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Economy of Iran vs Mauritius compared: GDP & Debt

Updated on by Georank team

Iran has a GDP of $475B compared to $14.9B for Mauritius, ranking 34/197 and 143/197 by economy size, respectively.

Iran has $162B in government debt (34% of GDP), compared to $13.6B (91.1% of GDP) in Mauritius.

Iran vs Mauritius GDP by year

Iran
Mauritius
1x
Year GDP, current $
Iran Mauritius
2024 $475,252,089,215 $14,937,861,786
2023 $457,510,482,317 $14,072,212,290
2022 $422,662,261,526 $12,936,444,123
2021 $407,350,685,583 $11,622,048,697
2020 $280,934,329,280 $11,566,111,138
2019 $347,988,400,958 $14,645,235,205
2018 $411,903,303,606 $14,957,535,716
2017 $510,239,893,418 $13,896,938,315
2016 $478,618,064,871 $12,757,680,847
2015 $409,191,686,497 $12,162,211,503
2014 $462,284,793,281 $13,230,490,082
2013 $500,399,839,840 $12,434,596,541
2012 $644,019,315,004 $11,832,323,837
2011 $629,082,257,472 $11,677,718,382
2010 $487,069,570,464 $10,144,716,155
2009 $414,059,094,949 $9,264,513,545
2008 $406,070,949,554 $10,127,777,060
2007 $349,736,591,832 $8,277,442,915
2006 $265,602,187,404 $7,137,710,413
2005 $224,970,371,325 $6,576,108,447
2004 $187,754,571,248 $6,667,418,752
2003 $151,911,222,119 $5,894,873,920
2002 $128,626,917,504 $4,906,494,249
2001 $126,878,750,296 $4,675,755,867
2000 $109,591,707,802 $4,726,108,622
1999 $113,848,450,088 $4,402,193,195
1998 $110,276,913,363 $4,225,813,976
1997 $113,919,163,421 $4,243,755,308
1996 $120,403,931,885 $4,481,489,762
1995 $96,419,225,744 $4,094,741,652
1994 $71,841,461,173 $3,606,050,873
1993 $63,743,623,232 $3,307,302,126
1992 $119,768,691,217 $3,267,677,814
1991 $131,637,664,958 $2,895,354,736
1990 $124,813,263,926 $2,689,212,760
1989 $120,496,362,916 $2,211,312,823
1988 $123,057,861,334 $2,163,252,449
1987 $134,009,995,923 $1,906,174,438
1986 $209,094,561,833 $1,482,601,552
1985 $180,183,629,600 $1,090,611,325
1984 $162,276,728,620 $1,054,564,759
1983 $156,365,156,618 $1,104,956,573
1982 $125,948,756,439 $1,092,923,636
1981 $100,499,312,750 $1,157,769,444
1980 $94,362,275,580 $1,147,027,924
1979 $90,391,877,326 $1,227,446,632
1978 $77,994,316,621 $1,029,040,323
1977 $80,600,122,702 $834,722,972
1976 $68,055,295,081 $713,510,052
1975 $51,776,222,350 $673,311,287
1974 $46,209,092,072 $669,894,030
1973 $27,081,698,250 $404,285,775
1972 $17,153,463,263 $318,664,900
1971 $13,731,802,833 $251,437,338
1970 $10,976,245,154 $224,125,805
1969 $9,743,089,607 $221,553,613
1968 $8,623,172,960 $206,576,631
1967 $7,555,383,690 $238,439,291
1966 $6,789,938,672 $227,534,083
1965 $6,197,319,929 $230,024,161
1964 $5,379,845,648 $218,914,569
1963 $4,928,628,018 $253,839,558
1962 $4,693,566,416 $197,738,208
1961 $4,426,949,095 $191,757,729
1960 $4,199,134,390 $162,089,564

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

GeoRank.org/economy/iran/mauritius | CC BY

GDP per capita in Iran vs Mauritius by year

Iran
GDP per capita

GDP per capita, PPP
Mauritius
GDP per capita

GDP per capita, PPP
1x
Year Current $
Iran Mauritius
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,190 $19,874 $11,991 $31,840
2023 $5,049 $18,917 $11,270 $29,561
2022 $4,721 $17,546 $10,247 $26,874
2021 $4,605 $15,884 $9,178 $23,010
2020 $3,203 $15,119 $9,136 $21,622
2019 $3,997 $13,928 $11,568 $24,375
2018 $4,783 $15,324 $11,819 $23,416
2017 $6,001 $15,719 $10,987 $22,898
2016 $5,711 $15,195 $10,095 $21,952
2015 $4,953 $14,274 $9,631 $20,270
2014 $5,672 $16,065 $10,490 $19,294
2013 $6,223 $16,215 $9,877 $18,435
2012 $8,114 $17,021 $9,422 $17,259
2011 $8,026 $19,275 $9,324 $16,884
2010 $6,291 $18,628 $8,113 $15,920
2009 $5,416 $17,615 $7,427 $15,105
2008 $5,377 $17,549 $8,141 $14,569
2007 $4,688 $17,384 $6,677 $13,612
2006 $3,619 $15,907 $5,784 $12,593
2005 $3,132 $15,016 $5,354 $11,703
2004 $2,672 $14,425 $5,461 $11,216
2003 $2,209 $13,755 $4,858 $10,535
2002 $1,891 $12,554 $4,073 $9,824
2001 $1,881 $11,533 $3,909 $9,586
2000 $1,650 $11,187 $3,982 $9,143
1999 $1,740 $10,489 $3,746 $8,344
1998 $1,709 $10,285 $3,642 $8,121
1997 $1,790 $10,101 $3,696 $7,651
1996 $1,915 $9,916 $3,952 $7,206
1995 $1,550 $9,255 $3,648 $6,771
1994 $1,168 $8,951 $3,240 $6,414
1993 $1,038 $8,933 $3,014 $6,116
1992 $1,957 $8,888 $3,013 $5,753
1991 $2,194 $8,580 $2,705 $5,351
1990 $2,138 $7,566 $2,540 $5,010
1989 $2,125 - $2,103 -
1988 $2,234 - $2,074 -
1987 $2,513 - $1,840 -
1986 $4,064 - $1,442 -
1985 $3,634 - $1,069 -
1984 $3,395 - $1,042 -
1983 $3,397 - $1,103 -
1982 $2,845 - $1,101 -
1981 $2,393 - $1,181 -
1980 $2,368 - $1,187 -
1979 $2,352 - $1,292 -
1978 $2,101 - $1,102 -
1977 $2,243 - $906 -
1976 $1,954 - $787 -
1975 $1,532 - $755 -
1974 $1,409 - $763 -
1973 $851 - $467 -
1972 $555 - $374 -
1971 $457 - $299.6 -
1970 $377 - $271.3 -
1969 $345 - $272.7 -
1968 $314 - $258.7 -
1967 $283.7 - $304 -
1966 $262.9 - $296 -
1965 $247.5 - $305 -
1964 $221.7 - $297.3 -
1963 $209.6 - $353 -
1962 $205.8 - $282.3 -
1961 $200.1 - $281.7 -
1960 $195.6 - $238.3 -

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

GeoRank.org/economy/iran/mauritius | CC BY

Iran's GDP per capita is $5,190, ranking 119/197, compared to $11,991 in Mauritius, ranking 78/197. Adjusted for purchasing power (GDP per capita PPP), Iran ranks 97th at $19,874, while Mauritius ranks 71st at $31,840.

Economic indicators

Iran Mauritius
Gross domestic product
$475B
2024
$14.9B
2024
GDP rank
34/197
2024
143/197
2024
GDP growth
3.66%
2023-2024
4.93%
2023-2024
GDP per capita
$5,190
2024
$11,991
2024
GDP per capita rank
119/197
2024
78/197
2024
GDP per capita, PPP
$19,874
2024
$31,840
2024
GDP per capita PPP rank
97/197
2024
71/197
2024
Government debt
$162B
2024
$13.6B
2024
Debt-to-GDP ratio
34%
2024
91.1%
2024
Government debt per person
$1,764
2024
$10,929
2024
Government debt per person rank
122/185
2024
54/185
2024
Average annual personal income after taxes
$2,964
2026
$7,203
2026
Market capitalization of domestic companies
$172B
2024
$9.12B
2024
Income share by richest 10%
28.2%
2023
29.9%
2017
Income share by poorest 10%
2.8%
2023
2.9%
2017
Government expenditure, % of GDP
14.2%
2024
33.7%
2024
Consumer prices inflation
32.5%
2023-2024
3.6%
2023-2024
Central bank interest rate
23%
2023
4.5%
2025
Unemployment rate
7.63%
2024
5.21%
2024
Population
93468444
1240121

