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

Iran (Islamic Republic of): Gross Fixed Capital Formation — Value US$ was 118,690 million USD in 2024. ◆ Volatile

Latest (2024)
118,690 million USD
Change on year
up 10.2%
World rank
34th
of 235 countries
All-time high
195,082 million USD
in 2012
All-time low
4,041 million USD
in 1970
Years of data
55
1970–2024

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

050.0k100.0k150.0k200.0k197019972024

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

Analysis

The most recent figure for gross fixed capital formation — value us$ in Iran (Islamic Republic of) is 118,690 million USD, measured in 2024.

The figure is up 10.2% on the previous year and down 12.1% over ten years.

Over the whole period, gross fixed capital formation — value us$ in Iran (Islamic Republic of) peaked at 195,082 million USD in 2012 and was at its lowest, 4,041 million USD, in 1970.

Iran (Islamic Republic of) ranks 34th of 235 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for Gross Fixed Capital Formation — Value US$ in Iran (Islamic Republic of), 1970 to 2024.
Year million USD Change
1970 4,041 million USD —
1971 4,773 million USD +18.1%
1972 6,332 million USD +32.7%
1973 9,264 million USD +46.3%
1974 12,919 million USD +39.5%
1975 22,017 million USD +70.4%
1976 33,704 million USD +53.1%
1977 39,571 million USD +17.4%
1978 36,850 million USD -6.9%
1979 28,109 million USD -23.7%
1980 35,306 million USD +25.6%
1981 34,496 million USD -2.3%
1982 39,366 million USD +14.1%
1983 61,874 million USD +57.2%
1984 65,309 million USD +5.6%
1985 25,072 million USD -61.6%
1986 22,055 million USD -12.0%
1987 23,012 million USD +4.3%
1988 22,722 million USD -1.3%
1989 22,453 million USD -1.2%
1990 26,002 million USD +15.8%
1991 36,447 million USD +40.2%
1992 36,218 million USD -0.6%
1993 33,182 million USD -8.4%
1994 29,697 million USD -10.5%
1995 28,235 million USD -4.9%
1996 38,782 million USD +37.4%
1997 37,195 million USD -4.1%
1998 35,993 million USD -3.2%
1999 36,254 million USD +0.7%
2000 34,308 million USD -5.4%
2001 42,884 million USD +25.0%
2002 49,270 million USD +14.9%
2003 50,145 million USD +1.8%
2004 59,366 million USD +18.4%
2005 66,136 million USD +11.4%
2006 75,891 million USD +14.7%
2007 106,072 million USD +39.8%
2008 143,996 million USD +35.8%
2009 143,741 million USD -0.2%
2010 153,698 million USD +6.9%
2011 189,068 million USD +23.0%
2012 195,082 million USD +3.2%
2013 158,610 million USD -18.7%
2014 135,026 million USD -14.9%
2015 105,995 million USD -21.5%
2016 103,172 million USD -2.7%
2017 110,938 million USD +7.5%
2018 71,836 million USD -35.2%
2019 72,513 million USD +0.9%
2020 93,119 million USD +28.4%
2021 96,126 million USD +3.2%
2022 98,425 million USD +2.4%
2023 107,709 million USD +9.4%
2024 118,690 million USD +10.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 19,758 million USD 4,041 million USD 39,571 million USD 10
1980s 35,167 million USD 22,055 million USD 65,309 million USD 10
1990s 33,801 million USD 26,002 million USD 38,782 million USD 10
2000s 77,181 million USD 34,308 million USD 143,996 million USD 10
2010s 129,594 million USD 71,836 million USD 195,082 million USD 10
2020s 102,814 million USD 93,119 million USD 118,690 million USD 5

Countries ranked near Iran (Islamic Republic of)

  1. 31 Bangladesh 132,854 million USD compare
  2. 32 Austria 131,410 million USD compare
  3. 33 Israel 122,978 million USD compare
  4. 35 Singapore 117,825 million USD compare
  5. 36 Thailand 117,076 million USD compare
  6. 37 Norway 114,611 million USD compare

See the full ranking of 265 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$ in Iran (Islamic Republic of)?
Gross fixed capital formation — value us$ in Iran (Islamic Republic of) was 118,690 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$ recorded in Iran (Islamic Republic of)?
The highest recorded value was 195,082 million USD in 2012.
What is the lowest gross fixed capital formation — value us$ recorded in Iran (Islamic Republic of)?
The lowest recorded value was 4,041 million USD in 1970.
How does Iran (Islamic Republic of) rank for gross fixed capital formation — value us$?
Iran (Islamic Republic of) ranks 34th out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$ rising or falling in Iran (Islamic Republic of)?
Over the last ten years it is down 12.1%. 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 US$. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$ in Iran (Islamic Republic of). Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 07 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us/iran-islamic-republic-of/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
265 places, 13,517 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).