Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Iran economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Iran best banks and safest banks are also available.
Strong Economic Potential Despite International Isolation
A nation rich in natural resources, Iran wrestles with complex economic realities. Following years of economic downturns, there are now signs of a rebound in the nation’s GDP, partly spurred by rising oil and gas prices. Yet, the country’s access to the global marketplace remains constricted due to international sanctions, and rampant inflation continues to erode purchasing power and deter investment. Despite these hurdles, great potential lies within the service, manufacturing and agriculture sectors. Iran also boasts a pool of skilled labor force in its young and educated population. Yet, the promise of this potential is overshadowed by high unemployment and widespread poverty, as well as complex bureaucracy and limited economic freedoms.Iran GDP & Economic Overview
Key Facts
Total Area | 1,648,195 sq km |
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Type of Government | Theocratic republic |
Capital City | Tehran |
Total Population | 87.412 million |
Median Age | 33.0 |
Total GDP | USD 386.218 millions |
Adult Per Capita Income (PPP) | USD 23,132 |
Iran
Trade & Finance
International Trade
Total Exports | USD 35,026.99 million |
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Major Exports |
Ethylene polymers pistachios iron copper industrial alcohols aluminum |
Major Trade Partners – Export |
China Iraq United Arab Emirates |
Total Imports | USD 19,956.60 million |
Major Imports |
Rice corn broadcasting equipment soybean products beef |
Major Trade Partners – Imports |
China United Arab Emirates India Turkey Germany |
Inbound and Outbound Investment
Data Shows Iran’s Debt Load To Be Among
the Middle East’s Lightest
The chart at left compares Iran’s debt-to-GDP ratio to the regional average. It illustrates how the country has been successful at keeping its debt burden in line with its national productive capacity.
Iran's Leading Companies
Oil | Tehran Oil Refining Company |
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Oil | Persian Gulf Petrochemical Industries |
Banking | Bank Melli |
Banking | Bank Melat |
Automotive | Iran Khodr |
Telecom | Iran Telecommunication Company |