Iran: economy

What is Iran's GDP growth rate?

Iran's GDP shrank 2.8% in 2025, after growth of 3.7% in 2024 and 5.3% in 2023, according to the World Bank World Development Indicators.

The growth rate measures the change in output after removing inflation. GDP in US dollars fell from US$475.3 billion in 2024 to US$362.7 billion in 2025, according to the World Bank, a fall that also depends on the exchange rate used to convert rials. Iran's own national accounts are published by the Central Bank of Iran and the Statistical Centre of Iran; Iranian government websites, including those of the Central Bank of Iran and the Statistical Centre of Iran, could not be reached on 15 October 2026, so their latest figures could not be confirmed here.

Official sources: World Bank: GDP growth, Iran · World Bank: GDP in current US$, Iran

What is the inflation rate in Iran?

Consumer prices in Iran rose 42.2% in 2025, up from 32.5% in 2024, according to the World Bank World Development Indicators. Inflation was 44.6% in 2023 and 43.5% in 2022.

The annual figure compares average prices across the year with the year before. Monthly inflation is published by the Statistical Centre of Iran and the Central Bank of Iran, which use the Iranian calendar year; Iranian government websites, including those of the Central Bank of Iran and the Statistical Centre of Iran, could not be reached on 15 October 2026, so the latest monthly rate could not be confirmed here. The GDP deflator, a broader price measure, rose 28.8% in 2025, according to the World Bank.

Official sources: World Bank: inflation, consumer prices, Iran · World Bank: GDP deflator, Iran

What is Iran's GDP per capita?

Iran's GDP per person was US$3,924 in 2025, down from US$5,190 in 2024, according to the World Bank World Development Indicators. Gross national income per person was US$4,650, according to the World Bank, using the Atlas method.

Dollar figures depend heavily on the exchange rate used. GDP per person in dollars fell by about a quarter in 2025, while real output fell 2.8%. The Atlas method averages exchange rates over three years, so GNI per person changes more slowly than GDP per person.

Official sources: World Bank: GDP per capita, Iran · World Bank: GNI per capita, Iran

How much does Iran depend on oil exports?

Fuels made up 68.0% of Iran's merchandise exports in 2023, up from 56.4% in 2022 and 29.2% in 2020, according to the World Bank World Development Indicators.

Fuels include crude oil, oil products and gas. Exports of goods and services as a whole were 25.8% of GDP in 2025, according to the World Bank. The share of fuels moves with oil prices and export volumes, so it can change sharply from year to year, as the rise from 29.2% in 2020 shows.

Official sources: World Bank: fuel exports, Iran · World Bank: exports of goods and services, Iran

What is the rial to dollar exchange rate?

Iran's official exchange rate was 42,000 rials per US dollar in 2023, according to the World Bank World Development Indicators, the same as in each year since 2020.

The World Bank series shows the official rate only and has not been updated beyond 2023; other rates used in Iran's markets are not covered by it. Current rates are published by the Central Bank of Iran; Iranian government websites, including those of the Central Bank of Iran and the Statistical Centre of Iran, could not be reached on 15 October 2026, so the current rate could not be confirmed here.

Official sources: World Bank: official exchange rate, Iran

Is Iran's economy growing?

In 2025, real GDP growth in Iran was -2.8%, according to the World Bank. The peak was 8.8% in 2016 and the low -3.7% in 2018. Middle East, North Africa, Afghanistan & Pakistan median: 3.5%; Iran is 17th highest of 17. Worldwide: 179th of 180.

What is Iran's GDP per person?

The World Bank puts GDP per person in Iran at $3,924 in 2025. The peak was $8,114 in 2012 and the low $3,132 in 2005. Across Middle East, North Africa, Afghanistan & Pakistan the middle value was $6,051, and Iran placed 14th highest of 17. World rank, highest first: 125th of 180.

How does Iran's income per person compare after prices?

The latest figure from the World Bank, for 2025, is $19,699 in international dollars. Since 2005 it has ranged from $13,928 in international dollars (2019) to $19,903 in international dollars (2024). It is 9th highest of 17 in Middle East, North Africa, Afghanistan & Pakistan, where the median is $19,699 in international dollars. Worldwide: 92nd of 179.

What share of Iran's economy is exports?

The World Bank puts exports of goods and services in Iran at 25.8% of GDP in 2025. Since 2005 it has ranged from 18.4% of GDP (2020) to 30.3% of GDP (2005). It is 8th highest of 11 in Middle East, North Africa, Afghanistan & Pakistan, where the median is 29.7% of GDP. World rank, highest first: 91st of 133.

How much foreign investment does Iran receive?

0.5% of GDP: that is net inflows of foreign direct investment in Iran for 2025, according to the IMF. The peak was 1.3% of GDP in 2005 and the low 0.3% of GDP in 2024. Across Middle East, North Africa, Afghanistan & Pakistan the middle value was 1.8% of GDP, and Iran placed 15th highest of 17. Of 179 countries with 2025 data, 146th highest.

What are bank lending rates in Iran?

According to the IMF, the average bank lending rate in Iran was 18.0% in 2016. No year since 2005 has been higher. Across Middle East, North Africa, Afghanistan & Pakistan the middle value was 8.1%, and Iran placed 1st highest of 11. World rank, highest first: 16th of 128.