Iran recorded a Current Account deficit of 2402 USD Million in the first quarter of 2020.

Current Account in Iran averaged 3442.56 USD Million from 1975 until 2020, reaching an all time high of 18850 USD Million in the second quarter of 2011 and a record low of -9448 USD Million in the second quarter of 1993. This page provides - Iran Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iran Current Account - values, historical data and charts - was last updated on October of 2020.

Current Account in Iran is expected to be 2000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Iran to stand at 4000.00 in 12 months time. In the long-term, the Iran Current Account is projected to trend around 3000.00 USD Million in 2021 and 4000.00 USD Million in 2022, according to our econometric models.

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Iran Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-2402.00 2034.00 18850.00 -9448.00 1975 - 2020 USD Million Quarterly

Iran Trade Last Previous Highest Lowest Unit
Balance of Trade -1767.00 2995.00 20935.00 -6529.00 USD Million [+]
Current Account -2402.00 2034.00 18850.00 -9448.00 USD Million [+]
Current Account to GDP -0.10 2.10 10.45 -14.77 percent [+]
Imports 14471.00 12597.00 26131.00 2917.00 USD Million [+]
Exports 12705.00 15592.00 38751.00 3112.00 USD Million [+]
Crude Oil Production 1964.00 1942.00 6677.00 510.00 BBL/D/1K [+]
Weapons Sales 20.00 5.00 123.00 0.00 USD Million [+]
Non Oil Exports 30375.00 31147.00 33569.00 2445.00 USD Million [+]
Oil Exports 29016.00 31848.00 119148.00 10659.00 USD Million [+]
Terrorism Index 4.72 4.40 5.83 1.90 [+]
External Debt 10910.00 8481.00 28647.00 5107.00 USD Million [+]
Foreign Direct Investment 2430.20 3223.00 4488.60 15.60 USD Million [+]


Iran Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).