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Economy of Iran vs Qatar compared: GDP & Debt

Updated on by Georank

Iran has a GDP of $363B compared to $216B for Qatar, ranking 44/197 and 56/197 by economy size, respectively.

Iran has $135B in government debt (37.3% of GDP), compared to $89.2B (41.4% of GDP) in Qatar.

Iran vs Qatar GDP by year

Iran
Qatar
1x
Year GDP, current $
Iran Qatar
2025 $362,682,115,433 $215,559,615,385
2024 $475,252,089,215 $216,294,505,495
2023 $457,510,482,317 $213,002,809,341
2022 $422,662,261,526 $235,709,325,714
2021 $407,350,685,583 $179,732,009,560
2020 $280,934,329,280 $144,411,363,352
2019 $347,988,400,958 $176,371,267,692
2018 $411,903,303,606 $183,334,953,819
2017 $510,239,893,418 $161,099,122,225
2016 $478,618,064,871 $151,732,181,868
2015 $409,191,686,497 $161,739,955,577
2014 $462,284,793,281 $206,224,598,571
2013 $500,399,839,840 $198,727,642,967
2012 $644,019,315,004 $186,833,502,363
2011 $629,082,257,472 $167,775,274,725
2010 $487,069,570,464 $125,122,252,747
2009 $414,059,094,949 $97,798,351,648
2008 $406,070,949,554 $115,269,780,220
2007 $349,736,591,832 $79,711,813,187
2006 $265,602,187,404 $60,882,142,857
2005 $224,970,371,325 $44,530,494,505
2004 $187,754,571,248 $31,734,065,934
2003 $151,911,222,119 $23,533,791,209
2002 $128,626,917,504 $19,363,736,264
2001 $126,878,750,296 $17,538,461,538
2000 $109,591,707,802 $17,759,890,110
1999 $113,848,450,088 $12,393,131,868
1998 $110,276,913,363 $10,255,494,505
1997 $113,919,163,421 $11,297,802,198
1996 $120,403,931,885 $9,059,340,659
1995 $96,419,225,744 $8,137,912,088
1994 $71,841,461,173 $7,374,450,549
1993 $63,743,623,232 $7,156,593,407
1992 $119,768,691,217 $7,646,153,846
1991 $131,637,664,958 $6,883,516,484
1990 $124,813,263,926 $7,360,439,560
1989 $120,496,362,916 $6,487,912,088
1988 $123,057,861,334 $6,038,186,813
1987 $134,009,995,923 $5,446,428,571
1986 $209,094,561,833 $5,053,021,978
1985 $180,183,629,600 $6,153,296,703
1984 $162,276,728,620 $6,870,329,670
1983 $156,365,156,618 $6,484,890,110
1982 $125,948,756,439 $7,611,263,736
1981 $100,499,312,750 $8,672,527,473
1980 $94,362,275,580 $7,837,915,956
1979 $90,391,877,326 $5,632,962,997
1978 $77,994,316,621 $4,052,000,413
1977 $80,600,122,702 $3,617,564,638
1976 $68,055,295,081 $3,284,273,987
1975 $51,776,222,350 $2,512,773,166
1974 $46,209,092,072 $2,401,403,227
1973 $27,081,698,250 $793,885,560
1972 $17,153,463,263 $510,262,500
1971 $13,731,802,833 $387,703,106
1970 $10,976,245,154 $301,791,302
1969 $9,743,089,607 -
1968 $8,623,172,960 -
1967 $7,555,383,690 -
1966 $6,789,938,672 -
1965 $6,197,319,929 -
1964 $5,379,845,648 -
1963 $4,928,628,018 -
1962 $4,693,566,416 -
1961 $4,426,949,095 -
1960 $4,199,134,390 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Iran vs Qatar by year

Iran
GDP per capita

GDP per capita, PPP
Qatar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Iran Qatar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,924 - $72,525 -
2024 $5,190 $19,874 $75,685 $126,046
2023 $5,049 $18,917 $80,196 $129,368
2022 $4,721 $17,546 $88,701 $122,921
2021 $4,605 $15,884 $71,752 $116,833
2020 $3,203 $15,119 $51,684 $82,149
2019 $3,997 $13,928 $66,841 $107,503
2018 $4,783 $15,324 $71,040 $110,033
2017 $6,001 $15,719 $63,280 $99,358
2016 $5,711 $15,195 $61,254 $89,935
2015 $4,953 $14,274 $68,985 $102,546
2014 $5,672 $16,065 $95,841 $148,389
2013 $6,223 $16,215 $103,697 $169,203
2012 $8,114 $17,021 $108,470 $180,939
2011 $8,026 $19,275 $103,262 $174,620
2010 $6,291 $18,628 $77,387 $151,646
2009 $5,416 $17,615 $60,786 $125,898
2008 $5,377 $17,549 $80,781 $126,015
2007 $4,688 $17,384 $65,954 $124,056
2006 $3,619 $15,907 $62,582 $127,181
2005 $3,132 $15,016 $53,950 $115,250
2004 $2,672 $14,425 $41,036 $110,958
2003 $2,209 $13,755 $31,602 $94,120
2002 $1,891 $12,554 $27,227 $93,177
2001 $1,881 $11,533 $25,871 $89,805
2000 $1,650 $11,187 $27,535 $88,849
1999 $1,740 $10,489 $20,234 $84,690
1998 $1,709 $10,285 $17,665 $84,486
1997 $1,790 $10,101 $20,523 $79,219
1996 $1,915 $9,916 $17,125 $62,331
1995 $1,550 $9,255 $15,823 $60,321
1994 $1,168 $8,951 $14,765 $59,415
1993 $1,038 $8,933 $14,770 $59,125
1992 $1,957 $8,888 $16,280 $60,387
1991 $2,194 $8,580 $15,133 $54,759
1990 $2,138 $7,566 $16,722 $55,659
1989 $2,125 - $15,243 -
1988 $2,234 - $14,682 -
1987 $2,513 - $13,719 -
1986 $4,064 - $13,213 -
1985 $3,634 - $16,815 -
1984 $3,395 - $19,749 -
1983 $3,397 - $19,669 -
1982 $2,845 - $24,431 -
1981 $2,393 - $29,543 -
1980 $2,368 - $28,407 -
1979 $2,352 - $21,777 -
1978 $2,101 - $16,757 -
1977 $2,243 - $16,058 -
1976 $1,954 - $15,710 -
1975 $1,532 - $13,014 -
1974 $1,409 - $13,540 -
1973 $851 - $4,905 -
1972 $555 - $3,483 -
1971 $457 - $2,952 -
1970 $377 - $2,594 -
1969 $345 - - -
1968 $314 - - -
1967 $283.7 - - -
1966 $262.9 - - -
1965 $247.5 - - -
1964 $221.7 - - -
1963 $209.6 - - -
1962 $205.8 - - -
1961 $200.1 - - -
1960 $195.6 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Iran's GDP per capita is $3,924, ranking 135/197, compared to $72,525 in Qatar, ranking 13/197. Adjusted for purchasing power (GDP per capita PPP), Iran ranks 97th at $19,874, while Qatar ranks 5th at $126,046.

Economic indicators

Iran Qatar
Gross domestic product
$363B
2025
$216B
2025
GDP rank
44/197
2025
56/197
2025
GDP growth
-2.83%
2024-2025
2.9%
2024-2025
GDP per capita
$3,924
2025
$72,525
2025
GDP per capita rank
135/197
2025
13/197
2025
GDP per capita, PPP
$19,874
2024
$126,046
2024
GDP per capita PPP rank
97/197
2024
5/197
2024
Government debt
$135B
2025
$89.2B
2025
Debt-to-GDP ratio
37.3%
2025
41.4%
2025
Government debt per person
$1,463
2025
$30,009
2025
Government debt per person rank
133/185
2025
24/185
2025
Average annual personal income after taxes
$2,958
2026
$37,042
2026
Market capitalization of domestic companies
$186B
2025
$177B
2025
Number of millionaires n/a
30,000
2026
Number of billionaires n/a
2
2026
Income share by richest 10%
28.2%
2023
25.8%
2017
Income share by poorest 10%
2.8%
2023
2.6%
2017
Government expenditure, % of GDP
13.4%
2025
27.1%
2025
Consumer prices inflation
42.2%
2024-2025
0.6%
2024-2025
Central bank interest rate
23%
2023
4.1%
2025
Unemployment rate
7.63%
2024
0.1%
2024
Population
93580141
3058826

Spending and national debt comparison by year

Iran
Spending

Debt
Qatar
Spending

Debt
1x
Year % of GDP
Iran Qatar
Government spending Government debt Government spending Government debt
2025 13.4% 37.3% 27.1% 41.4%
2024 16% 31.2% 26% 41.3%
2023 12.8% 29.6% 26.7% 42.8%
2022 12.8% 34.5% 24.3% 42.6%
2021 13.4% 39.9% 29.4% 58.4%
2020 12.1% 47.1% 34.7% 72.6%
2019 13.6% 44.6% 32.5% 62.1%
2018 14.8% 41.6% 28.9% 52.2%
2017 16.4% 43.2% 34.7% 51.6%
2016 16.3% 45.9% 40.1% 46.7%
2015 14.1% 32.1% 38.6% 35.5%
2014 12.3% 10.9% 32.3% 24.9%
2013 11.5% 10.2% 28.3% 30.9%
2012 11.4% 11.7% 31% 32.1%
2011 14.6% 10.6% 28.5% 33.5%
2010 14.1% 12.8% 32% 30.4%
2009 15.7% 11.5% 36.4% 36%
2008 16.8% 10.6% 23.5% 11.4%
2007 14.2% 13.5% 29.5% 9.37%
2006 18.7% 15.2% 29.5% 13.9%
2005 17.9% 18.3% 29% 19.1%
2004 15.1% 21.1% 29.9% 30.1%
2003 15.7% 21.9% 28.5% 38.8%
2002 15.6% 23.4% 31.6% 47.7%
2001 13.6% 21% 32.1% 59.2%
2000 13.3% 18.2% 29.8% 51.6%
1999 15.7% 22.2% 42.4% 81.8%
1998 16.9% 29.6% 55.1% 76.6%
1997 17.4% 30.9% 47.6% 54.4%
1996 17.3% 29.3% 55.2% 57.8%
1995 21% 31.2% 52.2% 50.2%
1994 23% 41.7% 59.8% 54.8%
1993 27.2% 25.6% 62.8% 46.3%
1992 14.4% 25.2% 54.2% 19.9%
1991 14% 29.3% 57.5% 21.8%
1990 16.4% 37% 50% 12.6%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1995, retrieved 2026-07-08).

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

In 2025, Iran's government spending was $48.7B, accounting for 13.4% of its GDP, while Qatar spent $58.4B, or 27.1% of GDP.

Debt-to-GDP ratio is 37.3% in Iran and 41.4% in Qatar, ranking 139/185 and 127/185, respectively.

Government deficit by year

Deficit/surplus
Iran

Qatar
1x
Year Deficit/surplus, % of GDP
Iran Qatar
2025 -5.65% -1%
2024 -2.68% 0.71%
2023 -3.04% 5.51%
2022 -2.64% 10.4%
2021 -3.01% 0.24%
2020 -4.87% -2.13%
2019 -4.3% 1%
2018 -1.59% 2.26%
2017 -1.55% -6.82%
2016 -1.7% -9.2%
2015 -1.3% 18.4%
2014 -0.91% 13.4%
2013 -0.72% 19.3%
2012 -0.5% 8.55%
2011 -0.66% 5.24%
2010 -0.84% 4.6%
2009 -3.3% 14.1%
2008 -4.39% 9.49%
2007 -2.41% 10.3%
2006 -4.91% 8.39%
2005 -2.44% 9.8%
2004 -2.45% 17.7%
2003 -2.76% 6.71%
2002 -2.88% 7.89%
2001 0.02% 4.48%
2000 5.42% 4.62%
1999 -0.51% -4.35%
1998 -5.03% -7%
1997 -1.81% -9.4%
1996 -0.75% -8.73%
1995 -2.63% -5.78%
1994 -3.36% -11.8%
1993 -5.15% -9.53%
1992 -0.86% -2.74%
1991 -1.64% -2.57%
1990 -1.73% 3.23%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1989, retrieved 2026-07-08).

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

In 2025, Iran's government deficit, the difference between spending and revenue, was $20.5B, equivalent to 5.65% of GDP. This compares to Qatar's deficit of $2.16B, or 1% of GDP.

Over the past 36 years, Iran recorded a fiscal deficit in 34 of those years, while Qatar ran a deficit in 13 years. On average, Iran posted an annual deficit equal to 2.21% of GDP, compared to surplus of 2.92% of GDP for Qatar.

Inflation comparison by year

Inflation
Iran

Qatar
1x
Year Consumer prices inflation
Iran Qatar
2025 42.2% 0.6%
2024 32.5% 1.2%
2023 44.6% 3.1%
2022 43.5% 5%
2021 43.4% 2.3%
2020 30.6% -2.5%
2019 39.9% -0.9%
2018 18% 0.1%
2017 8.04% 0.6%
2016 7.25% 2.7%
2015 12.5% 0.9%
2014 16.6% 4.2%
2013 36.6% 3.1%
2012 27.3% 1.8%
2011 26.3% 2%
2010 10.1% -2.4%
2009 13.6% -4.9%
2008 25.4% 15.1%
2007 17.3% 13.7%
2006 10% 11.7%
2005 13.4% 9%
2004 14.8% 6.8%
2003 16.5% 2.3%
2002 14.3% 0.2%
2001 11.3% 1.7%
2000 14.5% 1.6%
1999 20.1% 2.2%
1998 17.9% 2.9%
1997 17.3% 2.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Iran has recorded an average annual inflation rate of 22.3%, compared with 2.99% in Qatar. In 2025, inflation was 42.2% in Iran and 0.6% in Qatar.

Top exports between countries

Iran
Export category Export value
Raw agricultural goods $48.7M
Raw materials & minerals $24M
Animal & marine products $15.3M
Textiles & consumer goods $7.9M
Processed food, beverages & tobacco $4.3M
Metals $4.19M
Machinery & equipment $1.52M
Chemicals & pharma $1.45M
Wood & paper products $274K
Miscellaneous $15K
Qatar
Export category Export value
Machinery & equipment $6.29M
Raw agricultural goods $951K
Animal & marine products $620K
Chemicals & pharma $474K
Raw materials & minerals $293K
Textiles & consumer goods $246K
Metals $233K
Miscellaneous $185K
Wood & paper products $77K
Processed food, beverages & tobacco $73K

Balance of trade

Iran Qatar
Current account balance
$12.5B
2000
$31.9B
2025
Current account balance ranking
22/190
2000
17/190
2025
Current account balance, % of GDP
+11.4%
2000
+14.8%
2025
Goods imports
$15.2B
2000
$34.3B
2025
Goods exports
$28.3B
2000
$90B
2025
Service imports
$2.3B
2000
$31.3B
2025
Service exports
$1.38B
2000
$24.4B
2025
Imports of goods and services, % of GDP
34.5%
2025
31.6%
2022
Exports of goods and services, % of GDP
25.8%
2025
68.6%
2022

Economic freedom indices

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

Iran Qatar
Economic freedom 41.8 70.2
Economic freedom ranking 185/197 37/197
Property rights 20.2 66.2
Government integrity 16.2 53.5
Judicial effectiveness 18.7 41.5
Tax burden 81.3 99.9
Government spending 94.7 79.9
Fiscal health 83.3 96.6
Business freedom 37.4 68
Labor freedom 41.8 58.5
Monetary freedom 42.2 76
Trade freedom 55.8 81.8
Investment freedom 5 60
Financial freedom 5 60

Economic freedom comparison by year

Iran
Qatar
1x
Year Economic freedom index
Iran Qatar
2026 41.8 70.2
2025 42.5 70.2
2024 41.2 68.8
2023 42.2 68.6
2022 42.4 67.7
2021 47.2 72
2020 49.2 72.3
2019 51.1 72.6
2018 50.9 72.6
2017 50.5 73.1
2016 43.5 70.7
2015 41.8 70.8
2014 40.3 71.2
2013 43.2 71.3
2012 42.3 71.3
2011 42.1 70.5
2010 43.4 69
2009 44.6 65.8
2008 45 62.2
2007 45 62.9
2006 45 62.4
2005 50.5 63.5
2004 42.8 66.5
2003 43.2 65.9
2002 36.4 61.9
2001 35.9 60
2000 36.1 62
1999 36.8 62
1998 36 -
1997 34.5 -
1996 36.1 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Iran is 41.8, ranking 185/197, compared to 70.2 for Qatar, ranking 37/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Iran Qatar
Services, % of GDP
47.1%
2025
47%
2025
Industry, % of GDP
39.6%
2025
57%
2025
Agriculture, forestry, and fishing, % of GDP
10.6%
2025
0.31%
2025
GNI, Atlas method
$429B
2025
$221B
2025
GNI per capita, PPP
$19,660
2025
$126,290
2025
Total reserves including gold
$7.69B
1982
$55.8B
2025
Total reserves ranking
89/177
1982
45/177
2025
Net foreign direct investment
-$39M
2000
$311M
2025
Net inflows of foreign direct investment
$1.45B
2024
$460M
2024
Net outflows of foreign direct investment
$89.4M
2024
$1.56B
2024
Servicing debt to the IMF, % of GNI
0.08%
2024
n/a
Poverty at national poverty lines
18.7%
2020
n/a
Gross capital formation, % of GDP
41.8%
2025
30.6%
2022

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1962–1995, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2023–2024, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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.