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Economy of Iran vs Niger compared: GDP & Debt

Updated on by Georank team

Iran has a GDP of $475B compared to $19.9B for Niger, ranking 34/197 and 130/197 by economy size, respectively.

Iran has $162B in government debt (34% of GDP), compared to $9.39B (47.2% of GDP) in Niger.

Iran vs Niger GDP by year

Iran
Niger
1x
Year GDP, current $
Iran Niger
2024 $475,252,089,215 $19,876,128,486
2023 $457,510,482,317 $16,698,786,978
2022 $422,662,261,526 $15,433,852,712
2021 $407,350,685,583 $14,915,002,436
2020 $280,934,329,280 $13,744,653,103
2019 $347,988,400,958 $12,889,555,561
2018 $411,903,303,606 $12,837,307,497
2017 $510,239,893,418 $11,185,104,252
2016 $478,618,064,871 $10,398,861,982
2015 $409,191,686,497 $9,683,867,926
2014 $462,284,793,281 $10,862,943,544
2013 $500,399,839,840 $10,224,897,438
2012 $644,019,315,004 $9,426,912,648
2011 $629,082,257,472 $8,772,950,778
2010 $487,069,570,464 $7,851,192,502
2009 $414,059,094,949 $7,352,131,310
2008 $406,070,949,554 $7,297,600,226
2007 $349,736,591,832 $5,731,485,052
2006 $265,602,187,404 $4,756,361,252
2005 $224,970,371,325 $4,383,315,965
2004 $187,754,571,248 $3,760,443,738
2003 $151,911,222,119 $3,394,084,732
2002 $128,626,917,504 $2,782,192,879
2001 $126,878,750,296 $2,448,714,704
2000 $109,591,707,802 $2,241,753,193
1999 $113,848,450,088 $2,537,789,821
1998 $110,276,913,363 $2,643,363,519
1997 $113,919,163,421 $2,290,318,910
1996 $120,403,931,885 $2,405,686,940
1995 $96,419,225,744 $2,302,537,562
1994 $71,841,461,173 $1,938,058,175
1993 $63,743,623,232 $3,052,673,849
1992 $119,768,691,217 $3,386,232,579
1991 $131,637,664,958 $3,285,796,875
1990 $124,813,263,926 $3,512,356,508
1989 $120,496,362,916 $2,179,567,114
1988 $123,057,861,334 $2,280,356,193
1987 $134,009,995,923 $2,233,006,105
1986 $209,094,561,833 $1,904,096,998
1985 $180,183,629,600 $1,440,581,652
1984 $162,276,728,620 $1,461,243,326
1983 $156,365,156,618 $1,803,099,561
1982 $125,948,756,439 $2,017,612,216
1981 $100,499,312,750 $2,170,893,414
1980 $94,362,275,580 $2,508,524,721
1979 $90,391,877,326 $2,109,277,666
1978 $77,994,316,621 $1,774,365,590
1977 $80,600,122,702 $1,291,458,041
1976 $68,055,295,081 $1,064,517,601
1975 $51,776,222,350 $1,048,690,933
1974 $46,209,092,072 $1,026,137,111
1973 $27,081,698,250 $946,385,105
1972 $17,153,463,263 $742,779,661
1971 $13,731,802,833 $693,573,704
1970 $10,976,245,154 $649,916,621
1969 $9,743,089,607 $625,867,985
1968 $8,623,172,960 $641,214,226
1967 $7,555,383,690 $665,586,872
1966 $6,789,938,672 $702,296,079
1965 $6,197,319,929 $673,383,511
1964 $5,379,845,648 $582,816,396
1963 $4,928,628,018 $586,294,879
1962 $4,693,566,416 $531,736,599
1961 $4,426,949,095 $485,785,231
1960 $4,199,134,390 $449,526,873

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

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

GDP per capita in Iran vs Niger by year

Iran
GDP per capita

GDP per capita, PPP
Niger
GDP per capita

GDP per capita, PPP
1x
Year Current $
Iran Niger
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,190 $19,874 $735 $2,050
2023 $5,049 $18,917 $638 $1,875
2022 $4,721 $17,546 $610 $1,840
2021 $4,605 $15,884 $609 $1,586
2020 $3,203 $15,119 $580 $1,497
2019 $3,997 $13,928 $562 $1,419
2018 $4,783 $15,324 $579 $1,276
2017 $6,001 $15,719 $522 $1,208
2016 $5,711 $15,195 $503 $1,189
2015 $4,953 $14,274 $486 $1,172
2014 $5,672 $16,065 $565 $1,161
2013 $6,223 $16,215 $552 $1,138
2012 $8,114 $17,021 $529 $1,162
2011 $8,026 $19,275 $511 $1,064
2010 $6,291 $18,628 $474 $1,058
2009 $5,416 $17,615 $461 $999
2008 $5,377 $17,549 $475 $1,010
2007 $4,688 $17,384 $387 $955
2006 $3,619 $15,907 $333 $935
2005 $3,132 $15,016 $319 $888
2004 $2,672 $14,425 $283.5 $832
2003 $2,209 $13,755 $265.2 $837
2002 $1,891 $12,554 $225.3 $832
2001 $1,881 $11,533 $205.4 $809
2000 $1,650 $11,187 $194.8 $764
1999 $1,740 $10,489 $228.3 $783
1998 $1,709 $10,285 $246.1 $801
1997 $1,790 $10,101 $220.6 $745
1996 $1,915 $9,916 $239.5 $746
1995 $1,550 $9,255 $237 $757
1994 $1,168 $8,951 $206.2 $748
1993 $1,038 $8,933 $335 $742
1992 $1,957 $8,888 $384 $746
1991 $2,194 $8,580 $384 $738
1990 $2,138 $7,566 $424 $739
1989 $2,125 - $271.3 -
1988 $2,234 - $292.6 -
1987 $2,513 - $295.3 -
1986 $4,064 - $259.6 -
1985 $3,634 - $202.4 -
1984 $3,395 - $211.5 -
1983 $3,397 - $268.8 -
1982 $2,845 - $310 -
1981 $2,393 - $343 -
1980 $2,368 - $409 -
1979 $2,352 - $354 -
1978 $2,101 - $307 -
1977 $2,243 - $229.8 -
1976 $1,954 - $194.8 -
1975 $1,532 - $197.2 -
1974 $1,409 - $198.3 -
1973 $851 - $187.9 -
1972 $555 - $151.4 -
1971 $457 - $145.2 -
1970 $377 - $139.8 -
1969 $345 - $138.3 -
1968 $314 - $145.6 -
1967 $283.7 - $155.4 -
1966 $262.9 - $168.6 -
1965 $247.5 - $166.3 -
1964 $221.7 - $148.1 -
1963 $209.6 - $153.3 -
1962 $205.8 - $143.2 -
1961 $200.1 - $134.6 -
1960 $195.6 - $128.3 -

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

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

Iran's GDP per capita is $5,190, ranking 119/197, compared to $735 in Niger, ranking 187/197. Adjusted for purchasing power (GDP per capita PPP), Iran ranks 97th at $19,874, while Niger ranks 186th at $2,050.

Economic indicators

Iran Niger
Gross domestic product
$475B
2024
$19.9B
2024
GDP rank
34/197
2024
130/197
2024
GDP growth
3.66%
2023-2024
10.3%
2023-2024
GDP per capita
$5,190
2024
$735
2024
GDP per capita rank
119/197
2024
187/197
2024
GDP per capita, PPP
$19,874
2024
$2,050
2024
GDP per capita PPP rank
97/197
2024
186/197
2024
Government debt
$162B
2024
$9.39B
2024
Debt-to-GDP ratio
34%
2024
47.2%
2024
Government debt per person
$1,764
2024
$347
2024
Government debt per person rank
122/185
2024
173/185
2024
Average annual personal income after taxes
$2,964
2026
$1,163
2026
Market capitalization of domestic companies
$172B
2024
n/a
Income share by richest 10%
28.2%
2023
27.8%
2021
Income share by poorest 10%
2.8%
2023
3.8%
2021
Government expenditure, % of GDP
14.2%
2024
13.4%
2024
Consumer prices inflation
32.5%
2023-2024
9.07%
2023-2024
Central bank interest rate
23%
2023
n/a
Unemployment rate
7.63%
2024
0.4%
2022
Population
93468444
29080898

Spending and national debt comparison by year

Iran
Spending

Debt
Niger
Spending

Debt
1x
Year % of GDP
Iran Niger
Government spending Government debt Government spending Government debt
2024 14.2% 34% 13.4% 47.2%
2023 12.8% 29.6% 15.8% 51.8%
2022 12.8% 34.5% 21.6% 50.6%
2021 13.4% 39.9% 24.3% 51.3%
2020 12.1% 47.1% 22.4% 45%
2019 13.6% 44.6% 21.6% 39.8%
2018 14.8% 41.6% 21.2% 37%
2017 16.4% 43.2% 19.5% 36.5%
2016 16.3% 45.9% 19.4% 32.8%
2015 14.1% 32.1% 24.2% 29.9%
2014 12.3% 10.9% 23.6% 22.1%
2013 11.5% 10.2% 20.4% 19.6%
2012 11.4% 11.7% 16.6% 18.1%
2011 14.6% 10.6% 15.3% 14.7%
2010 14.1% 12.8% 14.3% 15.1%
2009 15.7% 11.5% 17.7% 15.9%
2008 16.8% 10.6% 16.9% 14.2%
2007 14.2% 13.5% 17.4% 17.8%
2006 18.7% 15.2% 15.2% 18.3%
2005 17.9% 18.3% 15.6% 49.5%
2004 15.1% 21.1% 16.1% 55%
2003 15.7% 21.9% 14% 60.6%
2002 15.6% 23.4% 14.4% 69%
2001 13.6% 21% 13.7% 74%
2000 13.3% 18.2% 13.5% 82.1%
1999 15.7% 22.2% 15% 63.3%
1998 16.9% 29.6% 13.6% 61.3%
1997 17.4% 30.9% 12.9% 69.1%
1996 17.3% 29.3% 10.9% 63.5%
1995 21% 31.2% 12.5% 69.4%
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/niger | CC BY

In 2024, Iran's government spending was $67.5B, accounting for 14.2% of its GDP, while Niger spent $2.67B, or 13.4% of GDP.

Debt-to-GDP ratio is 34% in Iran and 47.2% in Niger, ranking 147/185 and 114/185, respectively.

Government deficit by year

Deficit/surplus
Iran

Niger
1x
Year Deficit/surplus, % of GDP
Iran Niger
2024 -3.83% -4.27%
2023 -2.54% -5.37%
2022 -2.64% -6.77%
2021 -3.01% -6.1%
2020 -4.87% -4.82%
2019 -4.3% -3.56%
2018 -1.59% -3.01%
2017 -1.55% -4.12%
2016 -1.7% -4.46%
2015 -1.3% -6.75%
2014 -0.91% -6.12%
2013 -0.72% -1.93%
2012 -0.5% -0.83%
2011 -0.66% -2.19%
2010 -0.84% -0.99%
2009 -3.3% -3.93%
2008 -4.39% 1.11%
2007 -2.41% -0.75%
2006 -4.91% 31%
2005 -2.44% -1.53%
2004 -2.45% -2.76%
2003 -2.76% -2.17%
2002 -2.88% -2.21%
2001 0.02% -2.59%
2000 5.42% -2.83%
1999 -0.51% -4.27%
1998 -5.03% -2.23%
1997 -1.81% -2.39%
1996 -0.75% -0.36%
1995 -2.63% -3.19%
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/niger | 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 Niger's deficit of $848M, or 4.27% of GDP.

Over the past 30 years, Iran recorded a fiscal deficit in 28 of those years, while Niger ran a deficit in 28 years. On average, Iran posted an annual deficit equal to 2.06% of GDP, compared to deficit of 2.01% of GDP for Niger.

