Iran GDPIran GDPIran GDP

Iran GDP

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Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
‪644.04 B‬USD on Dec 31, 2012
Lowest
‪4.20 B‬USD on Dec 31, 1960

About Iran GDP


Category
GDP
Frequency
Annual
Units
USD
The biggest sector of Iran´s economy are services, which account for 51 percent of GDP. With services the most important segments are: real estate and specialized and professional services (14 percent of total GDP); trade restaurants and hotels (12 percent) and public services (10 percent). Oil production constitutes 23 percent of the wealth. Manufacturing and mining contribute for 13 percent of the output and agriculture for 10 percent. The last big component of the GDP is construction and electricity, gas and water distribution, which account for 7 percent of total output.

Frequently Asked Questions


One of the ways to count Iran GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Iran GDP was 401.5 B USD, and the previous year it amounted to 413.49 B USD.
Iran GDP accounts for 0.38% of the world GDP.
GDP per capita is gross domestic product divided by a country's population. In 2023 Iran GDP Per Capita was ‪5.74 K‬ USD, and in 2022 it amounted to ‪5.51 K‬ USD.
Last quarter Iran Real GDP amounted to ‪24,176.59 T‬ IRR, the quarter before that it was ‪24,169.28 T‬ IRR.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Iran GDP has ever reached is 644.04 B USD.
The lowest ever value Iran GDP has reached is 4.2 B USD.