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Iran Trade (% GDP)

Iran's trade (% GDP) fell to 49.71% in 2024, down from 52.18% in 2023, according to World Bank. This represents a decrease of 2.47% from the previous year. Iran has trade (% GDP) lower than the global median (49.71% vs median 84.49%). Compared with the median in Asia, Iran is lower (49.71% vs regional median 82.69%) and ranks 35th out of 45 countries in Asia.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 49.71%
2023 52.18%
2022 51.6%
2021 44.37%
2020 43.81%
2019 50.75%
2018 58.57%
2017 44.74%
2016 40.39%
2015 39.42%
2014 45.35%
2013 47.09%
2012 44.09%
2011 41.22%
2010 43.77%
2009 43.7%
2008 48.23%
2007 49.89%
2006 53.17%
2005 54.44%
2004 51.31%
2003 50.68%
2002 48.17%
2001 40.54%
2000 41.26%
1999 34.89%
1998 29.23%
1997 32.65%
1996 35.22%
1995 35.14%
1994 41.61%
1993 46.04%
1992 40.4%
1991 44.19%
1990 37.08%
1989 27.94%
1988 21.58%
1987 17.88%
1986 14.14%
1985 23.17%
1984 27.93%
1983 38.73%
1982 38.06%
1981 40.31%
1980 42.48%
1979 42.81%
1978 45.69%
1977 59.89%
1976 65.44%
1975 76.12%
1974 71.4%
1973 54.1%
1972 44.45%
1971 44.43%
1970 39.67%
1969 39.08%
1968 37.99%
1967 36.96%
1966 33.91%
1965 32.63%
1964 32.73%
1963 27.79%
1962 28.18%
1961 29.6%
1960 31.24%
Iran Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Iran divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $80.9B $67.27B 2022
Annual Imports $58.73B $52.96B 2022
Balance of Trade -$934M -$6B Dec'24
Exports $17.4B $12.2B Dec'24
Exports (% GDP) 22.9% 24.2% 2024
FDI Inflows (% GDP) 0.35% 0.38% 2023
Imports $18.3B $18.2B Dec'24
Imports (% GDP) 26.82% 27.98% 2024
Tariff Rate 15.22% 16.18% 2020