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Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Oman

Gross capital formation (% of GDP) in Oman in 2024 — 24.8%. Ranked 62 in the world out of 169. Since 1967, the indicator has fallen by 6.3 pp.

2024 24.8% −1.8 pp vs 2023
World rank 62of 169
Period maximum 42%2008
Period minimum 9.3%1969

Trend over time

1967–2024 · % of GDP

Gross capital formation (% of GDP) — Oman, 1967–20240204060196719731979198519911997200320092015202120241967: 31.2%1968: 12.6%1969: 9.3%1970: 13.8%1971: 28.5%1972: 29.8%1973: 26.2%1974: 30.6%1975: 35.6%1976: 35.9%1977: 30.6%1978: 28.9%1979: 26%1980: 22.3%1981: 23%1982: 26.6%1983: 26.5%1984: 30%1985: 27.6%1986: 32.1%1987: 18.8%1988: 15.9%1989: 12.3%1990: 10.8%1991: 13.2%1992: 14.4%1993: 15.4%1994: 13.8%1995: 13.2%1996: 12%1997: 15.5%1998: 38.1%1999: 27.6%2000: 22.6%2001: 24.1%2002: 26%2003: 29.4%2004: 33.7%2005: 28.4%2006: 33.6%2007: 39.8%2008: 42%2009: 34.1%2010: 29.4%2011: 27.7%2012: 30.2%2013: 32.4%2014: 28.6%2015: 36.4%2016: 36.1%2017: 33.8%2018: 31.7%2019: 26.9%2020: 27.6%2021: 27.9%2022: 27.3%2023: 26.7%2024: 24.8%
Change over the period: −6.3 pp Annual average: -0.11 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Oman

Oman 24.8%
World 26.3%
Middle East & North Africa 27%
Western Asia computed 27.8%
High-income countries computed 22.6%
Gross capital formation (% of GDP) — Oman, by year Oman All countries CSV XLSX
Year % Change, pp
2024 24.8 −1.8 pp
2023 26.7 −0.7 pp
2022 27.3 −0.5 pp
2021 27.9 +0.2 pp
2020 27.6 +0.8 pp
2019 26.9 −4.8 pp
2018 31.7 −2.2 pp
2017 33.8 −2.2 pp
2016 36.1 −0.3 pp
2015 36.4 +7.7 pp
2014 28.6 −3.7 pp
2013 32.4 +2.1 pp
2012 30.2 +2.5 pp
2011 27.7 −1.7 pp
2010 29.4 −4.7 pp
2009 34.1 −7.9 pp
2008 42 +2.2 pp
2007 39.8 +6.2 pp
2006 33.6 +5.2 pp
2005 28.4 −5.3 pp
2004 33.7 +4.3 pp
2003 29.4 +3.4 pp
2002 26 +1.9 pp
2001 24.1 +1.5 pp
2000 22.6 −5.1 pp
1999 27.6 −10.5 pp
1998 38.1 +22.7 pp
1997 15.5 +3.5 pp
1996 12 −1.1 pp
1995 13.2 −0.7 pp
1994 13.8 −1.6 pp
1993 15.4 +1 pp
1992 14.4 +1.2 pp
1991 13.2 +2.3 pp
1990 10.8 −1.5 pp
1989 12.3 −3.5 pp
1988 15.9 −2.9 pp
1987 18.8 −13.3 pp
1986 32.1 +4.5 pp
1985 27.6 −2.4 pp
1984 30 +3.5 pp
1983 26.5 −0.1 pp
1982 26.6 +3.6 pp
1981 23 +0.7 pp
1980 22.3 −3.7 pp
1979 26 −2.9 pp
1978 28.9 −1.7 pp
1977 30.6 −5.2 pp
1976 35.9 +0.2 pp
1975 35.6 +5 pp
1974 30.6 +4.4 pp
1973 26.2 −3.6 pp
1972 29.8 +1.4 pp
1971 28.5 +14.7 pp
1970 13.8 +4.5 pp
1969 9.3 −3.3 pp
1968 12.6 −18.6 pp
1967 31.2 —

Western Asia, 2024

The same indicator for neighboring countries — with links to their pages

SA Saudi Arabia 31.7 TR Türkiye 30.7 BH Bahrain 28.4 OM Oman 24.8 GE Georgia 24.5 AM Armenia 23.8 IL Israel 23.8 PS Palestine 23.6 AZ Azerbaijan 20.7 CY Cyprus 20.7 IQ Iraq 19.1 KW Kuwait 15.1 LB Lebanon 1.4
Full table for all countries

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Oman

Economy Gross capital formation in US dollars

How much a country puts in each year into buildings, equipment, infrastructure and inventories.

Oman by year Economy Gross national savings

What part of its income a country saves rather than consumes.

Oman by year Business FDI inflows (% of GDP)

Inflows of direct investment relative to the size of the economy.

Oman by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Oman by year
All indicators for Oman