Investment (gross fixed): 31.2% of GDP (2012 est.)
Definition: This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes invesment that merely replaces worn-out or scrapped capital.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of February 21, 2013See Also
Related Data From the International Monetary Fund
Note: Expressed as a ratio of total investment in current local currency and GDP in current local currency. Investment or gross capital formation is measured by the total value of the gross fixed capital formation and changes in inventories and acquisitions less disposals of valuables for a unit or sector. [SNA 1993]
Units: Percent of GDP
Country-specific Note: Source: Central Bank Latest actual data: 2010 Notes: Data prior to 1990 cannot be confirmed by national sources at this time. GDP valuation: Market prices. Data refer to fiscal years Start/end months of reporting year: April/March Base year: 1997. 1997/1998=100 Chain-weighted: No Primary domestic currency: Iranian rials Data last updated: 08/2011
Source: International Monetary Fund - 2011 World Economic Outlook
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