Iran vs Palau: Economic Indicators Comparison

Iran with a GDP of $454B ranked the 29th largest economy in the world, while Palau ranked 192nd with $284M. By GDP per capita, Iran and Palau ranked 105th vs 60th, respectively.

Gross Domestic Product & Income

StatIranPalau
GDP$454B$284M
GDP growth, 1 year-3.9%1.71%
GDP growth, 5-years average2.8%N/A
Population80M22k
GDP per capita$5.6k$16k
GDP per capita growth2.33%1.14%
Purchasing Power Parity conversion factor9035.960.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.86
GDP per capita, PPP adjusted$20k$19k
GNI, Atlas method$441B$309.4M
GNI per capita$5.5k$17k
GNI, PPP adjusted$1.7T$349.4M
GNI per capita, PPP adjusted$21k$20k

Financial system and Human development

StatIranPalau
Income Tax Rate35%N/A
Corporate Tax Rate25%N/A
Inflation, consumer prices31.2%1.3%
Inflation, GDP deflator12.2%-2.5%
Unemployment12%1.4%
Economic Freedom Index49.262
Personal Freedom Index4.836.4
Human Freedom Index5.296.4
Property Rights Index36.9N/A
Judical Effectiveness Index37.1N/A
Business Freedom Index57.3N/A
Fiscal Health Index86.5N/A
Labor Freedom Index50.7N/A
Investment Freedom Index5N/A
Financial Freedom Index10N/A
Trade Freedom Index54.6N/A
Monetary Freedom Index49N/A
Government Spending Index89.2N/A
Tax Burden Index81N/A
Government Integrity Index33.5N/A
Corruption Perceptions Index2849
Life expectancy at birth, years76.369.1
Suicide mortality rate, per 100,000 people4.121.7
Mortality caused by road traffic injury, per 100,000 people20.54.8
Intentional homicides, per 100,000 people2.53.1
International tourism, number of arrivals7.3M106k

Government debt & reserves

StatIranPalau
Central government debt, % of GDP33.2%67.5%
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%N/A
Gross savings, % of GDP37.7%10.7%
Gross capital formation, % of GDP34.7%26.7%
Total reserves including gold$7.7BN/A
Foreign direct investment net inflows$3.5B$21.5M

Exports, imports and economic structure

StatIranPalau
Exports of goods and services, % of GDP24.9%47%
Imports of goods and services, % of GDP23.8%76.3%
Current account balance (balance of payments)$12.5B-$51.8M
Revenue excluding grants, % of GDP25.4%27.3%
Grants excluding technical cooperation, BoP$65M$81.2M
Personal remittances received$1.3B$2.2M
Industry including construction value added, % of GDP34.9%8%
Agriculture, forestry and fishing value added, % of GDP9.5%3.2%
Charges for the use of intellectual property, payments BoPN/AN/A
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDP19.6%41.4%
Government Expenditure, % of GDP19%N/A

Compare with countries close by GDP per capita

Iran vs

CountryGDP
per capita
Population
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
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

Palau vs

CountryGDP
per capita
Population
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M