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Economy of Iran vs Ivory Coast compared: GDP & Debt

Updated on by Georank team

Iran has a GDP of $475B compared to $87.1B for Ivory Coast, ranking 34/197 and 77/197 by economy size, respectively.

Iran has $162B in government debt (34% of GDP), compared to $51.6B (59.3% of GDP) in Ivory Coast.

Iran vs Ivory Coast GDP by year

Iran
Ivory Coast
1x
Year GDP, current $
Iran Ivory Coast
2024 $475,252,089,215 $87,113,179,149
2023 $457,510,482,317 $80,780,312,569
2022 $422,662,261,526 $70,922,824,814
2021 $407,350,685,583 $72,794,636,654
2020 $280,934,329,280 $63,027,852,805
2019 $347,988,400,958 $60,382,894,697
2018 $411,903,303,606 $58,522,477,787
2017 $510,239,893,418 $52,512,343,997
2016 $478,618,064,871 $48,407,761,037
2015 $409,191,686,497 $45,815,005,169
2014 $462,284,793,281 $48,843,005,614
2013 $500,399,839,840 $42,760,235,485
2012 $644,019,315,004 $36,302,302,877
2011 $629,082,257,472 $36,693,710,801
2010 $487,069,570,464 $34,936,307,980
2009 $414,059,094,949 $33,886,813,250
2008 $406,070,949,554 $34,078,240,293
2007 $349,736,591,832 $28,760,090,953
2006 $265,602,187,404 $25,281,413,263
2005 $224,970,371,325 $24,036,918,703
2004 $187,754,571,248 $23,510,575,681
2003 $151,911,222,119 $21,251,754,340
2002 $128,626,917,504 $18,054,383,321
2001 $126,878,750,296 $16,810,537,044
2000 $109,591,707,802 $16,577,533,892
1999 $113,848,450,088 $18,870,992,456
1998 $110,276,913,363 $19,619,654,756
1997 $113,919,163,421 $18,047,558,038
1996 $120,403,931,885 $18,071,152,831
1995 $96,419,225,744 $11,000,146,267
1994 $71,841,461,173 $8,313,557,510
1993 $63,743,623,232 $11,045,760,288
1992 $119,768,691,217 $11,152,971,274
1991 $131,637,664,958 $10,492,628,581
1990 $124,813,263,926 $10,795,850,583
1989 $120,496,362,916 $9,757,410,645
1988 $123,057,861,334 $10,255,169,806
1987 $134,009,995,923 $10,087,654,465
1986 $209,094,561,833 $9,158,302,100
1985 $180,183,629,600 $6,977,650,644
1984 $162,276,728,620 $6,841,639,247
1983 $156,365,156,618 $6,838,184,773
1982 $125,948,756,439 $7,567,110,849
1981 $100,499,312,750 $8,432,589,942
1980 $94,362,275,580 $10,175,617,609
1979 $90,391,877,326 $9,142,933,967
1978 $77,994,316,621 $7,900,526,298
1977 $80,600,122,702 $6,265,068,189
1976 $68,055,295,081 $4,662,053,825
1975 $51,776,222,350 $3,893,839,190
1974 $46,209,092,072 $3,070,152,309
1973 $27,081,698,250 $2,508,421,426
1972 $17,153,463,263 $1,849,400,402
1971 $13,731,802,833 $1,584,128,509
1970 $10,976,245,154 $1,455,482,795
1969 $9,743,089,607 $1,361,360,293
1968 $8,623,172,960 $1,281,281,277
1967 $7,555,383,690 $1,082,922,725
1966 $6,789,938,672 $1,024,102,880
1965 $6,197,319,929 $919,771,229
1964 $5,379,845,648 $921,063,327
1963 $4,928,628,018 $761,047,198
1962 $4,693,566,416 $645,284,474
1961 $4,426,949,095 $618,245,634
1960 $4,199,134,390 $546,203,559

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/iran/ivory-coast | CC BY

GDP per capita in Iran vs Ivory Coast by year

Iran
GDP per capita

GDP per capita, PPP
Ivory Coast
GDP per capita

GDP per capita, PPP
1x
Year Current $
Iran Ivory Coast
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,190 $19,874 $2,728 $7,669
2023 $5,049 $18,917 $2,592 $7,237
2022 $4,721 $17,546 $2,333 $6,719
2021 $4,605 $15,884 $2,456 $6,045
2020 $3,203 $15,119 $2,180 $5,544
2019 $3,997 $13,928 $2,142 $5,516
2018 $4,783 $15,324 $2,131 $4,946
2017 $6,001 $15,719 $1,964 $4,690
2016 $5,711 $15,195 $1,863 $4,531
2015 $4,953 $14,274 $1,815 $4,404
2014 $5,672 $16,065 $1,991 $4,074
2013 $6,223 $16,215 $1,786 $3,619
2012 $8,114 $17,021 $1,547 $3,291
2011 $8,026 $19,275 $1,597 $3,176
2010 $6,291 $18,628 $1,554 $3,361
2009 $5,416 $17,615 $1,540 $3,177
2008 $5,377 $17,549 $1,584 $3,116
2007 $4,688 $17,384 $1,368 $2,985
2006 $3,619 $15,907 $1,230 $2,942
2005 $3,132 $15,016 $1,198 $2,842
2004 $2,672 $14,425 $1,200 $2,794
2003 $2,209 $13,755 $1,111 $2,702
2002 $1,891 $12,554 $968 $2,851
2001 $1,881 $11,533 $925 $2,962
2000 $1,650 $11,187 $937 $3,041
1999 $1,740 $10,489 $1,096 $3,065
1998 $1,709 $10,285 $1,177 $3,086
1997 $1,790 $10,101 $1,125 $3,040
1996 $1,915 $9,916 $1,170 $2,832
1995 $1,550 $9,255 $740 $2,683
1994 $1,168 $8,951 $582 $2,551
1993 $1,038 $8,933 $804 $2,577
1992 $1,957 $8,888 $845 $2,625
1991 $2,194 $8,580 $827 $2,677
1990 $2,138 $7,566 $886 $2,693
1989 $2,125 - $833 -
1988 $2,234 - $910 -
1987 $2,513 - $930 -
1986 $4,064 - $877 -
1985 $3,634 - $695 -
1984 $3,395 - $709 -
1983 $3,397 - $737 -
1982 $2,845 - $849 -
1981 $2,393 - $986 -
1980 $2,368 - $1,238 -
1979 $2,352 - $1,157 -
1978 $2,101 - $1,039 -
1977 $2,243 - $856 -
1976 $1,954 - $661 -
1975 $1,532 - $575 -
1974 $1,409 - $474 -
1973 $851 - $406 -
1972 $555 - $313 -
1971 $457 - $280.3 -
1970 $377 - $269 -
1969 $345 - $262.2 -
1968 $314 - $256.8 -
1967 $283.7 - $225.6 -
1966 $262.9 - $221.8 -
1965 $247.5 - $207 -
1964 $221.7 - $215.5 -
1963 $209.6 - $185.1 -
1962 $205.8 - $163.1 -
1961 $200.1 - $162.3 -
1960 $195.6 - $148.7 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/iran/ivory-coast | CC BY

Iran's GDP per capita is $5,190, ranking 119/197, compared to $2,728 in Ivory Coast, ranking 142/197. Adjusted for purchasing power (GDP per capita PPP), Iran ranks 97th at $19,874, while Ivory Coast ranks 145th at $7,669.

Economic indicators

Iran Ivory Coast
Gross domestic product
$475B
2024
$87.1B
2024
GDP rank
34/197
2024
77/197
2024
GDP growth
3.66%
2023-2024
6.02%
2023-2024
GDP per capita
$5,190
2024
$2,728
2024
GDP per capita rank
119/197
2024
142/197
2024
GDP per capita, PPP
$19,874
2024
$7,669
2024
GDP per capita PPP rank
97/197
2024
145/197
2024
Government debt
$162B
2024
$51.6B
2024
Debt-to-GDP ratio
34%
2024
59.3%
2024
Government debt per person
$1,764
2024
$1,616
2024
Government debt per person rank
122/185
2024
125/185
2024
Average annual personal income after taxes
$2,964
2026
$2,733
2026
Market capitalization of domestic companies
$172B
2024
$7.33B
2020
Income share by richest 10%
28.2%
2023
27.8%
2021
Income share by poorest 10%
2.8%
2023
3.1%
2021
Government expenditure, % of GDP
14.2%
2024
20.4%
2024
Consumer prices inflation
32.5%
2023-2024
3.45%
2023-2024
Central bank interest rate
23%
2023
n/a
Unemployment rate
7.63%
2024
2.31%
2022
Population
93468444
33722528

