Oman - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Oman was $15,346,680,000 as of 2020. Over the past 53 years, the value for this indicator has fluctuated between $29,100,130,000 in 2013 and $22,318,210 in 1969.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1967 $33,416,180
1968 $23,758,100
1969 $22,318,210
1970 $35,277,180
1971 $85,659,290
1972 $109,432,000
1973 $126,603,900
1974 $504,053,300
1975 $746,960,100
1976 $918,066,000
1977 $839,316,200
1978 $791,835,300
1979 $971,047,700
1980 $1,333,527,000
1981 $1,666,474,000
1982 $2,009,265,000
1983 $2,100,753,000
1984 $2,643,891,000
1985 $2,759,409,000
1986 $2,351,833,000
1987 $1,467,620,000
1988 $1,329,259,000
1989 $1,155,266,000
1990 $1,442,913,000
1991 $1,703,511,000
1992 $2,036,411,000
1993 $2,190,637,000
1994 $2,033,810,000
1995 $2,067,620,000
1996 $2,092,328,000
1997 $2,794,538,000
1998 $4,766,432,000
1999 $3,402,561,000
2000 $2,998,490,000
2001 $3,348,158,000
2002 $3,828,040,000
2003 $5,019,304,000
2004 $6,909,372,000
2005 $6,659,693,000
2006 $10,104,630,000
2007 $14,339,810,000
2008 $22,217,250,000
2009 $13,649,290,000
2010 $13,022,840,000
2011 $21,437,190,000
2012 $26,406,240,000
2013 $29,100,130,000
2014 $26,532,120,000
2015 $28,628,350,000
2016 $27,111,310,000
2017 $27,364,630,000
2018 $28,984,660,000
2019 $23,657,480,000
2020 $15,346,680,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Oman was 5,900,800,000 as of 2020. As the graph below shows, over the past 53 years this indicator reached a maximum value of 11,189,000,000 in 2013 and a minimum value of 9,300,000 in 1969.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1967 12,100,000
1968 9,900,000
1969 9,300,000
1970 14,700,000
1971 35,600,000
1972 42,000,000
1973 44,400,000
1974 174,100,000
1975 258,000,000
1976 317,100,000
1977 289,899,800
1978 273,499,900
1979 335,399,900
1980 460,600,100
1981 575,600,100
1982 694,000,100
1983 725,600,000
1984 913,199,900
1985 953,100,000
1986 898,400,000
1987 564,300,000
1988 511,100,200
1989 444,199,900
1990 554,800,000
1991 655,000,000
1992 783,000,000
1993 842,300,000
1994 782,000,000
1995 795,000,000
1996 804,500,000
1997 1,074,500,000
1998 1,832,693,000
1999 1,308,285,000
2000 1,152,919,000
2001 1,287,367,000
2002 1,471,882,000
2003 1,929,922,000
2004 2,656,653,000
2005 2,560,652,000
2006 3,885,232,000
2007 5,513,658,000
2008 8,542,535,000
2009 5,248,152,000
2010 5,007,284,000
2011 8,242,600,000
2012 10,153,200,000
2013 11,189,000,000
2014 10,201,600,000
2015 11,007,600,000
2016 10,424,300,000
2017 10,521,700,000
2018 11,144,600,000
2019 9,096,300,000
2020 5,900,800,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Oman was 31,695,970,000 as of 2020. Over the past 22 years, the value for this indicator has fluctuated between 32,468,370,000 in 2017 and 6,014,054,000 in 2005.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1998 12,183,450,000
1999 9,786,474,000
2000 6,955,437,000
2001 7,688,624,000
2002 8,618,668,000
2003 9,322,067,000
2004 12,780,120,000
2005 6,014,054,000
2006 15,636,760,000
2007 21,682,570,000
2008 27,388,050,000
2009 21,928,990,000
2010 19,858,530,000
2011 22,001,050,000
2012 26,475,440,000
2013 28,918,330,000
2014 24,048,900,000
2015 28,628,350,000
2016 30,122,490,000
2017 32,468,370,000
2018 29,868,420,000
2019 27,390,420,000
2020 31,695,970,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Oman was 15.72 as of 2020. As the graph below shows, over the past 21 years this indicator reached a maximum value of 160.00 in 2006 and a minimum value of -52.94 in 2005.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1999 -19.67
2000 -28.93
2001 10.54
2002 12.10
2003 8.16
2004 37.10
2005 -52.94
2006 160.00
2007 38.66
2008 26.31
2009 -19.93
2010 -9.44
2011 10.79
2012 20.34
2013 9.23
2014 -16.84
2015 19.04
2016 5.22
2017 7.79
2018 -8.01
2019 -8.30
2020 15.72

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Oman was 11,826,500,000 as of 2020. As the graph below shows, over the past 22 years this indicator reached a maximum value of 12,114,700,000 in 2017 and a minimum value of 2,243,983,000 in 2005.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1998 4,545,926,000
1999 3,651,560,000
2000 2,595,235,000
2001 2,868,804,000
2002 3,215,825,000
2003 3,478,279,000
2004 4,768,558,000
2005 2,243,983,000
2006 5,834,437,000
2007 8,090,267,000
2008 10,219,120,000
2009 8,182,214,000
2010 7,409,678,000
2011 8,209,100,000
2012 9,878,600,000
2013 10,790,100,000
2014 8,973,200,000
2015 10,681,900,000
2016 11,239,400,000
2017 12,114,700,000
2018 11,144,600,000
2019 10,220,000,000
2020 11,826,500,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Oman was 20.75 as of 2020. Its highest value over the past 53 years was 36.48 in 2008, while its lowest value was 9.30 in 1969.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1967 31.19
1968 12.58
1969 9.30
1970 13.76
1971 28.46
1972 29.83
1973 26.21
1974 30.62
1975 35.63
1976 35.86
1977 30.62
1978 28.90
1979 26.01
1980 22.29
1981 22.96
1982 26.60
1983 26.48
1984 29.97
1985 27.58
1986 32.11
1987 18.79
1988 15.85
1989 12.33
1990 12.35
1991 15.02
1992 16.35
1993 17.53
1994 15.74
1995 14.98
1996 13.70
1997 17.65
1998 34.05
1999 21.82
2000 15.37
2001 17.21
2002 19.00
2003 23.20
2004 27.90
2005 21.43
2006 27.15
2007 34.07
2008 36.48
2009 28.21
2010 20.04
2011 27.66
2012 30.21
2013 32.36
2014 28.62
2015 36.37
2016 36.09
2017 33.84
2018 31.68
2019 26.86
2020 20.75

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts