Iran's Oil and Gas Capital Stock Declines by Nearly 30%

The oil and gas sector in Iran has experienced significant decline in capital stock over the past three decades. According to a report, between 1388 and 1398 (2009-2019), the sector's capital stock decreased by nearly 30%. Despite this decline, the sector shows higher capital productivity compared to the rest of the economy.

The report notes that the sector's capital productivity is significantly higher than other sectors. However, this does not translate into growth in overall investment. The sector's decline in capital stock suggests a lack of investment and potential for future challenges.