Spending and national debt comparison by year

Iran
Spending

Debt
Mauritius
Spending

Debt
1x
Year % of GDP
Iran Mauritius
Government spending Government debt Government spending Government debt
2024 14.2% 34% 33.7% 91.1%
2023 12.8% 29.6% 29.9% 85.6%
2022 12.8% 34.5% 29.4% 86.9%
2021 13.4% 39.9% 30.8% 93.8%
2020 12.1% 47.1% 32.6% 93.4%
2019 13.6% 44.6% 27.8% 74.6%
2018 14.8% 41.6% 24.3% 64.1%
2017 16.4% 43.2% 24.3% 63%
2016 16.3% 45.9% 24% 64.3%
2015 14.1% 32.1% 24.5% 65%
2014 12.3% 10.9% 23% 60.6%
2013 11.5% 10.2% 24.1% 58.2%
2012 11.4% 11.7% 22.5% 55.9%
2011 14.6% 10.6% 23.7% 56.5%
2010 14.1% 12.8% 24% 56.4%
2009 15.7% 11.5% 25.2% 58.4%
2008 16.8% 10.6% 22.7% 49.4%
2007 14.2% 13.5% 21.5% 51.6%
2006 18.7% 15.2% 22.2% 59.3%
2005 17.9% 18.3% 23% 61.7%
2004 15.1% 21.1% 22.6% 61.1%
2003 15.7% 21.9% 23.4% 70.8%
2002 15.6% 23.4% 23.3% 66.7%
2001 13.6% 21% 22.4% 60.5%
2000 13.3% 18.2% 22.2% 59.7%
1999 15.7% 22.2% 27.5% -
1998 16.9% 29.6% 26.6% -
1997 17.4% 30.9% 27.5% -
1996 17.3% 29.3% 27.4% -
1995 21% 31.2% 27.3% -
1994 23% 41.7% 27.5% -
1993 27.2% 25.6% 24.5% -
1992 14.4% 25.2% 26.8% -
1991 14% 29.3% 27.2% -
1990 16.4% 37% 30.2% -
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/mauritius | CC BY

In 2024, Iran's government spending was $67.5B, accounting for 14.2% of its GDP, while Mauritius spent $5.03B, or 33.7% of GDP.

Debt-to-GDP ratio is 34% in Iran and 91.1% in Mauritius, ranking 147/185 and 30/185, respectively.

Government deficit by year

Deficit/surplus
Iran

Mauritius
1x
Year Deficit/surplus, % of GDP
Iran Mauritius
2024 -3.83% -7.47%
2023 -2.54% -4.7%
2022 -2.64% -3.34%
2021 -3.01% -4.45%
2020 -4.87% -10.6%
2019 -4.3% -7.53%
2018 -1.59% -2.19%
2017 -1.55% -1.66%
2016 -1.7% -2.81%
2015 -1.3% -3.59%
2014 -0.91% -3.13%
2013 -0.72% -3.4%
2012 -0.5% -1.78%
2011 -0.66% -3.09%
2010 -0.84% -3.07%
2009 -3.3% -3.41%
2008 -4.39% -2.66%
2007 -2.41% -3.09%
2006 -4.91% -4.14%
2005 -2.44% -4.44%
2004 -2.45% -4.34%
2003 -2.76% -4.82%
2002 -2.88% -5.18%
2001 0.02% -5.53%
2000 5.42% -4.4%
1999 -0.51% -
1998 -5.03% -
1997 -1.81% -
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/mauritius | 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 Mauritius' deficit of $1.12B, or 7.47% of GDP.

Over the past 25 years, Iran recorded a fiscal deficit in 23 of those years, while Mauritius ran a deficit in 25 years. On average, Iran posted an annual deficit equal to 2.04% of GDP, compared to deficit of 4.19% of GDP for Mauritius.

