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In 2017, real gross fixed capital formation for Iran was 3,022,951,200 million US dollars. Real gross fixed capital formation of Iran increased from 115,392,175 million US dollars in 1998 to 3,022,951,200 million US dollars in 2017 growing at an average annual rate of 19.48 %.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.