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Economy of Iran vs Myanmar compared: GDP & Debt

Updated on by Georank team

Iran has a GDP of $475B compared to $74.1B for Myanmar, ranking 34/197 and 85/197 by economy size, respectively.

Iran has $162B in government debt (34% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

Iran vs Myanmar GDP by year

Iran
Myanmar
1x
Year GDP, current $
Iran Myanmar
2024 $475,252,089,215 $74,068,349,524
2023 $457,510,482,317 $66,757,619,000
2022 $422,662,261,526 $62,253,049,903
2021 $407,350,685,583 $66,345,291,149
2020 $280,934,329,280 $79,006,113,670
2019 $347,988,400,958 $75,065,106,243
2018 $411,903,303,606 $67,860,515,993
2017 $510,239,893,418 $66,053,040,475
2016 $478,618,064,871 $63,298,361,984
2015 $409,191,686,497 $59,607,290,408
2014 $462,284,793,281 $65,531,374,210
2013 $500,399,839,840 $60,269,732,855
2012 $644,019,315,004 $59,937,796,648
2011 $629,082,257,472 $59,977,326,086
2010 $487,069,570,464 $49,540,813,342
2009 $414,059,094,949 $36,906,181,381
2008 $406,070,949,554 $31,862,554,102
2007 $349,736,591,832 $20,182,477,481
2006 $265,602,187,404 $14,502,553,710
2005 $224,970,371,325 $11,986,972,419
2004 $187,754,571,248 $10,567,354,056
2003 $151,911,222,119 $10,467,109,978
2002 $128,626,917,504 $6,777,632,512
2001 $126,878,750,296 $6,477,790,688
2000 $109,591,707,802 $8,905,066,164
1999 $113,848,450,088 $8,486,832,801
1998 $110,276,913,363 $6,459,461,639
1997 $113,919,163,421 $4,722,288,496
1996 $120,403,931,885 $6,123,556,717
1995 $96,419,225,744 $5,289,174,943
1994 $71,841,461,173 $4,432,257,174
1993 $63,743,623,232 $3,163,020,035
1992 $119,768,691,217 $2,411,552,289
1991 $131,637,664,958 $2,069,832,687
1990 $124,813,263,926 $2,115,193,513
1989 $120,496,362,916 $2,013,448,229
1988 $123,057,861,334 $1,541,088,312
1987 $134,009,995,923 $1,562,448,077
1986 $209,094,561,833 $1,582,873,750
1985 $180,183,629,600 $1,478,908,173
1984 $162,276,728,620 $1,304,063,253
1983 $156,365,156,618 $1,381,573,615
1982 $125,948,756,439 $1,481,165,468
1981 $100,499,312,750 $1,111,000,765
1980 $94,362,275,580 $1,038,225,167
1979 $90,391,877,326 $952,265,043
1978 $77,994,316,621 $935,408,775
1977 $80,600,122,702 $873,579,932
1976 $68,055,295,081 $1,204,699,849
1975 $51,776,222,350 $1,061,107,354
1974 $46,209,092,072 $1,225,589,878
1973 $27,081,698,250 $719,754,655
1972 $17,153,463,263 $662,213,083
1971 $13,731,802,833 $587,448,405
1970 $10,976,245,154 $563,555,631
1969 $9,743,089,607 $571,854,215
1968 $8,623,172,960 $559,956,130
1967 $7,555,383,690 $420,359,036
1966 $6,789,938,672 $293,103,479
1965 $6,197,319,929 $367,053,117
1964 $5,379,845,648 $411,419,906
1963 $4,928,628,018 $598,998,419
1962 $4,693,566,416 $634,528,872
1961 $4,426,949,095 $605,581,577
1960 $4,199,134,390 $545,098,448

