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.

Iran GDP for 2023 was 404.63 billion US dollars, a 2.6% increase from 2022.

<ul style='margin-top:20px;'>

<li>Iran GDP for 2022 was <strong>394.36 billion US dollars</strong>, a <strong>2.85% increase</strong> from 2021.</li>
<li>Iran GDP for 2021 was <strong>383.44 billion US dollars</strong>, a <strong>46.25% increase</strong> from 2020.</li>
<li>Iran GDP for 2020 was <strong>262.19 billion US dollars</strong>, a <strong>21.39% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Key information about Iran Real GDP Growth

• The Gross Domestic Product (GDP) in Iran expanded 5.0 % YoY in Mar 2022, following a growth of 6.7 % in the previous quarter.
• Real GDP Growth YoY data in Iran is updated quarterly, available from Jun 1989 to Mar 2022, with an average rate of 3.9 %.
• The data reached an all-time high of 22.7 % in Jun 1992 and a record low of -16.0 % in Sep 2008.

CEIC calculates Real GDP Growth from quarterly Real GDP. The Central Bank of the Islamic Republic of Iran provides Real GDP in local currency, at 2016-2017 prices. Real GDP Growth prior to Q1 2020 is calculated from Real GDP at 2011-2012 prices. Real GDP Growth prior to Q2 2005 is calculated from Real GDP at 1997-1998 prices.


Related information about Iran Real GDP Growth

• In the latest reports, Nominal GDP of Iran reached 429.4 USD bn in Mar 2022.
• Its GDP deflator (implicit price deflator) increased 51.5 % in Mar 2022.
• GDP Per Capita in Iran reached 11,557.0 USD in Mar 2021.
• Its Gross Savings Rate was measured at 36.8 % in Mar 2022.
• For Nominal GDP contributions, Investment accounted for 32.9 % in Mar 2022.
• Public Consumption accounted for 18.0 % in Mar 2022.
• Private Consumption accounted for 45.2 % in Mar 2022.

The Gross Domestic Product (GDP) in Iran expanded 1.59 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Iran GDP Annual Growth Rate - 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.

The Gross Domestic Product per capita in Iran was last recorded at 5667.53 US dollars in 2023. The GDP per Capita in Iran is equivalent to 45 percent of the world's average. This dataset provides - Iran GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Iran Market Capitalization: % of GDP

• Iran Market Capitalization accounted for 61.6 % of its Nominal GDP in Dec 2022, compared with a percentage of 93.4 % in the previous year
• Iran Market Capitalization: % Nominal GDP is updated yearly, available from Dec 2005 to Dec 2022
• The data reached an all-time high of 153.5 % in Dec 2020 and a record low of 13.7 % in Dec 2008

CEIC calculates Market Capitalization as % of Nominal GDP from monthly Market Capitalization and quarterly Nominal GDP. Tehran Stock Exchange provides Market Capitalization in USD. The Central Bank of the Islamic Republic of Iran provides Nominal GDP in local currency. The Central Bank of the Islamic Republic of Iran average market exchange rate is used for currency conversions.


Further information about Iran Market Capitalization: % of GDP

• In the latest reports, TSE recorded a monthly P/E ratio of 7.9 in Sep 2023
• TEDPIX closed at 2,084,535.0 points in Sep 2023

Average Household Size: Urban data was reported at 3.280 Person in 2018. This records a decrease from the previous number of 3.330 Person for 2017. Average Household Size: Urban data is updated yearly, averaging 3.760 Person from Mar 2002 (Median) to 2018, with 17 observations. The data reached an all-time high of 4.530 Person in 2002 and a record low of 3.280 Person in 2018. Average Household Size: Urban data remains active status in CEIC and is reported by Central Bank of the Islamic Republic of Iran. The data is categorized under Global Database’s Iran – Table IR.H002: Average Household Size: Urban.

Iran: Population size, number of people: The latest value from is people, unavailable from people in . In comparison, the world average is 0 people, based on data from countries. Historically, the average for Iran from to is people. The minimum value, people, was reached in while the maximum of people was recorded in .

