Iran - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Iran was 1,001,310,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,712,190,000,000,000 in 2011 and a minimum value of 102,994,000,000,000 in 1960.

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
1960 102,994,000,000,000
1961 113,664,000,000,000
1962 104,922,000,000,000
1963 123,690,000,000,000
1964 133,097,000,000,000
1965 181,817,000,000,000
1966 182,407,000,000,000
1967 220,411,000,000,000
1968 248,982,000,000,000
1969 267,999,000,000,000
1970 309,793,000,000,000
1971 364,143,000,000,000
1972 429,022,000,000,000
1973 488,420,000,000,000
1974 581,859,000,000,000
1975 799,227,000,000,000
1976 1,126,760,000,000,000
1977 960,001,000,000,000
1978 880,273,000,000,000
1979 626,764,000,000,000
1980 646,414,000,000,000
1981 568,369,000,000,000
1982 614,475,000,000,000
1983 852,350,000,000,000
1984 761,869,000,000,000
1985 638,217,000,000,000
1986 597,942,000,000,000
1987 578,081,000,000,000
1988 437,763,000,000,000
1989 470,503,000,000,000
1990 489,400,000,000,000
1991 749,957,000,000,000
1992 711,564,000,000,000
1993 604,063,000,000,000
1994 532,601,000,000,000
1995 497,377,000,000,000
1996 627,114,000,000,000
1997 676,005,000,000,000
1998 687,135,000,000,000
1999 720,398,000,000,000
2000 783,141,000,000,000
2001 978,871,000,000,000
2002 1,041,480,000,000,000
2003 1,103,130,000,000,000
2004 1,191,800,000,000,000
2005 1,239,520,000,000,000
2006 1,219,020,000,000,000
2007 1,397,800,000,000,000
2008 1,563,640,000,000,000
2009 1,584,320,000,000,000
2010 1,636,540,000,000,000
2011 1,712,190,000,000,000
2012 1,386,790,000,000,000
2013 1,278,970,000,000,000
2014 1,378,990,000,000,000
2015 1,212,860,000,000,000
2016 1,167,710,000,000,000
2017 1,183,830,000,000,000
2018 1,038,370,000,000,000
2019 976,690,000,000,000
2020 1,001,310,000,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts