Gross capital formation (constant LCU), per unit of GDP in Oman
Oman: Gross capital formation (constant LCU), per unit of GDP was 0.0836 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross capital formation (constant LCU), per unit of GDP in Oman, 1998–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross capital formation (constant lcu), per unit of gdp in Oman is 0.0836 constant LCU per US$ of GDP, measured in 2024.
The figure is down 6.7% on the previous year and down 13.7% over ten years.
Over the whole period, gross capital formation (constant lcu), per unit of gdp in Oman peaked at 0.2535 constant LCU per US$ of GDP in 1998 and was at its lowest, 0.0804 constant LCU per US$ of GDP, in 2005.
That places Oman 163rd out of 170 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 27 years of available data.
Gross capital formation (constant LCU), per unit of GDP in Oman, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1998 | 0.2535 constant LCU per US$ of GDP | — |
| 1999 | 0.1863 constant LCU per US$ of GDP | -26.5% |
| 2000 | 0.1099 constant LCU per US$ of GDP | -41.0% |
| 2001 | 0.1233 constant LCU per US$ of GDP | +12.2% |
| 2002 | 0.1322 constant LCU per US$ of GDP | +7.2% |
| 2003 | 0.1409 constant LCU per US$ of GDP | +6.5% |
| 2004 | 0.1668 constant LCU per US$ of GDP | +18.4% |
| 2005 | 0.0804 constant LCU per US$ of GDP | -51.8% |
| 2006 | 0.1283 constant LCU per US$ of GDP | +59.6% |
| 2007 | 0.1575 constant LCU per US$ of GDP | +22.7% |
| 2008 | 0.1383 constant LCU per US$ of GDP | -12.2% |
| 2009 | 0.1727 constant LCU per US$ of GDP | +24.8% |
| 2010 | 0.1177 constant LCU per US$ of GDP | -31.8% |
| 2011 | 0.1059 constant LCU per US$ of GDP | -10.0% |
| 2012 | 0.113 constant LCU per US$ of GDP | +6.7% |
| 2013 | 0.12 constant LCU per US$ of GDP | +6.2% |
| 2014 | 0.0968 constant LCU per US$ of GDP | -19.3% |
| 2015 | 0.1357 constant LCU per US$ of GDP | +40.2% |
| 2016 | 0.1496 constant LCU per US$ of GDP | +10.2% |
| 2017 | 0.1498 constant LCU per US$ of GDP | +0.2% |
| 2018 | 0.1218 constant LCU per US$ of GDP | -18.7% |
| 2019 | 0.1161 constant LCU per US$ of GDP | -4.7% |
| 2020 | 0.1383 constant LCU per US$ of GDP | +19.1% |
| 2021 | 0.1059 constant LCU per US$ of GDP | -23.4% |
| 2022 | 0.0941 constant LCU per US$ of GDP | -11.2% |
| 2023 | 0.0896 constant LCU per US$ of GDP | -4.7% |
| 2024 | 0.0836 constant LCU per US$ of GDP | -6.7% |
Oman compared with similar countries
- Oman's 0.0836 constant LCU per US$ of GDP is below the median for high income countries, which is 0.2109 constant LCU per US$ of GDP, 40% of the median. (58 countries reporting)
- Oman's 0.0836 constant LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.9463 constant LCU per US$ of GDP, 9% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2199 constant LCU per US$ of GDP | 0.1863 constant LCU per US$ of GDP | 0.2535 constant LCU per US$ of GDP | 2 |
| 2000s | 0.135 constant LCU per US$ of GDP | 0.0804 constant LCU per US$ of GDP | 0.1727 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1226 constant LCU per US$ of GDP | 0.0968 constant LCU per US$ of GDP | 0.1498 constant LCU per US$ of GDP | 10 |
| 2020s | 0.1023 constant LCU per US$ of GDP | 0.0836 constant LCU per US$ of GDP | 0.1383 constant LCU per US$ of GDP | 5 |
Countries ranked near Oman
- 160 Bahrain 0.1006 constant LCU per US$ of GDP compare
- 161 Bermuda 0.0925 constant LCU per US$ of GDP compare
- 162 Azerbaijan 0.0856 constant LCU per US$ of GDP compare
- 164 Cuba 0.0781 constant LCU per US$ of GDP compare
- 165 Puerto Rico 0.0674 constant LCU per US$ of GDP compare
- 166 Kuwait 0.0392 constant LCU per US$ of GDP compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -142.78 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0013 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -27.03 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 12.47 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -0.6369 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1164 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,360 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is gross capital formation (constant lcu), per unit of gdp in Oman?
- Gross capital formation (constant lcu), per unit of gdp in Oman was 0.0836 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per unit of gdp recorded in Oman?
- The highest recorded value was 0.2535 constant LCU per US$ of GDP in 1998.
- What is the lowest gross capital formation (constant lcu), per unit of gdp recorded in Oman?
- The lowest recorded value was 0.0804 constant LCU per US$ of GDP in 2005.
- How does Oman rank for gross capital formation (constant lcu), per unit of gdp?
- Oman ranks 163rd out of 170 countries with data for 2024.
- Is gross capital formation (constant lcu), per unit of gdp rising or falling in Oman?
- Over the last ten years it is down 13.7%. The long-run trend across the full record is falling.
- Where does this Oman data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.