Gross fixed capital formation in Oman
Oman: Gross fixed capital formation was 25.5% in 2024. ▲ Rising
Gross fixed capital formation in Oman, 1967–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation in Oman is 25.5%, measured in 2024.
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 in Oman peaked at 39.3% in 2016 and was at its lowest, 9.3%, in 1969.
That places Oman 55th out of 180 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 in Oman, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1967 | 31.2% | — |
| 1968 | 12.6% | -59.7% |
| 1969 | 9.3% | -26.1% |
| 1970 | 13.8% | +48.0% |
| 1971 | 28.5% | +106.8% |
| 1972 | 29.8% | +4.8% |
| 1973 | 26.2% | -12.1% |
| 1974 | 30.6% | +16.8% |
| 1975 | 35.6% | +16.3% |
| 1976 | 36.3% | +2.0% |
| 1977 | 32.8% | -9.6% |
| 1978 | 29.7% | -9.6% |
| 1979 | 24.7% | -16.9% |
| 1980 | 22.5% | -8.9% |
| 1981 | 22.7% | +1.1% |
| 1982 | 27.2% | +19.6% |
| 1990 | 10.8% | -60.1% |
| 1991 | 13.2% | +21.6% |
| 1992 | 14.4% | +8.9% |
| 1993 | 15.4% | +7.2% |
| 1994 | 13.8% | -10.2% |
| 1995 | 13.2% | -4.8% |
| 1996 | 12.0% | -8.6% |
| 1997 | 15.5% | +28.8% |
| 1998 | 33.1% | +113.6% |
| 1999 | 24.1% | -27.2% |
| 2000 | 17.1% | -29.2% |
| 2001 | 18.5% | +8.3% |
| 2002 | 20.1% | +9.1% |
| 2003 | 23.5% | +16.5% |
| 2004 | 26.5% | +13.0% |
| 2005 | 25.2% | -5.0% |
| 2006 | 26.9% | +6.6% |
| 2007 | 32.1% | +19.4% |
| 2008 | 33.9% | +5.7% |
| 2009 | 37.3% | +10.0% |
| 2010 | 29.6% | -20.8% |
| 2011 | 28.6% | -3.4% |
| 2012 | 27.7% | -3.2% |
| 2013 | 29.9% | +8.3% |
| 2014 | 29.8% | -0.4% |
| 2015 | 34.0% | +14.0% |
| 2016 | 39.3% | +15.5% |
| 2017 | 33.3% | -15.2% |
| 2018 | 30.5% | -8.5% |
| 2019 | 29.0% | -5.0% |
| 2020 | 31.6% | +9.1% |
| 2021 | 26.9% | -14.9% |
| 2022 | 22.9% | -14.6% |
| 2023 | 24.3% | +5.8% |
| 2024 | 25.5% | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.7% | 9.3% | 31.2% | 3 |
| 1970s | 28.8% | 13.8% | 36.3% | 10 |
| 1980s | 24.1% | 22.5% | 27.2% | 3 |
| 1990s | 16.5% | 10.8% | 33.1% | 10 |
| 2000s | 26.1% | 17.1% | 37.3% | 10 |
| 2010s | 31.2% | 27.7% | 39.3% | 10 |
| 2020s | 26.2% | 22.9% | 31.6% | 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)
- Services, value added (current US$), annual growth rate 4.96 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4721 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 9,417 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 4.96 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.1815 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 3,621 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 3.06 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4405 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Oman?
- Gross fixed capital formation in Oman was 25.5% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Oman?
- The highest recorded value was 39.3% in 2016.
- What is the lowest gross fixed capital formation recorded in Oman?
- The lowest recorded value was 9.3% in 1969.
- How does Oman rank for gross fixed capital formation?
- Oman ranks 55th out of 180 countries with data for 2024.
- Is gross fixed capital formation 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (% of GDP). 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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.