Iran GDP YoYIran GDP YoYIran GDP YoY

Iran GDP YoY

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Key data points


Last release
Observation period
Q2 2024
Next release
Forecast
Highest
23.01% on Jun 30, 1992
Lowest
−12.54% on Dec 31, 1979

About Iran GDP YoY


Category
GDP
Frequency
Quarterly
Units
%
Iran has a fairy diversified economy. Although the country is one of the world’s major oil producers, the oil sector accounts only for 23 percent of GDP. The largest contributor to the GDP is services (around 50 percent of total output). Within services, the most important are real estate and specialized and professional services (14 percent of GDP); trade, restaurants and hotels (12 percent of GDP) and public services (10 percent of GDP). Manufacturing and mining constitute 20 percent of GDP and agriculture 10 percent.