Inflation comparison by year

Inflation
Iran

Niger
1x
Year Consumer prices inflation
Iran Niger
2024 32.5% 9.07%
2023 44.6% 3.7%
2022 43.5% 4.23%
2021 43.4% 3.84%
2020 30.6% 2.9%
2019 39.9% -2.49%
2018 18% 2.97%
2017 8.04% 2.8%
2016 7.25% 1.65%
2015 12.5% -0.58%
2014 16.6% -0.93%
2013 36.6% 2.3%
2012 27.3% 0.46%
2011 26.3% 2.94%
2010 10.1% 0.8%
2009 13.6% 0.58%
2008 25.4% 11.3%
2007 17.3% 0.05%
2006 10% 0.04%
2005 13.4% 7.8%
2004 14.8% 0.26%
2003 16.5% -1.61%
2002 14.3% 2.63%
2001 11.3% 4.01%
2000 14.5% 2.9%
1999 20.1% -2.3%
1998 17.9% 4.55%
1997 17.3% 2.93%

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

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

Over the past 28 years, Iran has recorded an average annual inflation rate of 21.6%, compared with 2.39% in Niger. In 2024, inflation was 32.5% in Iran and 9.07% in Niger.

Top exports between countries

Iran
Export category Export value
Machinery & equipment $840K
Processed food, beverages & tobacco $240K
Raw materials & minerals $101K
Raw agricultural goods $24K
Textiles & consumer goods $20K
Niger
Export category Export value

Balance of trade

Iran Niger
Current account balance
$12.5B
2000
-$2.33B
2023
Current account balance ranking
22/190
2000
146/190
2023
Current account balance, % of GDP
+11.4%
2000
-14%
2023
Goods imports
$15.2B
2000
$2.59B
2023
Goods exports
$28.3B
2000
$992M
2023
Service imports
$2.3B
2000
$1.22B
2023
Service exports
$1.38B
2000
$231M
2023
Imports of goods and services, % of GDP
28.5%
2024
22.7%
2024
Exports of goods and services, % of GDP
23.6%
2024
27.3%
2024

Economic freedom indices

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

Iran Niger
Economic freedom 41.8 51
Economic freedom ranking 185/197 156/197
Property rights 20.2 16.6
Government integrity 16.2 33.9
Judicial effectiveness 18.7 28
Tax burden 81.3 78.2
Government spending 94.7 91.4
Fiscal health 83.3 47.6
Business freedom 37.4 32.4
Labor freedom 41.8 54.7
Monetary freedom 42.2 67.9
Trade freedom 55.8 65.8
Investment freedom 5 55
Financial freedom 5 40

Economic freedom comparison by year

Iran
Niger
1x
Year Economic freedom index
Iran Niger
2026 41.8 51
2025 42.5 51.5
2024 41.2 52.3
2023 42.2 53.7
2022 42.4 54.9
2021 47.2 57.3
2020 49.2 54.7
2019 51.1 51.6
2018 50.9 49.5
2017 50.5 50.8
2016 43.5 54.3
2015 41.8 54.6
2014 40.3 55.1
2013 43.2 53.9
2012 42.3 54.3
2011 42.1 54.3
2010 43.4 52.9
2009 44.6 53.8
2008 45 52.9
2007 45 53.2
2006 45 52.5
2005 50.5 54.1
2004 42.8 54.6
2003 43.2 54.2
2002 36.4 48.2
2001 35.9 48.9
2000 36.1 45.9
1999 36.8 48.6
1998 36 47.5
1997 34.5 46.6
1996 36.1 45.8

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

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

The Economic Freedom Index for Iran is 41.8, ranking 185/197, compared to 51 for Niger, ranking 156/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Iran Niger
Services, % of GDP
49.8%
2024
45%
2024
Industry, % of GDP
36.1%
2024
17.6%
2024
Agriculture, forestry, and fishing, % of GDP
10.8%
2024
34.5%
2024
GNI, Atlas method
$469B
2024
$18.3B
2024
GNI per capita, PPP
$19,820
2024
$2,030
2024
Total reserves including gold
$7.69B
1982
n/a
Total reserves ranking
85/177
1982
n/a
Net foreign direct investment
-$39M
2000
-$1.02B
2023
Net inflows of foreign direct investment
$1.45B
2024
$358M
2024
Net outflows of foreign direct investment
$89.4M
2024
$20.7M
2024
Servicing debt to the IMF, % of GNI
0.08%
2024
1.94%
2024
Poverty at national poverty lines
18.7%
2020
41.2%
2021
Gross capital formation, % of GDP
44.3%
2024
22.1%
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/niger | 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 (2020–2023, 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.