Gross Fixed Capital Formation — Value Standard Local Currency, per in Oman
Oman: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.032 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Oman, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Oman is 0.032 million SLC per square kilometre, measured in 2023.
That represents a change of up 2.2% on the previous year and down 4.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Oman peaked at 0.0367 million SLC per square kilometre in 2016 and was at its lowest, 0 million SLC per square kilometre, in 1970.
Oman ranks 187th 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 square kilometre | Change |
|---|---|---|
| 1970 | 0 million SLC per square kilometre | — |
| 1971 | 0.0001 million SLC per square kilometre | +142.2% |
| 1972 | 0.0001 million SLC per square kilometre | +18.0% |
| 1973 | 0.0002 million SLC per square kilometre | +5.7% |
| 1974 | 0.0006 million SLC per square kilometre | +292.1% |
| 1975 | 0.0009 million SLC per square kilometre | +48.2% |
| 1976 | 0.0012 million SLC per square kilometre | +42.9% |
| 1977 | 0.0011 million SLC per square kilometre | -8.7% |
| 1978 | 0.0011 million SLC per square kilometre | -5.5% |
| 1979 | 0.0013 million SLC per square kilometre | +22.6% |
| 1980 | 0.0018 million SLC per square kilometre | +38.8% |
| 1981 | 0.0024 million SLC per square kilometre | +29.2% |
| 1982 | 0.0028 million SLC per square kilometre | +19.8% |
| 1983 | 0.0029 million SLC per square kilometre | +3.5% |
| 1984 | 0.0033 million SLC per square kilometre | +13.3% |
| 1985 | 0.0037 million SLC per square kilometre | +12.1% |
| 1986 | 0.0034 million SLC per square kilometre | -9.0% |
| 1987 | 0.0021 million SLC per square kilometre | -36.9% |
| 1988 | 0.002 million SLC per square kilometre | -5.6% |
| 1989 | 0.0021 million SLC per square kilometre | +3.7% |
| 1990 | 0.0023 million SLC per square kilometre | +8.9% |
| 1991 | 0.0027 million SLC per square kilometre | +19.0% |
| 1992 | 0.0033 million SLC per square kilometre | +20.0% |
| 1993 | 0.0035 million SLC per square kilometre | +8.2% |
| 1994 | 0.0036 million SLC per square kilometre | +1.0% |
| 1995 | 0.0038 million SLC per square kilometre | +5.6% |
| 1996 | 0.004 million SLC per square kilometre | +5.6% |
| 1997 | 0.0054 million SLC per square kilometre | +36.6% |
| 1998 | 0.0066 million SLC per square kilometre | +21.5% |
| 1999 | 0.0053 million SLC per square kilometre | -19.1% |
| 2000 | 0.0047 million SLC per square kilometre | -11.6% |
| 2001 | 0.0051 million SLC per square kilometre | +8.0% |
| 2002 | 0.0058 million SLC per square kilometre | +13.4% |
| 2003 | 0.0072 million SLC per square kilometre | +24.9% |
| 2004 | 0.0093 million SLC per square kilometre | +29.6% |
| 2005 | 0.0111 million SLC per square kilometre | +18.9% |
| 2006 | 0.0142 million SLC per square kilometre | +27.8% |
| 2007 | 0.0192 million SLC per square kilometre | +35.5% |
| 2008 | 0.0294 million SLC per square kilometre | +52.7% |
| 2009 | 0.0257 million SLC per square kilometre | -12.6% |
| 2010 | 0.0239 million SLC per square kilometre | -7.1% |
| 2011 | 0.0275 million SLC per square kilometre | +15.2% |
| 2012 | 0.03 million SLC per square kilometre | +9.2% |
| 2013 | 0.0335 million SLC per square kilometre | +11.4% |
| 2014 | 0.0343 million SLC per square kilometre | +2.7% |
| 2015 | 0.0333 million SLC per square kilometre | -3.2% |
| 2016 | 0.0367 million SLC per square kilometre | +10.3% |
| 2017 | 0.0335 million SLC per square kilometre | -8.7% |
| 2018 | 0.0347 million SLC per square kilometre | +3.6% |
| 2019 | 0.0317 million SLC per square kilometre | -8.6% |
| 2020 | 0.0298 million SLC per square kilometre | -6.0% |
| 2021 | 0.0291 million SLC per square kilometre | -2.1% |
| 2022 | 0.0313 million SLC per square kilometre | +7.5% |
| 2023 | 0.032 million SLC per square kilometre | +2.2% |
Oman compared with similar countries
- Oman's 0.032 million SLC per square kilometre is below the median for high income countries, which is 2.4 million SLC per square kilometre, 1% of the median. (73 countries reporting)
- Oman's 0.032 million SLC per square kilometre is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.14 million SLC per square kilometre, 1% 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 | +292.1% | 0.0002 million SLC per square kilometre | 0.0006 million SLC per square kilometre |
| 1971 | +142.2% | 0 million SLC per square kilometre | 0.0001 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0007 million SLC per square kilometre | 0 million SLC per square kilometre | 0.0013 million SLC per square kilometre | 10 |
| 1980s | 0.0027 million SLC per square kilometre | 0.0018 million SLC per square kilometre | 0.0037 million SLC per square kilometre | 10 |
| 1990s | 0.004 million SLC per square kilometre | 0.0023 million SLC per square kilometre | 0.0066 million SLC per square kilometre | 10 |
| 2000s | 0.0132 million SLC per square kilometre | 0.0047 million SLC per square kilometre | 0.0294 million SLC per square kilometre | 10 |
| 2010s | 0.0319 million SLC per square kilometre | 0.0239 million SLC per square kilometre | 0.0367 million SLC per square kilometre | 10 |
| 2020s | 0.0306 million SLC per square kilometre | 0.0291 million SLC per square kilometre | 0.032 million SLC per square kilometre | 4 |
Countries ranked near Oman
- 184 Namibia 0.0726 million SLC per square kilometre compare
- 185 Jordan 0.0648 million SLC per square kilometre compare
- 186 Belize 0.0579 million SLC per square kilometre compare
- 188 East Timor 0.0243 million SLC per square kilometre compare
- 189 Eritrea 0.021 million SLC per square kilometre compare
- 190 Libya 0.0193 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, per in Oman?
- Gross fixed capital formation — value standard local currency, per in Oman was 0.032 million SLC per square kilometre in 2023, 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 0.0367 million SLC per square kilometre in 2016.
- 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 square kilometre in 1970.
- How does Oman rank for gross fixed capital formation — value standard local currency, per?
- Oman ranks 187th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Oman?
- Over the last ten years it is down 4.3%. 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 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.