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
|1,648,195 sq km
|Type of Government
|USD 386.218 millions
|Adult Per Capita Income (PPP)
Economics, Policy & RegulationSix New Members Join BRICS
Emerging & Frontier MarketsSaudi Arabia Restoring Ties With Iran
Capital Raising & Corporate FinanceIran To Pilot Central Bank Digital Currency
Trade & Finance
|USD 35,026.99 million
|Major Trade Partners – Export
United Arab Emirates
|USD 19,956.60 million
|Major Trade Partners – Imports
United Arab Emirates
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.
|Tehran Oil Refining Company
|Persian Gulf Petrochemical Industries
|Iran Telecommunication Company
IMF World Economic Outlook
UN World Population Prospects
World Inequality Report
S&P Global 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