The gross domestic product (GDP) per capita in Iran was forecast to continuously increase between 2024 and 2029 by in total 1,573.1 U.S. dollars (+31.38 percent). According to this forecast, in 2029, the GDP per capita will have increased for the sixth consecutive year to 6,585.94 U.S. dollars. 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 prices and then divided by the total population. The gross domestic products 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).Find more key insights for the gross domestic product (GDP) per capita in countries like Syria, Lebanon, and Yemen.

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.

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 GDP Per Capita

• Iran Gross Domestic Product (GDP) per Capita reached 11,556.954 USD in Mar 2021, compared with 7,842.602 USD in Mar 2020.
• Iran GDP Per Capita data is updated yearly, available from Mar 1960 to Mar 2021, with an average number of 2,962.524 USD.
• The data reached an all-time high of 14,199.317 USD in Mar 1992 and a record low of 185.008 in Mar 1960.
• CEIC calculates GDP per Capita from annual Nominal GDP and annual Population and converts it into USD. The Central Bank of the Islamic Republic of Iran provides Nominal GDP in local currency. The Statistical Center of Iran provides Population. The Central Bank of the Islamic Republic of Iran average market exchange rate is used for currency conversions. GDP per Capita is in annual frequency, ending in March of each year.

Related information about Iran GDP Per Capita data

• In the latest reports, Iran GDP expanded 4.987 % YoY in Mar 2022.
• Iran Nominal GDP reached 429.427 USD bn in Mar 2022.
• Its GDP deflator (implicit price deflator) increased 51.545 % in Mar 2022.
• Gross Savings Rate of Iran was measured at 36.850 % in Mar 2022.

The gross domestic product (GDP) in current prices in Iran was forecast to continuously increase between 2024 and 2029 by in total 165.7 billion U.S. dollars (+38.16 percent). After the sixth consecutive increasing year, the GDP is estimated to reach 599.9 billion U.S. dollars and therefore a new peak in 2029. The gross domestic product at current prices is defined 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.Find more key insights for the gross domestic product (GDP) in current prices in countries like Jordan, Qatar, and Iraq.

The Gross Domestic Product (GDP) in Iran was worth 404.63 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Iran represents 0.38 percent of the world economy. This dataset provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Iran (PC2GDPIRA620NUPN) from 1955 to 2010 about Iran, PPP, per capita, and GDP.

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.

Graph and download economic data for Gross Domestic Product Per Capita for Islamic Republic of Iran (PCAGDPIRA646NWDB) from 1960 to 2023 about Iran, per capita, and GDP.

This statistic shows the share of economic sectors in Iran's gross domestic product (GDP) in 2017. All figures are estimates. In 2017, agriculture was estimated to contribute 9.6 percent to Iran's GDP.

Iran IR: GDP: per Capita data was reported at 182,686,978.323 IRR in 2018. This records an increase from the previous number of 163,822,637.666 IRR for 2017. Iran IR: GDP: per Capita data is updated yearly, averaging 454,887.733 IRR from Mar 1961 (Median) to 2018, with 58 observations. The data reached an all-time high of 182,686,978.323 IRR in 2018 and a record low of 14,519.826 IRR in 1961. Iran IR: GDP: per Capita 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: Gross Domestic Product: Nominal. GDP per capita is gross domestic product divided by midyear population. GDP 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 local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

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

Key information about Iran Investment: % of GDP

• Iran Investment accounted for 32.9 % of its Nominal GDP in Mar 2022, compared with a ratio of 24.6 % in the previous quarter.
• Iran investment share of Nominal GDP data is updated quarterly, available from Jun 1988 to Mar 2022, with an average ratio of 25.1 %.
• The data reached an all-time high of 37.9 % in Jun 1991 and a record low of 14.2 % in Jun 2018.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. Gross Capital Formation is calculated as the sum of Gross Fixed Capital Formation and Changes in Inventories. The Central Bank of the Islamic Republic of Iran provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency. Since Q2 2011, Investment excludes Changes in Inventories.


Related information about Iran Investment: % 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 36.8 % in Mar 2022.

The Gross Domestic Product (GDP) in Iran expanded 3.40 percent in the third 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 ratio of national debt to gross domestic product (GDP) in Iran was forecast to continuously increase between 2024 and 2029 by in total 0.9 percentage points. According to this forecast, in 2029, the ratio will have increased for the sixth consecutive year to 35.55 percent. This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, 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. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Iraq, Bahrain, and Yemen.

Iran IR: GDP: % of Manufacturing: Food, Beverages and Tobacco data was reported at 10.729 % in 2015. This records a decrease from the previous number of 11.034 % for 2014. Iran IR: GDP: % of Manufacturing: Food, Beverages and Tobacco data is updated yearly, averaging 14.681 % from Mar 1964 (Median) to 2015, with 52 observations. The data reached an all-time high of 37.639 % in 1965 and a record low of 7.781 % in 2008. Iran IR: GDP: % of Manufacturing: Food, Beverages and Tobacco 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: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Food, beverages, and tobacco correspond to ISIC divisions 15 and 16.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;

4,663 (US dollars) in 2023. GDP per capita is gross domestic product divided by midyear population. GDP 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. GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

Iran: GDP per capita, current Euro: The latest value from is Euro, unavailable from Euro in . In comparison, the world average is 0 Euro, based on data from countries. Historically, the average for Iran from to is Euro. The minimum value, Euro, was reached in while the maximum of Euro was recorded in .

The gross domestic product growth in Iran for 2021 was forecasted at 3.1 percent, compared to minus 6 percent in 2020 following the COVID-19 pandemic. The end of the nuclear deal had a direct impact of the economy in Iran. This was reflected in the declining growth of Iran's GDP.