Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Iran (Islamic Republic of)
Iran (Islamic Republic of): Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 2.84 billion million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Iran (Islamic Republic of), 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Iran (Islamic Republic of) stood at 2.84 billion million SLC.
That represents a change of up 1.9% on the previous year and down 20.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Iran (Islamic Republic of) peaked at 4.97 billion million SLC in 2011 and was at its lowest, 762.26 million million SLC, in 1970.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Iran (Islamic Republic of), year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 762.26 million million SLC | — |
| 1971 | 895.65 million million SLC | +17.5% |
| 1972 | 1.05 billion million SLC | +17.2% |
| 1973 | 1.20 billion million SLC | +14.3% |
| 1974 | 1.44 billion million SLC | +20.2% |
| 1975 | 1.97 billion million SLC | +36.4% |
| 1976 | 2.78 billion million SLC | +41.3% |
| 1977 | 2.37 billion million SLC | -14.7% |
| 1978 | 2.20 billion million SLC | -7.0% |
| 1979 | 1.55 billion million SLC | -29.5% |
| 1980 | 1.59 billion million SLC | +2.5% |
| 1981 | 1.41 billion million SLC | -11.7% |
| 1982 | 1.53 billion million SLC | +8.9% |
| 1983 | 2.10 billion million SLC | +37.3% |
| 1984 | 1.88 billion million SLC | -10.8% |
| 1985 | 1.57 billion million SLC | -16.1% |
| 1986 | 1.48 billion million SLC | -5.9% |
| 1987 | 1.42 billion million SLC | -4.0% |
| 1988 | 1.07 billion million SLC | -24.5% |
| 1989 | 1.15 billion million SLC | +7.3% |
| 1990 | 1.21 billion million SLC | +4.7% |
| 1991 | 1.84 billion million SLC | +52.5% |
| 1992 | 1.75 billion million SLC | -4.7% |
| 1993 | 1.51 billion million SLC | -13.9% |
| 1994 | 1.33 billion million SLC | -11.9% |
| 1995 | 1.24 billion million SLC | -6.7% |
| 1996 | 1.56 billion million SLC | +25.6% |
| 1997 | 1.67 billion million SLC | +7.4% |
| 1998 | 1.70 billion million SLC | +1.6% |
| 1999 | 1.78 billion million SLC | +5.1% |
| 2000 | 1.93 billion million SLC | +8.4% |
| 2001 | 2.41 billion million SLC | +24.6% |
| 2002 | 2.57 billion million SLC | +6.7% |
| 2003 | 2.74 billion million SLC | +6.4% |
| 2004 | 2.95 billion million SLC | +7.9% |
| 2005 | 3.14 billion million SLC | +6.4% |
| 2006 | 3.16 billion million SLC | +0.6% |
| 2007 | 3.70 billion million SLC | +17.3% |
| 2008 | 4.24 billion million SLC | +14.4% |
| 2009 | 4.39 billion million SLC | +3.6% |
| 2010 | 4.64 billion million SLC | +5.6% |
| 2011 | 4.97 billion million SLC | +7.2% |
| 2012 | 3.78 billion million SLC | -24.0% |
| 2013 | 3.34 billion million SLC | -11.6% |
| 2014 | 3.58 billion million SLC | +7.1% |
| 2015 | 3.08 billion million SLC | -14.0% |
| 2016 | 3.02 billion million SLC | -1.8% |
| 2017 | 3.00 billion million SLC | -0.5% |
| 2018 | 2.53 billion million SLC | -15.8% |
| 2019 | 2.36 billion million SLC | -6.6% |
| 2020 | 2.44 billion million SLC | +3.2% |
| 2021 | 2.44 billion million SLC | +0.0% |
| 2022 | 2.60 billion million SLC | +6.7% |
| 2023 | 2.79 billion million SLC | +7.2% |
| 2024 | 2.84 billion million SLC | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.62 billion million SLC | 762.26 million million SLC | 2.78 billion million SLC | 10 |
| 1980s | 1.52 billion million SLC | 1.07 billion million SLC | 2.10 billion million SLC | 10 |
| 1990s | 1.56 billion million SLC | 1.21 billion million SLC | 1.84 billion million SLC | 10 |
| 2000s | 3.12 billion million SLC | 1.93 billion million SLC | 4.39 billion million SLC | 10 |
| 2010s | 3.43 billion million SLC | 2.36 billion million SLC | 4.97 billion million SLC | 10 |
| 2020s | 2.62 billion million SLC | 2.44 billion million SLC | 2.84 billion million SLC | 5 |
Countries ranked near Iran (Islamic Republic of)
- 1 Côte d'Ivoire 13.20 million million SLC compare
- 1 Indonesia 5.23 billion million SLC compare
- 2 Republic of Korea 646.38 million million SLC compare
- 2 Viet Nam 2.73 billion million SLC compare
- 3 Cabo Verde 29,020 million SLC compare
- 3 Colombia 179.68 million million SLC compare
- 3 United Republic of Tanzania 72.40 million million SLC compare
- 4 Democratic Republic of the Congo 65.40 million million SLC compare
- 4 Uzbekistan 167.34 million million SLC compare
More economy & growth data for Iran (Islamic Republic of)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 26.74 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 52.90 billion million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 118,690 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 97,864 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 26.74 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 18.14 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 37.9 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 1.86 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 10.2 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.96 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Iran (Islamic Republic of)?
- Gross fixed capital formation — value standard local currency, 2015 in Iran (Islamic Republic of) was 2.84 billion million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Iran (Islamic Republic of)?
- The highest recorded value was 4.97 billion million SLC in 2011.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Iran (Islamic Republic of)?
- The lowest recorded value was 762.26 million million SLC in 1970.
- How does Iran (Islamic Republic of) rank for gross fixed capital formation — value standard local currency, 2015?
- Iran (Islamic Republic of) ranks 1st out of 12 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Iran (Islamic Republic of)?
- Over the last ten years it is down 20.6%. The long-run trend across the full record is rising.
- Where does this Iran (Islamic Republic of) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).