Inflation comparison by year

Inflation
Iran

Mauritius
1x
Year Consumer prices inflation
Iran Mauritius
2024 32.5% 3.6%
2023 44.6% 7.05%
2022 43.5% 10.8%
2021 43.4% 4.03%
2020 30.6% 2.58%
2019 39.9% 0.41%
2018 18% 3.22%
2017 8.04% 3.67%
2016 7.25% 0.98%
2015 12.5% 1.29%
2014 16.6% 3.22%
2013 36.6% 3.54%
2012 27.3% 3.85%
2011 26.3% 6.52%
2010 10.1% 2.93%
2009 13.6% 2.52%
2008 25.4% 9.73%
2007 17.3% 8.83%
2006 10% 8.91%
2005 13.4% 4.94%
2004 14.8% 4.71%
2003 16.5% 3.92%
2002 14.3% 6.42%
2001 11.3% 5.39%
2000 14.5% 4.2%
1999 20.1% 6.91%
1998 17.9% 6.81%
1997 17.3% 6.83%

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

GeoRank.org/economy/iran/mauritius | CC BY

Over the past 28 years, Iran has recorded an average annual inflation rate of 21.6%, compared with 4.92% in Mauritius. In 2024, inflation was 32.5% in Iran and 3.6% in Mauritius.

Top exports between countries

Iran
Export category Export value
Raw agricultural goods $206K
Chemicals & pharma $48K
Processed food, beverages & tobacco $21K
Textiles & consumer goods $4K
Metals $1K
Mauritius
Export category Export value
Machinery & equipment $200K

Balance of trade

Iran Mauritius
Current account balance
$12.5B
2000
-$1.05B
2024
Current account balance ranking
22/190
2000
126/190
2024
Current account balance, % of GDP
+11.4%
2000
-7.03%
2024
Goods imports
$15.2B
2000
$6.35B
2024
Goods exports
$28.3B
2000
$2.37B
2024
Service imports
$2.3B
2000
$2.28B
2024
Service exports
$1.38B
2000
$4.19B
2024
Imports of goods and services, % of GDP
28.5%
2024
78.3%
2024
Exports of goods and services, % of GDP
23.6%
2024
67.1%
2024

Economic freedom indices

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

Iran Mauritius
Economic freedom 41.8 73
Economic freedom ranking 185/197 26/197
Property rights 20.2 83.9
Government integrity 16.2 53.4
Judicial effectiveness 18.7 80.7
Tax burden 81.3 89.6
Government spending 94.7 73.8
Fiscal health 83.3 45.5
Business freedom 37.4 81.5
Labor freedom 41.8 69.6
Monetary freedom 42.2 70.7
Trade freedom 55.8 87
Investment freedom 5 70
Financial freedom 5 70

Economic freedom comparison by year

Iran
Mauritius
1x
Year Economic freedom index
Iran Mauritius
2026 41.8 73
2025 42.5 75
2024 41.2 71.5
2023 42.2 70.6
2022 42.4 70.9
2021 47.2 77
2020 49.2 74.9
2019 51.1 73
2018 50.9 75.1
2017 50.5 74.7
2016 43.5 74.7
2015 41.8 76.4
2014 40.3 76.5
2013 43.2 76.9
2012 42.3 77
2011 42.1 76.2
2010 43.4 76.3
2009 44.6 74.3
2008 45 72.6
2007 45 69.4
2006 45 67.4
2005 50.5 67.2
2004 42.8 64.3
2003 43.2 64.4
2002 36.4 67.7
2001 35.9 66.4
2000 36.1 67.2
1999 36.8 68.5
1998 36 -
1997 34.5 -
1996 36.1 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/iran/mauritius | CC BY

The Economic Freedom Index for Iran is 41.8, ranking 185/197, compared to 73 for Mauritius, ranking 26/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Iran Mauritius
Services, % of GDP
49.8%
2024
64.4%
2024
Industry, % of GDP
36.1%
2024
17.8%
2024
Agriculture, forestry, and fishing, % of GDP
10.8%
2024
4.23%
2024
GNI, Atlas method
$469B
2024
$16.2B
2024
GNI per capita, PPP
$19,820
2024
$35,100
2024
Total reserves including gold
$7.69B
1982
$8.51B
2024
Total reserves ranking
85/177
1982
83/177
2024
Net foreign direct investment
-$39M
2000
$963M
2024
Net inflows of foreign direct investment
$1.45B
2024
$681M
2024
Net outflows of foreign direct investment
$89.4M
2024
$38.3M
2024
Servicing debt to the IMF, % of GNI
0.08%
2024
10.1%
2024
Poverty at national poverty lines
18.7%
2020
8.4%
2023
Gross capital formation, % of GDP
44.3%
2024
21.2%
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/mauritius | CC BY

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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 (1996–2026, 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 (2022–2024, 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.