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GDP Growth in Iran

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020)
Last Updated: Feb 8, 2021

Iran's GDP growth amounted to -4.99 % in 2020 according to the the National Statistical Office. This is 1.52 % more than in the previous year (-6.51 %).

Historically, GDP growth in Iran reached an all time high of 18.1 % in 1990 and an all time low of -18.8 % in 1980. When compared to Iran's main peers, GDP growth in Iraq amounted to -12.1 %, -0.385 % in Pakistan and 1.78 % in Turkmenistan in 2020.

Iran has been ranked 87th within the group of 174 countries we follow in terms of GDP growth, 19 places behind the position seen 10 years ago.

Annual percentage growth rate of the whole economy at market prices based on a constant local currency.

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