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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.
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Iran: Economic growth forecast: The latest value from 2030 is 1.96 percent, a decline from 1.98 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Iran from 1980 to 2030 is 2.39 percent. The minimum value, -21.6 percent, was reached in 1980 while the maximum of 23.17 percent was recorded in 1982.
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Iran IR: Share of Tariff Lines with International Peaks: Manufactured Products data was reported at 55.143 % in 2011. This records an increase from the previous number of 54.235 % for 2008. Iran IR: Share of Tariff Lines with International Peaks: Manufactured Products data is updated yearly, averaging 54.689 % from Dec 2000 (Median) to 2011, with 6 observations. The data reached an all-time high of 67.092 % in 2000 and a record low of 38.512 % in 2003. Iran IR: Share of Tariff Lines with International Peaks: Manufactured Products 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: Trade Tariffs. Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database.; ;
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Iran: Economic growth: the rate of change of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Iran from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .
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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.
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Iran: Informal economy, DGE method: The latest value from 2020 is 16.2 percent, unchanged from 16.2 percent in 2019. In comparison, the world average is 28.16 percent, based on data from 156 countries. Historically, the average for Iran from 1990 to 2020 is 17.17 percent. The minimum value, 16.1 percent, was reached in 2014 while the maximum of 18.2 percent was recorded in 1990.
Iran’s inflation rate rose sharply to 34.79 percent in 2019 and was projected to rise another 14 percentage points before slowly starting to decline. Given the recent sanctions by the United States regarding the nuclear deal, this number has both political and economic implications. Political implications President Hassan Rouhani won the 2017 election based on economic promises, many stemming from the Joint Comprehensive Plan of Action (JCPOA), commonly known as the Iran Nuclear Deal. Lifting these sanctions opened the Iranian economy to many opportunities, including the chance to benefit from increased oil exports. The JCPOA was an integral part of the Rouhani campaign, so any economic hardship that is linked to the deal will likely be blamed on the president. Economic implications High inflation leads to high interest rates, which leads to less borrowing. Less borrowing means less investment, which slows economic growth. This slower growth often leads to higher inflation, which is what economists call an inflationary spiral. As such, Iran will have difficulty achieving substantial GDP growth until inflation returns to manageable rates.
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Iran IR: Share of Tariff Lines with International Peaks: Primary Products data was reported at 43.100 % in 2011. This records an increase from the previous number of 42.830 % for 2008. Iran IR: Share of Tariff Lines with International Peaks: Primary Products data is updated yearly, averaging 41.643 % from Dec 2000 (Median) to 2011, with 6 observations. The data reached an all-time high of 45.461 % in 2007 and a record low of 24.539 % in 2003. Iran IR: Share of Tariff Lines with International Peaks: Primary Products 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: Trade Tariffs. Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database.; ;
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Iran: Economic decline index, 0 (low) - 10 (high): The latest value from 2024 is 7.3 index points, a decline from 7.6 index points in 2023. In comparison, the world average is 5.54 index points, based on data from 176 countries. Historically, the average for Iran from 2007 to 2024 is 6.31 index points. The minimum value, 3.3 index points, was reached in 2007 while the maximum of 7.6 index points was recorded in 2021.
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Iran: Imports of goods and services as percent of GDP: The latest value from 2023 is 26.91 percent, an increase from 24.78 percent in 2022. In comparison, the world average is 49.03 percent, based on data from 138 countries. Historically, the average for Iran from 1960 to 2023 is 20.79 percent. The minimum value, 8.73 percent, was reached in 1987 while the maximum of 35.38 percent was recorded in 1975.
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Iran: Financial markets development, depth: The latest value from 2021 is 0.513 index points, unchanged from 0.513 index points in 2020. In comparison, the world average is 0.255 index points, based on data from 157 countries. Historically, the average for Iran from 1980 to 2021 is 0.08 index points. The minimum value, 0.009 index points, was reached in 1984 while the maximum of 0.513 index points was recorded in 2020.
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Iran IR: Gini Coefficient (GINI Index): World Bank Estimate data was reported at 38.800 % in 2014. This records an increase from the previous number of 37.400 % for 2013. Iran IR: Gini Coefficient (GINI Index): World Bank Estimate data is updated yearly, averaging 43.600 % from Dec 1986 (Median) to 2014, with 9 observations. The data reached an all-time high of 47.400 % in 1986 and a record low of 37.400 % in 2013. Iran IR: Gini Coefficient (GINI Index): World Bank Estimate 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: Poverty. Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.
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Key information about Iran Crude Oil: Production
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Iran IR: Liner Shipping Connectivity Index: Maximum Value In 2004 = 100 data was reported at 24.630 NA in 2016. This records an increase from the previous number of 11.910 NA for 2015. Iran IR: Liner Shipping Connectivity Index: Maximum Value In 2004 = 100 data is updated yearly, averaging 22.620 NA from Dec 2004 (Median) to 2016, with 13 observations. The data reached an all-time high of 30.730 NA in 2010 and a record low of 5.850 NA in 2014. Iran IR: Liner Shipping Connectivity Index: Maximum Value In 2004 = 100 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: Transportation. The Liner Shipping Connectivity Index captures how well countries are connected to global shipping networks. It is computed by the United Nations Conference on Trade and Development (UNCTAD) based on five components of the maritime transport sector: number of ships, their container-carrying capacity, maximum vessel size, number of services, and number of companies that deploy container ships in a country's ports. For each component a country's value is divided by the maximum value of each component in 2004, the five components are averaged for each country, and the average is divided by the maximum average for 2004 and multiplied by 100. The index generates a value of 100 for the country with the highest average index in 2004. . The underlying data come from Containerisation International Online.; ; United Nations Conference on Trade and Development, Review of Maritime Transport 2010.; ;
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Iran: Research and development expenditure, percent of GDP: The latest value from 2019 is 0.79 percent, an increase from 0.76 percent in 2017. In comparison, the world average is 1.11 percent, based on data from 92 countries. Historically, the average for Iran from 2001 to 2019 is 0.49 percent. The minimum value, 0.24 percent, was reached in 2013 while the maximum of 0.79 percent was recorded in 2019.
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Crude Oil Production in Iran decreased to 3303 BBL/D/1K in May from 3328 BBL/D/1K in April of 2025. This dataset provides the latest reported value for - Iran Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Iran: Health spending as percent of GDP: The latest value from 2021 is 5.77 percent, an increase from 5.4 percent in 2020. In comparison, the world average is 7.21 percent, based on data from 181 countries. Historically, the average for Iran from 2000 to 2021 is 5.91 percent. The minimum value, 4.65 percent, was reached in 2002 while the maximum of 7.99 percent was recorded in 2016.
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Key information about Iran Crude Oil: Exports
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Iran: Inflation forecast: The latest value from 2030 is 25 percent, unchanged from 25 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Iran from 1990 to 2030 is 24.36 percent. The minimum value, 7.14 percent, was reached in 2017 while the maximum of 54.07 percent was recorded in 2022.
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Iran: Food production index (2004-2006 = 100): The latest value from 2022 is 83.9 index points, a decline from 89.6 index points in 2021. In comparison, the world average is 109.8 index points, based on data from 188 countries. Historically, the average for Iran from 1961 to 2022 is 54.7 index points. The minimum value, 13.3 index points, was reached in 1961 while the maximum of 101.8 index points was recorded in 2007.
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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.