The Gross Domestic Product (GDP) in Iran was worth 436.91 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Iran represents 0.41 percent of the world economy. This dataset provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) in current prices in Iran was about 401.36 billion U.S. dollars in 2024. From 1980 to 2024, the GDP rose by approximately 305.51 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP will rise by around 89.56 billion U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Iran’s gross domestic product (GDP) inclined by 3.33 percent in 2020 after adjusting for inflation. This figure fell from 13.4 percent growth four years ago, which had been a reaction to sanctions lifting after the Joint Comprehensive Plan of Action (JPCOA) regarding Iran’s nuclear program. United States president Donald Trump ended that country’s participation in the deal, imposing new sanctions.

Political influence on the economy

Political tensions have hampered the economy of Iran, keeping growth low in spite of the country’s considerable oil reserves. The effect of these sanctions becomes obvious when looking at Iran’s oil exports to Europe over the past decade. Some analysts have blamed the new sanctions for the increase in Iran’s inflation rate, as well as the currency depreciation that has accompanied it.

Iran’s options

Although Iran’s main export partners are largely in Asia, many of the transactions are carried out using U.S. dollars. Even though other means of payment are possible, some countries worry about political ramifications of continuing trade relations with Iran. Iran’s greatest strength at the moment may be its low national debt, meaning that it can borrow a substantial amount of money if it can find a willing lender. However, given the instability of the political situation worldwide and regionally, it is difficult to assume that such a borrower exists at the moment.

The Gross Domestic Product per capita in Iran was last recorded at 5778.66 US dollars in 2024. The GDP per Capita in Iran is equivalent to 46 percent of the world's average. This dataset provides - Iran GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Iran was last recorded at 16224.04 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Iran, when adjusted by Purchasing Power Parity is equivalent to 91 percent of the world's average. This dataset provides - Iran GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iran: Human Development Index (0 - 1): The latest value from 2023 is 0.799 points, an increase from 0.78 points in 2022. In comparison, the world average is 0.744 points, based on data from 185 countries. Historically, the average for Iran from 1980 to 2023 is 0.71 points. The minimum value, 0.49 points, was reached in 1980 while the maximum of 0.799 points was recorded in 2016.

Iran is the 151 least corrupt nation out of 180 countries, according to the 2024 Corruption Perceptions Index reported by Transparency International. This dataset provides the latest reported value for - Iran Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Rate in Iran increased to 38.90 percent in April from 37.10 percent in March of 2025. This dataset provides the latest reported value for - Iran Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This statistic shows gross domestic product (GDP) of the MENA countries in 2024. The MENA region in North Africa and the Middle East comprises the countries Algeria, Bahrain, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates, and Yemen. In 2024, the GDP of Saudi Arabia amounted to approximately 1.085 trillion U.S. dollars.

Iran: PISA reading scores: The latest value from is index points, unavailable from index points in . In comparison, the world average is 0.000 index points, based on data from countries. Historically, the average for Iran from to is index points. The minimum value, index points, was reached in while the maximum of index points was recorded in .

Iran GOI: Weighted Rank data was reported at 101.000 NA in 2019. This records an increase from the previous number of 79.000 NA for 2018. Iran GOI: Weighted Rank data is updated yearly, averaging 101.000 NA from Dec 2017 (Median) to 2019, with 3 observations. The data reached an all-time high of 117.000 NA in 2017 and a record low of 79.000 NA in 2018. Iran GOI: Weighted Rank data remains active status in CEIC and is reported by Milken Institute. The data is categorized under Global Database’s Iran – Table IR.Milken: Global Oportunity Index.

The average for 2023 based on 183 countries was 26826 U.S. dollars. The highest value was in Luxembourg: 130491 U.S. dollars and the lowest value was in Burundi: 829 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.

