Iran - Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Iran was 2,134,400,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,465,720,000,000,000 in 2010 and a minimum value of 194,723,000,000,000 in 1960.

Definition: 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. Data are in constant local currency.

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

Year Value
1960 194,723,000,000,000
1961 207,550,000,000,000
1962 206,824,000,000,000
1963 220,592,000,000,000
1964 261,515,000,000,000
1965 323,673,000,000,000
1966 360,414,000,000,000
1967 410,611,000,000,000
1968 507,470,000,000,000
1969 550,649,000,000,000
1970 602,049,000,000,000
1971 609,618,000,000,000
1972 816,450,000,000,000
1973 851,201,000,000,000
1974 1,283,220,000,000,000
1975 1,734,780,000,000,000
1976 2,251,170,000,000,000
1977 2,292,990,000,000,000
1978 1,860,680,000,000,000
1979 1,237,890,000,000,000
1980 1,425,960,000,000,000
1981 1,234,710,000,000,000
1982 1,149,960,000,000,000
1983 1,498,540,000,000,000
1984 1,148,160,000,000,000
1985 1,036,220,000,000,000
1986 996,606,000,000,000
1987 987,667,000,000,000
1988 641,269,000,000,000
1989 771,151,000,000,000
1990 956,698,000,000,000
1991 1,247,360,000,000,000
1992 1,154,890,000,000,000
1993 839,298,000,000,000
1994 582,057,000,000,000
1995 749,609,000,000,000
1996 962,335,000,000,000
1997 935,049,000,000,000
1998 947,406,000,000,000
1999 982,703,000,000,000
2000 1,025,570,000,000,000
2001 1,177,040,000,000,000
2002 1,392,860,000,000,000
2003 1,643,830,000,000,000
2004 1,733,790,000,000,000
2005 1,674,520,000,000,000
2006 1,758,200,000,000,000
2007 1,986,700,000,000,000
2008 2,178,880,000,000,000
2009 2,247,590,000,000,000
2010 2,465,720,000,000,000
2011 2,359,040,000,000,000
2012 2,132,350,000,000,000
2013 2,013,300,000,000,000
2014 2,114,750,000,000,000
2015 1,819,210,000,000,000
2016 1,926,020,000,000,000
2017 2,097,680,000,000,000
2018 1,843,060,000,000,000
2019 1,950,600,000,000,000
2020 2,134,400,000,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts