Gross Fixed Capital Formation — Value US$, 2015 prices in Iran (Islamic Republic of)

Iran (Islamic Republic of): Gross Fixed Capital Formation — Value US$, 2015 prices was 97,864 million USD in 2024. ▲ Rising

Latest (2024)
97,864 million USD
Change on year
up 1.9%
Rank
7th
of 19 regions
All-time high
171,346 million USD
in 2011
All-time low
26,274 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$, 2015 prices in Iran (Islamic Republic of), 1970–2024

50.0k100.0k150.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2024, gross fixed capital formation — value us$, 2015 prices in Iran (Islamic Republic of) stood at 97,864 million USD.

Compared with earlier readings it is up 1.9% on the previous year and down 20.6% over ten years.

Over the whole period, gross fixed capital formation — value us$, 2015 prices in Iran (Islamic Republic of) peaked at 171,346 million USD in 2011 and was at its lowest, 26,274 million USD, in 1970.

The long-run direction has been consistently rising across the 55 years of available data.

Gross Fixed Capital Formation — Value US$, 2015 prices in Iran (Islamic Republic of), year by year

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices in Iran (Islamic Republic of), 1970 to 2024.
Year million USD Change
1970 26,274 million USD
1971 30,872 million USD +17.5%
1972 36,188 million USD +17.2%
1973 41,356 million USD +14.3%
1974 49,690 million USD +20.2%
1975 67,786 million USD +36.4%
1976 95,785 million USD +41.3%
1977 81,714 million USD -14.7%
1978 76,002 million USD -7.0%
1979 53,552 million USD -29.5%
1980 54,880 million USD +2.5%
1981 48,454 million USD -11.7%
1982 52,766 million USD +8.9%
1983 72,452 million USD +37.3%
1984 64,656 million USD -10.8%
1985 54,254 million USD -16.1%
1986 51,049 million USD -5.9%
1987 49,030 million USD -4.0%
1988 37,009 million USD -24.5%
1989 39,709 million USD +7.3%
1990 41,559 million USD +4.7%
1991 63,363 million USD +52.5%
1992 60,370 million USD -4.7%
1993 51,977 million USD -13.9%
1994 45,785 million USD -11.9%
1995 42,736 million USD -6.7%
1996 53,662 million USD +25.6%
1997 57,609 million USD +7.4%
1998 58,507 million USD +1.6%
1999 61,497 million USD +5.1%
2000 66,690 million USD +8.4%
2001 83,097 million USD +24.6%
2002 88,644 million USD +6.7%
2003 94,292 million USD +6.4%
2004 101,739 million USD +7.9%
2005 108,215 million USD +6.4%
2006 108,841 million USD +0.6%
2007 127,637 million USD +17.3%
2008 146,022 million USD +14.4%
2009 151,313 million USD +3.6%
2010 159,848 million USD +5.6%
2011 171,346 million USD +7.2%
2012 130,160 million USD -24.0%
2013 115,045 million USD -11.6%
2014 123,268 million USD +7.1%
2015 105,995 million USD -14.0%
2016 104,099 million USD -1.8%
2017 103,544 million USD -0.5%
2018 87,163 million USD -15.8%
2019 81,386 million USD -6.6%
2020 84,009 million USD +3.2%
2021 84,011 million USD +0.0%
2022 89,606 million USD +6.7%
2023 96,076 million USD +7.2%
2024 97,864 million USD +1.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 55,922 million USD 26,274 million USD 95,785 million USD 10
1980s 52,426 million USD 37,009 million USD 72,452 million USD 10
1990s 53,707 million USD 41,559 million USD 63,363 million USD 10
2000s 107,649 million USD 66,690 million USD 151,313 million USD 10
2010s 118,185 million USD 81,386 million USD 171,346 million USD 10
2020s 90,313 million USD 84,009 million USD 97,864 million USD 5

Countries ranked near Iran (Islamic Republic of)

  1. 4 USSR 772,035 million USD compare
  2. 5 Germany 725,286 million USD compare
  3. 6 France 590,992 million USD compare
  4. 7 United Kingdom of Great Britain and Northern Ireland 584,388 million USD compare
  5. 8 Republic of Korea 571,534 million USD compare
  6. 9 Italy 471,911 million USD compare
  7. 10 Australia and New Zealand 453,936 million USD compare

See the full ranking of 251 places →

More economy & growth data for Iran (Islamic Republic of)

All data for Iran (Islamic Republic of) →

Frequently asked questions

What is gross fixed capital formation — value us$, 2015 prices in Iran (Islamic Republic of)?
Gross fixed capital formation — value us$, 2015 prices in Iran (Islamic Republic of) was 97,864 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Iran (Islamic Republic of)?
The highest recorded value was 171,346 million USD in 2011.
What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Iran (Islamic Republic of)?
The lowest recorded value was 26,274 million USD in 1970.
How does Iran (Islamic Republic of) rank for gross fixed capital formation — value us$, 2015 prices?
Iran (Islamic Republic of) ranks 7th out of 19 regions with data for 2024.
Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, 2015 prices in Iran (Islamic Republic of). Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices/iran-islamic-republic-of/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

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).