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Iran - Gross capital formation in current prices

5,320,653,900,000,000 (US dollars) in 2017

In 2017, gross capital formation for Iran was 5,320,653,900 million US dollars. Gross capital formation of Iran increased from 127,734,779 million US dollars in 1998 to 5,320,653,900 million US dollars in 2017 growing at an average annual rate of 22.71 %.

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What is gross capital formation?

Gross capital formation (also known as gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress'. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

What is Iran gross capital formation?

Date Value Change, %
2017 5,320,653,900,000,000 21.85 %
2016 4,366,439,400,000,000 12.40 %
2015 3,884,653,400,000,000 -15.48 %
2014 4,596,156,700,000,000 19.58 %
2013 3,843,594,400,000,000 29.77 %
2012 2,961,759,900,000,000 25.55 %
2011 2,359,037,300,000,000 16.35 %
2010 2,027,541,300,000,000 20.70 %
2009 1,679,878,500,000,000 3.48 %
2008 1,623,414,300,000,000 25.83 %
2007 1,290,119,700,000,000 36.68 %
2006 943,893,400,000,000