Iran - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Iran was 9,635,630,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 9,635,630,000,000,000 in 2020 and a minimum value of 85,454,090,000 in 1962.

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
1960 95,797,410,000
1961 91,933,090,000
1962 85,454,090,000
1963 89,413,350,000
1964 110,763,000,000
1965 146,859,000,000
1966 150,644,000,000
1967 197,079,000,000
1968 223,405,000,000
1969 267,834,000,000
1970 306,139,000,000
1971 361,537,000,000
1972 479,640,000,000
1973 638,190,000,000
1974 873,881,000,000
1975 1,489,580,000,000
1976 2,367,320,000,000
1977 2,795,050,000,000
1978 2,597,600,000,000
1979 1,981,440,000,000
1980 2,493,730,000,000
1981 2,702,690,000,000
1982 3,291,880,000,000
1983 5,344,590,000,000
1984 5,881,210,000,000
1985 5,197,450,000,000
1986 4,797,020,000,000
1987 5,099,580,000,000
1988 5,387,260,000,000
1989 6,715,800,000,000
1990 10,250,000,000,000
1991 18,650,000,000,000
1992 23,726,300,000,000
1993 29,534,700,000,000
1994 36,280,400,000,000
1995 48,728,500,000,000
1996 85,088,600,000,000
1997 103,383,000,000,000
1998 115,392,000,000,000
1999 151,253,000,000,000
2000 196,620,000,000,000
2001 264,310,000,000,000
2002 340,308,000,000,000
2003 410,881,000,000,000
2004 511,379,000,000,000
2005 579,684,000,000,000
2006 665,432,000,000,000
2007 920,355,000,000,000
2008 1,241,070,000,000,000
2009 1,267,350,000,000,000
2010 1,377,440,000,000,000
2011 1,712,190,000,000,000
2012 2,078,970,000,000,000
2013 2,521,610,000,000,000
2014 3,000,360,000,000,000
2015 2,593,770,000,000,000
2016 2,663,740,000,000,000
2017 3,022,950,000,000,000
2018 3,976,380,000,000,000
2019 5,447,420,000,000,000
2020 9,635,630,000,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts