Oman - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Oman was 8,826,800,000 as of 2020. As the graph below shows, over the past 22 years this indicator reached a maximum value of 11,055,400,000 in 2016 and a minimum value of 2,236,617,000 in 2000.

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 constant local currency.

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

Year Value
1998 2,967,641,000
1999 2,543,697,000
2000 2,236,617,000
2001 2,503,247,000
2002 2,766,475,000
2003 3,348,986,000
2004 4,015,828,000
2005 4,657,420,000
2006 4,774,654,000
2007 6,288,412,000
2008 8,400,623,000
2009 7,923,560,000
2010 7,203,567,000
2011 7,868,500,000
2012 8,428,300,000
2013 9,233,700,000
2014 9,483,800,000
2015 9,603,800,000
2016 11,055,400,000
2017 10,673,800,000
2018 10,728,100,000
2019 9,611,100,000
2020 8,826,800,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts