Gross fixed capital formation in Oman
Oman: Gross fixed capital formation was 7.1% in 2024. ◆ Volatile
Gross fixed capital formation in Oman, 1999–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, gross fixed capital formation in Oman stood at 7.1%.
The figure is up 197.8% on the previous year and up 163.2% over ten years.
Over the whole period, gross fixed capital formation in Oman peaked at 31.6% in 2008 and was at its lowest, -15.7%, in 2021.
Oman ranks 59th of 166 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.
Gross fixed capital formation in Oman, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1999 | -14.7% | — |
| 2000 | -12.1% | -17.4% |
| 2001 | 8.7% | -171.4% |
| 2002 | 10.3% | +19.0% |
| 2003 | 18.7% | +81.1% |
| 2004 | 20.0% | +7.4% |
| 2005 | 16.5% | -17.8% |
| 2006 | 2.5% | -84.7% |
| 2007 | 29.6% | +1071.1% |
| 2008 | 31.6% | +7.1% |
| 2009 | -1.2% | -103.6% |
| 2010 | -7.4% | +546.1% |
| 2011 | 8.2% | -210.5% |
| 2012 | 7.1% | -13.6% |
| 2013 | 9.6% | +34.3% |
| 2014 | 2.7% | -71.7% |
| 2015 | 1.3% | -53.3% |
| 2016 | 15.1% | +1094.6% |
| 2017 | -3.5% | -122.8% |
| 2018 | 0.5% | -114.7% |
| 2019 | -10.4% | -2146.7% |
| 2020 | 1.8% | -117.7% |
| 2021 | -15.7% | -950.6% |
| 2022 | 1.8% | -111.7% |
| 2023 | 2.4% | +30.8% |
| 2024 | 7.1% | +197.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -14.7% | -14.7% | -14.7% | 1 |
| 2000s | 12.5% | -12.1% | 31.6% | 10 |
| 2010s | 2.3% | -10.4% | 15.1% | 10 |
| 2020s | -0.5% | -15.7% | 7.1% | 5 |
Countries ranked near Oman
- 56 Burkina Faso 7.9% compare
- 57 Mauritania 7.7% compare
- 58 Uganda 7.2% compare
- 60 India 7.1% compare
- 61 Lao People's Democratic Republic 7.0% compare
- 62 Chile 7.0% 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)
- GDP (constant 2015 US$), annual growth rate 2.4 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.856 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 17,074 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.4 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.3585 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 7,151 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -1.98 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.4214 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation in Oman?
- Gross fixed capital formation in Oman was 7.1% 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 31.6% in 2008.
- What is the lowest gross fixed capital formation recorded in Oman?
- The lowest recorded value was -15.7% in 2021.
- How does Oman rank for gross fixed capital formation?
- Oman ranks 59th out of 166 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Oman?
- Over the last ten years it is up 163.2%. 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 (annual % growth). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.