Iran vs Libya: Economic Indicators Comparison

Iran with a GDP of $454B ranked the 29th largest economy in the world, while Libya ranked 86th with $48.4B. By GDP 5-years average growth and GDP per capita, Iran and Libya ranked 102nd vs 144th and 105th vs 91st, respectively.

Gross Domestic Product & Income

StatIranLibya
GDP$454B$48.4B
GDP growth, 1 year-3.9%17.9%
GDP growth, 5-years average2.8%1.7%
Population80M6.7M
GDP per capita$5.6k$7.2k
GDP per capita growth2.33%6.37%
Purchasing Power Parity conversion factor9035.960.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.35
GDP per capita, PPP adjusted$20k$11k
GNI, Atlas method$441B$42.8B
GNI per capita$5.5k$6.4k
GNI, PPP adjusted$1.7T$142.5B
GNI per capita, PPP adjusted$21k$21k

Financial system and Human development

StatIranLibya
Income Tax Rate35%10%
Corporate Tax Rate25%N/A
Inflation, consumer prices31.2%23.1%
Inflation, GDP deflator12.2%15.8%
Unemployment12%17.3%
Economic Freedom Index49.247
Personal Freedom Index4.835.17
Human Freedom Index5.294.98
Property Rights Index36.930.1
Judical Effectiveness Index37.120.8
Business Freedom Index57.340.7
Fiscal Health Index86.5N/A
Labor Freedom Index50.753.9
Investment Freedom Index55
Financial Freedom Index10N/A
Trade Freedom Index54.6N/A
Monetary Freedom Index4953.6
Government Spending Index89.20
Tax Burden Index81N/A
Government Integrity Index33.518.9
Corruption Perceptions Index2817
Life expectancy at birth, years76.372.5
Suicide mortality rate, per 100,000 people4.15.2
Mortality caused by road traffic injury, per 100,000 people20.526.1
Intentional homicides, per 100,000 people2.52.5
International tourism, number of arrivals7.3M142k

Government debt & reserves

StatIranLibya
Central government debt, % of GDP33.2%4.9%
External debt stocks, % of GNI1.5%N/A
External debt stocks$6.3BN/A
Short-term debt, % of total reserves62.1%N/A
Total debt service, % of exports and primary income0.8%N/A
Adjusted net savings including particulate emission damage, % of GNI8.2%35%
Gross savings, % of GDP37.7%67.3%
Gross capital formation, % of GDP34.7%29.8%
Total reserves including gold$7.7B$85.3B
Foreign direct investment net inflows$3.5B$0

Exports, imports and economic structure

StatIranLibya
Exports of goods and services, % of GDP24.9%62.2%
Imports of goods and services, % of GDP23.8%40.1%
Current account balance (balance of payments)$12.5B-$4.7B
Revenue excluding grants, % of GDP25.4%N/A
Grants excluding technical cooperation, BoP$65M$268.9M
Personal remittances received$1.3B$16M
Industry including construction value added, % of GDP34.9%77.5%
Agriculture, forestry and fishing value added, % of GDP9.5%1.8%
Charges for the use of intellectual property, payments BoPN/AN/A
Charges for the use of intellectual property, receipts BoPN/A$10M
Expense, % of GDP19.6%N/A
Government Expenditure, % of GDP19%105.8%

Compare with countries close by GDP per capita

Iran vs

CountryGDP
per capita
Population
Serbia
$7.2k
7.02M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M

Libya vs

CountryGDP
per capita
Population
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M