Annual growth of the gross capital formation in Iran, Islamic Republic of
Iran, Islamic Republic of: Annual growth of the gross capital formation was 2.6% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Iran, Islamic Republic of, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of the gross capital formation in Iran, Islamic Republic of is 2.6%, measured in 2024.
That represents a change of down 30.4% on the previous year and down 35.7% over ten years.
Over the whole period, annual growth of the gross capital formation in Iran, Islamic Republic of peaked at 32.8% in 2016 and was at its lowest, -39.0%, in 2015.
That places Iran, Islamic Republic of 89th out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Iran, Islamic Republic of, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.4% | — |
| 2001 | 14.8% | +238.8% |
| 2002 | 18.3% | +24.2% |
| 2003 | 18.0% | -1.7% |
| 2004 | 5.5% | -69.6% |
| 2005 | -3.4% | -162.5% |
| 2006 | 5.0% | -246.2% |
| 2007 | 13.0% | +160.0% |
| 2008 | 9.7% | -25.6% |
| 2009 | 3.1% | -67.4% |
| 2010 | 9.7% | +208.3% |
| 2011 | -4.3% | -144.6% |
| 2012 | -7.1% | +64.0% |
| 2013 | -9.0% | +27.3% |
| 2014 | 4.0% | -144.6% |
| 2015 | -39.0% | -1067.0% |
| 2016 | 32.8% | -184.2% |
| 2017 | 10.1% | -69.2% |
| 2018 | -11.6% | -214.9% |
| 2019 | -7.3% | -37.4% |
| 2020 | 10.1% | -238.7% |
| 2021 | 4.0% | -60.1% |
| 2022 | 7.7% | +91.5% |
| 2023 | 3.7% | -51.7% |
| 2024 | 2.6% | -30.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.8% | -3.4% | 18.3% | 10 |
| 2010s | -2.2% | -39.0% | 32.8% | 10 |
| 2020s | 5.6% | 2.6% | 10.1% | 5 |
Countries ranked near Iran, Islamic Republic of
More economy & growth data for Iran, Islamic Republic of
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate -28.11 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.4177 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 1,639 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 17.88 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 310,206 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 1.22 billion current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -10.46 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.5082 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Iran, Islamic Republic of?
- Annual growth of the gross capital formation in Iran, Islamic Republic of was 2.6% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Iran, Islamic Republic of?
- The highest recorded value was 32.8% in 2016.
- What is the lowest annual growth of the gross capital formation recorded in Iran, Islamic Republic of?
- The lowest recorded value was -39.0% in 2015.
- How does Iran, Islamic Republic of rank for annual growth of the gross capital formation?
- Iran, Islamic Republic of ranks 89th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Iran, Islamic Republic of?
- Over the last ten years it is down 35.7%. The long-run trend across the full record is volatile.
- Where does this Iran, Islamic Republic of data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).