Country Report - Browse a full set of economic indicators

Iran

Country Report - Includes Iran real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Iran economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Iran best banks and safest banks are also available.

Strong Economic Potential Despite International Isolation

A nation rich in natural resources, Iran wrestles with complex economic realities. Following years of economic downturns, there are now signs of a rebound in the nation’s GDP, partly spurred by rising oil and gas prices. Yet, the country’s access to the global marketplace remains constricted due to international sanctions, and rampant inflation continues to erode purchasing power and deter investment.

Despite these hurdles, great potential lies within the service, manufacturing and agriculture sectors. Iran also boasts a pool of skilled labor force in its young and educated population. Yet, the promise of this potential is overshadowed by high unemployment and widespread poverty, as well as complex bureaucracy and limited economic freedoms.

Iran GDP & Economic Overview

Key Facts

Total Area 1,648,195 sq km
Type of Government Theocratic republic
Capital City Tehran
Total Population 87.412 million
Median Age 33.0
Total GDP USD 386.218 millions
Adult Per Capita Income (PPP) USD 23,132

Trade & Finance

International Trade

Total Exports USD 35,026.99 million
Major Exports Ethylene polymers
pistachios
iron
copper
industrial alcohols
aluminum
Major Trade Partners – Export China
Iraq
United Arab Emirates
Total Imports USD 19,956.60 million
Major Imports Rice
corn
broadcasting equipment
soybean products
beef
Major Trade Partners – Imports China
United Arab Emirates
India
Turkey
Germany

Inbound and Outbound Investment

Data Shows Iran’s Debt Load To Be Among
the Middle East’s Lightest

The chart at left compares Iran’s debt-to-GDP ratio to the regional average. It illustrates how the country has been successful at keeping its debt burden in line with its national productive capacity.

Iran's Leading Companies

Oil Tehran Oil Refining Company
Oil Persian Gulf Petrochemical Industries
Banking Bank Melli
Banking Bank Melat
Automotive Iran Khodr
Telecom Iran Telecommunication Company

Global Finance Rankings & Awards: Iran

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.


Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

arrow-chevron-right-redarrow-chevron-rightbutton-arrow-left-greybutton-arrow-left-red-400button-arrow-left-red-500button-arrow-left-red-600button-arrow-left-whitebutton-arrow-right-greybutton-arrow-right-red-400button-arrow-right-red-500button-arrow-right-red-600button-arrow-right-whitecaret-downcaret-rightclosecloseemailfacebook-square-holdfacebookhamburger-newhamburgerinstagramlinkedin-square-1linkedinpauseplaysearch-outlinesearchsubscribe-digitalsubscribe-printtwitter-square-holdtwitteryoutube