The Gross Domestic Product (GDP) in Iran was worth 445.35 billion US dollars in 2017, according to official data from the World Bank and projections from Trading Economics. The GDP value of Iran represents 0.37 percent of the world economy. source: World Bank

GDP in Iran averaged 159.93 USD Billion from 1960 until 2017, reaching an all time high of 598.87 USD Billion in 2012 and a record low of 4.20 USD Billion in 1960. This page provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iran GDP - values, historical data and charts - was last updated on November of 2020.

GDP in Iran is expected to reach 410.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iran GDP is projected to trend around 415.00 USD Billion in 2021 and 420.00 USD Billion in 2022, according to our econometric models.

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Iran GDP

Actual Previous Highest Lowest Dates Unit Frequency
445.35 417.98 598.87 4.20 1960 - 2017 USD Billion Yearly
Current USD

Iran GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -6.40 1.70 23.01 -12.54 percent [+]
GDP 445.35 417.98 598.87 4.20 USD Billion [+]
GDP Constant Prices 1433096.95 1518153.10 1904000.00 40077.46 IRR Billion [+]
Gross Fixed Capital Formation 252186.00 219977.00 385000.00 10115.11 IRR Billion [+]
GDP per capita 6948.70 6790.60 10261.30 2979.00 USD [+]
GDP per capita PPP 14535.90 14205.20 14535.90 8649.60 USD [+]
GDP From Agriculture 16224.32 118224.84 245422.65 891.56 IRR Billion [+]
GDP From Mining 411950.31 397182.54 444000.00 6309.34 IRR Billion [+]
GDP From Services 877436.23 840590.79 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.
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