Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Oman
Oman: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0787 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.0787 million USD per square kilometre
Change on year
up 3.2%
World rank
107th
of 194 countries
All-time high
0.0996 million USD per square kilometre
in 2016
All-time low
0.0037 million USD per square kilometre
in 1973
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Oman, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Oman recorded 0.0787 million USD per square kilometre for gross fixed capital formation — value us$, 2015 prices, per square in 2023.
The figure is up 3.2% on the previous year and down 5.4% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Oman peaked at 0.0996 million USD per square kilometre in 2016 and was at its lowest, 0.0037 million USD per square kilometre, in 1973.
That places Oman 107th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Oman, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0039 million USD per square kilometre | — |
| 1971 | 0.0039 million USD per square kilometre | +1.0% |
| 1972 | 0.0043 million USD per square kilometre | +9.4% |
| 1973 | 0.0037 million USD per square kilometre | -14.0% |
| 1974 | 0.0047 million USD per square kilometre | +28.0% |
| 1975 | 0.006 million USD per square kilometre | +28.6% |
| 1976 | 0.007 million USD per square kilometre | +15.9% |
| 1977 | 0.0083 million USD per square kilometre | +18.8% |
| 1978 | 0.0097 million USD per square kilometre | +16.8% |
| 1979 | 0.01 million USD per square kilometre | +3.3% |
| 1980 | 0.0107 million USD per square kilometre | +6.8% |
| 1981 | 0.0125 million USD per square kilometre | +16.9% |
| 1982 | 0.0149 million USD per square kilometre | +18.5% |
| 1983 | 0.0153 million USD per square kilometre | +3.1% |
| 1984 | 0.0171 million USD per square kilometre | +11.6% |
| 1985 | 0.0216 million USD per square kilometre | +26.4% |
| 1986 | 0.0186 million USD per square kilometre | -14.1% |
| 1987 | 0.0117 million USD per square kilometre | -37.2% |
| 1988 | 0.0102 million USD per square kilometre | -12.6% |
| 1989 | 0.0106 million USD per square kilometre | +3.7% |
| 1990 | 0.011 million USD per square kilometre | +4.2% |
| 1991 | 0.0126 million USD per square kilometre | +14.1% |
| 1992 | 0.0146 million USD per square kilometre | +16.2% |
| 1993 | 0.0161 million USD per square kilometre | +10.6% |
| 1994 | 0.0155 million USD per square kilometre | -4.2% |
| 1995 | 0.0161 million USD per square kilometre | +4.1% |
| 1996 | 0.0164 million USD per square kilometre | +1.8% |
| 1997 | 0.0221 million USD per square kilometre | +34.9% |
| 1998 | 0.0274 million USD per square kilometre | +24.2% |
| 1999 | 0.0234 million USD per square kilometre | -14.7% |
| 2000 | 0.0206 million USD per square kilometre | -12.1% |
| 2001 | 0.0224 million USD per square kilometre | +8.7% |
| 2002 | 0.0247 million USD per square kilometre | +10.3% |
| 2003 | 0.0293 million USD per square kilometre | +18.7% |
| 2004 | 0.0351 million USD per square kilometre | +20.0% |
| 2005 | 0.0409 million USD per square kilometre | +16.5% |
| 2006 | 0.042 million USD per square kilometre | +2.5% |
| 2007 | 0.0544 million USD per square kilometre | +29.6% |
| 2008 | 0.0716 million USD per square kilometre | +31.6% |
| 2009 | 0.0707 million USD per square kilometre | -1.2% |
| 2010 | 0.0655 million USD per square kilometre | -7.4% |
| 2011 | 0.0709 million USD per square kilometre | +8.2% |
| 2012 | 0.0759 million USD per square kilometre | +7.1% |
| 2013 | 0.0832 million USD per square kilometre | +9.6% |
| 2014 | 0.0854 million USD per square kilometre | +2.7% |
| 2015 | 0.0865 million USD per square kilometre | +1.3% |
| 2016 | 0.0996 million USD per square kilometre | +15.1% |
| 2017 | 0.0961 million USD per square kilometre | -3.5% |
| 2018 | 0.0966 million USD per square kilometre | +0.5% |
| 2019 | 0.0866 million USD per square kilometre | -10.4% |
| 2020 | 0.0882 million USD per square kilometre | +1.8% |
| 2021 | 0.0743 million USD per square kilometre | -15.7% |
| 2022 | 0.0762 million USD per square kilometre | +2.5% |
| 2023 | 0.0787 million USD per square kilometre | +3.2% |
Oman compared with similar countries
- Oman's 0.0787 million USD per square kilometre is below the median for high income countries, which is 0.6883 million USD per square kilometre, 11% of the median. (73 countries reporting)
- Oman's 0.0787 million USD per square kilometre is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.0759 million USD per square kilometre, 1.0× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0062 million USD per square kilometre | 0.0037 million USD per square kilometre | 0.01 million USD per square kilometre | 10 |
| 1980s | 0.0143 million USD per square kilometre | 0.0102 million USD per square kilometre | 0.0216 million USD per square kilometre | 10 |
| 1990s | 0.0175 million USD per square kilometre | 0.011 million USD per square kilometre | 0.0274 million USD per square kilometre | 10 |
| 2000s | 0.0412 million USD per square kilometre | 0.0206 million USD per square kilometre | 0.0716 million USD per square kilometre | 10 |
| 2010s | 0.0846 million USD per square kilometre | 0.0655 million USD per square kilometre | 0.0996 million USD per square kilometre | 10 |
| 2020s | 0.0793 million USD per square kilometre | 0.0743 million USD per square kilometre | 0.0882 million USD per square kilometre | 4 |
Countries ranked near Oman
- 104 Jordan 0.0819 million USD per square kilometre compare
- 105 Comoros 0.0815 million USD per square kilometre compare
- 106 Cuba 0.0791 million USD per square kilometre compare
- 108 Ecuador 0.0778 million USD per square kilometre compare
- 109 Morocco 0.073 million USD per square kilometre compare
- 110 Gambia 0.0703 million USD 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$), annual growth rate 4.77 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Oman?
- Gross fixed capital formation — value us$, 2015 prices, per square in Oman was 0.0787 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Oman?
- The highest recorded value was 0.0996 million USD per square kilometre in 2016.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Oman?
- The lowest recorded value was 0.0037 million USD per square kilometre in 1973.
- How does Oman rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Oman ranks 107th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Oman?
- Over the last ten years it is down 5.4%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 2015 prices 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.