Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Oman
Oman: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 9,660 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Oman, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Oman recorded 9,660 million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024.
That represents a change of up 3.2% on the previous year and down 5.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Oman peaked at 11,849 million SLC in 2016 and was at its lowest, 437.23 million SLC, in 1973.
Oman ranks 137th of 194 countries on this measure, 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
| Year | million SLC | Change |
|---|---|---|
| 1970 | 460.27 million SLC | — |
| 1971 | 464.82 million SLC | +1.0% |
| 1972 | 508.41 million SLC | +9.4% |
| 1973 | 437.23 million SLC | -14.0% |
| 1974 | 559.79 million SLC | +28.0% |
| 1975 | 719.68 million SLC | +28.6% |
| 1976 | 833.89 million SLC | +15.9% |
| 1977 | 990.38 million SLC | +18.8% |
| 1978 | 1,157 million SLC | +16.8% |
| 1979 | 1,195 million SLC | +3.3% |
| 1980 | 1,276 million SLC | +6.8% |
| 1981 | 1,492 million SLC | +16.9% |
| 1982 | 1,768 million SLC | +18.5% |
| 1983 | 1,824 million SLC | +3.1% |
| 1984 | 2,035 million SLC | +11.6% |
| 1985 | 2,572 million SLC | +26.4% |
| 1986 | 2,210 million SLC | -14.1% |
| 1987 | 1,388 million SLC | -37.2% |
| 1988 | 1,213 million SLC | -12.6% |
| 1989 | 1,257 million SLC | +3.7% |
| 1990 | 1,310 million SLC | +4.2% |
| 1991 | 1,495 million SLC | +14.1% |
| 1992 | 1,737 million SLC | +16.2% |
| 1993 | 1,920 million SLC | +10.6% |
| 1994 | 1,840 million SLC | -4.2% |
| 1995 | 1,915 million SLC | +4.1% |
| 1996 | 1,949 million SLC | +1.8% |
| 1997 | 2,629 million SLC | +34.9% |
| 1998 | 3,266 million SLC | +24.2% |
| 1999 | 2,787 million SLC | -14.7% |
| 2000 | 2,449 million SLC | -12.1% |
| 2001 | 2,661 million SLC | +8.7% |
| 2002 | 2,936 million SLC | +10.3% |
| 2003 | 3,483 million SLC | +18.7% |
| 2004 | 4,182 million SLC | +20.0% |
| 2005 | 4,871 million SLC | +16.5% |
| 2006 | 4,994 million SLC | +2.5% |
| 2007 | 6,470 million SLC | +29.6% |
| 2008 | 8,517 million SLC | +31.6% |
| 2009 | 8,419 million SLC | -1.2% |
| 2010 | 7,792 million SLC | -7.4% |
| 2011 | 8,433 million SLC | +8.2% |
| 2012 | 9,033 million SLC | +7.1% |
| 2013 | 9,897 million SLC | +9.6% |
| 2014 | 10,165 million SLC | +2.7% |
| 2015 | 10,293 million SLC | +1.3% |
| 2016 | 11,849 million SLC | +15.1% |
| 2017 | 11,440 million SLC | -3.5% |
| 2018 | 11,498 million SLC | +0.5% |
| 2019 | 10,301 million SLC | -10.4% |
| 2020 | 10,491 million SLC | +1.8% |
| 2021 | 8,845 million SLC | -15.7% |
| 2022 | 9,070 million SLC | +2.5% |
| 2023 | 9,364 million SLC | +3.2% |
| 2024 | 9,660 million SLC | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 732.64 million SLC | 437.23 million SLC | 1,195 million SLC | 10 |
| 1980s | 1,703 million SLC | 1,213 million SLC | 2,572 million SLC | 10 |
| 1990s | 2,085 million SLC | 1,310 million SLC | 3,266 million SLC | 10 |
| 2000s | 4,898 million SLC | 2,449 million SLC | 8,517 million SLC | 10 |
| 2010s | 10,070 million SLC | 7,792 million SLC | 11,849 million SLC | 10 |
| 2020s | 9,486 million SLC | 8,845 million SLC | 10,491 million SLC | 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)
- GNI, Atlas method (current US$), annual growth rate 2.38 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9625 current US$ per US$ of GDP (2024)
- GNI, Atlas method (current US$), per capita 19,524 current US$ per person (2024)
- GNI (current US$), annual growth rate 0.6319 % change on previous year (2024)
- GNI (current US$), per unit of GDP 0.9424 current US$ per US$ of GDP (2024)
- GNI (current US$), per capita 19,118 current US$ per person (2024)
- GNI (current LCU), annual growth rate 0.6319 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 0.3624 current LCU per US$ of GDP (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 9,660 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Oman?
- The highest recorded value was 11,849 million SLC in 2016.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Oman?
- The lowest recorded value was 437.23 million SLC in 1973.
- How does Oman rank for gross fixed capital formation — value standard local currency, 2015?
- Oman ranks 137th out of 194 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 down 5.0%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).