007 | 39.2% | -57.1% |
| 2008 | 27.0% | -31.3% |
| 2009 | -0.8% | -103.1% |
| 2010 | -20.1% | +2284.5% |
| 2011 | 7.3% | -136.4% |
| 2012 | 20.3% | +177.6% |
| 2013 | 9.2% | -54.6% |
| 2014 | -16.8% | -282.5% |
| 2015 | 19.0% | -213.1% |
| 2016 | 5.2% | -72.6% |
| 2017 | 7.8% | +49.2% |
| 2018 | -8.0% | -202.8% |
| 2019 | -8.3% | +3.6% |
| 2020 | 2.7% | -132.4% |
| 2021 | -11.9% | -542.3% |
| 2022 | 11.7% | -198.8% |
| 2023 | -7.9% | -167.4% |
| 2024 | -5.9% | -25.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.4% | -39.7% | 91.4% | 10 |
| 2010s | 1.6% | -20.1% | 20.3% | 10 |
| 2020s | -2.3% | -11.9% | 11.7% | 5 |
Countries ranked near Oman
More economy & growth data for Oman
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.93 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.18 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 8.26 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.254 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 5,153 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 9.14 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4677 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 9,488 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 6.14 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2554 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Oman?
- Annual growth of the gross capital formation in Oman was -5.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Oman?
- The highest recorded value was 91.4% in 2006.
- What is the lowest annual growth of the gross capital formation recorded in Oman?
- The lowest recorded value was -39.7% in 2005.
- How does Oman rank for annual growth of the gross capital formation?
- Oman ranks 146th out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Oman?
- Over the last ten years it is up 64.9%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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