Economy of Iran
Iran has a developing mixed economy that is centrally planned through its large public sector. With a population of over 90 million, Iran has an economic output of $362.68... Wikipedia
- Currency: Iranian rial (IRR, ﷼)
- Fiscal year: March 21–20
- Trade organizations: ECO, OPEC, GECF, WTO (observer), SCO, BRICS and others
- Population: 92,400,000 (2025)
- GDP: $362.68 billion (nominal, 2026), $1.78 trillion (PPP, 2026)
- GDP rank: 56th (nominal, 2026), 27th (PPP, 2026)
- GDP growth: 0.3% (2025)
- GDP per capita: $3,415 (nominal, 2026), $21,888 (PPP, 2026)
- GDP per capita rank: 134th (nominal, 2025), 88th (PPP, 2025)
- GDP by sector: Agriculture: 6.9% (2016 est.), Industry: 35.3% (2016 est.), Services: 55% (2017 est.)
- GDP by component: Household consumption: 49.7%, Government consumption: 14%, Investment in fixed capital: 20.6%, Investment in inventories: 14.5%, Exports of goods and services: 26%, Imports of goods and services: −24.9%, (2017 est.)
- Inflation (CPI): 40% (2026)
- Base borrowing rate: NA
- Population below poverty line: 55% living on less than 3.4 million tomans/month (2019, per Majlis Research Center), 22% on less than $6.85/day (2022)
- Gini coefficient: 38.8 medium (2018)
- Human Development Index: 0.799 high (2023) (78th), 0.584 medium IHDI (2022)
- Labor force: 27,358,987 (2019), 39.1% employment rate (2018)
- Unemployment: 8.90% (2021)
- Average net salary: Urban households, IRR 17 million, monthly (FY 2013), Rural households, IRR 10 million, monthly (FY 2013)
- Main industries: petroleum, petrochemicals, fertilizers, horticulture, car manufacture, parts, pharmaceuticals, home appliances, electronics, telecommunications, energy, power, caustic soda, textiles, construction, cement and other construction materials, food processing (particularly sugar refining and vegetable oil production), ferrous and non-ferrous metal fabrication, armaments
- Exports: $107.43 billion (2018)
- Export goods: petroleum (56%), chemical and petrochemical products, automobiles, fruits and nuts, carpets
- Main export partners: 36%, 20.21%, 10.7%, 10.5%(2024), 4.5%, 2.8%, 1.8%, (2024)
- Imports: $54.46 billion (2018)
- Import goods: industrial raw materials and intermediate goods (46%), capital goods (35%), foodstuffs and other consumer goods (19%), technical services
- Main import partners: 28.4% (2025), 12.9%, 11.7%, 10.5% (2025), 10.5%, 4.9%, 1.7%, 1.7% (2022)
- FDI stock: Domestic: $50.33 billion (2017), Abroad: $5.22 billion (2017)
- Current account: $32.031 billion (2022), 1.62% of GDP (2022)
- Gross external debt: $9.142 billion (2022)
- Public debt: IRR 34,091,132 billion (2022), 34.17% of GDP (2022)
- Revenues: IRR 8,298,940 billion (2022)
- Expenses: IRR 12,487,173 billion (2022)
- Credit rating: CCC (Sovereign risk), CCC (Currency risk), CC (Bank sector risk), CC (Political risk), B (Economic structure risk), CC (Country risk), (2014)
- Foreign reserves: $85.2 billion (2020, est.)
- Data source: DuckDuckGo