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) [1]

GDP, PPP (current international) $1,700,355,863,430 (2017)
GDP Growth Rate (annual %) 4.3% (2017)
GDP Per Capita, PPP (current international) $20,950 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 18/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 10.481% (2017)
External debt stocks, total (DOD, current US$) $6,276,233,936 (2017)
Total tax rate (% of commercial profits) 44.7% (2017)
Real Interest Rate (5 year average %) 16.133% (2016)
Manufacturing, value added (% of GDP) 11.896% (2016)
Current Account Balance (BoP, current US$) $12,481,000,000 (2000)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 27,344,920 (2017)
Employment in Agriculture (% of total employment) 17.137% (2017)
Employment in Industry (% of total employment) 32.402% (2017)
Employment in Services (% of total employment) 50.46% (2017)
Unemployment Rate 12.516% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $97,947,402,052 (2017)
Exports of goods and services (current US$) $104,546,161,556 (2017)
Total Merchandise Trade (% of GDP) 31.626% (2017)
FDI, net inflows (BoP, current US$) $5,019,000,000 (2017)
Commercial Service Exports (current US$) $1,357,000,000 (2000)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank