Iran - Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Iran was 9.42 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 50.75 in 1974 and a minimum value of -35.07 in 1988.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

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

See also:

Year Value
1961 6.59
1962 -0.35
1963 6.66
1964 18.55
1965 23.77
1966 11.35
1967 13.93
1968 23.59
1969 8.51
1970 9.33
1971 1.26
1972 33.93
1973 4.26
1974 50.75
1975 35.19
1976 29.77
1977 1.86
1978 -18.85
1979 -33.47
1980 15.19
1981 -13.41
1982 -6.86
1983 30.31
1984 -23.38
1985 -9.75
1986 -3.82
1987 -0.90
1988 -35.07
1989 20.25
1990 24.06
1991 30.38
1992 -7.41
1993 -27.33
1994 -30.65
1995 28.79
1996 28.38
1997 -2.84
1998 1.32
1999 3.73
2000 4.36
2001 14.77
2002 18.34
2003 18.02
2004 5.47
2005 -3.42
2006 5.00
2007 13.00
2008 9.67
2009 3.15
2010 9.71
2011 -4.33
2012 -9.61
2013 -5.58
2014 5.04
2015 -13.98
2016 5.87
2017 8.91
2018 -12.14
2019 5.83
2020 9.42

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts