Iraq IQ: GDP: USD: Gross Fixed Capital Formation

Iraq IQ: GDP: USD: Gross Fixed Capital Formation data was reported at 34.403 USD bn in 2017. This records a decrease from the previous number of 35.327 USD bn for 2016. Iraq IQ: GDP: USD: Gross Fixed Capital Formation data is updated yearly, averaging 23.290 USD bn from Dec 2004 (Median) to 2017, with 14 observations. The data reached an all-time high of 76.727 USD bn in 2014 and a record low of 1.966 USD bn in 2004. Iraq IQ: GDP: USD: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iraq – Table IQ.World Bank: Gross Domestic Product: Nominal. Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

View Iraq's Iraq IQ: GDP: USD: Gross Fixed Capital Formation from 2004 to 2016 in the chart:

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What was Iraq's Iraq IQ: GDP: USD: Gross Fixed Capital Formation in 2016?

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