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Gross fixed capital formation in constant LCU prices of 2010

(LCU)

Iran is the top country by real gross fixed capital formation in the world. As of 2017, real gross fixed capital formation in Iran was 5,320,653,900 million LCU that accounts for 41.66 % of the world's real gross fixed capital formation. The top 5 countries (others are Indonesia, Viet Nam, Republic of Korea, and Colombia) account for 93.55 % of it. The world's total real gross fixed capital formation was estimated at 12,770,761,035 million LCU in 2017.

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What is real gross fixed capital formation?

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.

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