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’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.

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 October of 2025.

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.

Graph and download economic data for Oil Real GDP Growth in Constant Prices for Iran, Islamic Republic of (IRNNGDPORPCHPT) from 2000 to 2025 about Iran, REO, oil, real, GDP, and rate.

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.

The gross domestic product (GDP) per capita in Iran was estimated at 4,633.21 U.S. dollars in 2024. From 1980 to 2024, the GDP per capita rose by 2,193.81 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 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).

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.

GDP per capita (current US$) in Iran was reported at 4771 USD in 2024, 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 October of 2025.

Key information about Iran External Debt: % of GDP

• Iran External Debt accounted for 0.3 % of the country's Nominal GDP in 2023, compared with the ratio of 0.5 % in the previous year.
• Iran External Debt: % of Nominal GDP data is updated yearly, available from Mar 1994 to Mar 2023.
• The data reached an all-time high of 36.2 % in Mar 1994 and a record low of 0.3 % in Mar 2023.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and annual Nominal GDP. The Central Bank of the Islamic Republic of Iran provides External Debt in USD and Nominal GDP in local currency. The Central Bank of the Islamic Republic of Iran average market exchange rate is used for currency conversions. External Debt as % of Nominal GDP is in annual frequency, ending in March of each year.


Related information about Iran External Debt: % of GDP

• In the latest reports of Iran, Current Account recorded a surplus of 14.2 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) increased by 838.3 USD mn in Dec 2021.
• Iran Direct Investment Abroad expanded by 156.0 USD mn in Dec 2018.
• Its Foreign Portfolio Investment increased by 45.6 USD mn in Dec 2021.
• The country's External Debt reached 6,281.7 in Mar 2023.
• The country's Nominal GDP was reported at 429.4 USD bn in Mar 2022.

GDP, PPP (current international $) in Iran was reported at 1688651728562 USD in 2024, 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 October of 2025.

GDP per capita growth (annual %) in Iran was reported at 1.9608 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Iran - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

GDP per capita (constant LCU) in Iran was reported at 186999950 LCU in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Iran - GDP per capita (constant LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Key information about Iran Foreign Direct Investment

• Iran Foreign Direct Investment (FDI) increased by 838.3 USD mn in Dec 2021, compared with an increase of 1.2 USD bn in the previous year.
• Iran Foreign Direct Investment: USD mn net flows data is updated yearly, available from Dec 1997 to Dec 2021.
• The data reached an all-time high of 4.3 USD bn in Dec 2011 and a record low of 15.6 USD mn in Dec 1999.

CEIC shifts year-end for annual Foreign Direct Investment. The Central Bank of Islamic Republic of Iran provides Foreign Direct Investment in USD. Foreign Direct Investment is reported in annual frequency, ending in March of each year.


Related information about Iran Foreign Direct Investment

• In the latest reports of Iran, Current Account recorded a surplus of 14.2 USD bn in Mar 2023.
• Iran Direct Investment Abroad expanded by 156.0 USD mn in Dec 2018.
• Its Foreign Portfolio Investment increased by 45.6 USD mn in Dec 2021.
• The country's Nominal GDP was reported at 429.4 USD bn in Mar 2022.

Inflation, GDP deflator: linked series (annual %) in Iran was reported at 34.24 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Iran - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

GDP from Services in Iran increased to 9684635.71 IRR Billion in the fourth quarter of 2024 from 9679399.53 IRR Billion in the third quarter of 2024. This dataset provides - Iran Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP (current LCU) in Iran was reported at 1.97859586886975E+17 LCU in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Iran - GDP (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Expense (% of GDP) in Iran was reported at 19.64 % in 2009, according to the World Bank collection of development indicators, compiled from officially recognized sources. Iran - Expense (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.