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Iran economy ranking: GDP & GDP per capita, debt

Updated on by Georank

Iran ranked 44/197 by economy size with a GDP of $363B and 135/197 by GDP per capita at $3,924. Iran has $135B in government debt, with a debt-to-GDP ratio of 37.3%.

In 2025, Iran made up 0.31% of the world's economy, compared to 0.31% in 1960.

Iran GDP & GDP growth by year

GDP, current $
Real growth
1x
Year GDP GDP growth
2025 $362,682,115,433 -2.83%
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 (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/iran | CC BY

Iran GDP per capita by year

GDP per capita
GDP per capita, PPP
1x
Year Current $
GDP per capita GDP per capita, PPP
2025 $3,924 -
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 (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/iran | CC BY

Iran has a GDP per capita of $3,924, ranking 135/197, a GDP per capita based on purchasing power parity (PPP) of $19,874, ranking 97/197, and a median annual after tax income of $2,958, ranking 132/197.

Iran GDP rankings by year

GDP
GDP per capita
GDP per capita, PPP
1x
Year Rank
GDP GDP per capita GDP per capita, PPP
2025 42 123 -
2024 34 114 90
2023 34 115 92
2022 36 117 92
2021 37 111 92
2020 42 133 89
2019 38 124 98
2018 31 108 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 (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/iran | CC BY

Compared with 2000, in 2025 Iran is ranked 42nd out of 179 by GDP (down from 36th), 123rd by GDP per capita (down from 100th), and 90th by GDP per capita PPP (down from 58th).

Economic indicators

Iran Rank
Gross domestic product
$363B
2025
44/197
GDP growth
-2.83%
2024-2025
191/194
GDP per capita
$3,924
2025
135/197
GDP per capita, PPP
$19,874
2024
97/197
Government debt
$135B
2025
53/185
Debt-to-GDP ratio
37.3%
2025
139/185
Government debt per person
$1,463
2025
133/185
Average annual personal income after taxes
$2,958
2026
132/197
Listed domestic companies
630
2025
13/103
Market capitalization of domestic companies
$186B
2025
35/100
Income share by richest 10%
28.2%
2023
77/169
Income share by poorest 10%
2.8%
2023
84/169
Government expenditure, % of GDP
13.4%
2025
189/195
Consumer prices inflation
42.2%
2024-2025
5/195
Central bank interest rate
23%
2023
7/106
Unemployment rate
7.63%
2024
56/196
Population
93580141
17/197

Government spending, deficit, and debt by year

Spending
Debt
Deficit/surplus
1x
Year % of GDP
Government spending Government debt Government deficit/surplus
2025 13.4% 37.3% -5.65%
2024 16% 31.2% -2.68%
2023 12.8% 29.6% -3.04%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1995, retrieved 2026-07-08).

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 46 years, Iran recorded a fiscal deficit in 44 of them, with an average annual deficit equal to 3.33% of GDP. In 2025, government spending reached $48.7B (13.4% of GDP), with a deficit of 5.65%.

The national debt reached $135B, ranking 53rd out of 185 countries by total size, with a debt-to-GDP ratio of 37.3%, ranking 139th.

Inflation rate by year

1x
Year Inflation
2025 42.2%
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 (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/iran | CC BY

Over the past 20 years, Iran has had an average annual inflation rate of 25.3%. In 2025, inflation was 42.2%. 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
18/190
Goods imports
$15.2B
2000
96/189
Goods exports
$28.3B
2000
72/189
Service imports
$2.3B
2000
117/189
Service exports
$1.38B
2000
122/189
Imports of goods and services, % of GDP
34.5%
2025
112/182
Exports of goods and services, % of GDP
25.8%
2025
124/193

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 14/193
Metals $9.77B 35/192
Chemicals & pharma $9.29B 35/193
Transport & tourism services $7.97B 57/191
Raw agricultural goods $3.64B 38/193
Textiles & consumer goods $1.64B 66/193
Animal & marine products $1.31B 50/192
Machinery & equipment $1.28B 78/193
Processed food, beverages & tobacco $1.12B 78/192
Business & finance services $837M 84/189

Top 10 imports

Iran Rank
Machinery & equipment $21.9B 51/193
Transport & tourism services $12.7B 47/191
Raw agricultural goods $11.5B 17/193
Chemicals & pharma $7.51B 55/193
Miscellaneous $5.31B 17/193
Processed food, beverages & tobacco $4.87B 46/193
Raw materials & minerals $3.88B 85/193
Metals $3.63B 62/193
Textiles & consumer goods $2.77B 67/193
Wood & paper products $2.09B 41/193

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

1x
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 2026-07-08).

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
47.1%
2025
150/191
Industry, % of GDP
39.6%
2025
16/194
Agriculture, forestry, and fishing, % of GDP
10.6%
2025
67/193
GNI, Atlas method
$429B
2025
38/194
GNI per capita, PPP
$19,660
2025
96/191
Total reserves including gold
$7.69B
1982
89/177
Net foreign direct investment
-$39M
2000
62/189
Net inflows of foreign direct investment
$1.45B
2024
85/193
Net outflows of foreign direct investment
$89.4M
2024
86/193
Servicing debt to the IMF, % of GNI
0.08%
2024
121/121
Poverty at national poverty lines
18.7%
2020
107/176
Gross capital formation, % of GDP
41.8%
2025
5/179

Compare Iran vs other countries

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/iran | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1962–1995, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2022–2023, retrieved 2026-07-08)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)
  8. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  9. LivingCost (2026, retrieved 2026-07-08)

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.