Oman - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Oman was 8,219,600,000 as of 2020. As the graph below shows, over the past 53 years this indicator reached a maximum value of 11,352,300,000 in 2016 and a minimum value of 9,300,000 in 1969.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 321,199,900
1977 310,800,100
1978 280,999,900
1979 318,000,100
1980 464,300,000
1981 569,899,800
1982 709,199,900
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 1,670,353,000
1999 1,338,266,000
2000 1,158,895,000
2001 1,275,846,000
2002 1,444,001,000
2003 1,823,081,000
2004 2,320,378,000
2005 2,631,124,000
2006 3,415,581,000
2007 4,638,599,000
2008 7,170,339,000
2009 6,196,720,000
2010 5,414,372,000
2011 8,508,100,000
2012 9,293,800,000
2013 10,354,800,000
2014 10,631,300,000
2015 10,293,300,000
2016 11,352,300,000
2017 10,359,500,000
2018 10,728,100,000
2019 9,803,400,000
2020 8,219,600,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts