The general trend of gross fixed capital formation at the 2016-17 constant prices has been declining over the decade ranging from the fiscal 2011-12 to 2021-22.
The average annual investment growth was at -6.9% during the 10 years under review.
The lowest investment volume was registered in the fiscal 2019-20 at 2,490 trillion rials ($7.79 billion), which is half the figure of fiscal 2011-12, the Economic Studies Department of Tehran Chamber of Commerce, Industries, Mines and Agriculture reported.
In the fiscal 2021-22, real investment amounted to 340 billion rials ($1.06 million), which marked zero growth compared with the fiscal 2020-21.
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