Iran ranked 34/197 by economy size with a GDP of $475B and 119/197 by GDP per capita at $5,190. Iran has $162B in government debt, with a debt-to-GDP ratio of 34%.
In 2024, Iran made up 0.43% of the world's economy, compared to 0.31% in 1960.
Iran GDP & GDP growth by year
| Year | GDP | GDP growth |
|---|---|---|
| 2024 | $475,252,089,215 | 3.66% |
| 2023 | $457,510,482,317 | 5.33% |
| 2022 | $422,662,261,526 | 4.35% |
| 2021 | $407,350,685,583 | 4.13% |
| 2020 | $280,934,329,280 | 4.44% |
| 2019 | $347,988,400,958 | -2.36% |
| 2018 | $411,903,303,606 | -3.75% |
| 2017 | $510,239,893,418 | 3.03% |
| 2016 | $478,618,064,871 | 8.82% |
| 2015 | $409,191,686,497 | -1.42% |
| 2014 | $462,284,793,281 | 4.98% |
| 2013 | $500,399,839,840 | -1.52% |
| 2012 | $644,019,315,004 | -3.75% |
| 2011 | $629,082,257,472 | 2.65% |
| 2010 | $487,069,570,464 | 5.8% |
| 2009 | $414,059,094,949 | 1.01% |
| 2008 | $406,070,949,554 | 0.25% |
| 2007 | $349,736,591,832 | 8.16% |
| 2006 | $265,602,187,404 | 5% |
| 2005 | $224,970,371,325 | 3.19% |
| 2004 | $187,754,571,248 | 4.34% |
| 2003 | $151,911,222,119 | 8.64% |
| 2002 | $128,626,917,504 | 8.08% |
| 2001 | $126,878,750,296 | 2.39% |
| 2000 | $109,591,707,802 | 5.85% |
| 1999 | $113,848,450,088 | 2% |
| 1998 | $110,276,913,363 | 2.08% |
| 1997 | $113,919,163,421 | 1.35% |
| 1996 | $120,403,931,885 | 6.35% |
| 1995 | $96,419,225,744 | 2.4% |
| 1994 | $71,841,461,173 | -1.7% |
| 1993 | $63,743,623,232 | -1.47% |
| 1992 | $119,768,691,217 | 3.3% |
| 1991 | $131,637,664,958 | 12.7% |
| 1990 | $124,813,263,926 | 13.6% |
| 1989 | $120,496,362,916 | 6.13% |
| 1988 | $123,057,861,334 | -6.08% |
| 1987 | $134,009,995,923 | -0.17% |
| 1986 | $209,094,561,833 | -9.78% |
| 1985 | $180,183,629,600 | 1.87% |
| 1984 | $162,276,728,620 | -7.14% |
| 1983 | $156,365,156,618 | 11.1% |
| 1982 | $125,948,756,439 | 23.2% |
| 1981 | $100,499,312,750 | -5.7% |
| 1980 | $94,362,275,580 | -21.6% |
| 1979 | $90,391,877,326 | -12% |
| 1978 | $77,994,316,621 | -12.8% |
| 1977 | $80,600,122,702 | -2.77% |
| 1976 | $68,055,295,081 | 18.3% |
| 1975 | $51,776,222,350 | -0.33% |
| 1974 | $46,209,092,072 | 5.8% |
| 1973 | $27,081,698,250 | 7.44% |
| 1972 | $17,153,463,263 | 14.5% |
| 1971 | $13,731,802,833 | 13.7% |
| 1970 | $10,976,245,154 | 10.9% |
| 1969 | $9,743,089,607 | 15.5% |
| 1968 | $8,623,172,960 | 14.4% |
| 1967 | $7,555,383,690 | 11.3% |
| 1966 | $6,789,938,672 | 11.5% |
| 1965 | $6,197,319,929 | 17% |
| 1964 | $5,379,845,648 | 8.48% |
| 1963 | $4,928,628,018 | 7.04% |
| 1962 | $4,693,566,416 | 7.91% |
| 1961 | $4,426,949,095 | 10.4% |
| 1960 | $4,199,134,390 | - |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/economy/iran | CC BY 
Iran GDP per capita by year
| Year | Current $ | |
|---|---|---|
| GDP per capita | GDP per capita, PPP | |
| 2024 | $5,190 | $19,874 |
| 2023 | $5,049 | $18,917 |
| 2022 | $4,721 | $17,546 |
| 2021 | $4,605 | $15,884 |
| 2020 | $3,203 | $15,119 |
| 2019 | $3,997 | $13,928 |
| 2018 | $4,783 | $15,324 |
| 2017 | $6,001 | $15,719 |
| 2016 | $5,711 | $15,195 |
| 2015 | $4,953 | $14,274 |
| 2014 | $5,672 | $16,065 |
| 2013 | $6,223 | $16,215 |
| 2012 | $8,114 | $17,021 |
| 2011 | $8,026 | $19,275 |
| 2010 | $6,291 | $18,628 |
| 2009 | $5,416 | $17,615 |
| 2008 | $5,377 | $17,549 |
| 2007 | $4,688 | $17,384 |
| 2006 | $3,619 | $15,907 |
| 2005 | $3,132 | $15,016 |
| 2004 | $2,672 | $14,425 |
| 2003 | $2,209 | $13,755 |
| 2002 | $1,891 | $12,554 |
| 2001 | $1,881 | $11,533 |
| 2000 | $1,650 | $11,187 |
| 1999 | $1,740 | $10,489 |
| 1998 | $1,709 | $10,285 |
| 1997 | $1,790 | $10,101 |
| 1996 | $1,915 | $9,916 |
| 1995 | $1,550 | $9,255 |
| 1994 | $1,168 | $8,951 |
| 1993 | $1,038 | $8,933 |
| 1992 | $1,957 | $8,888 |
| 1991 | $2,194 | $8,580 |
| 1990 | $2,138 | $7,566 |
| 1989 | $2,125 | - |
| 1988 | $2,234 | - |
| 1987 | $2,513 | - |
| 1986 | $4,064 | - |
| 1985 | $3,634 | - |
| 1984 | $3,395 | - |
| 1983 | $3,397 | - |
| 1982 | $2,845 | - |
| 1981 | $2,393 | - |
| 1980 | $2,368 | - |
| 1979 | $2,352 | - |
| 1978 | $2,101 | - |
| 1977 | $2,243 | - |
| 1976 | $1,954 | - |
| 1975 | $1,532 | - |
| 1974 | $1,409 | - |
| 1973 | $851 | - |
| 1972 | $555 | - |
| 1971 | $457 | - |
| 1970 | $377 | - |
| 1969 | $345 | - |
| 1968 | $314 | - |
| 1967 | $283.7 | - |
| 1966 | $262.9 | - |
| 1965 | $247.5 | - |
| 1964 | $221.7 | - |
| 1963 | $209.6 | - |
| 1962 | $205.8 | - |
| 1961 | $200.1 | - |
| 1960 | $195.6 | - |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/economy/iran | CC BY
Iran has a GDP per capita of $5,190, ranking 119/197, a GDP per capita based on purchasing power parity (PPP) of $19,874, ranking 97/197, and a median annual after tax income of $2,964, ranking 143/197.
