Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Oman
Oman: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth was 3.15 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Oman, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices, annual growth in Oman stood at 3.15 % change on previous year.
The figure is down 2.8% on the previous year and up 16.5% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, annual growth in Oman peaked at 34.88 % change on previous year in 1997 and was at its lowest, -37.2 % change on previous year, in 1987.
That places Oman 106th out of 235 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Oman, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 0.9882 % change on previous year | — |
| 1972 | 9.38 % change on previous year | +848.9% |
| 1973 | -14 % change on previous year | -249.3% |
| 1974 | 28.03 % change on previous year | -300.2% |
| 1975 | 28.56 % change on previous year | +1.9% |
| 1976 | 15.87 % change on previous year | -44.4% |
| 1977 | 18.77 % change on previous year | +18.3% |
| 1978 | 16.8 % change on previous year | -10.5% |
| 1979 | 3.32 % change on previous year | -80.3% |
| 1980 | 6.79 % change on previous year | +104.9% |
| 1981 | 16.89 % change on previous year | +148.7% |
| 1982 | 18.51 % change on previous year | +9.6% |
| 1983 | 3.13 % change on previous year | -83.1% |
| 1984 | 11.61 % change on previous year | +270.8% |
| 1985 | 26.37 % change on previous year | +127.2% |
| 1986 | -14.06 % change on previous year | -153.3% |
| 1987 | -37.2 % change on previous year | +164.5% |
| 1988 | -12.64 % change on previous year | -66.0% |
| 1989 | 3.68 % change on previous year | -129.1% |
| 1990 | 4.22 % change on previous year | +14.8% |
| 1991 | 14.12 % change on previous year | +234.3% |
| 1992 | 16.16 % change on previous year | +14.4% |
| 1993 | 10.56 % change on previous year | -34.6% |
| 1994 | -4.17 % change on previous year | -139.5% |
| 1995 | 4.08 % change on previous year | -197.9% |
| 1996 | 1.78 % change on previous year | -56.4% |
| 1997 | 34.88 % change on previous year | +1858.0% |
| 1998 | 24.22 % change on previous year | -30.6% |
| 1999 | -14.67 % change on previous year | -160.6% |
| 2000 | -12.12 % change on previous year | -17.4% |
| 2001 | 8.66 % change on previous year | -171.5% |
| 2002 | 10.31 % change on previous year | +19.0% |
| 2003 | 18.66 % change on previous year | +81.0% |
| 2004 | 20.04 % change on previous year | +7.4% |
| 2005 | 16.48 % change on previous year | -17.8% |
| 2006 | 2.53 % change on previous year | -84.7% |
| 2007 | 29.56 % change on previous year | +1070.4% |
| 2008 | 31.65 % change on previous year | +7.1% |
| 2009 | -1.15 % change on previous year | -103.6% |
| 2010 | -7.45 % change on previous year | +546.2% |
| 2011 | 8.23 % change on previous year | -210.5% |
| 2012 | 7.11 % change on previous year | -13.6% |
| 2013 | 9.56 % change on previous year | +34.3% |
| 2014 | 2.71 % change on previous year | -71.7% |
| 2015 | 1.27 % change on previous year | -53.3% |
| 2016 | 15.12 % change on previous year | +1094.2% |
| 2017 | -3.45 % change on previous year | -122.8% |
| 2018 | 0.5078 % change on previous year | -114.7% |
| 2019 | -10.41 % change on previous year | -2150.2% |
| 2020 | 1.85 % change on previous year | -117.7% |
| 2021 | -15.69 % change on previous year | -950.4% |
| 2022 | 2.54 % change on previous year | -116.2% |
| 2023 | 3.24 % change on previous year | +27.6% |
| 2024 | 3.15 % change on previous year | -2.8% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 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 |
|---|---|---|---|
| 2019 | -2150.2% | 0.5078 % change on previous year | -10.41 % change on previous year |
| 1997 | +1858.0% | 1.78 % change on previous year | 34.88 % change on previous year |
| 2016 | +1094.2% | 1.27 % change on previous year | 15.12 % change on previous year |
| 2007 | +1070.4% | 2.53 % change on previous year | 29.56 % change on previous year |
| 2021 | -950.4% | 1.85 % change on previous year | -15.69 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.97 % change on previous year | -14 % change on previous year | 28.56 % change on previous year | 9 |
| 1980s | 2.31 % change on previous year | -37.2 % change on previous year | 26.37 % change on previous year | 10 |
| 1990s | 9.12 % change on previous year | -14.67 % change on previous year | 34.88 % change on previous year | 10 |
| 2000s | 12.46 % change on previous year | -12.12 % change on previous year | 31.65 % change on previous year | 10 |
| 2010s | 2.32 % change on previous year | -10.41 % change on previous year | 15.12 % change on previous year | 10 |
| 2020s | -0.9809 % change on previous year | -15.69 % change on previous year | 3.24 % change on previous year | 5 |
Countries ranked near Oman
- 103 Turkmenistan 3.21 % change on previous year compare
- 104 Tonga 3.21 % change on previous year compare
- 105 United Arab Emirates 3.16 % change on previous year compare
- 107 Bolivia (Plurinational State of) 3.13 % change on previous year compare
- 108 Bahrain 3.13 % change on previous year compare
- 109 Qatar 3.08 % 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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, annual growth in Oman?
- Gross fixed capital formation — value us$, 2015 prices, annual growth in Oman was 3.15 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Oman?
- The highest recorded value was 34.88 % change on previous year in 1997.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Oman?
- The lowest recorded value was -37.2 % change on previous year in 1987.
- How does Oman rank for gross fixed capital formation — value us$, 2015 prices, annual growth?
- Oman ranks 106th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices, annual growth rising or falling in Oman?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, 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 US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices 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 US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.