Gross capital formation reached 157,715 USD bil in 2017 in Iran, according to the National Statistical Office. This is 13.4 % more than in the previous year.
Historically, gross capital formation in Iran reached an all time high of 241,579 USD bil in 2012 and an all time low of 948 USD bil in 1963. When compared to Iran's main peers, gross capital formation in Iraq amounted to 34,318 USD bil and 49,080 USD bil in Pakistan in 2017.
Iran has been ranked 23rd within the group of 158 countries we follow in terms of gross capital formation, 3 places behind the position seen 10 years ago.
Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises) less disposals of fixed assets.