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Iran

Headline economic indicators for Iran, with the most recent official readings.

Prices

Prices — Iran
Indicator Value Change
Inflation rate · 42.2% +9.72 (+29.9%)
Consumer price index · 4,030.3 +1,195 (+42.2%)
GDP deflator inflation · 28.8% +0.41 (+1.4%)

GDP

GDP — Iran
Indicator Value Change
GDP growth rate · -2.8% -6.49 (-177.1%)
GDP per capita · 3,924.38 -1,266 (-24.4%)
GDP per capita, long-run history · 18,473 +420.70 (+2.3%)
GDP · 362,682,115,433.36 -112,569,973,782 (-23.7%)
GDP, PPP · 1,820,556,170,292 -1,893,487,818 (-0.1%)
GDP per capita, PPP · 19,699 -203.53 (-1.0%)
GDP per capita growth · -3.7% -6.30 (-244.3%)
GNI per capita · 4,650 -480.00 (-9.4%)
Agriculture to GDP · 10.6% -0.21 (-1.9%)
Industry to GDP · 39.6% +3.57 (+9.9%)
Manufacturing to GDP · 20.6% -1.03 (-4.8%)
Services to GDP · 47.1% -2.69 (-5.4%)
Household consumption to GDP · 53.7% +8.20 (+18.0%)
Gross capital formation to GDP · 41.8% -2.57 (-5.8%)
Gross savings to GDP · 37.9% +1.16 (+3.1%)

Labour

Labour — Iran
Indicator Value Change
Unemployment rate · 8.3% +0.15 (+1.9%)
Labour force participation rate · 41.0% -0.30 (-0.7%)
Female labour force participation rate · 14.0% -0.13 (-0.9%)
Youth unemployment rate · 21.9% +0.59 (+2.8%)
Employment to population ratio · 37.6% -0.34 (-0.9%)
Employment in agriculture · 13.6% -0.14 (-1.0%)
Employment in industry · 34.7% -0.25 (-0.7%)
Employment in services · 51.7% +0.39 (+0.8%)

Money

Money — Iran
Indicator Value Change
Real interest rate · 3.4% -10.54 (-75.3%)
Broad money to GDP · 79.1% +2.37 (+3.1%)
Private sector credit to GDP · 57.8% +1.46 (+2.6%)
Lending rate · 18.0% +3.79 (+26.7%)
Bank deposit rate · 12.8% -3.50 (-21.5%)
Stock market capitalization to GDP · 51.2% +15.08 (+41.8%)
Official exchange rate · 42,000 +0.00 (+0.0%)

Trade

Trade — Iran
Indicator Value Change
Current account to GDP · 11.4% +5.63 (+97.8%)
Exports to GDP · 25.8% +2.20 (+9.4%)
Imports to GDP · 34.5% +5.98 (+21.0%)
Trade to GDP · 60.2% +8.18 (+15.7%)
Exports of goods and services · 93,406,513,015.37 -18,522,350,173 (-16.5%)
Imports of goods and services · 125,082,704,285.68 -10,414,796,270 (-7.7%)
Trade balance, goods and services (annual) · 12,224,000,000 +5,868,000,000 (+92.3%)
Current account balance (annual) · 12,481,000,000 +5,926,000,000 (+90.4%)
Foreign direct investment to GDP · 0.5% +0.15 (+48.9%)
Remittances received to GDP · 0.5% -0.23 (-29.1%)
Total reserves, including gold · 7,685,456,407.41 +4,353,761,036 (+130.7%)
Reserves in months of imports · 5.8 +3.43 (+143.6%)
External debt to GNI · 2.2% -0.24 (-9.8%)

Government

Government — Iran
Indicator Value Change
Government revenue to GDP · 25.4% -1.06 (-4.0%)
Government expense to GDP · 19.6% +1.39 (+7.6%)
Tax revenue to GDP · 7.4% +1.16 (+18.7%)
Government budget balance to GDP · 0.5% -1.84 (-80.3%)
Government consumption to GDP · 13.3% +0.21 (+1.6%)
Education spending to GDP · 2.8% +0.15 (+5.8%)
Health spending to GDP · 6.0% +0.40 (+7.1%)

Demography

Demography — Iran
Indicator Value Change
Population · 92,417,681 +849,943 (+0.9%)
Population, long-run history · 85,108 +602.76 (+0.7%)
Population growth · 0.9% -0.13 (-12.2%)
Life expectancy · 77.9 +0.20 (+0.3%)
Fertility rate · 1.68 -0.01 (-0.6%)
Birth rate · 12.6 -0.38 (-2.9%)
Death rate · 4.8 +0.08 (+1.8%)
Urban population share · 77.4% +0.36 (+0.5%)
Population aged 65 and over · 8.6% +0.34 (+4.2%)
Under-five mortality rate · 11.3 -0.40 (-3.4%)
Population density · 56.4 +0.59 (+1.1%)
Net migration · 116,786 -73,370 (-38.6%)
Gini index · 35.9 +1.10 (+3.2%)

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

Iran

Economies nearby

Comparable readings from neighbouring economies.