Iran GDP rankings by year
| Year | Rank | ||
|---|---|---|---|
| GDP | GDP per capita | GDP per capita, PPP | |
| 2024 | 34 | 111 | 90 |
| 2023 | 34 | 115 | 92 |
| 2022 | 36 | 116 | 92 |
| 2021 | 37 | 112 | 92 |
| 2020 | 42 | 132 | 89 |
| 2019 | 38 | 124 | 98 |
| 2018 | 31 | 109 | 86 |
| 2017 | 25 | 98 | 82 |
| 2016 | 24 | 96 | 82 |
| 2015 | 27 | 104 | 86 |
| 2014 | 28 | 104 | 78 |
| 2013 | 28 | 98 | 74 |
| 2012 | 21 | 80 | 71 |
| 2011 | 21 | 77 | 63 |
| 2010 | 22 | 87 | 62 |
| 2009 | 24 | 87 | 61 |
| 2008 | 27 | 92 | 62 |
| 2007 | 27 | 93 | 60 |
| 2006 | 30 | 96 | 59 |
| 2005 | 30 | 96 | 58 |
| 2004 | 33 | 97 | 57 |
| 2003 | 34 | 100 | 55 |
| 2002 | 33 | 101 | 58 |
| 2001 | 33 | 96 | 59 |
| 2000 | 36 | 100 | 58 |
| 1999 | 35 | 96 | 58 |
| 1998 | 35 | 102 | 57 |
| 1997 | 36 | 97 | 56 |
| 1996 | 35 | 95 | 51 |
| 1995 | 36 | 99 | 51 |
| 1994 | 40 | 108 | 52 |
| 1993 | 38 | 109 | 52 |
| 1992 | 29 | 79 | 51 |
| 1991 | 27 | 77 | 51 |
| 1990 | 28 | 78 | 59 |
| 1989 | 22 | 70 | - |
| 1988 | 23 | 67 | - |
| 1987 | 19 | 59 | - |
| 1986 | 12 | 43 | - |
| 1985 | 14 | 44 | - |
| 1984 | 14 | 43 | - |
| 1983 | 13 | 44 | - |
| 1982 | 17 | 48 | - |
| 1981 | 20 | 56 | - |
| 1980 | 19 | 55 | - |
| 1979 | 19 | 47 | - |
| 1978 | 20 | 45 | - |
| 1977 | 17 | 42 | - |
| 1976 | 18 | 42 | - |
| 1975 | 19 | 46 | - |
| 1974 | 19 | 46 | - |
| 1973 | 22 | 55 | - |
| 1972 | 24 | 59 | - |
| 1971 | 25 | 62 | - |
| 1970 | 28 | 70 | - |
| 1969 | 27 | 61 | - |
| 1968 | 28 | 61 | - |
| 1967 | 28 | 66 | - |
| 1966 | 29 | 68 | - |
| 1965 | 28 | 70 | - |
| 1964 | 33 | 68 | - |
| 1963 | 33 | 67 | - |
| 1962 | 33 | 64 | - |
| 1961 | 34 | 64 | - |
| 1960 | 32 | 65 | - |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/economy/iran | CC BY
Compared with 2000, in 2024 Iran is ranked 34th out of 182 by GDP (up from 36th), 111th by GDP per capita (down from 100th), and 90th by GDP per capita PPP (down from 58th).
