Gross Fixed Capital Formation — Value Standard Local Currency, annual in Oman
Oman: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 3.94 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Oman, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value standard local currency, annual in Oman stood at 3.94 % change on previous year.
That represents a change of up 77.0% on the previous year and up 47.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Oman peaked at 292.12 % change on previous year in 1974 and was at its lowest, -36.89 % change on previous year, in 1987.
Oman ranks 158th of 230 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, annual in Oman, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 142.18 % change on previous year | — |
| 1972 | 17.98 % change on previous year | -87.4% |
| 1973 | 5.71 % change on previous year | -68.2% |
| 1974 | 292.12 % change on previous year | +5012.1% |
| 1975 | 48.19 % change on previous year | -83.5% |
| 1976 | 42.94 % change on previous year | -10.9% |
| 1977 | -8.7 % change on previous year | -120.3% |
| 1978 | -5.53 % change on previous year | -36.5% |
| 1979 | 22.63 % change on previous year | -509.5% |
| 1980 | 38.85 % change on previous year | +71.7% |
| 1981 | 29.23 % change on previous year | -24.8% |
| 1982 | 19.83 % change on previous year | -32.2% |
| 1983 | 3.47 % change on previous year | -82.5% |
| 1984 | 13.27 % change on previous year | +282.5% |
| 1985 | 12.09 % change on previous year | -8.9% |
| 1986 | -8.99 % change on previous year | -174.4% |
| 1987 | -36.89 % change on previous year | +310.1% |
| 1988 | -5.61 % change on previous year | -84.8% |
| 1989 | 3.7 % change on previous year | -166.0% |
| 1990 | 8.9 % change on previous year | +140.5% |
| 1991 | 19.04 % change on previous year | +113.9% |
| 1992 | 20 % change on previous year | +5.0% |
| 1993 | 8.21 % change on previous year | -59.0% |
| 1994 | 1.03 % change on previous year | -87.4% |
| 1995 | 5.58 % change on previous year | +439.4% |
| 1996 | 5.61 % change on previous year | +0.6% |
| 1997 | 36.58 % change on previous year | +551.6% |
| 1998 | 21.46 % change on previous year | -41.3% |
| 1999 | -19.09 % change on previous year | -189.0% |
| 2000 | -11.62 % change on previous year | -39.1% |
| 2001 | 8 % change on previous year | -168.8% |
| 2002 | 13.36 % change on previous year | +67.0% |
| 2003 | 24.93 % change on previous year | +86.6% |
| 2004 | 29.6 % change on previous year | +18.7% |
| 2005 | 18.92 % change on previous year | -36.1% |
| 2006 | 27.8 % change on previous year | +47.0% |
| 2007 | 35.5 % change on previous year | +27.7% |
| 2008 | 52.72 % change on previous year | +48.5% |
| 2009 | -12.59 % change on previous year | -123.9% |
| 2010 | -7.14 % change on previous year | -43.3% |
| 2011 | 15.21 % change on previous year | -313.2% |
| 2012 | 9.23 % change on previous year | -39.3% |
| 2013 | 11.42 % change on previous year | +23.6% |
| 2014 | 2.67 % change on previous year | -76.6% |
| 2015 | -3.18 % change on previous year | -219.1% |
| 2016 | 10.29 % change on previous year | -423.6% |
| 2017 | -8.75 % change on previous year | -185.0% |
| 2018 | 3.56 % change on previous year | -140.7% |
| 2019 | -8.62 % change on previous year | -342.2% |
| 2020 | -6 % change on previous year | -30.4% |
| 2021 | -2.15 % change on previous year | -64.2% |
| 2022 | 7.55 % change on previous year | -451.3% |
| 2023 | 2.23 % change on previous year | -70.5% |
| 2024 | 3.94 % change on previous year | +77.0% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual 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.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +5012.1% | 5.71 % change on previous year | 292.12 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 61.95 % change on previous year | -8.7 % change on previous year | 292.12 % change on previous year | 9 |
| 1980s | 6.9 % change on previous year | -36.89 % change on previous year | 38.85 % change on previous year | 10 |
| 1990s | 10.73 % change on previous year | -19.09 % change on previous year | 36.58 % change on previous year | 10 |
| 2000s | 18.66 % change on previous year | -12.59 % change on previous year | 52.72 % change on previous year | 10 |
| 2010s | 2.47 % change on previous year | -8.75 % change on previous year | 15.21 % change on previous year | 10 |
| 2020s | 1.12 % change on previous year | -6 % change on previous year | 7.55 % change on previous year | 5 |
Countries ranked near Oman
- 155 Micronesia (Federated States of) 4.21 % change on previous year compare
- 156 Fiji 4.18 % change on previous year compare
- 157 British Virgin Islands 4.09 % change on previous year compare
- 159 Denmark 3.88 % change on previous year compare
- 160 Albania 3.81 % change on previous year compare
- 161 United Kingdom 3.79 % change on previous year compare
- 161 United Kingdom of Great Britain and Northern Ireland 3.79 % change on previous year 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, annual in Oman?
- Gross fixed capital formation — value standard local currency, annual in Oman was 3.94 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Oman?
- The highest recorded value was 292.12 % change on previous year in 1974.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Oman?
- The lowest recorded value was -36.89 % change on previous year in 1987.
- How does Oman rank for gross fixed capital formation — value standard local currency, annual?
- Oman ranks 158th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Oman?
- Over the last ten years it is up 47.7%. 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, annual growth rate. 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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.