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.

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.

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.

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.

Das Bruttoinlandsprodukt pro Kopf im Iran wurde zuletzt 2024 mit 5778,66 US-Dollar verzeichnet. Das BIP pro Kopf im Iran entspricht 46 Prozent des weltweiten Durchschnitts. Diese Seite bietet - Iran BIP pro Kopf - aktuelle Werte, historische Daten, Prognosen, Diagramme, Statistiken, Wirtschaftskalender und Nachrichten.

The gross domestic product (GDP) per capita in Iran was estimated at about 4.63 thousand U.S. dollars in 2024. From 1980 to 2024, the GDP per capita rose by approximately 2.19 thousand U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP per capita will rise by around 702.41 U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Key information about Iran Nominal GDP Growth

• Iran Nominal GDP Growth was reported at 35.070 % in Mar 2024.
• This records a decrease from the previous number of 37.422 % for Dec 2023.
• Iran Nominal GDP Growth data is updated quarterly, averaging 29.519 % from Jun 1989 to Mar 2024, with 140 observations.
• The data reached an all-time high of 78.227 % in Jun 2021 and a record low of -5.467 % in Jun 2009.
• Iran Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Central Bank of the Islamic Republic of Iran provides Nominal GDP in local currency.

Iran Gross Domestic Product (GDP): Basic Price data was reported at 34,946,934.369 IRR bn in Mar 2024. This records a decrease from the previous number of 36,411,285.937 IRR bn for Dec 2023. Iran Gross Domestic Product (GDP): Basic Price data is updated quarterly, averaging 512,805.356 IRR bn from Jun 1988 (Median) to Mar 2024, with 144 observations. The data reached an all-time high of 38,254,257.754 IRR bn in Sep 2023 and a record low of 4,322.320 IRR bn in Jun 1988. Iran Gross Domestic Product (GDP): Basic Price 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.A021: SNA 1993: GDP: Basic Price: by Industry: Current Price.

GDP (current US$) in Iran was reported at 436906331672 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Iran - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

GDP Constant Prices in Iran decreased to 24685305.77 IRR Billion in the fourth quarter of 2024 from 26303932.67 IRR Billion in the third quarter of 2024. This dataset provides - Iran Gdp Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP, PPP (current international $) in Iran was reported at 1600138342500 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Iran - GDP, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Iran Public Consumption: % of GDP

• Iran Public Consumption accounted for 16.4 % of its Nominal GDP in Mar 2024, compared with a share of 12.3 % in the previous quarter.
• Iran Public Consumption share of Nominal GDP ratio is updated quarterly, available from Jun 1988 to Mar 2024, with an average number of 12.4 %.
• The data reached an all-time high of 22.1 % in Mar 1996 and a record low of 7.5 % in Jun 2011.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The Central Bank of the Islamic Republic of Iran provides Government Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Iran Public Consumption: % of GDP

• In the latest reports, Iran GDP expanded 5.0 % YoY in Mar 2022.
• Iran Nominal GDP reached 429.4 USD bn in Mar 2022.
• Its GDP deflator (implicit price deflator) increased 51.5 % in Mar 2022.
• Iran GDP Per Capita reached 11,557.0 USD in Mar 2021.
• Its Gross Savings Rate was measured at 26.4 % in Mar 2024.
• For Nominal GDP contributions, Investment accounted for 32.9 % in Mar 2022.
• Private Consumption accounted for 45.2 % in Mar 2022.

Iran GDP: Basic Price: Oil & Gas data was reported at 2,917,792.000 IRR bn in Mar 2024. This records a decrease from the previous number of 3,002,459.000 IRR bn for Dec 2023. Iran GDP: Basic Price: Oil & Gas data is updated quarterly, averaging 135,848.903 IRR bn from Jun 1988 (Median) to Mar 2024, with 144 observations. The data reached an all-time high of 3,264,928.597 IRR bn in Jun 2022 and a record low of 210.860 IRR bn in Sep 1988. Iran GDP: Basic Price: Oil & Gas 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.A021: SNA 1993: GDP: Basic Price: by Industry: Current Price.

Iran GDP: Basic Price: Services data was reported at 19,873,699.867 IRR bn in Mar 2024. This records an increase from the previous number of 17,638,814.397 IRR bn for Dec 2023. Iran GDP: Basic Price: Services data is updated quarterly, averaging 254,387.540 IRR bn from Jun 1988 (Median) to Mar 2024, with 144 observations. The data reached an all-time high of 19,873,699.867 IRR bn in Mar 2024 and a record low of 2,625.680 IRR bn in Jun 1988. Iran GDP: Basic Price: Services 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.A021: SNA 1993: GDP: Basic Price: by Industry: Current Price.

Iran Gross Domestic Product (GDP): Market Prices data was reported at 36,279,791.784 IRR bn in Mar 2024. This records a decrease from the previous number of 37,325,138.899 IRR bn for Dec 2023. Iran Gross Domestic Product (GDP): Market Prices data is updated quarterly, averaging 505,754.522 IRR bn from Jun 1988 (Median) to Mar 2024, with 144 observations. The data reached an all-time high of 39,070,040.457 IRR bn in Sep 2023 and a record low of 4,447.045 IRR bn in Jun 1988. Iran Gross Domestic Product (GDP): Market Prices 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.A005: SNA 1993: GDP: Market Price: by Expenditure: Current Price.

Iran GDP: Market Prices: Gross Fixed Capital Formation data was reported at 12,763,722.479 IRR bn in Mar 2024. This records an increase from the previous number of 9,809,767.080 IRR bn for Dec 2023. Iran GDP: Market Prices: Gross Fixed Capital Formation data is updated quarterly, averaging 127,934.505 IRR bn from Jun 1988 (Median) to Mar 2024, with 144 observations. The data reached an all-time high of 12,763,722.479 IRR bn in Mar 2024 and a record low of 928.350 IRR bn in Dec 1988. Iran GDP: Market Prices: Gross Fixed Capital Formation 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.A005: SNA 1993: GDP: Market Price: by Expenditure: Current Price.

GDP per capita (current US$) in Iran was reported at 4466 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Iran - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

The ratio of national debt to gross domestic product (GDP) of Iran was estimated at about 36.85 percent in 2024. Between 1996 and 2024, the ratio rose by approximately 1.04 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio will steadily rise by around 8.41 percentage points over the period from 2024 to 2030, reflecting a clear upward trend.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Iran GDP: Basic Prices: Agriculture, Hunting, Forestry & Fishing data was reported at 468,049.358 IRR bn in Mar 2024. This records a decrease from the previous number of 5,404,562.860 IRR bn for Dec 2023. Iran GDP: Basic Prices: Agriculture, Hunting, Forestry & Fishing data is updated quarterly, averaging 37,252.615 IRR bn from Jun 1988 (Median) to Mar 2024, with 144 observations. The data reached an all-time high of 8,880,784.647 IRR bn in Sep 2023 and a record low of 142.440 IRR bn in Mar 1989. Iran GDP: Basic Prices: Agriculture, Hunting, Forestry & Fishing 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.A021: SNA 1993: GDP: Basic Price: by Industry: Current Price.