Economic indicators
Iran
|
Rank | |
|---|---|---|
| Gross domestic product |
$475B
2024 |
34/197 |
| GDP growth |
3.66%
2023-2024 |
81/194 |
| GDP per capita |
$5,190
2024 |
119/197 |
| GDP per capita, PPP |
$19,874
2024 |
97/197 |
| Government debt |
$162B
2024 |
47/185 |
| Debt-to-GDP ratio |
34%
2024 |
147/185 |
| Government debt per person |
$1,764
2024 |
122/185 |
| Average annual personal income after taxes |
$2,964
2026 |
143/197 |
| Listed domestic companies |
594
2024 |
14/103 |
| Market capitalization of domestic companies |
$172B
2024 |
34/100 |
| Income share by richest 10% |
28.2%
2023 |
78/169 |
| Income share by poorest 10% |
2.8%
2023 |
84/169 |
| Government expenditure, % of GDP |
14.2%
2024 |
184/195 |
| Consumer prices inflation |
32.5%
2023-2024 |
11/195 |
| Central bank interest rate |
23%
2023 |
8/106 |
| Unemployment rate |
7.63%
2024 |
56/196 |
| Population |
93468444
|
17/197 |
Government spending, deficit, and debt by year
| Year | % of GDP | ||
|---|---|---|---|
| Government spending | Government debt | Government deficit/surplus | |
| 2024 | 14.2% | 34% | -3.83% |
| 2023 | 12.8% | 29.6% | -2.54% |
| 2022 | 12.8% | 34.5% | -2.64% |
| 2021 | 13.4% | 39.9% | -3.01% |
| 2020 | 12.1% | 47.1% | -4.87% |
| 2019 | 13.6% | 44.6% | -4.3% |
| 2018 | 14.8% | 41.6% | -1.59% |
| 2017 | 16.4% | 43.2% | -1.55% |
| 2016 | 16.3% | 45.9% | -1.7% |
| 2015 | 14.1% | 32.1% | -1.3% |
| 2014 | 12.3% | 10.9% | -0.91% |
| 2013 | 11.5% | 10.2% | -0.72% |
| 2012 | 11.4% | 11.7% | -0.5% |
| 2011 | 14.6% | 10.6% | -0.66% |
| 2010 | 14.1% | 12.8% | -0.84% |
| 2009 | 15.7% | 11.5% | -3.3% |
| 2008 | 16.8% | 10.6% | -4.39% |
| 2007 | 14.2% | 13.5% | -2.41% |
| 2006 | 18.7% | 15.2% | -4.91% |
| 2005 | 17.9% | 18.3% | -2.44% |
| 2004 | 15.1% | 21.1% | -2.45% |
| 2003 | 15.7% | 21.9% | -2.76% |
| 2002 | 15.6% | 23.4% | -2.88% |
| 2001 | 13.6% | 21% | 0.02% |
| 2000 | 13.3% | 18.2% | 5.42% |
| 1999 | 15.7% | 22.2% | -0.51% |
| 1998 | 16.9% | 29.6% | -5.03% |
| 1997 | 17.4% | 30.9% | -1.81% |
| 1996 | 17.3% | 29.3% | -0.75% |
| 1995 | 21% | 31.2% | -2.63% |
| 1994 | 23% | 41.7% | -3.36% |
| 1993 | 27.2% | 25.6% | -5.15% |
| 1992 | 14.4% | 25.2% | -0.86% |
| 1991 | 14% | 29.3% | -1.64% |
| 1990 | 16.4% | 37% | -1.73% |
| 1989 | 20% | 48.8% | -4.45% |
| 1988 | 23.6% | 53.2% | -10.3% |
| 1987 | 18.6% | 48.6% | -6.84% |
| 1986 | 19% | 47.4% | -7.84% |
| 1985 | 21.6% | 8.73% | -3.74% |
| 1984 | 23.7% | 10% | -4.02% |
| 1983 | 27.5% | 35.7% | -6.15% |
| 1982 | 29.7% | 47.7% | -5.55% |
| 1981 | 33.7% | 47.6% | -10.7% |
| 1980 | 35.8% | 35.5% | -14.2% |
| 1979 | - | - | - |
| 1978 | - | - | - |
| 1977 | - | 9.23% | - |
| 1976 | - | 6.92% | - |
| 1975 | - | 8.81% | - |
| 1974 | - | 6.68% | - |
| 1973 | - | 12.8% | - |
| 1972 | - | 12.7% | - |
| 1971 | - | 14.2% | - |
| 1970 | - | 14.1% | - |
| 1969 | - | - | - |
| 1968 | 23.6% | - | -4.57% |
| 1967 | 22.3% | - | -4% |
| 1966 | 20.5% | - | -2.63% |
| 1965 | 16.3% | 14.9% | -1.23% |
| 1964 | 15.4% | 15.2% | -0.04% |
| 1963 | 14.8% | 12.4% | 0.26% |
| 1962 | 15.6% | 13.4% | -1.39% |
Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1995, retrieved 2026-02-20).
GeoRank.org/economy/iran | CC BY
This chart shows Iran's government spending, budget balance, and debt over time, each expressed as a share of GDP.
Over the past 45 years, Iran recorded a fiscal deficit in 43 of them, with an average annual deficit equal to 3.29% of GDP. In 2024, government spending reached $67.5B (14.2% of GDP), with a deficit of 3.83%.
The national debt reached $162B, ranking 47th out of 185 countries by total size, with a debt-to-GDP ratio of 34%, ranking 147th.
Inflation rate by year
| Year | Inflation |
|---|---|
| 2024 | 32.5% |
| 2023 | 44.6% |
| 2022 | 43.5% |
| 2021 | 43.4% |
| 2020 | 30.6% |
| 2019 | 39.9% |
| 2018 | 18% |
| 2017 | 8.04% |
| 2016 | 7.25% |
| 2015 | 12.5% |
| 2014 | 16.6% |
| 2013 | 36.6% |
| 2012 | 27.3% |
| 2011 | 26.3% |
| 2010 | 10.1% |
| 2009 | 13.6% |
| 2008 | 25.4% |
| 2007 | 17.3% |
| 2006 | 10% |
| 2005 | 13.4% |
| 2004 | 14.8% |
| 2003 | 16.5% |
| 2002 | 14.3% |
| 2001 | 11.3% |
| 2000 | 14.5% |
| 1999 | 20.1% |
| 1998 | 17.9% |
| 1997 | 17.3% |
| 1996 | 28.9% |
| 1995 | 49.7% |
| 1994 | 31.4% |
| 1993 | 21.2% |
| 1992 | 25.8% |
| 1991 | 17.1% |
| 1990 | 7.63% |
| 1989 | 22.3% |
| 1988 | 28.7% |
| 1987 | 28.6% |
| 1986 | 18.4% |
| 1985 | 4.39% |
| 1984 | 12.5% |
| 1983 | 19.7% |
| 1982 | 18.7% |
| 1981 | 24.2% |
| 1980 | 20.6% |
| 1979 | 10.5% |
| 1978 | 11.7% |
| 1977 | 27.3% |
| 1976 | 11.3% |
| 1975 | 12.9% |
| 1974 | 14.2% |
| 1973 | 9.82% |
| 1972 | 6.4% |
| 1971 | 4.2% |
| 1970 | 1.67% |
| 1969 | 3.59% |
| 1968 | 0.69% |
| 1967 | 1.6% |
| 1966 | -0.39% |
| 1965 | 2.15% |
| 1964 | 3.81% |
| 1963 | 0.37% |
| 1962 | 0.72% |
| 1961 | 3.16% |
| 1960 | 9.82% |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/economy/iran | CC BY
Over the past 20 years, Iran has had an average annual inflation rate of 23.8%. In 2024, inflation was 32.5%. The bar chart above shows consumer price inflation by year.
Balance of trade
|
Iran
|
Rank | |
|---|---|---|
|
Current account balance
|
$12.5B
2000 |
22/190 |
| Current account balance, % of GDP |
+11.4%
2000 |
17/190 |
| Goods imports |
$15.2B
2000 |
92/189 |
| Goods exports |
$28.3B
2000 |
70/189 |
| Service imports |
$2.3B
2000 |
116/189 |
| Service exports |
$1.38B
2000 |
120/189 |
| Imports of goods and services, % of GDP |
28.5%
2024 |
134/181 |
| Exports of goods and services, % of GDP |
23.6%
2024 |
134/193 |
Iran top 10 trading partners
Iran's biggest trading partner accounting for 35.2% of all exports and imports is China, with a trade balance between the two of +$9.96B: Iran exports $28.3B worth of goods and services to China and imports $18.3B.
