Gross Fixed Capital Formation — Value Standard Local Currency, per in Oman
Oman: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.002 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Oman, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross fixed capital formation — value standard local currency, per in Oman stood at 0.002 million SLC per person.
The figure is down 0.6% on the previous year and down 26.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Oman peaked at 0.0035 million SLC per person in 2008 and was at its lowest, 0 million SLC per person, in 1970.
Oman ranks 181st of 194 countries on this measure, 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, per in Oman, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0 million SLC per person | — |
| 1971 | 0.0001 million SLC per person | +135.6% |
| 1972 | 0.0001 million SLC per person | +14.7% |
| 1973 | 0.0001 million SLC per person | +2.7% |
| 1974 | 0.0002 million SLC per person | +278.6% |
| 1975 | 0.0003 million SLC per person | +42.1% |
| 1976 | 0.0005 million SLC per person | +36.6% |
| 1977 | 0.0004 million SLC per person | -13.0% |
| 1978 | 0.0004 million SLC per person | -10.2% |
| 1979 | 0.0004 million SLC per person | +16.3% |
| 1980 | 0.0006 million SLC per person | +31.6% |
| 1981 | 0.0007 million SLC per person | +22.4% |
| 1982 | 0.0008 million SLC per person | +13.4% |
| 1983 | 0.0008 million SLC per person | -2.1% |
| 1984 | 0.0008 million SLC per person | +7.3% |
| 1985 | 0.0009 million SLC per person | +5.5% |
| 1986 | 0.0007 million SLC per person | -14.7% |
| 1987 | 0.0004 million SLC per person | -40.6% |
| 1988 | 0.0004 million SLC per person | -10.8% |
| 1989 | 0.0004 million SLC per person | -1.7% |
| 1990 | 0.0004 million SLC per person | +3.5% |
| 1991 | 0.0005 million SLC per person | +13.4% |
| 1992 | 0.0005 million SLC per person | +14.6% |
| 1993 | 0.0005 million SLC per person | +3.7% |
| 1994 | 0.0005 million SLC per person | -1.9% |
| 1995 | 0.0005 million SLC per person | +3.7% |
| 1996 | 0.0006 million SLC per person | +3.8% |
| 1997 | 0.0008 million SLC per person | +34.5% |
| 1998 | 0.0009 million SLC per person | +19.7% |
| 1999 | 0.0007 million SLC per person | -20.2% |
| 2000 | 0.0006 million SLC per person | -12.7% |
| 2001 | 0.0007 million SLC per person | +6.7% |
| 2002 | 0.0008 million SLC per person | +12.1% |
| 2003 | 0.0009 million SLC per person | +23.5% |
| 2004 | 0.0012 million SLC per person | +27.4% |
| 2005 | 0.0014 million SLC per person | +16.3% |
| 2006 | 0.0017 million SLC per person | +25.0% |
| 2007 | 0.0023 million SLC per person | +32.6% |
| 2008 | 0.0035 million SLC per person | +49.4% |
| 2009 | 0.003 million SLC per person | -14.5% |
| 2010 | 0.0027 million SLC per person | -9.6% |
| 2011 | 0.0028 million SLC per person | +3.3% |
| 2012 | 0.0026 million SLC per person | -5.2% |
| 2013 | 0.0027 million SLC per person | +3.1% |
| 2014 | 0.0027 million SLC per person | -1.7% |
| 2015 | 0.0025 million SLC per person | -7.4% |
| 2016 | 0.0026 million SLC per person | +5.1% |
| 2017 | 0.0023 million SLC per person | -11.7% |
| 2018 | 0.0023 million SLC per person | +2.2% |
| 2019 | 0.0021 million SLC per person | -8.5% |
| 2020 | 0.002 million SLC per person | -4.6% |
| 2021 | 0.002 million SLC per person | -1.7% |
| 2022 | 0.0021 million SLC per person | +2.3% |
| 2023 | 0.002 million SLC per person | -4.2% |
| 2024 | 0.002 million SLC per person | -0.6% |
Oman compared with similar countries
- Oman's 0.002 million SLC per person is below the median for high income countries, which is 0.0157 million SLC per person, 12% of the median. (73 countries reporting)
- Oman's 0.002 million SLC per person is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.0225 million SLC per person, 9% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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 | +278.6% | 0.0001 million SLC per person | 0.0002 million SLC per person |
| 1971 | +135.6% | 0 million SLC per person | 0.0001 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0002 million SLC per person | 0 million SLC per person | 0.0005 million SLC per person | 10 |
| 1980s | 0.0006 million SLC per person | 0.0004 million SLC per person | 0.0009 million SLC per person | 10 |
| 1990s | 0.0006 million SLC per person | 0.0004 million SLC per person | 0.0009 million SLC per person | 10 |
| 2000s | 0.0016 million SLC per person | 0.0006 million SLC per person | 0.0035 million SLC per person | 10 |
| 2010s | 0.0025 million SLC per person | 0.0021 million SLC per person | 0.0028 million SLC per person | 10 |
| 2020s | 0.002 million SLC per person | 0.002 million SLC per person | 0.0021 million SLC per person | 5 |
Countries ranked near Oman
- 178 Fiji 0.0024 million SLC per person compare
- 179 Kuwait 0.0021 million SLC per person compare
- 180 Tunisia 0.002 million SLC per person compare
- 182 Azerbaijan 0.0018 million SLC per person compare
- 183 Marshall Islands 0.0015 million SLC per person compare
- 184 Cuba 0.0014 million SLC per person 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, per in Oman?
- Gross fixed capital formation — value standard local currency, per in Oman was 0.002 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Oman?
- The highest recorded value was 0.0035 million SLC per person in 2008.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Oman?
- The lowest recorded value was 0 million SLC per person in 1970.
- How does Oman rank for gross fixed capital formation — value standard local currency, per?
- Oman ranks 181st out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Oman?
- Over the last ten years it is down 26.5%. 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, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 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 divided by Population, total, 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 ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.