Skip to content

Economy of Iran vs Togo compared: GDP & Debt

Updated on by Georank team

Iran has a GDP of $475B compared to $10.7B for Togo, ranking 34/197 and 154/197 by economy size, respectively.

Iran has $162B in government debt (34% of GDP), compared to $7.68B (72.1% of GDP) in Togo.

Iran vs Togo GDP by year

Iran
Togo
1x
Year GDP, current $
Iran Togo
2024 $475,252,089,215 $10,651,180,147
2023 $457,510,482,317 $9,816,236,303
2022 $422,662,261,526 $8,646,453,099
2021 $407,350,685,583 $8,541,668,141
2020 $280,934,329,280 $7,486,031,562
2019 $347,988,400,958 $6,992,654,019
2018 $411,903,303,606 $7,029,215,766
2017 $510,239,893,418 $6,387,424,240
2016 $478,618,064,871 $6,071,167,584
2015 $409,191,686,497 $5,755,457,836
2014 $462,284,793,281 $6,393,314,708
2013 $500,399,839,840 $6,021,729,630
2012 $644,019,315,004 $5,413,541,649
2011 $629,082,257,472 $5,422,439,152
2010 $487,069,570,464 $4,746,386,893
2009 $414,059,094,949 $4,721,888,275
2008 $406,070,949,554 $4,578,847,113
2007 $349,736,591,832 $3,759,962,853
2006 $265,602,187,404 $3,320,907,722
2005 $224,970,371,325 $3,221,910,408
2004 $187,754,571,248 $3,191,561,509
2003 $151,911,222,119 $2,987,984,051
2002 $128,626,917,504 $2,410,199,032
2001 $126,878,750,296 $2,093,498,674
2000 $109,591,707,802 $2,106,848,752
1999 $113,848,450,088 $2,226,577,204
1998 $110,276,913,363 $2,241,650,112
1997 $113,919,163,421 $2,116,818,623
1996 $120,403,931,885 $2,069,506,014
1995 $96,419,225,744 $1,849,110,468
1994 $71,841,461,173 $1,387,662,121
1993 $63,743,623,232 $1,741,944,426
1992 $119,768,691,217 $2,390,796,916
1991 $131,637,664,958 $2,262,767,860
1990 $124,813,263,926 $2,299,665,506
1989 $120,496,362,916 $1,910,635,575
1988 $123,057,861,334 $1,947,208,354
1987 $134,009,995,923 $1,763,978,066
1986 $209,094,561,833 $1,498,219,579
1985 $180,183,629,600 $1,076,604,520
1984 $162,276,728,620 $1,014,170,069
1983 $156,365,156,618 $1,081,387,265
1982 $125,948,756,439 $1,160,337,039
1981 $100,499,312,750 $1,359,026,709
1980 $94,362,275,580 $1,604,836,916
1979 $90,391,877,326 $1,259,365,712
1978 $77,994,316,621 $1,164,025,637
1977 $80,600,122,702 $1,097,893,826
1976 $68,055,295,081 $874,681,612
1975 $51,776,222,350 $871,781,687
1974 $46,209,092,072 $791,450,308
1973 $27,081,698,250 $574,030,984
1972 $17,153,463,263 $474,043,922
1971 $13,731,802,833 $404,648,368
1970 $10,976,245,154 $358,665,754
1969 $9,743,089,607 $378,091,810
1968 $8,623,172,960 $341,691,567
1967 $7,555,383,690 $327,215,844
1966 $6,789,938,672 $305,227,595
1965 $6,197,319,929 $264,505,506
1964 $5,379,845,648 $234,572,186
1963 $4,928,628,018 $202,305,865
1962 $4,693,566,416 $186,745,758
1961 $4,426,949,095 $178,497,098
1960 $4,199,134,390 $171,057,069

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

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

GDP per capita in Iran vs Togo by year

Iran
GDP per capita

GDP per capita, PPP
Togo
GDP per capita

GDP per capita, PPP
1x
Year Current $
Iran Togo
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,190 $19,874 $1,119 $3,365
2023 $5,049 $18,917 $1,055 $3,154
2022 $4,721 $17,546 $951 $2,935
2021 $4,605 $15,884 $962 $2,639
2020 $3,203 $15,119 $863 $2,384
2019 $3,997 $13,928 $826 $2,215
2018 $4,783 $15,324 $851 $2,067
2017 $6,001 $15,719 $793 $1,986
2016 $5,711 $15,195 $773 $1,933
2015 $4,953 $14,274 $751 $1,880
2014 $5,672 $16,065 $856 $1,803
2013 $6,223 $16,215 $827 $1,715
2012 $8,114 $17,021 $762 $1,645
2011 $8,026 $19,275 $784 $1,616
2010 $6,291 $18,628 $705 $1,537
2009 $5,416 $17,615 $721 $1,474
2008 $5,377 $17,549 $719 $1,429
2007 $4,688 $17,384 $608 $1,387
2006 $3,619 $15,907 $553 $1,407
2005 $3,132 $15,016 $551 $1,368
2004 $2,672 $14,425 $560 $1,427
2003 $2,209 $13,755 $538 $1,440
2002 $1,891 $12,554 $445 $1,357
2001 $1,881 $11,533 $397 $1,320
2000 $1,650 $11,187 $410 $1,315
1999 $1,740 $10,489 $445 $1,332
1998 $1,709 $10,285 $461 $1,318
1997 $1,790 $10,101 $448 $1,373
1996 $1,915 $9,916 $452 $1,218
1995 $1,550 $9,255 $419 $1,140
1994 $1,168 $8,951 $329 $1,082
1993 $1,038 $8,933 $414 $925
1992 $1,957 $8,888 $565 $1,057
1991 $2,194 $8,580 $550 $1,107
1990 $2,138 $7,566 $575 $1,110
1989 $2,125 - $492 -
1988 $2,234 - $517 -
1987 $2,513 - $482 -
1986 $4,064 - $422 -
1985 $3,634 - $313 -
1984 $3,395 - $304 -
1983 $3,397 - $336 -
1982 $2,845 - $372 -
1981 $2,393 - $451 -
1980 $2,368 - $549 -
1979 $2,352 - $443 -
1978 $2,101 - $421 -
1977 $2,243 - $406 -
1976 $1,954 - $332 -
1975 $1,532 - $339 -
1974 $1,409 - $315 -
1973 $851 - $234.4 -
1972 $555 - $198.8 -
1971 $457 - $174.6 -
1970 $377 - $159.8 -
1969 $345 - $174.7 -
1968 $314 - $164.3 -
1967 $283.7 - $163.9 -
1966 $262.9 - $159.1 -
1965 $247.5 - $142.7 -
1964 $221.7 - $130.1 -
1963 $209.6 - $114.6 -
1962 $205.8 - $107.8 -
1961 $200.1 - $104.8 -
1960 $195.6 - $102.2 -

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

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

Iran's GDP per capita is $5,190, ranking 119/197, compared to $1,119 in Togo, ranking 172/197. Adjusted for purchasing power (GDP per capita PPP), Iran ranks 97th at $19,874, while Togo ranks 173rd at $3,365.

Economic indicators

Iran Togo
Gross domestic product
$475B
2024
$10.7B
2024
GDP rank
34/197
2024
154/197
2024
GDP growth
3.66%
2023-2024
6.53%
2023-2024
GDP per capita
$5,190
2024
$1,119
2024
GDP per capita rank
119/197
2024
172/197
2024
GDP per capita, PPP
$19,874
2024
$3,365
2024
GDP per capita PPP rank
97/197
2024
173/197
2024
Government debt
$162B
2024
$7.68B
2024
Debt-to-GDP ratio
34%
2024
72.1%
2024
Government debt per person
$1,764
2024
$807
2024
Government debt per person rank
122/185
2024
149/185
2024
Average annual personal income after taxes
$2,964
2026
$1,661
2026
Market capitalization of domestic companies
$172B
2024
n/a
Income share by richest 10%
28.2%
2023
29.6%
2021
Income share by poorest 10%
2.8%
2023
2.8%
2021
Government expenditure, % of GDP
14.2%
2024
26.4%
2024
Consumer prices inflation
32.5%
2023-2024
2.86%
2023-2024
Central bank interest rate
23%
2023
n/a
Unemployment rate
7.63%
2024
1.97%
2022
Population
93468444
9990340

Spending and national debt comparison by year

Iran
Spending

Debt
Togo
Spending

Debt
1x
Year % of GDP
Iran Togo
Government spending Government debt Government spending Government debt
2024 14.2% 34% 26.4% 72.1%
2023 12.8% 29.6% 26.6% 68.6%
2022 12.8% 34.5% 26% 67%
2021 13.4% 39.9% 21.8% 64.9%
2020 12.1% 47.1% 23.7% 62.2%
2019 13.6% 44.6% 16.6% 54.9%
2018 14.8% 41.6% 18.8% 58%
2017 16.4% 43.2% 16.3% 57.1%
2016 16.3% 45.9% 22.9% 59.9%
2015 14.1% 32.1% 22.9% 52.4%
2014 12.3% 10.9% 21.9% 44.9%
2013 11.5% 10.2% 20.5% 41.1%
2012 11.4% 11.7% 19.1% 34.3%
2011 14.6% 10.6% 18.2% 37%
2010 14.1% 12.8% 15.1% 33.5%
2009 15.7% 11.5% 14.3% 57.6%
2008 16.8% 10.6% 12.4% 67.3%
2007 14.2% 13.5% 13.7% 70.5%
2006 18.7% 15.2% 14.7% 67.7%
2005 17.9% 18.3% 13.3% 63.1%
2004 15.1% 21.1% 10.6% 48.7%
2003 15.7% 21.9% 8.88% 50%
2002 15.6% 23.4% 8.42% 54.8%
2001 13.6% 21% 10.9% 68.5%
2000 13.3% 18.2% 11.9% 66.5%
1999 15.7% 22.2% 11.9% 59.9%
1998 16.9% 29.6% 12.8% 62.8%
1997 17.4% 30.9% 10.6% 54.4%
1996 17.3% 29.3% 12.4% 60.4%
1995 21% 31.2% 12.7% 64.8%
1994 23% 41.7% 13.2% 79%
1993 27.2% 25.6% 14.8% 58.3%
1992 14.4% 25.2% 12.6% 45%
1991 14% 29.3% 14.6% 46.9%
1990 16.4% 37% 16.8% 44.7%
1989 20% 48.8% 16.9% 46.3%
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 (1962–2004, retrieved 2026-02-20).

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

In 2024, Iran's government spending was $67.5B, accounting for 14.2% of its GDP, while Togo spent $2.81B, or 26.4% of GDP.

Debt-to-GDP ratio is 34% in Iran and 72.1% in Togo, ranking 147/185 and 54/185, respectively.

Government deficit by year

Deficit/surplus
Iran

Togo
1x
Year Deficit/surplus, % of GDP
Iran Togo
2024 -3.83% -7.43%
2023 -2.54% -6.73%
2022 -2.64% -8.33%
2021 -3.01% -4.65%
2020 -4.87% -7.05%
2019 -4.3% 1.67%
2018 -1.59% -0.59%
2017 -1.55% -0.21%
2016 -1.7% -7.02%
2015 -1.3% -7.04%
2014 -0.91% -7.11%
2013 -0.72% -5.08%
2012 -0.5% -4.63%
2011 -0.66% -4.48%
2010 -0.84% -1.66%
2009 -3.3% -2.63%
2008 -4.39% -0.59%
2007 -2.41% -1.83%
2006 -4.91% -1.94%
2005 -2.44% -1.67%
2004 -2.45% 0.61%
2003 -2.76% 1.43%
2002 -2.88% -0.28%
2001 0.02% -0.72%
2000 5.42% -3.45%
1999 -0.51% -1.76%
1998 -5.03% -3.25%
1997 -1.81% -0.98%
1996 -0.75% -3.26%
1995 -2.63% -2.97%
1994 -3.36% -5.37%
1993 -5.15% -8.46%
1992 -0.86% -2.27%
1991 -1.64% -3.52%
1990 -1.73% -1.65%
1989 -4.45% -2.18%
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/togo | 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 Togo's deficit of $791M, or 7.43% of GDP.

Over the past 36 years, Iran recorded a fiscal deficit in 34 of those years, while Togo ran a deficit in 33 years. On average, Iran posted an annual deficit equal to 2.19% of GDP, compared to deficit of 3.25% of GDP for Togo.

