The Gross Domestic Product (GDP) in Iran was worth 454.01 billion US dollars in 2017. The GDP value of Iran represents 0.73 percent of the world economy. GDP in Iran averaged 175.41 USD Billion from 1965 until 2017, reaching an all time high of 598.85 USD Billion in 2012 and a record low of 6.20 USD Billion in 1965.

GDP in Iran is expected to be 485.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iran GDP is projected to trend around 515.50 USD Billion in 2020, according to our econometric models.

Iran GDP
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Iran GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 1.80 2.70 23.01 -12.54 percent [+]
GDP 454.01 418.98 598.85 6.20 USD Billion [+]
GDP Constant Prices 1677000.00 1703000.00 1904000.00 40077.46 IRR Billion [+]
Gross Fixed Capital Formation 197000.00 369000.00 385000.00 10115.11 IRR Billion [+]
GDP per capita 6952.40 6794.30 10266.90 2980.60 USD [+]
GDP per capita PPP 19098.00 18663.50 19098.00 11364.30 USD [+]
GDP From Agriculture 103000.00 16000.00 228000.00 891.56 IRR Billion [+]
GDP From Mining 370000.00 443000.00 444000.00 6309.34 IRR Billion [+]
GDP From Services 844000.00 926000.00 926000.00 22451.35 IRR Billion [+]


Iran GDP

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. This page provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iran GDP - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
454.01 418.98 598.85 6.20 1965 - 2017 USD Billion Yearly
Current USD




Country Last Previous
United States 20494.10 Dec/18
Euro Area 13669.95 Dec/18
China 13608.15 Dec/18
Japan 4970.92 Dec/18
Germany 3996.76 Dec/18
United Kingdom 2825.21 Dec/18
France 2777.54 Dec/18
India 2726.32 Dec/18
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Brazil 1868.63 Dec/18
Canada 1709.30 Dec/18
Russia 1657.60 Dec/18
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Spain 1426.19 Dec/18
Mexico 1223.81 Dec/18
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Switzerland 705.50 Dec/18
Argentina 518.50 Dec/18
South Africa 366.30 Dec/18
Singapore 364.16 Dec/18


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