Below is the list of the top 10 trade partners of Iran.
| Rank | Country | Trade value | Share of total trade | Export to | Import from | Top export to | Top import from |
|---|---|---|---|---|---|---|---|
| 1 |
China
|
$46.6B | 35.2% | $28.3B | $18.3B | Raw materials & minerals | Machinery & equipment |
| 2 |
UAE
|
$26.7B | 20.1% | $6.09B | $20.6B | Raw materials & minerals | Machinery & equipment |
| 3 |
Turkey
|
$14B | 10.5% | $7.07B | $6.9B | Raw materials & minerals | Machinery & equipment |
| 4 |
Iraq
|
$12.5B | 9.45% | $12B | $490M | Raw materials & minerals | Precious metals & jewellery |
| 5 |
India
|
$4.54B | 3.43% | $2.38B | $2.17B | Raw materials & minerals | Raw agricultural goods |
| 6 |
Russia
|
$2.76B | 2.08% | $910M | $1.85B | Raw agricultural goods | Raw agricultural goods |
| 7 |
Pakistan
|
$2.61B | 1.97% | $1.97B | $636M | Raw materials & minerals | Raw agricultural goods |
| 8 |
Germany
|
$2.46B | 1.85% | $170M | $2.29B | Raw agricultural goods | Machinery & equipment |
| 9 |
Oman
|
$2.19B | 1.65% | $1.23B | $956M | Metals | Raw agricultural goods |
| 10 |
Afghanistan
|
$1.8B | 1.36% | $1.76B | $35.7M | Raw materials & minerals | Raw agricultural goods |
Top 10 exports
|
Iran
|
Rank | |
|---|---|---|
| Raw materials & minerals | $76.2B | 17/193 |
| Metals | $9.77B | 34/192 |
| Chemicals & pharma | $9.29B | 36/193 |
| Transport & tourism services | $6.71B | 56/188 |
| Raw agricultural goods | $3.64B | 37/193 |
| Textiles & consumer goods | $1.64B | 65/193 |
| Animal & marine products | $1.31B | 48/192 |
| Machinery & equipment | $1.28B | 80/193 |
| Processed food, beverages & tobacco | $1.12B | 75/192 |
| Business & finance services | $649M | 83/188 |
Top 10 imports
|
Iran
|
Rank | |
|---|---|---|
| Machinery & equipment | $21.9B | 49/193 |
| Transport & tourism services | $12.2B | 45/188 |
| Raw agricultural goods | $11.5B | 18/193 |
| Chemicals & pharma | $7.51B | 50/193 |
| Miscellaneous | $5.31B | 19/193 |
| Processed food, beverages & tobacco | $4.87B | 41/193 |
| Raw materials & minerals | $3.88B | 83/193 |
| Metals | $3.63B | 59/193 |
| Textiles & consumer goods | $2.77B | 67/193 |
| Wood & paper products | $2.09B | 40/193 |
Economic freedom indices
|
Iran
|
Rank | |
|---|---|---|
| Economic freedom | 41.8 | 185/197 |
| Property rights | 20.2 | 159/182 |
| Government integrity | 16.2 | 165/182 |
| Judicial effectiveness | 18.7 | 151/182 |
| Tax burden | 81.3 | 76/182 |
| Government spending | 94.7 | 6/180 |
| Fiscal health | 83.3 | 68/181 |
| Business freedom | 37.4 | 161/182 |
| Labor freedom | 41.8 | 166/182 |
| Monetary freedom | 42.2 | 172/180 |
| Trade freedom | 55.8 | 163/181 |
| Investment freedom | 5 | 175/181 |
| Financial freedom | 5 | 180/181 |
Economic freedom by year
| Year | Index | ||||
|---|---|---|---|---|---|
| Economic freedom | Judicial effectiveness | Tax burden | Government spending | Fiscal health | |
| 2026 | 41.8 | 18.7 | 81.3 | 94.7 | 83.3 |
| 2025 | 42.5 | 18.6 | 81.3 | 94 | 84.1 |
| 2024 | 41.2 | 18.8 | 81.1 | 95.3 | 62.5 |
| 2023 | 42.2 | 19.6 | 81.1 | 94.8 | 58.8 |
| 2022 | 42.4 | 29.4 | 80.8 | 92.5 | 54.7 |