The Gross Domestic Product per capita in Iran was last recorded at 15912.03 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Iran, when adjusted by Purchasing Power Parity is equivalent to 90 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.

This statistic shows Iran's main import partners in 2023, sorted by their share in total imports. In 2023, Iran's main import partner was the China with a share of 34 percent in all imports. Iran's struggling economy Iran’s main import partners in descending order of importance include the United Arab Emirates, China, Algeria, India, South Korea and Turkey. Together the United Arab Emirates and China compose over 50 percent of all imports. No European countries or the United States are close trade partners with Iran for neither imports nor exports. Iran has been isolated from the west with sanctions due to concerns over the country's role in the manufacture of weapons of mass destruction for decades. In 2011, further sanctions on Iran from the United States and Europe were agreed upon, which negatively affected Iran’s economy. This also had an effect on the value of totalimports into the country which also dropped slightly around the same period. This is likely due to the fact that Iran’s GDP per capita also reduced significantly thereafter, limiting the country’s capacity to import goods. Compared to the GDP per capita of Saudi Arabia, Iran’s is significantly lower. Aside from the Saudi Arabian oil trade, one difference could be attributed to the fact that Saudi Arabia, in contrast to Iran, has developed strong international ties and trades freely with Europe and the United States, whereas Iran remains isolated for the time being.

Key information about Iran Private Debt: % of Nominal GDP

• Iran Private Debt accounted for 60.30 % of its Nominal GDP in Dec 2016, compared with a ratio of 56.37 % in the previous year
• Iran Private Debt contribution to Nominal GDP ratio is updated yearly, available from Dec 1961 to Dec 2016, with an average share of 21.49 %
• The data reached an all-time high of 60.30 % in Dec 2016 and a record low of 12.98 % in Dec 1962

The World Bank provides annual Private Debt as % of Nominal GDP.

Iran Rental Housing Index: Medium Size Cities data was reported at 444.500 Apr1997-Mar1998=100 in 2007. This records an increase from the previous number of 388.200 Apr1997-Mar1998=100 for 2006. Iran Rental Housing Index: Medium Size Cities data is updated yearly, averaging 270.600 Apr1997-Mar1998=100 from Mar 2001 (Median) to 2007, with 7 observations. The data reached an all-time high of 444.500 Apr1997-Mar1998=100 in 2007 and a record low of 164.500 Apr1997-Mar1998=100 in 2001. Iran Rental Housing Index: Medium Size Cities data remains active status in CEIC and is reported by Central Bank of the Islamic Republic of Iran. The data is categorized under Global Database’s Iran – Table IR.EB004: Rental Housing Index: April 97-March 98=100 . Rebased from Apr97-Ma98=100 to Jun04-Mar05=100 Replacement series ID: 181864202

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.

GDP from Agriculture in Iran decreased to 1534659.44 IRR Billion in the fourth quarter of 2024 from 2820021.70 IRR Billion in the third quarter of 2024. This dataset provides - Iran Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iran recorded a Government Debt to GDP of 36.80 percent of the country's Gross Domestic Product in 2024. This dataset provides - Iran Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iran recorded a Government Budget deficit equal to 5.50 percent of the country's Gross Domestic Product in 2023. This dataset provides - Iran Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Iran remained unchanged at 2693684.19 IRR Billion in 2024 from 2693684.19 IRR Billion in 2024. This dataset provides - Iran Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Iran Total Exports

• Iran Total Exports dropped 0.5 % YoY in Dec 2023, compared with an increase of 36.6 % YoY in the previous year
• Iran Total Exports Growth data is updated yearly, available from Dec 1949 to Dec 2023, with an averaged rate of 8.7 %
• The data reached an all-time high of 214.8 % in Dec 1974 and a record low of -72.0 % in Dec 1952

CEIC calculates annual Total Exports Growth from annual Total Exports. The International Monetary Fund provides Total Exports in USD.


