Gross Fixed Capital Formation — Value US$ (US Value) in Oman
Oman: Gross Fixed Capital Formation — Value US$ (US Value) was 26,802 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Oman, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$ in Oman is 26,802 million USD, measured in 2024.
The figure is up 3.9% on the previous year and down 3.1% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Oman peaked at 29,525 million USD in 2016 and was at its lowest, 36.94 million USD, in 1970.
That places Oman 74th 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$ (US Value) in Oman, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 36.94 million USD | — |
| 1971 | 89.73 million USD | +142.9% |
| 1972 | 114.6 million USD | +27.7% |
| 1973 | 132.58 million USD | +15.7% |
| 1974 | 527.83 million USD | +298.1% |
| 1975 | 782.19 million USD | +48.2% |
| 1976 | 1,118 million USD | +42.9% |
| 1977 | 1,021 million USD | -8.7% |
| 1978 | 964.32 million USD | -5.5% |
| 1979 | 1,183 million USD | +22.6% |
| 1980 | 1,642 million USD | +38.8% |
| 1981 | 2,122 million USD | +29.2% |
| 1982 | 2,543 million USD | +19.8% |
| 1983 | 2,631 million USD | +3.5% |
| 1984 | 2,980 million USD | +13.3% |
| 1985 | 3,341 million USD | +12.1% |
| 1986 | 2,749 million USD | -17.7% |
| 1987 | 1,724 million USD | -37.3% |
| 1988 | 1,627 million USD | -5.6% |
| 1989 | 1,687 million USD | +3.7% |
| 1990 | 1,837 million USD | +8.9% |
| 1991 | 2,187 million USD | +19.0% |
| 1992 | 2,625 million USD | +20.0% |
| 1993 | 2,840 million USD | +8.2% |
| 1994 | 2,869 million USD | +1.0% |
| 1995 | 3,030 million USD | +5.6% |
| 1996 | 3,200 million USD | +5.6% |
| 1997 | 4,370 million USD | +36.6% |
| 1998 | 5,308 million USD | +21.5% |
| 1999 | 4,295 million USD | -19.1% |
| 2000 | 3,796 million USD | -11.6% |
| 2001 | 4,099 million USD | +8.0% |
| 2002 | 4,647 million USD | +13.4% |
| 2003 | 5,805 million USD | +24.9% |
| 2004 | 7,524 million USD | +29.6% |
| 2005 | 8,947 million USD | +18.9% |
| 2006 | 11,434 million USD | +27.8% |
| 2007 | 15,493 million USD | +35.5% |
| 2008 | 23,661 million USD | +52.7% |
| 2009 | 20,681 million USD | -12.6% |
| 2010 | 19,206 million USD | -7.1% |
| 2011 | 22,128 million USD | +15.2% |
| 2012 | 24,171 million USD | +9.2% |
| 2013 | 26,931 million USD | +11.4% |
| 2014 | 27,650 million USD | +2.7% |
| 2015 | 26,770 million USD | -3.2% |
| 2016 | 29,525 million USD | +10.3% |
| 2017 | 26,943 million USD | -8.7% |
| 2018 | 27,901 million USD | +3.6% |
| 2019 | 25,497 million USD | -8.6% |
| 2020 | 23,968 million USD | -6.0% |
| 2021 | 23,453 million USD | -2.1% |
| 2022 | 25,223 million USD | +7.5% |
| 2023 | 25,785 million USD | +2.2% |
| 2024 | 26,802 million USD | +3.9% |
Oman compared with similar countries
- Oman's 26,802 million USD is above the median for high income countries, which is 20,129 million USD, 1.3× the median. (73 countries reporting)
- Oman's 26,802 million USD is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 20,159 million USD, 1.3× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$ (US Value) 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 | +298.1% | 132.58 million USD | 527.83 million USD |
| 1971 | +142.9% | 36.94 million USD | 89.73 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 596.95 million USD | 36.94 million USD | 1,183 million USD | 10 |
| 1980s | 2,304 million USD | 1,627 million USD | 3,341 million USD | 10 |
| 1990s | 3,256 million USD | 1,837 million USD | 5,308 million USD | 10 |
| 2000s | 10,609 million USD | 3,796 million USD | 23,661 million USD | 10 |
| 2010s | 25,672 million USD | 19,206 million USD | 29,525 million USD | 10 |
| 2020s | 25,046 million USD | 23,453 million USD | 26,802 million USD | 5 |
Countries ranked near Oman
- 71 Ukraine 30,239 million USD compare
- 72 Panama 29,858 million USD compare
- 73 Ethiopia 27,434 million USD compare
- 75 Democratic Republic of the Congo 23,541 million USD compare
- 76 Côte d'Ivoire 23,078 million USD compare
- 76 Cote d'Ivoire 23,078 million USD 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)
- SDRs holdings, US dollar, annual growth rate 2.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 178.8 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0065 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 130.56 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.33 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0051 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Oman?
- Gross fixed capital formation — value us$ in Oman was 26,802 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Oman?
- The highest recorded value was 29,525 million USD in 2016.
- What is the lowest gross fixed capital formation — value us$ recorded in Oman?
- The lowest recorded value was 36.94 million USD in 1970.
- How does Oman rank for gross fixed capital formation — value us$?
- Oman ranks 74th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Oman?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).