Gross capital formation (current LCU), per unit of GDP in Oman
Oman: Gross capital formation (current LCU), per unit of GDP was 0.0955 current LCU per US$ of GDP in 2024. ▲ Rising
Gross capital formation (current LCU), per unit of GDP in Oman, 1967–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Oman recorded 0.0955 current LCU per US$ of GDP for gross capital formation (current lcu), per unit of gdp in 2024.
That represents a change of down 6.8% on the previous year and down 13.2% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in Oman peaked at 0.1615 current LCU per US$ of GDP in 2008 and was at its lowest, 0.0387 current LCU per US$ of GDP, in 1969.
Oman ranks 185th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 58 years of available data.
Gross capital formation (current LCU), per unit of GDP in Oman, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1967 | 0.1129 current LCU per US$ of GDP | — |
| 1968 | 0.0524 current LCU per US$ of GDP | -53.6% |
| 1969 | 0.0387 current LCU per US$ of GDP | -26.1% |
| 1970 | 0.0574 current LCU per US$ of GDP | +48.0% |
| 1971 | 0.1183 current LCU per US$ of GDP | +106.2% |
| 1972 | 0.1145 current LCU per US$ of GDP | -3.2% |
| 1973 | 0.0919 current LCU per US$ of GDP | -19.7% |
| 1974 | 0.1058 current LCU per US$ of GDP | +15.1% |
| 1975 | 0.1231 current LCU per US$ of GDP | +16.3% |
| 1976 | 0.1239 current LCU per US$ of GDP | +0.7% |
| 1977 | 0.1058 current LCU per US$ of GDP | -14.6% |
| 1978 | 0.0998 current LCU per US$ of GDP | -5.6% |
| 1979 | 0.0898 current LCU per US$ of GDP | -10.0% |
| 1980 | 0.077 current LCU per US$ of GDP | -14.3% |
| 1981 | 0.0793 current LCU per US$ of GDP | +3.0% |
| 1982 | 0.0919 current LCU per US$ of GDP | +15.9% |
| 1983 | 0.0915 current LCU per US$ of GDP | -0.4% |
| 1984 | 0.1035 current LCU per US$ of GDP | +13.2% |
| 1985 | 0.0953 current LCU per US$ of GDP | -8.0% |
| 1986 | 0.1227 current LCU per US$ of GDP | +28.8% |
| 1987 | 0.0722 current LCU per US$ of GDP | -41.1% |
| 1988 | 0.0609 current LCU per US$ of GDP | -15.6% |
| 1989 | 0.0474 current LCU per US$ of GDP | -22.2% |
| 1990 | 0.0417 current LCU per US$ of GDP | -12.1% |
| 1991 | 0.0507 current LCU per US$ of GDP | +21.6% |
| 1992 | 0.0552 current LCU per US$ of GDP | +8.9% |
| 1993 | 0.0592 current LCU per US$ of GDP | +7.2% |
| 1994 | 0.0531 current LCU per US$ of GDP | -10.2% |
| 1995 | 0.0506 current LCU per US$ of GDP | -4.8% |
| 1996 | 0.0462 current LCU per US$ of GDP | -8.6% |
| 1997 | 0.0596 current LCU per US$ of GDP | +28.8% |
| 1998 | 0.1467 current LCU per US$ of GDP | +146.2% |
| 1999 | 0.1063 current LCU per US$ of GDP | -27.5% |
| 2000 | 0.0868 current LCU per US$ of GDP | -18.3% |
| 2001 | 0.0925 current LCU per US$ of GDP | +6.5% |
| 2002 | 0.0998 current LCU per US$ of GDP | +7.9% |
| 2003 | 0.113 current LCU per US$ of GDP | +13.2% |
| 2004 | 0.1295 current LCU per US$ of GDP | +14.7% |
| 2005 | 0.1092 current LCU per US$ of GDP | -15.7% |
| 2006 | 0.1292 current LCU per US$ of GDP | +18.3% |
| 2007 | 0.1529 current LCU per US$ of GDP | +18.3% |
| 2008 | 0.1615 current LCU per US$ of GDP | +5.7% |
| 2009 | 0.131 current LCU per US$ of GDP | -18.9% |
| 2010 | 0.113 current LCU per US$ of GDP | -13.7% |
| 2011 | 0.1064 current LCU per US$ of GDP | -5.9% |
| 2012 | 0.1162 current LCU per US$ of GDP | +9.2% |
| 2013 | 0.1244 current LCU per US$ of GDP | +7.1% |
| 2014 | 0.1101 current LCU per US$ of GDP | -11.5% |
| 2015 | 0.1398 current LCU per US$ of GDP | +27.1% |
| 2016 | 0.1388 current LCU per US$ of GDP | -0.8% |
| 2017 | 0.1301 current LCU per US$ of GDP | -6.2% |
| 2018 | 0.1218 current LCU per US$ of GDP | -6.4% |
| 2019 | 0.1033 current LCU per US$ of GDP | -15.2% |
| 2020 | 0.1062 current LCU per US$ of GDP | +2.8% |
| 2021 | 0.1071 current LCU per US$ of GDP | +0.9% |
| 2022 | 0.105 current LCU per US$ of GDP | -1.9% |
| 2023 | 0.1025 current LCU per US$ of GDP | -2.4% |
| 2024 | 0.0955 current LCU per US$ of GDP | -6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.068 current LCU per US$ of GDP | 0.0387 current LCU per US$ of GDP | 0.1129 current LCU per US$ of GDP | 3 |
| 1970s | 0.103 current LCU per US$ of GDP | 0.0574 current LCU per US$ of GDP | 0.1239 current LCU per US$ of GDP | 10 |
| 1980s | 0.0842 current LCU per US$ of GDP | 0.0474 current LCU per US$ of GDP | 0.1227 current LCU per US$ of GDP | 10 |
| 1990s | 0.0669 current LCU per US$ of GDP | 0.0417 current LCU per US$ of GDP | 0.1467 current LCU per US$ of GDP | 10 |
| 2000s | 0.1205 current LCU per US$ of GDP | 0.0868 current LCU per US$ of GDP | 0.1615 current LCU per US$ of GDP | 10 |
| 2010s | 0.1204 current LCU per US$ of GDP | 0.1033 current LCU per US$ of GDP | 0.1398 current LCU per US$ of GDP | 10 |
| 2020s | 0.1033 current LCU per US$ of GDP | 0.0955 current LCU per US$ of GDP | 0.1071 current LCU per US$ of GDP | 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)
- Gross capital formation (current US$), annual growth rate -5.96 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2485 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 5,040 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -5.96 % change on previous year (2024)
- Gross capital formation (current LCU), per capita 1,938 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -5.9 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.224 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 4,544 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross capital formation (current lcu), per unit of gdp in Oman?
- Gross capital formation (current lcu), per unit of gdp in Oman was 0.0955 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in Oman?
- The highest recorded value was 0.1615 current LCU per US$ of GDP in 2008.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in Oman?
- The lowest recorded value was 0.0387 current LCU per US$ of GDP in 1969.
- How does Oman rank for gross capital formation (current lcu), per unit of gdp?
- Oman ranks 185th out of 187 countries with data for 2024.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in Oman?
- Over the last ten years it is down 13.2%. The long-run trend across the full record is rising.
- Where does this Oman data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
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 (current 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.