Iran, Islamic Rep. | Gross capital formation (annual % growth)

Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross capital formation (formerly 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 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Islamic Republic of Iran
Records
63
Source
Iran, Islamic Rep. | Gross capital formation (annual % growth)
1960
1961 6.58715759
1962 -0.35001216
1963 6.65703452
1964 18.55170913
1965 23.76821188
1966 11.35134277
1967 13.92748277
1968 23.58917399
1969 8.50866936
1970 9.33437883
1971 1.25717809
1972 33.92818357
1973 4.25637316
1974 50.75399121
1975 35.18922804
1976 29.7674626
1977 1.8576998
1978 -18.85370706
1979 -33.47125428
1980 15.19331355
1981 -13.41245354
1982 -6.86342214
1983 30.31223114
1984 -23.38167582
1985 -9.74904071
1986 -3.8233077
1987 -0.89697011
1988 -35.07236149
1989 20.25402358
1990 24.06096428
1991 30.3813987
1992 -7.41295509
1993 -27.32653671
1994 -30.64954333
1995 28.78608088
1996 28.37824941
1997 -2.83534506
1998 1.32154216
1999 3.72566232
2000 4.3617778
2001 14.76925707
2002 18.33611027
2003 18.01872565
2004 5.47255299
2005 -3.41882622
2006 4.99731392
2007 12.99635513
2008 9.67338288
2009 3.15320656
2010 9.70532976
2011 -4.32667908
2012 -7.10246226
2013 -9.04055019
2014 4.02527046
2015 -38.96669082
2016 32.81608579
2017 6.65710973
2018 -4.68603894
2019 -8.28469429
2020 19.89187889
2021 3.33022505
2022 1.22630325

Iran, Islamic Rep. | Gross capital formation (annual % growth)

Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross capital formation (formerly 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 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Islamic Republic of Iran
Records
63
Source