Further information about Iran Total Exports

• In the latest reports, Iran Total Exports recorded 97.4 USD bn in Dec 2023
• Total Imports recorded 60.3 USD bn in Mar 2023, which registered an increase of 13.8 % year on year
• Iran Trade Balance recorded a surplus of 31.3 USD bn in Dec 2023

Abstract

Financial inclusion is critical in reducing poverty and achieving inclusive economic growth. When people can participate in the financial system, they are better able to start and expand businesses, invest in their children’s education, and absorb financial shocks. Yet prior to 2011, little was known about the extent of financial inclusion and the degree to which such groups as the poor, women, and rural residents were excluded from formal financial systems.

By collecting detailed indicators about how adults around the world manage their day-to-day finances, the Global Findex allows policy makers, researchers, businesses, and development practitioners to track how the use of financial services has changed over time. The database can also be used to identify gaps in access to the formal financial system and design policies to expand financial inclusion.

Geographic coverage

National coverage.

Analysis unit

Individuals

Universe

The target population is the civilian, non-institutionalized population 15 years and above.

Kind of data

Observation data/ratings [obs]

Sampling procedure

The indicators in the 2017 Global Findex database are drawn from survey data covering almost 150,000 people in 144 economies-representing more than 97 percent of the world’s population (see table A.1 of the Global Findex Database 2017 Report for a list of the economies included). The survey was carried out over the 2017 calendar year by Gallup, Inc., as part of its Gallup World Poll, which since 2005 has annually conducted surveys of approximately 1,000 people in each of more than 160 economies and in over 150 languages, using randomly selected, nationally representative samples. The target population is the entire civilian, noninstitutionalized population age 15 and above. Interview procedure Surveys are conducted face to face in economies where telephone coverage represents less than 80 percent of the population or where this is the customary methodology. In most economies the fieldwork is completed in two to four weeks.

In economies where face-to-face surveys are conducted, the first stage of sampling is the identification of primary sampling units. These units are stratified by population size, geography, or both, and clustering is achieved through one or more stages of sampling. Where population information is available, sample selection is based on probabilities proportional to population size; otherwise, simple random sampling is used. Random route procedures are used to select sampled households. Unless an outright refusal occurs, interviewers make up to three attempts to survey the sampled household. To increase the probability of contact and completion, attempts are made at different times of the day and, where possible, on different days. If an interview cannot be obtained at the initial sampled household, a simple substitution method is used.

Respondents are randomly selected within the selected households. Each eligible household member is listed and the handheld survey device randomly selects the household member to be interviewed. For paper surveys, the Kish grid method is used to select the respondent. In economies where cultural restrictions dictate gender matching, respondents are randomly selected from among all eligible adults of the interviewer’s gender.

In economies where telephone interviewing is employed, random digit dialing or a nationally representative list of phone numbers is used. In most economies where cell phone penetration is high, a dual sampling frame is used. Random selection of respondents is achieved by using either the latest birthday or household enumeration method. At least three attempts are made to reach a person in each household, spread over different days and times of day.

The sample size was 1004.

Mode of data collection

Landline and Cellular Telephone

Research instrument

The questionnaire was designed by the World Bank, in conjunction with a Technical Advisory Board composed of leading academics, practitioners, and policy makers in the field of financial inclusion. The Bill and Melinda Gates Foundation and Gallup Inc. also provided valuable input. The questionnaire was piloted in multiple countries, using focus groups, cognitive interviews, and field testing. The questionnaire is available in more than 140 languages upon request.

Questions on cash on delivery, saving using an informal savings club or person outside the family, domestic remittances, and agricultural payments are only asked in developing economies and few other selected countries. The question on mobile money accounts was only asked in economies that were part of the Mobile Money for the Unbanked (MMU) database of the GSMA at the time the interviews were being held.

Sampling error estimates

Estimates of standard errors (which account for sampling error) vary by country and indicator. For country-specific margins of error, please refer to the Methodology section and corresponding table in Demirgüç-Kunt, Asli, Leora Klapper, Dorothe Singer, Saniya Ansar, and Jake Hess. 2018. The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution. Washington, DC: World Bank