Gross fixed capital formation, private sector in Oman
Oman: Gross fixed capital formation, private sector was 381.20 million current LCU in 1997. ▲ Rising
Gross fixed capital formation, private sector in Oman, 1980–1997
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Oman recorded 381.20 million current LCU for gross fixed capital formation, private sector in 1997. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 14.7% on the previous year and up 131.6% over ten years.
Over the whole period, gross fixed capital formation, private sector in Oman peaked at 381.20 million current LCU in 1997 and was at its lowest, 152.30 million current LCU, in 1989.
That places Oman 97th out of 106 countries with data for 1997, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Gross fixed capital formation, private sector in Oman, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 158.50 million current LCU | — |
| 1981 | 180.30 million current LCU | +13.8% |
| 1982 | 227.00 million current LCU | +25.9% |
| 1987 | 164.60 million current LCU | -27.5% |
| 1988 | 157.70 million current LCU | -4.2% |
| 1989 | 152.30 million current LCU | -3.4% |
| 1990 | 226.40 million current LCU | +48.7% |
| 1991 | 224.90 million current LCU | -0.7% |
| 1992 | 236.00 million current LCU | +4.9% |
| 1993 | 322.40 million current LCU | +36.6% |
| 1994 | 284.70 million current LCU | -11.7% |
| 1995 | 276.40 million current LCU | -2.9% |
| 1996 | 332.30 million current LCU | +20.2% |
| 1997 | 381.20 million current LCU | +14.7% |
Oman compared with similar countries
- Oman's 381.20 million current LCU is below the median for high income countries, which is 30.52 billion current LCU, 1% of the median. (27 countries reporting)
- Oman's 381.20 million current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 516.90 billion current LCU, 0% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 173.40 million current LCU | 152.30 million current LCU | 227.00 million current LCU | 6 |
| 1990s | 285.54 million current LCU | 224.90 million current LCU | 381.20 million current LCU | 8 |
Countries ranked near Oman
- 94 Ghana 1.65 billion current LCU compare
- 95 Papua New Guinea 687.50 million current LCU compare
- 96 United States Virgin Islands 448.00 million current LCU
- 98 East Timor 132.96 million current LCU
- 99 Northern Mariana Islands 117.00 million current LCU
- 100 Lesotho 80.51 million current LCU
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -142.78 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0013 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -27.03 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 12.47 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -0.6369 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1164 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,360 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation, private sector in Oman?
- Gross fixed capital formation, private sector in Oman was 381.20 million current LCU in 1997, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Oman?
- The highest recorded value was 381.20 million current LCU in 1997.
- What is the lowest gross fixed capital formation, private sector recorded in Oman?
- The lowest recorded value was 152.30 million current LCU in 1989.
- How does Oman rank for gross fixed capital formation, private sector?
- Oman ranks 97th out of 106 countries with data for 1997.
- Is gross fixed capital formation, private sector rising or falling in Oman?
- Over the last ten years it is up 131.6%. 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, private sector (current LCU). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.