Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Oman

Oman: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 3.15 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.15 % change on previous year
Change on year
down 2.8%
World rank
103rd
of 222 countries
All-time high
34.88 % change on previous year
in 1997
All-time low
-37.2 % change on previous year
in 1987
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Oman, 1971–2024

-40-2002040197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Oman is 3.15 % change on previous year, measured in 2024.

That represents a change of down 2.8% on the previous year and up 16.5% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Oman peaked at 34.88 % change on previous year in 1997 and was at its lowest, -37.2 % change on previous year, in 1987.

That places Oman 103rd out of 222 countries with data for 2024, putting it 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 — Value Standard Local Currency, 2015 in Oman, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate in Oman, 1971 to 2024.
Year % change on previous year Change
1971 0.9881 % change on previous year
1972 9.38 % change on previous year +849.0%
1973 -14 % change on previous year -249.3%
1974 28.03 % change on previous year -300.2%
1975 28.56 % change on previous year +1.9%
1976 15.87 % change on previous year -44.4%
1977 18.77 % change on previous year +18.3%
1978 16.8 % change on previous year -10.5%
1979 3.32 % change on previous year -80.3%
1980 6.79 % change on previous year +104.9%
1981 16.89 % change on previous year +148.7%
1982 18.51 % change on previous year +9.6%
1983 3.13 % change on previous year -83.1%
1984 11.61 % change on previous year +270.8%
1985 26.37 % change on previous year +127.2%
1986 -14.06 % change on previous year -153.3%
1987 -37.2 % change on previous year +164.5%
1988 -12.64 % change on previous year -66.0%
1989 3.68 % change on previous year -129.1%
1990 4.22 % change on previous year +14.8%
1991 14.12 % change on previous year +234.2%
1992 16.16 % change on previous year +14.4%
1993 10.56 % change on previous year -34.6%
1994 -4.17 % change on previous year -139.5%
1995 4.08 % change on previous year -197.9%
1996 1.78 % change on previous year -56.4%
1997 34.88 % change on previous year +1858.0%
1998 24.22 % change on previous year -30.6%
1999 -14.67 % change on previous year -160.6%
2000 -12.12 % change on previous year -17.4%
2001 8.66 % change on previous year -171.5%
2002 10.31 % change on previous year +19.0%
2003 18.66 % change on previous year +81.1%
2004 20.04 % change on previous year +7.4%
2005 16.48 % change on previous year -17.8%
2006 2.53 % change on previous year -84.7%
2007 29.56 % change on previous year +1070.2%
2008 31.65 % change on previous year +7.1%
2009 -1.15 % change on previous year -103.6%
2010 -7.45 % change on previous year +546.3%
2011 8.23 % change on previous year -210.5%
2012 7.11 % change on previous year -13.6%
2013 9.56 % change on previous year +34.3%
2014 2.71 % change on previous year -71.7%
2015 1.27 % change on previous year -53.2%
2016 15.11 % change on previous year +1093.7%
2017 -3.45 % change on previous year -122.8%
2018 0.5087 % change on previous year -114.7%
2019 -10.41 % change on previous year -2146.6%
2020 1.84 % change on previous year -117.7%
2021 -15.69 % change on previous year -950.7%
2022 2.54 % change on previous year -116.2%
2023 3.24 % change on previous year +27.6%
2024 3.15 % change on previous year -2.8%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 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.

YearChange FromTo
2019 -2146.6% 0.5087 % change on previous year -10.41 % change on previous year
1997 +1858.0% 1.78 % change on previous year 34.88 % change on previous year
2016 +1093.7% 1.27 % change on previous year 15.11 % change on previous year
2007 +1070.2% 2.53 % change on previous year 29.56 % change on previous year
2021 -950.7% 1.84 % change on previous year -15.69 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 11.97 % change on previous year -14 % change on previous year 28.56 % change on previous year 9
1980s 2.31 % change on previous year -37.2 % change on previous year 26.37 % change on previous year 10
1990s 9.12 % change on previous year -14.67 % change on previous year 34.88 % change on previous year 10
2000s 12.46 % change on previous year -12.12 % change on previous year 31.65 % change on previous year 10
2010s 2.32 % change on previous year -10.41 % change on previous year 15.11 % change on previous year 10
2020s -0.981 % change on previous year -15.69 % change on previous year 3.24 % change on previous year 5

Countries ranked near Oman

  1. 100 Turkmenistan 3.21 % change on previous year compare
  2. 101 Tonga 3.21 % change on previous year compare
  3. 102 United Arab Emirates 3.16 % change on previous year compare
  4. 104 Bolivia (Plurinational State of) 3.13 % change on previous year compare
  5. 105 Bahrain 3.13 % change on previous year compare
  6. 106 Qatar 3.08 % change on previous year compare

See the full ranking of 223 places →

More economy & growth data for Oman

All data for Oman →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, 2015 in Oman?
Gross fixed capital formation — value standard local currency, 2015 in Oman was 3.15 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Oman?
The highest recorded value was 34.88 % change on previous year in 1997.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Oman?
The lowest recorded value was -37.2 % change on previous year in 1987.
How does Oman rank for gross fixed capital formation — value standard local currency, 2015?
Oman ranks 103rd out of 222 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Oman?
Over the last ten years it is up 16.5%. The long-run trend across the full record is volatile.
Where does this Oman data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Oman. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-annual-growth-rate/oman/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
223 places, 11,242 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.