Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Oman
Oman: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0303 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.0303 million SLC per square kilometre
Change on year
up 3.2%
World rank
185th
of 194 countries
All-time high
0.0383 million SLC per square kilometre
in 2016
All-time low
0.0014 million SLC per square kilometre
in 1973
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Oman, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Oman stood at 0.0303 million SLC per square kilometre.
The figure is up 3.2% on the previous year and down 5.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Oman peaked at 0.0383 million SLC per square kilometre in 2016 and was at its lowest, 0.0014 million SLC per square kilometre, in 1973.
That places Oman 185th out of 194 countries with data for 2023, putting it in the bottom quarter.
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
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0015 million SLC per square kilometre | — |
| 1971 | 0.0015 million SLC per square kilometre | +1.0% |
| 1972 | 0.0016 million SLC per square kilometre | +9.4% |
| 1973 | 0.0014 million SLC per square kilometre | -14.0% |
| 1974 | 0.0018 million SLC per square kilometre | +28.0% |
| 1975 | 0.0023 million SLC per square kilometre | +28.6% |
| 1976 | 0.0027 million SLC per square kilometre | +15.9% |
| 1977 | 0.0032 million SLC per square kilometre | +18.8% |
| 1978 | 0.0037 million SLC per square kilometre | +16.8% |
| 1979 | 0.0039 million SLC per square kilometre | +3.3% |
| 1980 | 0.0041 million SLC per square kilometre | +6.8% |
| 1981 | 0.0048 million SLC per square kilometre | +16.9% |
| 1982 | 0.0057 million SLC per square kilometre | +18.5% |
| 1983 | 0.0059 million SLC per square kilometre | +3.1% |
| 1984 | 0.0066 million SLC per square kilometre | +11.6% |
| 1985 | 0.0083 million SLC per square kilometre | +26.4% |
| 1986 | 0.0071 million SLC per square kilometre | -14.1% |
| 1987 | 0.0045 million SLC per square kilometre | -37.2% |
| 1988 | 0.0039 million SLC per square kilometre | -12.6% |
| 1989 | 0.0041 million SLC per square kilometre | +3.7% |
| 1990 | 0.0042 million SLC per square kilometre | +4.2% |
| 1991 | 0.0048 million SLC per square kilometre | +14.1% |
| 1992 | 0.0056 million SLC per square kilometre | +16.2% |
| 1993 | 0.0062 million SLC per square kilometre | +10.6% |
| 1994 | 0.0059 million SLC per square kilometre | -4.2% |
| 1995 | 0.0062 million SLC per square kilometre | +4.1% |
| 1996 | 0.0063 million SLC per square kilometre | +1.8% |
| 1997 | 0.0085 million SLC per square kilometre | +34.9% |
| 1998 | 0.0106 million SLC per square kilometre | +24.2% |
| 1999 | 0.009 million SLC per square kilometre | -14.7% |
| 2000 | 0.0079 million SLC per square kilometre | -12.1% |
| 2001 | 0.0086 million SLC per square kilometre | +8.7% |
| 2002 | 0.0095 million SLC per square kilometre | +10.3% |
| 2003 | 0.0113 million SLC per square kilometre | +18.7% |
| 2004 | 0.0135 million SLC per square kilometre | +20.0% |
| 2005 | 0.0157 million SLC per square kilometre | +16.5% |
| 2006 | 0.0161 million SLC per square kilometre | +2.5% |
| 2007 | 0.0209 million SLC per square kilometre | +29.6% |
| 2008 | 0.0275 million SLC per square kilometre | +31.6% |
| 2009 | 0.0272 million SLC per square kilometre | -1.2% |
| 2010 | 0.0252 million SLC per square kilometre | -7.4% |
| 2011 | 0.0272 million SLC per square kilometre | +8.2% |
| 2012 | 0.0292 million SLC per square kilometre | +7.1% |
| 2013 | 0.032 million SLC per square kilometre | +9.6% |
| 2014 | 0.0328 million SLC per square kilometre | +2.7% |
| 2015 | 0.0333 million SLC per square kilometre | +1.3% |
| 2016 | 0.0383 million SLC per square kilometre | +15.1% |
| 2017 | 0.037 million SLC per square kilometre | -3.5% |
| 2018 | 0.0372 million SLC per square kilometre | +0.5% |
| 2019 | 0.0333 million SLC per square kilometre | -10.4% |
| 2020 | 0.0339 million SLC per square kilometre | +1.8% |
| 2021 | 0.0286 million SLC per square kilometre | -15.7% |
| 2022 | 0.0293 million SLC per square kilometre | +2.5% |
| 2023 | 0.0303 million SLC per square kilometre | +3.2% |
Oman compared with similar countries
- Oman's 0.0303 million SLC per square kilometre is below the median for high income countries, which is 1.92 million SLC per square kilometre, 2% of the median. (73 countries reporting)
- Oman's 0.0303 million SLC per square kilometre is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.52 million SLC per square kilometre, 1% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0024 million SLC per square kilometre | 0.0014 million SLC per square kilometre | 0.0039 million SLC per square kilometre | 10 |
| 1980s | 0.0055 million SLC per square kilometre | 0.0039 million SLC per square kilometre | 0.0083 million SLC per square kilometre | 10 |
| 1990s | 0.0067 million SLC per square kilometre | 0.0042 million SLC per square kilometre | 0.0106 million SLC per square kilometre | 10 |
| 2000s | 0.0158 million SLC per square kilometre | 0.0079 million SLC per square kilometre | 0.0275 million SLC per square kilometre | 10 |
| 2010s | 0.0325 million SLC per square kilometre | 0.0252 million SLC per square kilometre | 0.0383 million SLC per square kilometre | 10 |
| 2020s | 0.0305 million SLC per square kilometre | 0.0286 million SLC per square kilometre | 0.0339 million SLC per square kilometre | 4 |
Countries ranked near Oman
- 182 Canada 0.0546 million SLC per square kilometre compare
- 183 Namibia 0.0527 million SLC per square kilometre compare
- 184 Belize 0.0505 million SLC per square kilometre compare
- 186 East Timor 0.0228 million SLC per square kilometre compare
- 187 Sudan 0.0207 million SLC per square kilometre compare
- 188 Greenland 0.0196 million SLC per square kilometre 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)
- 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 — value standard local currency, 2015 in Oman?
- Gross fixed capital formation — value standard local currency, 2015 in Oman was 0.0303 million SLC per square kilometre in 2023, 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 0.0383 million SLC per square kilometre in 2016.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Oman?
- The lowest recorded value was 0.0014 million SLC per square kilometre in 1973.
- How does Oman rank for gross fixed capital formation — value standard local currency, 2015?
- Oman ranks 185th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Oman?
- Over the last ten years it is down 5.4%. 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, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.