Gross fixed capital formation (current US$), per unit of GDP in Oman
Oman: Gross fixed capital formation (current US$), per unit of GDP was 0.2554 current US$ per US$ of GDP in 2024. ▲ Rising
Gross fixed capital formation (current US$), per unit of GDP in Oman, 1967–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross fixed capital formation (current us$), per unit of gdp in Oman stood at 0.2554 current US$ per US$ of GDP.
Compared with earlier readings it is up 5.2% on the previous year and down 14.4% over ten years.
Over the whole period, gross fixed capital formation (current us$), per unit of gdp in Oman peaked at 0.393 current US$ per US$ of GDP in 2016 and was at its lowest, 0.093 current US$ per US$ of GDP, in 1969.
That places Oman 56th out of 181 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Gross fixed capital formation (current US$), per unit of GDP in Oman, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1967 | 0.3119 current US$ per US$ of GDP | — |
| 1968 | 0.1258 current US$ per US$ of GDP | -59.7% |
| 1969 | 0.093 current US$ per US$ of GDP | -26.1% |
| 1970 | 0.1376 current US$ per US$ of GDP | +48.0% |
| 1971 | 0.2846 current US$ per US$ of GDP | +106.8% |
| 1972 | 0.2983 current US$ per US$ of GDP | +4.8% |
| 1973 | 0.2621 current US$ per US$ of GDP | -12.1% |
| 1974 | 0.3062 current US$ per US$ of GDP | +16.8% |
| 1975 | 0.3563 current US$ per US$ of GDP | +16.3% |
| 1976 | 0.3632 current US$ per US$ of GDP | +2.0% |
| 1977 | 0.3283 current US$ per US$ of GDP | -9.6% |
| 1978 | 0.2969 current US$ per US$ of GDP | -9.6% |
| 1979 | 0.2466 current US$ per US$ of GDP | -16.9% |
| 1980 | 0.2247 current US$ per US$ of GDP | -8.9% |
| 1981 | 0.2273 current US$ per US$ of GDP | +1.1% |
| 1982 | 0.2718 current US$ per US$ of GDP | +19.6% |
| 1990 | 0.1084 current US$ per US$ of GDP | -60.1% |
| 1991 | 0.1319 current US$ per US$ of GDP | +21.6% |
| 1992 | 0.1436 current US$ per US$ of GDP | +8.9% |
| 1993 | 0.1539 current US$ per US$ of GDP | +7.2% |
| 1994 | 0.1382 current US$ per US$ of GDP | -10.2% |
| 1995 | 0.1315 current US$ per US$ of GDP | -4.8% |
| 1996 | 0.1202 current US$ per US$ of GDP | -8.6% |
| 1997 | 0.1549 current US$ per US$ of GDP | +28.8% |
| 1998 | 0.3308 current US$ per US$ of GDP | +113.6% |
| 1999 | 0.2408 current US$ per US$ of GDP | -27.2% |
| 2000 | 0.1705 current US$ per US$ of GDP | -29.2% |
| 2001 | 0.1846 current US$ per US$ of GDP | +8.3% |
| 2002 | 0.2015 current US$ per US$ of GDP | +9.1% |
| 2003 | 0.2347 current US$ per US$ of GDP | +16.5% |
| 2004 | 0.2651 current US$ per US$ of GDP | +13.0% |
| 2005 | 0.252 current US$ per US$ of GDP | -5.0% |
| 2006 | 0.2685 current US$ per US$ of GDP | +6.6% |
| 2007 | 0.3208 current US$ per US$ of GDP | +19.4% |
| 2008 | 0.339 current US$ per US$ of GDP | +5.7% |
| 2009 | 0.3729 current US$ per US$ of GDP | +10.0% |
| 2010 | 0.2955 current US$ per US$ of GDP | -20.8% |
| 2011 | 0.2855 current US$ per US$ of GDP | -3.4% |
| 2012 | 0.2765 current US$ per US$ of GDP | -3.2% |
| 2013 | 0.2994 current US$ per US$ of GDP | +8.3% |
| 2014 | 0.2983 current US$ per US$ of GDP | -0.4% |
| 2015 | 0.3401 current US$ per US$ of GDP | +14.0% |
| 2016 | 0.393 current US$ per US$ of GDP | +15.5% |
| 2017 | 0.3332 current US$ per US$ of GDP | -15.2% |
| 2018 | 0.3049 current US$ per US$ of GDP | -8.5% |
| 2019 | 0.2895 current US$ per US$ of GDP | -5.0% |
| 2020 | 0.3157 current US$ per US$ of GDP | +9.1% |
| 2021 | 0.2686 current US$ per US$ of GDP | -14.9% |
| 2022 | 0.2294 current US$ per US$ of GDP | -14.6% |
| 2023 | 0.2428 current US$ per US$ of GDP | +5.8% |
| 2024 | 0.2554 current US$ per US$ of GDP | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1769 current US$ per US$ of GDP | 0.093 current US$ per US$ of GDP | 0.3119 current US$ per US$ of GDP | 3 |
| 1970s | 0.288 current US$ per US$ of GDP | 0.1376 current US$ per US$ of GDP | 0.3632 current US$ per US$ of GDP | 10 |
| 1980s | 0.2413 current US$ per US$ of GDP | 0.2247 current US$ per US$ of GDP | 0.2718 current US$ per US$ of GDP | 3 |
| 1990s | 0.1654 current US$ per US$ of GDP | 0.1084 current US$ per US$ of GDP | 0.3308 current US$ per US$ of GDP | 10 |
| 2000s | 0.261 current US$ per US$ of GDP | 0.1705 current US$ per US$ of GDP | 0.3729 current US$ per US$ of GDP | 10 |
| 2010s | 0.3116 current US$ per US$ of GDP | 0.2765 current US$ per US$ of GDP | 0.393 current US$ per US$ of GDP | 10 |
| 2020s | 0.2624 current US$ per US$ of GDP | 0.2294 current US$ per US$ of GDP | 0.3157 current US$ per US$ of GDP | 5 |
Countries ranked near Oman
- 53 Bahamas 0.2575 current US$ per US$ of GDP compare
- 54 Croatia 0.2573 current US$ per US$ of GDP compare
- 55 Romania 0.2561 current US$ per US$ of GDP compare
- 57 Djibouti 0.2546 current US$ per US$ of GDP compare
- 58 Sweden 0.2523 current US$ per US$ of GDP compare
- 59 Belarus 0.2508 current US$ 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)
- 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 capita 5,180 current US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation (current us$), per unit of gdp in Oman?
- Gross fixed capital formation (current us$), per unit of gdp in Oman was 0.2554 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per unit of gdp recorded in Oman?
- The highest recorded value was 0.393 current US$ per US$ of GDP in 2016.
- What is the lowest gross fixed capital formation (current us$), per unit of gdp recorded in Oman?
- The lowest recorded value was 0.093 current US$ per US$ of GDP in 1969.
- How does Oman rank for gross fixed capital formation (current us$), per unit of gdp?
- Oman ranks 56th out of 181 countries with data for 2024.
- Is gross fixed capital formation (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.