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

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

GDP per capita in Iran vs Myanmar by year

Iran
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Iran Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,190 $19,874 $1,359 $5,997
2023 $5,049 $18,917 $1,233 $5,953
2022 $4,721 $17,546 $1,158 $5,732
2021 $4,605 $15,884 $1,243 $5,178
2020 $3,203 $15,119 $1,490 $5,741
2019 $3,997 $13,928 $1,426 $6,101
2018 $4,783 $15,324 $1,298 $5,581
2017 $6,001 $15,719 $1,273 $4,706
2016 $5,711 $15,195 $1,229 $4,460
2015 $4,953 $14,274 $1,167 $4,459
2014 $5,672 $16,065 $1,293 $4,376
2013 $6,223 $16,215 $1,199 $4,144
2012 $8,114 $17,021 $1,203 $3,845
2011 $8,026 $19,275 $1,214 $3,579
2010 $6,291 $18,628 $1,011 $3,348
2009 $5,416 $17,615 $758 $3,040
2008 $5,377 $17,549 $658 $2,748
2007 $4,688 $17,384 $419 $2,459
2006 $3,619 $15,907 $303 $2,153
2005 $3,132 $15,016 $252.7 $1,860
2004 $2,672 $14,425 $224.5 $1,601
2003 $2,209 $13,755 $224.3 $1,385
2002 $1,891 $12,554 $146.6 $1,204
2001 $1,881 $11,533 $141.5 $1,069
2000 $1,650 $11,187 $196.6 $949
1999 $1,740 $10,489 $189.5 $825
1998 $1,709 $10,285 $146 $742
1997 $1,790 $10,101 $108 $702
1996 $1,915 $9,916 $141.9 $661
1995 $1,550 $9,255 $124.1 $618
1994 $1,168 $8,951 $105.4 $573
1993 $1,038 $8,933 $76.2 $529
1992 $1,957 $8,888 $58.9 $494
1991 $2,194 $8,580 $51.2 $447
1990 $2,138 $7,566 $53.1 $441
1989 $2,125 - $51.3 -
1988 $2,234 - $39.9 -
1987 $2,513 - $41.1 -
1986 $4,064 - $42.4 -
1985 $3,634 - $40.4 -
1984 $3,395 - $36.3 -
1983 $3,397 - $39.3 -
1982 $2,845 - $43 -
1981 $2,393 - $32.8 -
1980 $2,368 - $31.2 -
1979 $2,352 - $29.2 -
1978 $2,101 - $29.3 -
1977 $2,243 - $27.9 -
1976 $1,954 - $39.2 -
1975 $1,532 - $35.2 -
1974 $1,409 - $41.4 -
1973 $851 - $24.8 -
1972 $555 - $23.3 -
1971 $457 - $21.1 -
1970 $377 - $20.7 -
1969 $345 - $21.5 -
1968 $314 - $21.5 -
1967 $283.7 - $16.5 -
1966 $262.9 - $11.8 -
1965 $247.5 - $15.1 -
1964 $221.7 - $17.3 -
1963 $209.6 - $25.8 -
1962 $205.8 - $27.9 -
1961 $200.1 - $27.3 -
1960 $195.6 - $25.1 -

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

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

Iran's GDP per capita is $5,190, ranking 119/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), Iran ranks 97th at $19,874, while Myanmar ranks 153rd at $5,997.

Economic indicators

Iran Myanmar
Gross domestic product
$475B
2024
$74.1B
2024
GDP rank
34/197
2024
85/197
2024
GDP growth
3.66%
2023-2024
-0.97%
2023-2024
GDP per capita
$5,190
2024
$1,359
2024
GDP per capita rank
119/197
2024
165/197
2024
GDP per capita, PPP
$19,874
2024
$5,997
2024
GDP per capita PPP rank
97/197
2024
153/197
2024
Government debt
$162B
2024
$44B
2024
Debt-to-GDP ratio
34%
2024
59.3%
2024
Government debt per person
$1,764
2024
$806
2024
Government debt per person rank
122/185
2024
150/185
2024
Average annual personal income after taxes
$2,964
2026
$1,646
2026
Market capitalization of domestic companies
$172B
2024
n/a
Income share by richest 10%
28.2%
2023
25.5%
2017
Income share by poorest 10%
2.8%
2023
3.8%
2017
Government expenditure, % of GDP
14.2%
2024
20.7%
2024
Consumer prices inflation
32.5%
2023-2024
8.83%
2018-2019
Central bank interest rate
23%
2023
n/a
Unemployment rate
7.63%
2024
1.48%
2020
Population
93468444
55292116

Spending and national debt comparison by year

Iran
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Iran Myanmar
Government spending Government debt Government spending Government debt
2024 14.2% 34% 20.7% 59.3%
2023 12.8% 29.6% 21.4% 59.1%
2022 12.8% 34.5% 21.3% 56.1%
2021 13.4% 39.9% 20.9% 63.4%
2020 12.1% 47.1% 21.3% 49.1%
2019 13.6% 44.6% 20.5% 37.6%
2018 14.8% 41.6% 18.7% 39.9%
2017 16.4% 43.2% 19.7% 41.9%
2016 16.3% 45.9% 21.3% 35.7%
2015 14.1% 32.1% 23.7% 36.6%
2014 12.3% 10.9% 24.7% 34.5%
2013 11.5% 10.2% 23.9% 44.8%
2012 11.4% 11.7% 20% 48%
2011 14.6% 10.6% 15.6% 49.9%
2010 14.1% 12.8% 15.8% 54.4%
2009 15.7% 11.5% 14.4% 56.4%
2008 16.8% 10.6% 14.4% 59.8%
2007 14.2% 13.5% 15.7% 77.4%
2006 18.7% 15.2% 15.6% 103.1%
2005 17.9% 18.3% 14.6% 119%
2004 15.1% 21.1% 14.6% 126.6%
2003 15.7% 21.9% 14.3% 146%
2002 15.6% 23.4% 15.3% 190.6%
2001 13.6% 21% 19.1% 262%
2000 13.3% 18.2% 21.4% 164.5%
1999 15.7% 22.2% 22.8% 150.7%
1998 16.9% 29.6% 25.2% 208.6%
1997 17.4% 30.9% - -
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/myanmar | CC BY

In 2024, Iran's government spending was $67.5B, accounting for 14.2% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 34% in Iran and 59.3% in Myanmar, ranking 147/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Iran

Myanmar
1x
Year Deficit/surplus, % of GDP
Iran Myanmar
2024 -3.83% -5.06%
2023 -2.54% -5.18%
2022 -2.64% -2.82%
2021 -3.01% -2.47%
2020 -4.87% -6.5%
2019 -4.3% -4.7%
2018 -1.59% -2.77%
2017 -1.55% -3.42%
2016 -1.7% -2.53%
2015 -1.3% -4.33%
2014 -0.91% -1.06%
2013 -0.72% -1.53%
2012 -0.5% -2.7%
2011 -0.66% -4.82%
2010 -0.84% -5.4%
2009 -3.3% -3.55%
2008 -4.39% -2.73%
2007 -2.41% -3.52%
2006 -4.91% -3.42%
2005 -2.44% -3.49%
2004 -2.45% -4.62%
2003 -2.76% -4.24%
2002 -2.88% -4.01%
2001 0.02% -6.34%
2000 5.42% -6.03%
1999 -0.51% -4.46%
1998 -5.03% -4.89%
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/myanmar | 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 Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 27 years, Iran recorded a fiscal deficit in 25 of those years, while Myanmar ran a deficit in 27 years. On average, Iran posted an annual deficit equal to 2.1% of GDP, compared to deficit of 3.95% of GDP for Myanmar.

Inflation comparison by year

Inflation
Iran

Myanmar
1x
Year Consumer prices inflation
Iran Myanmar
2024 32.5% -
2023 44.6% -
2022 43.5% -
2021 43.4% -
2020 30.6% -
2019 39.9% 8.83%
2018 18% 6.87%
2017 8.04% 4.57%
2016 7.25% 6.93%
2015 12.5% 9.45%
2014 16.6% 4.95%
2013 36.6% 5.64%
2012 27.3% 1.47%
2011 26.3% 5.02%
2010 10.1% 7.72%
2009 13.6% 1.47%
2008 25.4% 26.8%
2007 17.3% 35%
2006 10% 20%
2005 13.4% 9.37%
2004 14.8% 4.53%
2003 16.5% 36.6%
2002 14.3% 57.1%
2001 11.3% 21.1%
2000 14.5% -0.11%
1999 20.1% 18.4%
1998 17.9% 51.5%
1997 17.3% 29.7%

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

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

Over the past 23 years, Iran has recorded an average annual inflation rate of 17.8%, compared with 16.2% in Myanmar. In 2019, inflation was 32.5% in Iran and 8.83% in Myanmar.

Top exports between countries

Iran
Export category Export value
Raw materials & minerals $89.7M
Metals $20.2M
Chemicals & pharma $1.29M
Animal & marine products $376K
Raw agricultural goods $113K
Myanmar
Export category Export value
Raw agricultural goods $375K
Raw materials & minerals $319K
Animal & marine products $115K
Processed food, beverages & tobacco $59K
Textiles & consumer goods $31K

Balance of trade

Iran Myanmar
Current account balance
$12.5B
2000
$67.7M
2019
Current account balance ranking
22/190
2000
71/190
2019
Current account balance, % of GDP
+11.4%
2000
+0.09%
2019
Goods imports
$15.2B
2000
$13.7B
2019
Goods exports
$28.3B
2000
$10.8B
2019
Service imports
$2.3B
2000
$3.66B
2019
Service exports
$1.38B
2000
$6.68B
2019
Imports of goods and services, % of GDP
28.5%
2024
n/a
Exports of goods and services, % of GDP
23.6%
2024
24.3%
2025

Economic freedom indices

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

Iran Myanmar
Economic freedom 41.8 44.5
Economic freedom ranking 185/197 180/197
Property rights 20.2 5.7
Government integrity 16.2 18.1
Judicial effectiveness 18.7 3.9
Tax burden 81.3 88.6
Government spending 94.7 86.6
Fiscal health 83.3 62.7
Business freedom 37.4 37.9
Labor freedom 41.8 53.2
Monetary freedom 42.2 57.5
Trade freedom 55.8 69.4
Investment freedom 5 30
Financial freedom 5 20

Economic freedom comparison by year

Iran
Myanmar
1x
Year Economic freedom index
Iran Myanmar
2026 41.8 44.5
2025 42.5 43.7
2024 41.2 42.2
2023 42.2 46.5
2022 42.4 49.6
2021 47.2 55.2
2020 49.2 54
2019 51.1 53.6
2018 50.9 53.9
2017 50.5 52.5
2016 43.5 48.7
2015 41.8 46.9
2014 40.3 46.5
2013 43.2 39.2
2012 42.3 38.7
2011 42.1 37.8
2010 43.4 36.7
2009 44.6 37.7
2008 45 39.5
2007 45 41
2006 45 40
2005 50.5 40.5
2004 42.8 43.6
2003 43.2 44.9
2002 36.4 45.5
2001 35.9 46.1
2000 36.1 47.9
1999 36.8 46.4
1998 36 45.7
1997 34.5 45.4
1996 36.1 45.1

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

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

The Economic Freedom Index for Iran is 41.8, ranking 185/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Iran Myanmar
Services, % of GDP
49.8%
2024
41.4%
2024
Industry, % of GDP
36.1%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
10.8%
2024
20.8%
2024
GNI, Atlas method
$469B
2024
$65.9B
2024
GNI per capita, PPP
$19,820
2024
$5,890
2024
Total reserves including gold
$7.69B
1982
$9.34B
2023
Total reserves ranking
85/177
1982
81/177
2023
Net foreign direct investment
-$39M
2000
-$1.74B
2019
Net inflows of foreign direct investment
$1.45B
2024
$1.1B
2024
Net outflows of foreign direct investment
$89.4M
2024
$0
2024
Servicing debt to the IMF, % of GNI
0.08%
2024
1.31%
2024
Poverty at national poverty lines
18.7%
2020
24.8%
2017
Gross capital formation, % of GDP
44.3%
2024
n/a

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/myanmar | 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 (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 (2020–2024, 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.