Inflation comparison by year

Inflation
Iran

Togo
1x
Year Consumer prices inflation
Iran Togo
2024 32.5% 2.86%
2023 44.6% 5.49%
2022 43.5% 7.97%
2021 43.4% 4.19%
2020 30.6% 1.7%
2019 39.9% 0.67%
2018 18% 0.93%
2017 8.04% -0.98%
2016 7.25% 1.29%
2015 12.5% 2.59%
2014 16.6% 0.19%
2013 36.6% 1.83%
2012 27.3% 2.58%
2011 26.3% 3.56%
2010 10.1% 1.45%
2009 13.6% 3.71%
2008 25.4% 8.69%
2007 17.3% 0.95%
2006 10% 2.23%
2005 13.4% 6.78%
2004 14.8% 0.39%
2003 16.5% -0.93%
2002 14.3% 3.06%
2001 11.3% 3.92%
2000 14.5% 1.86%
1999 20.1% -0.05%
1998 17.9% 0.98%
1997 17.3% 8.25%

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

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

Over the past 28 years, Iran has recorded an average annual inflation rate of 21.6%, compared with 2.72% in Togo. In 2024, inflation was 32.5% in Iran and 2.86% in Togo.

Top exports between countries

Iran
Export category Export value
Processed food, beverages & tobacco $51K
Chemicals & pharma $31K
Raw materials & minerals $21K
Textiles & consumer goods $13K
Metals $2K
Togo
Export category Export value

Balance of trade

Iran Togo
Current account balance
$12.5B
2000
-$20.7M
2020
Current account balance ranking
22/190
2000
79/190
2020
Current account balance, % of GDP
+11.4%
2000
-0.28%
2020
Goods imports
$15.2B
2000
$1.95B
2020
Goods exports
$28.3B
2000
$1.21B
2020
Service imports
$2.3B
2000
$438M
2020
Service exports
$1.38B
2000
$514M
2020
Imports of goods and services, % of GDP
28.5%
2024
38.1%
2024
Exports of goods and services, % of GDP
23.6%
2024
24.4%
2024

Economic freedom indices

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

Iran Togo
Economic freedom 41.8 51.6
Economic freedom ranking 185/197 153/197
Property rights 20.2 43.6
Government integrity 16.2 33.3
Judicial effectiveness 18.7 34
Tax burden 81.3 68.9
Government spending 94.7 79.2
Fiscal health 83.3 9.6
Business freedom 37.4 60.1
Labor freedom 41.8 51.9
Monetary freedom 42.2 72.5
Trade freedom 55.8 65.8
Investment freedom 5 60
Financial freedom 5 40

Economic freedom comparison by year

Iran
Togo
1x
Year Economic freedom index
Iran Togo
2026 41.8 51.6
2025 42.5 52.3
2024 41.2 50.9
2023 42.2 55.3
2022 42.4 57.2
2021 47.2 57.5
2020 49.2 54.1
2019 51.1 50.3
2018 50.9 47.8
2017 50.5 53.2
2016 43.5 53.6
2015 41.8 53
2014 40.3 49.9
2013 43.2 48.8
2012 42.3 48.3
2011 42.1 49.1
2010 43.4 47.1
2009 44.6 48.7
2008 45 48.9
2007 45 49.7
2006 45 47.3
2005 50.5 48.2
2004 42.8 47
2003 43.2 46.8
2002 36.4 45.2
2001 35.9 45.3
2000 36.1 46.4
1999 36.8 48.2
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/togo | CC BY

The Economic Freedom Index for Iran is 41.8, ranking 185/197, compared to 51.6 for Togo, ranking 153/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Iran Togo
Services, % of GDP
49.8%
2024
49.2%
2024
Industry, % of GDP
36.1%
2024
20.4%
2024
Agriculture, forestry, and fishing, % of GDP
10.8%
2024
21.3%
2024
GNI, Atlas method
$469B
2024
$10.3B
2024
GNI per capita, PPP
$19,820
2024
$3,380
2024
Total reserves including gold
$7.69B
1982
n/a
Total reserves ranking
85/177
1982
n/a
Net foreign direct investment
-$39M
2000
-$53.1M
2020
Net inflows of foreign direct investment
$1.45B
2024
$83.8M
2024
Net outflows of foreign direct investment
$89.4M
2024
-$73.4M
2024
Servicing debt to the IMF, % of GNI
0.08%
2024
3.21%
2024
Poverty at national poverty lines
18.7%
2020
43.8%
2021
Gross capital formation, % of GDP
44.3%
2024
20.8%
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/togo | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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. International Monetary Fund (IMF) | Public Finances in Modern History (1962–2004, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2022, 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.