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
Gross Fixed Capital Formation — Value US$, 2015 prices in Iran (Islamic Republic of), 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 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
| 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
| Decade | Average | Lowest | Highest | 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)
- 4 USSR 772,035 million USD compare
- 5 Germany 725,286 million USD compare
- 6 France 590,992 million USD compare
- 7 United Kingdom of Great Britain and Northern Ireland 584,388 million USD compare
- 8 Republic of Korea 571,534 million USD compare
- 9 Italy 471,911 million USD compare
- 10 Australia and New Zealand 453,936 million USD 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 Standard Local Currency, 2015 2.84 billion million SLC (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 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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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).