Annual GDP growth in Iran (Islamic Republic of)
Iran (Islamic Republic of): Annual GDP growth was 3.7% in 2024. ◆ Volatile
Annual GDP growth in Iran (Islamic Republic of), 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual gdp growth in Iran (Islamic Republic of) stood at 3.7%.
That represents a change of down 31.3% on the previous year and down 26.5% over ten years.
Over the whole period, annual gdp growth in Iran (Islamic Republic of) peaked at 8.8% in 2016 and was at its lowest, -3.7%, in 2018.
Iran (Islamic Republic of) ranks 13th of 22 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Iran (Islamic Republic of), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 5.8% | — |
| 2001 | 2.4% | -59.1% |
| 2002 | 8.1% | +237.7% |
| 2003 | 8.6% | +6.9% |
| 2004 | 4.3% | -49.8% |
| 2005 | 3.2% | -26.4% |
| 2006 | 5.0% | +56.7% |
| 2007 | 8.2% | +63.1% |
| 2008 | 0.3% | -96.9% |
| 2009 | 1.0% | +301.6% |
| 2010 | 5.8% | +475.5% |
| 2011 | 2.6% | -54.4% |
| 2012 | -3.7% | -241.6% |
| 2013 | -1.5% | -59.4% |
| 2014 | 5.0% | -427.5% |
| 2015 | -1.4% | -128.6% |
| 2016 | 8.8% | -718.7% |
| 2017 | 3.0% | -65.7% |
| 2018 | -3.7% | -223.8% |
| 2019 | -2.4% | -37.0% |
| 2020 | 4.4% | -288.1% |
| 2021 | 4.1% | -7.0% |
| 2022 | 4.4% | +5.4% |
| 2023 | 5.3% | +22.5% |
| 2024 | 3.7% | -31.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.7% | 0.3% | 8.6% | 10 |
| 2010s | 1.2% | -3.7% | 8.8% | 10 |
| 2020s | 4.4% | 3.7% | 5.3% | 5 |
Countries ranked near Iran (Islamic Republic of)
More economy & growth data for Iran (Islamic Republic of)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 18.14 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 52.90 billion million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 118,690 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 2.84 billion million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 97,864 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 26.74 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 1.86 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 1.86 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 10.2 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.96 % (2024)
Frequently asked questions
- What is annual gdp growth in Iran (Islamic Republic of)?
- Annual gdp growth in Iran (Islamic Republic of) was 3.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Iran (Islamic Republic of)?
- The highest recorded value was 8.8% in 2016.
- What is the lowest annual gdp growth recorded in Iran (Islamic Republic of)?
- The lowest recorded value was -3.7% in 2018.
- How does Iran (Islamic Republic of) rank for annual gdp growth?
- Iran (Islamic Republic of) ranks 13th out of 22 groups with data for 2024.
- Is annual gdp growth rising or falling in Iran (Islamic Republic of)?
- Over the last ten years it is down 26.5%. The long-run trend across the full record is volatile.
- Where does this Iran (Islamic Republic of) data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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