Current Account to GDP in Iran decreased to -0.50 percent in 2020 from 1.10 percent in 2019. source: Central Bank of Iran

Current Account to GDP in Iran averaged 1.55 percent from 1980 until 2020, reaching an all time high of 10.45 percent in 2011 and a record low of -14.77 percent in 1992. This page provides - Iran Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iran Current Account to GDP - values, historical data and charts - was last updated on November of 2021.

Current Account to GDP in Iran is expected to reach -3.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iran Current Account to GDP is projected to trend around -1.00 percent of GDP in 2022 and -2.50 percent of GDP in 2023, according to our econometric models.

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Iran Current Account to GDP

Related Last Previous Unit Reference
Balance of Trade 4260.00 1961.00 USD Million Jun/21
Current Account 3534.00 -4.00 USD Million Jun/21
Current Account to GDP -0.50 1.10 percent of GDP Dec/20
Exports 17285.00 15637.00 USD Million Jun/21
Imports 13025.00 13675.00 USD Million Jun/21
Oil Exports 21043.00 29016.00 USD Million Dec/20
Non Oil Exports 28805.00 30375.00 USD Million Dec/20
External Debt 9142.00 9031.30 USD Million Dec/20
Foreign Direct Investment 905.60 2428.20 USD Million Dec/19
Iran Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.