| 2021 | 47.2 | 28.3 | 80.8 | 90.1 | 82.8 |
| 2020 | 49.2 | 37.1 | 81 | 89.2 | 86.5 |
| 2019 | 51.1 | 41.3 | 80.9 | 89.8 | 89.5 |
| 2018 | 50.9 | 35.3 | 81 | 91.1 | 91.7 |
| 2017 | 50.5 | 36 | 81.1 | 92.7 | 94.9 |
| 2016 | 43.5 | - | 81.2 | 93.2 | - |
| 2015 | 41.8 | - | 81.2 | 93 | - |
| 2014 | 40.3 | - | 80.6 | 85.9 | - |
| 2013 | 43.2 | - | 80.8 | 80.5 | - |
| 2012 | 42.3 | - | 80.6 | 76.9 | - |
| 2011 | 42.1 | - | 81.1 | 76 | - |
| 2010 | 43.4 | - | 81.1 | 79.6 | - |
| 2009 | 44.6 | - | 81 | 79.7 | - |
| 2008 | 45 | - | 81.1 | 84.5 | - |
| 2007 | 45 | - | 81.2 | 84.5 | - |
| 2006 | 45 | - | 81.2 | 85.1 | - |
| 2005 | 50.5 | - | 81.2 | 88 | - |
| 2004 | 42.8 | - | 64.2 | 80.2 | - |
| 2003 | 43.2 | - | 64.2 | 89.6 | - |
| 2002 | 36.4 | - | 40.9 | 79.7 | - |
| 2001 | 35.9 | - | 41.3 | 82.7 | - |
| 2000 | 36.1 | - | 41.3 | 79.7 | - |
| 1999 | 36.8 | - | 41.4 | 84 | - |
| 1998 | 36 | - | 41.5 | 84.8 | - |
| 1997 | 34.5 | - | 41.5 | 85.1 | - |
| 1996 | 36.1 | - | 41.5 | 92.1 | - |
Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).
GeoRank.org/economy/iran | CC BY
Iran is ranked 167/174 for economic freedom with a score of 41.8, compared to 150/162 and a score of 45 in 2006.
Other economic metrics
|
Iran
|
Rank | |
|---|---|---|
| Services, % of GDP |
49.8%
2024 |
135/191 |
| Industry, % of GDP |
36.1%
2024 |
30/194 |
| Agriculture, forestry, and fishing, % of GDP |
10.8%
2024 |
66/193 |
|
GNI, Atlas method
|
$469B
2024 |
33/194 |
| GNI per capita, PPP |
$19,820
2024 |
93/191 |
| Total reserves including gold |
$7.69B
1982 |
85/177 |
|
Net foreign direct investment
|
-$39M
2000 |
63/189 |
|
Net inflows of foreign direct investment
|
$1.45B
2024 |
84/193 |
|
Net outflows of foreign direct investment
|
$89.4M
2024 |
89/193 |
|
Servicing debt to the IMF, % of GNI
|
0.08%
2024 |
121/121 |
| Poverty at national poverty lines |
18.7%
2020 |
111/176 |
|
Gross capital formation, % of GDP
|
44.3%
2024 |
3/178 |
Compare Iran vs other countries
GDP per capita map
Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).
GeoRank.org/economy/iran | CC BY
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Data sources:
- World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
- International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
- The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
- International Monetary Fund (IMF) | Public Finances in Modern History (1962–1995, retrieved 2026-02-20)
- U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
- TradeMap (2019–2023, retrieved 2026-02-08)
- Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
- United Nations | World Population Prospects (2026, retrieved 2026-03-10)
- LivingCost (2026, retrieved 2025-10-14)
Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.
The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.
Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.
A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).
Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.
Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.
Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.
Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.