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Iran GDP

Iran's GDP rose to $436.91 billion in 2024, up from $404.63 billion in 2023, according to World Bank. This represents an increase of 8% ($32.28 billion) from the previous year and accounts for 0.39% of the world's total GDP. Iran has GDP higher than the global median ($436.91 billion vs median $35.85 billion). Compared with the median in Asia, Iran is higher ($436.91 billion vs regional median $98.96 billion) and ranks 14th out of 47 countries in Asia.

Iran's GDP per capita rose to $5,778.66 in 2024, up from $5,667.53 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 436.91
2023 404.63
2022 394.36
2021 383.44
2020 262.19
2019 333.52
2018 398.88
2017 489.17
2016 459.04
2015 409.19
2014 462.28
2013 500.4
2012 644.02
2011 629.08
2010 487.07
2009 414.06
2008 406.07
2007 349.74
2006 265.6
2005 224.97
2004 187.75
2003 151.91
2002 128.63
2001 126.88
2000 109.59
1999 113.85
1998 110.28
1997 113.92
1996 120.4
1995 96.42
1994 71.84
1993 63.74
1992 119.77
1991 131.64
1990 124.81
1989 120.5
1988 123.06
1987 134.01
1986 209.09
1985 180.18
1984 162.28
1983 156.37
1982 125.95
1981 100.5
1980 94.36
1979 90.39
1978 77.99
1977 80.6
1976 68.06
1975 51.78
1974 46.21
1973 27.08
1972 17.15
1971 13.73
1970 10.98
1969 9.74
1968 8.62
1967 7.56
1966 6.79
1965 6.2
1964 5.38
1963 4.93
1962 4.69
1961 4.43
1960 4.2
Iran GDP : Definition
GDP measures the total value of all goods and services produced in Iran, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 3.04% 5.04% 2024
GDP Growth Rate (YoY) 1.6% 3.1% Dec'24
GDP per Capita $5,778.66 $5,667.53 2024
GDP per Capita PPP $16,224.04 $15,912.03 2024
R&D Expenditure (% GDP) 0.73% 0.79% 2021
Real GDP $529.14B $513.53B 2024