Iran Economy

Economy of Iran

Iran had a developing mixed economy that was centrally planned through its large public sector. With a population of over 90 million, the Iranian economy was supported by an industrial manufacturing base, a subsidized oil and gas sector, and abundant natural resources. Its energy sector was home to 10% of the world's proven oil reserves and 15% of the world's gas reserves, often projecting Iran as an "energy superpower". Since the 1979 Islamic revolution, the Iranian economy had experienced slower economic growth, high inflation, and recurring crises. A variety of armed conflicts in the region have exacerbated economic pressures from the 1980s to the 2020s. The nation had experienced varied levels of "brain drain" due to Iranians seeking overseas employment or immigration. Inflation in Iran has been persistent and caused mass protests.

Data Source : Wikipedia

• Entity:  Economy

• 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.)
• Wikidata description:  Economy Of The Country
• Wikidata label:  Economy Of Iran
• Wikidata aliases:  Economy Of Iran, Economics In Iran, Economics Of Iran

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