Iran: Economy

Economic Trivia

Petroleum accounts for 80% of Iran's all exports.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2011): United Arab Emirates, China, and South Korea
Top 3 Exported Goods (2011): Oil & Mineral Fuels, Items nesoi, and Organic Chemicals

Top Industries Source: CIA World Factbook

Petroleum; Petrochemicals; Fertilizers; Caustic Soda

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $1,357,025,247,233 (2014)
GDP Growth Rate (annual %) 4.343% (2014)
GDP Per Capita, PPP (current international) $17,366 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 18/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 13.706% (2015)
External debt stocks, total (DOD, current US$) $5,495,361,000 (2014)
Total tax rate (% of commercial profits) 44.1% (2015)
Real Interest Rate (5 year average %) 1.568% (2014)
Manufacturing, value added (% of GDP) 11.83% (2014)
Current Account Balance (BoP, current US$) $12,481,000,000 (2000)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 27,133,460 (2014)
Employment in Agriculture (% of total employment) 17.9% (2014)
Employment in Industry (% of total employment) 33.8% (2014)
Employment in Services (% of total employment) 48.3% (2014)
Unemployment Rate 12.8% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $80,361,999,599 (2014)
Exports of goods and services (current US$) $102,796,181,067 (2014)
Total Merchandise Trade (% of GDP) 32.869% (2014)
FDI, net inflows (BoP, current US$) $2,050,000,000 (2015)
Commercial Service Exports (current US$) $1,357,000,000 (2000)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Iran’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary