Gross Fixed Capital Formation — Value Standard Local Currency in Iran (Islamic Republic of)
Iran (Islamic Republic of): Gross Fixed Capital Formation — Value Standard Local Currency was 52.90 billion million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Iran (Islamic Republic of), 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency in Iran (Islamic Republic of) is 52.90 billion million SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 37.9% on the previous year and up 1,410.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Iran (Islamic Republic of) peaked at 52.90 billion million SLC in 2024 and was at its lowest, 306,139 million SLC, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Iran (Islamic Republic of), year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 306,139 million SLC | — |
| 1971 | 361,537 million SLC | +18.1% |
| 1972 | 479,640 million SLC | +32.7% |
| 1973 | 638,190 million SLC | +33.1% |
| 1974 | 873,881 million SLC | +36.9% |
| 1975 | 1.49 million million SLC | +70.5% |
| 1976 | 2.37 million million SLC | +58.9% |
| 1977 | 2.80 million million SLC | +18.1% |
| 1978 | 2.60 million million SLC | -7.1% |
| 1979 | 1.98 million million SLC | -23.7% |
| 1980 | 2.49 million million SLC | +25.9% |
| 1981 | 2.70 million million SLC | +8.4% |
| 1982 | 3.29 million million SLC | +21.8% |
| 1983 | 5.34 million million SLC | +62.4% |
| 1984 | 5.88 million million SLC | +10.0% |
| 1985 | 5.20 million million SLC | -11.6% |
| 1986 | 4.80 million million SLC | -7.7% |
| 1987 | 5.10 million million SLC | +6.3% |
| 1988 | 5.39 million million SLC | +5.6% |
| 1989 | 6.72 million million SLC | +24.7% |
| 1990 | 10.25 million million SLC | +52.6% |
| 1991 | 18.65 million million SLC | +82.0% |
| 1992 | 23.73 million million SLC | +27.2% |
| 1993 | 29.53 million million SLC | +24.5% |
| 1994 | 36.28 million million SLC | +22.8% |
| 1995 | 48.73 million million SLC | +34.3% |
| 1996 | 85.09 million million SLC | +74.6% |
| 1997 | 103.38 million million SLC | +21.5% |
| 1998 | 115.39 million million SLC | +11.6% |
| 1999 | 151.25 million million SLC | +31.1% |
| 2000 | 196.62 million million SLC | +30.0% |
| 2001 | 264.31 million million SLC | +34.4% |
| 2002 | 340.31 million million SLC | +28.8% |
| 2003 | 410.88 million million SLC | +20.7% |
| 2004 | 511.38 million million SLC | +24.5% |
| 2005 | 592.85 million million SLC | +15.9% |
| 2006 | 695.99 million million SLC | +17.4% |
| 2007 | 984.48 million million SLC | +41.4% |
| 2008 | 1.36 billion million SLC | +37.9% |
| 2009 | 1.42 billion million SLC | +4.4% |
| 2010 | 1.58 billion million SLC | +11.2% |
| 2011 | 2.01 billion million SLC | +27.4% |
| 2012 | 2.38 billion million SLC | +18.3% |
| 2013 | 2.92 billion million SLC | +23.0% |
| 2014 | 3.50 billion million SLC | +19.9% |
| 2015 | 3.08 billion million SLC | -12.2% |
| 2016 | 3.19 billion million SLC | +3.7% |
| 2017 | 3.69 billion million SLC | +15.6% |
| 2018 | 4.90 billion million SLC | +33.0% |
| 2019 | 6.35 billion million SLC | +29.6% |
| 2020 | 11.62 billion million SLC | +82.8% |
| 2021 | 17.93 billion million SLC | +54.3% |
| 2022 | 25.80 billion million SLC | +43.9% |
| 2023 | 38.36 billion million SLC | +48.7% |
| 2024 | 52.90 billion million SLC | +37.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.39 million million SLC | 306,139 million SLC | 2.80 million million SLC | 10 |
| 1980s | 4.69 million million SLC | 2.49 million million SLC | 6.72 million million SLC | 10 |
| 1990s | 62.23 million million SLC | 10.25 million million SLC | 151.25 million million SLC | 10 |
| 2000s | 677.24 million million SLC | 196.62 million million SLC | 1.42 billion million SLC | 10 |
| 2010s | 3.36 billion million SLC | 1.58 billion million SLC | 6.35 billion million SLC | 10 |
| 2020s | 29.32 billion million SLC | 11.62 billion million SLC | 52.90 billion million SLC | 5 |
Countries ranked near Iran (Islamic Republic of)
- 1 Indonesia 6.49 billion million SLC compare
- 2 Republic of Korea 817.42 million million SLC compare
- 2 Viet Nam 3.36 billion million SLC compare
- 3 Cabo Verde 52,503 million SLC compare
- 3 Uzbekistan 512.19 million million SLC compare
- 4 Lebanon 451.23 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 US$ 118,690 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 2.84 billion million SLC (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 in Iran (Islamic Republic of)?
- Gross fixed capital formation — value standard local currency in Iran (Islamic Republic of) was 52.90 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 recorded in Iran (Islamic Republic of)?
- The highest recorded value was 52.90 billion million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Iran (Islamic Republic of)?
- The lowest recorded value was 306,139 million SLC in 1970.
- How does Iran (Islamic Republic of) rank for gross fixed capital formation — value standard local currency?
- Iran (Islamic Republic of) ranks 1st out of 12 groups with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Iran (Islamic Republic of)?
- Over the last ten years it is up 1,410.3%. The long-run trend across the full record is volatile.
- 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. 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).