Gross fixed capital formation (current LCU), per unit of GDP (LCU) in Oman
Oman: Gross fixed capital formation (current LCU), per unit of GDP (LCU) was 0.0982 current LCU per US$ of GDP in 2024. ▲ Rising
Gross fixed capital formation (current LCU), per unit of GDP in Oman, 1967–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, gross fixed capital formation (current lcu), per unit of gdp in Oman stood at 0.0982 current LCU per US$ of GDP.
That represents a change of up 5.2% on the previous year and down 14.4% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per unit of gdp in Oman peaked at 0.1511 current LCU per US$ of GDP in 2016 and was at its lowest, 0.0387 current LCU per US$ of GDP, in 1969.
Oman ranks 179th of 181 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Gross fixed capital formation (current LCU), per unit of GDP (LCU) 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 | 0.1255 current LCU per US$ of GDP | +2.0% |
| 1977 | 0.1134 current LCU per US$ of GDP | -9.6% |
| 1978 | 0.1025 current LCU per US$ of GDP | -9.6% |
| 1979 | 0.0852 current LCU per US$ of GDP | -16.9% |
| 1980 | 0.0776 current LCU per US$ of GDP | -8.9% |
| 1981 | 0.0785 current LCU per US$ of GDP | +1.1% |
| 1982 | 0.0939 current LCU per US$ of GDP | +19.6% |
| 1990 | 0.0417 current LCU per US$ of GDP | -55.6% |
| 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 | 0.1272 current LCU per US$ of GDP | +113.6% |
| 1999 | 0.0926 current LCU per US$ of GDP | -27.2% |
| 2000 | 0.0656 current LCU per US$ of GDP | -29.2% |
| 2001 | 0.071 current LCU per US$ of GDP | +8.3% |
| 2002 | 0.0775 current LCU per US$ of GDP | +9.1% |
| 2003 | 0.0902 current LCU per US$ of GDP | +16.5% |
| 2004 | 0.1019 current LCU per US$ of GDP | +13.0% |
| 2005 | 0.0969 current LCU per US$ of GDP | -5.0% |
| 2006 | 0.1033 current LCU per US$ of GDP | +6.6% |
| 2007 | 0.1233 current LCU per US$ of GDP | +19.4% |
| 2008 | 0.1303 current LCU per US$ of GDP | +5.7% |
| 2009 | 0.1434 current LCU per US$ of GDP | +10.0% |
| 2010 | 0.1136 current LCU per US$ of GDP | -20.8% |
| 2011 | 0.1098 current LCU per US$ of GDP | -3.4% |
| 2012 | 0.1063 current LCU per US$ of GDP | -3.2% |
| 2013 | 0.1151 current LCU per US$ of GDP | +8.3% |
| 2014 | 0.1147 current LCU per US$ of GDP | -0.4% |
| 2015 | 0.1308 current LCU per US$ of GDP | +14.0% |
| 2016 | 0.1511 current LCU per US$ of GDP | +15.5% |
| 2017 | 0.1281 current LCU per US$ of GDP | -15.2% |
| 2018 | 0.1172 current LCU per US$ of GDP | -8.5% |
| 2019 | 0.1113 current LCU per US$ of GDP | -5.0% |
| 2020 | 0.1214 current LCU per US$ of GDP | +9.1% |
| 2021 | 0.1033 current LCU per US$ of GDP | -14.9% |
| 2022 | 0.0882 current LCU per US$ of GDP | -14.6% |
| 2023 | 0.0933 current LCU per US$ of GDP | +5.8% |
| 2024 | 0.0982 current LCU per US$ of GDP | +5.2% |
Oman compared with similar countries
- Oman's 0.0982 current LCU per US$ of GDP is below the median for high income countries, which is 0.3014 current LCU per US$ of GDP, 33% of the median. (64 countries reporting)
- Oman's 0.0982 current LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.82 current LCU per US$ of GDP, 5% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU), per unit of GDP (LCU) in Oman changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +113.6% | 0.0596 current LCU per US$ of GDP | 0.1272 current LCU per US$ of GDP |
| 1971 | +106.2% | 0.0574 current LCU per US$ of GDP | 0.1183 current LCU per US$ of GDP |
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 | 0.1037 current LCU per US$ of GDP | 0.0574 current LCU per US$ of GDP | 0.1255 current LCU per US$ of GDP | 10 |
| 1980s | 0.0833 current LCU per US$ of GDP | 0.0776 current LCU per US$ of GDP | 0.0939 current LCU per US$ of GDP | 3 |
| 1990s | 0.0636 current LCU per US$ of GDP | 0.0417 current LCU per US$ of GDP | 0.1272 current LCU per US$ of GDP | 10 |
| 2000s | 0.1003 current LCU per US$ of GDP | 0.0656 current LCU per US$ of GDP | 0.1434 current LCU per US$ of GDP | 10 |
| 2010s | 0.1198 current LCU per US$ of GDP | 0.1063 current LCU per US$ of GDP | 0.1511 current LCU per US$ of GDP | 10 |
| 2020s | 0.1009 current LCU per US$ of GDP | 0.0882 current LCU per US$ of GDP | 0.1214 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)
- SDRs holdings, US dollar, annual growth rate 2.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 178.8 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0065 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 130.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.33 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0051 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation (current lcu), per unit of gdp in Oman?
- Gross fixed capital formation (current lcu), per unit of gdp in Oman was 0.0982 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per unit of gdp recorded in Oman?
- The highest recorded value was 0.1511 current LCU per US$ of GDP in 2016.
- What is the lowest gross fixed 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 fixed capital formation (current lcu), per unit of gdp?
- Oman ranks 179th out of 181 countries with data for 2024.
- Is gross fixed capital formation (current lcu), per unit of gdp rising or falling in Oman?
- Over the last ten years it is down 14.4%. 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 fixed capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross fixed 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 fixed 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.