Iran GOI: Total Rank data was reported at 102.000 NA in 2019. This records an increase from the previous number of 78.000 NA for 2018. Iran GOI: Total Rank data is updated yearly, averaging 102.000 NA from Dec 2017 (Median) to 2019, with 3 observations. The data reached an all-time high of 125.000 NA in 2017 and a record low of 78.000 NA in 2018. Iran GOI: Total Rank data remains active status in CEIC and is reported by Milken Institute. The data is categorized under Global Database’s Iran – Table IR.Milken: Global Oportunity Index.

Iran IR: Ease of Doing Business Index: 1=Most Business-friendly Regulations data was reported at 124.000 NA in 2017. Iran IR: Ease of Doing Business Index: 1=Most Business-friendly Regulations data is updated yearly, averaging 124.000 NA from Dec 2017 (Median) to 2017, with 1 observations. Iran IR: Ease of Doing Business Index: 1=Most Business-friendly Regulations data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iran – Table IR.World Bank.WDI: Business Environment. Ease of doing business ranks economies from 1 to 190, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; ; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.

The statistic shows gross domestic product (GDP) per capita in the MENA countries in 2023. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. The MENA region in North Africa and Asia comprises Algeria, Bahrain, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates and Yemen. In 2023, the estimated GDP per capita in Algeria amounted to around 5,389.84 U.S. dollars.

In 2024, Sudan was ranked as the most miserable country in the world, with a misery index score of 374.8. Argentina ranked second with an index score of 195.9. Quality of life around the worldThe misery index was created by the economist Arthur Okun in the 1960s. The index is calculated by adding the unemployment rate, the lending rate and the inflation rate minus percent change of GDP per capita. Another famous tool used for the comparison of development of countries around the world is the Human Development Index, which takes into account such factors as life expectancy at birth, literacy rate, education level and gross national income (GNI) per capita. Better economic conditions correlate with higher quality of life Economic conditions affect the life expectancy, which is much higher in the wealthiest regions. With a life expectancy of 85 years, Liechtenstein led the ranking of countries with the highest life expectancy in 2023. On the other hand, Nigeria was the country with the lowest life expectancy, where men were expected to live 55 years as of 2024. The Global Liveability Index ranks the quality of life in cities around the world, basing on political, social, economic and environmental aspects, such as personal safety and health, education and transport services and other public services. In 2024, Vienna was ranked as the city with the highest quality of life worldwide.

In 2023, the annual military spending in the Middle East and North Africa (MENA) region was the highest for Saudi Arabia at about 75.8 billion U.S. dollars. MENA military trends Saudi Arabia was ranked fifth among the top global military spenders in 2019. It is the largest military spender in the Middle East and North Africa (MENA) region. Saudi’s military spending reached its all-time high during 2015 when it was the third-largest military spender globally. Saudi Arabia was expected to increase its military spending following tension with Iran after an Iranian missile attacked Saudi’s oil industry in 2019, and with its military operations in Yemen. The MENA region had the highest average military spending as a share of gross domestic product (GDP) compared to other regions. Military spending as a share of GDP in Saudi Arabia in 2019 reached eight percent. The high military burden reflects instability and conflict in the region. MENA budget deficit The military expenditure of the MENA region on average is above their fiscal capabilities as the budgets allocated to operations leave less than the required amounts for the demands of the public. The average public debt as a share of GDP of the MENA region was about 40 percent in 2018. The governments of the region have been favoring using tactics such as having a strong army to delay the involvement of the democratic wave in the governing process, over the option of changing their social approach to accommodate the needs of the public. However, the majority of the public has high confidence in the military and government institutions in the region. The military forces of countries of the MENA region are known to have a strong involvement in the economic matters of the countries such as high levels of military spending post the Arab Spring to dampen any further social mobilization or uprisings. In 2020, Yemen had the highest risk of development deficit and deprivation among conflict countries in the region, followed by Syria.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Key information about Iran Electricity Production

• Electricity Production in Iran reached 367,433 GWh in Mar 2023, compared with 355,948 GWh in the previous year.
• Electricity Production data of Iran is updated yearly averaging at 69,630 GWh from Mar 1964 to Mar 2023.
• The data reached an all-time high of 367,433 GWh in Mar 2023 and a record low of 2,338 GWh in Mar 1964.