Spending and national debt comparison by year

Iran
Spending

Debt
Ivory Coast
Spending

Debt
1x
Year % of GDP
Iran Ivory Coast
Government spending Government debt Government spending Government debt
2024 14.2% 34% 20.4% 59.3%
2023 12.8% 29.6% 21.3% 57.5%
2022 12.8% 34.5% 21.9% 56%
2021 13.4% 39.9% 20.5% 50.2%
2020 12.1% 47.1% 20.4% 46.3%
2019 13.6% 44.6% 17.2% 37.2%
2018 14.8% 41.6% 17.6% 35.3%
2017 16.4% 43.2% 18.1% 32.6%
2016 16.3% 45.9% 17.6% 31.1%
2015 14.1% 32.1% 16.5% 29.2%
2014 12.3% 10.9% 15.2% 26.7%
2013 11.5% 10.2% 15.9% 24.6%
2012 11.4% 11.7% 16.1% 24.7%
2011 14.6% 10.6% 13.2% 50%
2010 14.1% 12.8% 14.5% 45.6%
2009 15.7% 11.5% 14.4% 46.5%
2008 16.8% 10.6% 14.6% 51.2%
2007 14.2% 13.5% 14.8% 53.5%
2006 18.7% 15.2% 14.5% 57.5%
2005 17.9% 18.3% 13.6% 58.2%
2004 15.1% 21.1% 13.5% 56.7%
2003 15.7% 21.9% 12.7% 56.4%
2002 15.6% 23.4% 13.1% 63%
2001 13.6% 21% 11.4% 71.2%
2000 13.3% 18.2% 12.9% 74%
1999 15.7% 22.2% 13.7% 78%
1998 16.9% 29.6% 14.6% 75.2%
1997 17.4% 30.9% 15.2% 84.2%
1996 17.3% 29.3% - -
1995 21% 31.2% - -
1994 23% 41.7% - -
1993 27.2% 25.6% - -
1992 14.4% 25.2% - -
1991 14% 29.3% - -
1990 16.4% 37% - -
1989 20% 48.8% - -
1988 23.6% 53.2% - -
1987 18.6% 48.6% - -
1986 19% 47.4% - -
1985 21.6% 8.73% - -
1984 23.7% 10% - -
1983 27.5% 35.7% - -
1982 29.7% 47.7% - -
1981 33.7% 47.6% - -
1980 35.8% 35.5% - -
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% - - -
1967 22.3% - - -
1966 20.5% - - -
1965 16.3% 14.9% - -
1964 15.4% 15.2% - -
1963 14.8% 12.4% - -
1962 15.6% 13.4% - -

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/ivory-coast | CC BY

In 2024, Iran's government spending was $67.5B, accounting for 14.2% of its GDP, while Ivory Coast spent $17.7B, or 20.4% of GDP.

Debt-to-GDP ratio is 34% in Iran and 59.3% in Ivory Coast, ranking 147/185 and 82/185, respectively.

Government deficit by year

Deficit/surplus
Iran

Ivory Coast
1x
Year Deficit/surplus, % of GDP
Iran Ivory Coast
2024 -3.83% -3.97%
2023 -2.54% -5.19%
2022 -2.64% -6.74%
2021 -3.01% -4.86%
2020 -4.87% -5.42%
2019 -4.3% -2.22%
2018 -1.59% -2.9%
2017 -1.55% -3.27%
2016 -1.7% -2.98%
2015 -1.3% -2.04%
2014 -0.91% -1.57%
2013 -0.72% -1.62%
2012 -0.5% -2.28%
2011 -0.66% -2.89%
2010 -0.84% -1.34%
2009 -3.3% -1%
2008 -4.39% -0.21%
2007 -2.41% -0.39%
2006 -4.91% -1.03%
2005 -2.44% -1.03%
2004 -2.45% -1.04%
2003 -2.76% -1.26%
2002 -2.88% -0.64%
2001 0.02% 0.7%
2000 5.42% -0.83%
1999 -0.51% -1.27%
1998 -5.03% -0.7%
1997 -1.81% -0.75%
1996 -0.75% -
1995 -2.63% -
1994 -3.36% -
1993 -5.15% -
1992 -0.86% -
1991 -1.64% -
1990 -1.73% -
1989 -4.45% -
1988 -10.3% -
1987 -6.84% -
1986 -7.84% -
1985 -3.74% -
1984 -4.02% -
1983 -6.15% -
1982 -5.55% -
1981 -10.7% -
1980 -14.2% -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 -4.57% -
1967 -4% -
1966 -2.63% -
1965 -1.23% -
1964 -0.04% -
1963 0.26% -
1962 -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 (1962–1989, retrieved 2026-02-20).

GeoRank.org/economy/iran/ivory-coast | CC BY

In 2024, Iran's government deficit, the difference between spending and revenue, was $18.2B, equivalent to 3.83% of GDP. This compares to Ivory Coast's deficit of $3.45B, or 3.97% of GDP.

Over the past 28 years, Iran recorded a fiscal deficit in 26 of those years, while Ivory Coast ran a deficit in 27 years. On average, Iran posted an annual deficit equal to 2.08% of GDP, compared to deficit of 2.1% of GDP for Ivory Coast.

Inflation comparison by year

Inflation
Iran

Ivory Coast
1x
Year Consumer prices inflation
Iran Ivory Coast
2024 32.5% 3.45%
2023 44.6% 4.37%
2022 43.5% 5.23%
2021 43.4% 4.16%
2020 30.6% 2.41%
2019 39.9% 0.79%
2018 18% 0.4%
2017 8.04% 0.69%
2016 7.25% 0.72%
2015 12.5% 1.25%
2014 16.6% 0.45%
2013 36.6% 2.58%
2012 27.3% 1.3%
2011 26.3% 4.91%
2010 10.1% 1.23%
2009 13.6% 1.02%
2008 25.4% 6.31%
2007 17.3% 1.89%
2006 10% 2.47%
2005 13.4% 3.89%
2004 14.8% 1.46%
2003 16.5% 3.3%
2002 14.3% 3.08%
2001 11.3% 4.36%
2000 14.5% 2.53%
1999 20.1% 0.7%
1998 17.9% 4.61%
1997 17.3% 4.02%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/iran/ivory-coast | CC BY

Over the past 28 years, Iran has recorded an average annual inflation rate of 21.6%, compared with 2.63% in Ivory Coast. In 2024, inflation was 32.5% in Iran and 3.45% in Ivory Coast.

Top exports between countries

Iran
Export category Export value
Raw materials & minerals $39.3M
Processed food, beverages & tobacco $4.8M
Raw agricultural goods $365K
Chemicals & pharma $194K
Machinery & equipment $166K
Animal & marine products $149K
Textiles & consumer goods $92K
Metals $20K
Ivory Coast
Export category Export value
Chemicals & pharma $359K

Balance of trade

Iran Ivory Coast
Current account balance
$12.5B
2000
-$9.21B
2023
Current account balance ranking
22/190
2000
175/190
2023
Current account balance, % of GDP
+11.4%
2000
-11.4%
2023
Goods imports
$15.2B
2000
$15.4B
2023
Goods exports
$28.3B
2000
$17.1B
2023
Service imports
$2.3B
2000
$8.78B
2023
Service exports
$1.38B
2000
$1.5B
2023
Imports of goods and services, % of GDP
28.5%
2024
25.2%
2024
Exports of goods and services, % of GDP
23.6%
2024
26%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Iran Ivory Coast
Economic freedom 41.8 58.1
Economic freedom ranking 185/197 111/197
Property rights 20.2 43.9
Government integrity 16.2 39.3
Judicial effectiveness 18.7 30.2
Tax burden 81.3 81.6
Government spending 94.7 86.6
Fiscal health 83.3 48
Business freedom 37.4 68.3
Labor freedom 41.8 57.1
Monetary freedom 42.2 67.6
Trade freedom 55.8 74.4
Investment freedom 5 50
Financial freedom 5 50

Economic freedom comparison by year

Iran
Ivory Coast
1x
Year Economic freedom index
Iran Ivory Coast
2026 41.8 58.1
2025 42.5 57.8
2024 41.2 58.4
2023 42.2 60.4
2022 42.4 61.6
2021 47.2 61.7
2020 49.2 59.7
2019 51.1 62.4
2018 50.9 62
2017 50.5 63
2016 43.5 60
2015 41.8 58.5
2014 40.3 57.7
2013 43.2 54.1
2012 42.3 54.3
2011 42.1 55.4
2010 43.4 54.1
2009 44.6 55
2008 45 53.9
2007 45 54.9
2006 45 56.2
2005 50.5 56.6
2004 42.8 57.8
2003 43.2 56.7
2002 36.4 57.3
2001 35.9 54.8
2000 36.1 50.2
1999 36.8 51.7
1998 36 51.3
1997 34.5 50.5
1996 36.1 49.9
1995 - 53.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/iran/ivory-coast | CC BY

The Economic Freedom Index for Iran is 41.8, ranking 185/197, compared to 58.1 for Ivory Coast, ranking 111/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Iran Ivory Coast
Services, % of GDP
49.8%
2024
51.9%
2024
Industry, % of GDP
36.1%
2024
24%
2024
Agriculture, forestry, and fishing, % of GDP
10.8%
2024
15.9%
2024
GNI, Atlas method
$469B
2024
$80.9B
2024
GNI per capita, PPP
$19,820
2024
$7,360
2024
Total reserves including gold
$7.69B
1982
n/a
Total reserves ranking
85/177
1982
n/a
Net foreign direct investment
-$39M
2000
-$2B
2023
Net inflows of foreign direct investment
$1.45B
2024
$3.12B
2024
Net outflows of foreign direct investment
$89.4M
2024
$228M
2024
Servicing debt to the IMF, % of GNI
0.08%
2024
6.44%
2024
Poverty at national poverty lines
18.7%
2020
37.5%
2021
Gross capital formation, % of GDP
44.3%
2024
20.9%
2024

GDP per capita map

1x

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/ivory-coast | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1962–1995, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.