Manufacturing, value added in Iran
Iran: Manufacturing, value added was 85.48 billion constant 2015 US$ in 2024. ◆ Volatile
Latest (2024)
85.48 billion constant 2015 US$
Change on year
up 2.3%
World rank
25th
of 186 countries
All-time high
85.48 billion constant 2015 US$
in 2024
All-time low
1.12 billion constant 2015 US$
in 1960
Years of data
65
1960–2024
Manufacturing, value added in Iran, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Iran recorded 85.48 billion constant 2015 US$ for manufacturing, value added in 2024. That is the highest value across all 65 years on record.
The figure is up 2.3% on the previous year and up 42.6% over ten years.
Over the whole period, manufacturing, value added in Iran peaked at 85.48 billion constant 2015 US$ in 2024 and was at its lowest, 1.12 billion constant 2015 US$, in 1960.
That places Iran 25th out of 186 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Iran, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 1.12 billion constant 2015 US$ | — |
| 1961 | 1.21 billion constant 2015 US$ | +8.0% |
| 1962 | 1.40 billion constant 2015 US$ | +16.4% |
| 1963 | 1.54 billion constant 2015 US$ | +9.5% |
| 1964 | 1.63 billion constant 2015 US$ | +5.6% |
| 1965 | 1.82 billion constant 2015 US$ | +11.8% |
| 1966 | 2.10 billion constant 2015 US$ | +15.4% |
| 1967 | 2.38 billion constant 2015 US$ | +13.3% |
| 1968 | 2.71 billion constant 2015 US$ | +14.1% |
| 1969 | 3.04 billion constant 2015 US$ | +12.2% |
| 1970 | 3.30 billion constant 2015 US$ | +8.7% |
| 1971 | 3.84 billion constant 2015 US$ | +16.1% |
| 1972 | 4.49 billion constant 2015 US$ | +16.9% |
| 1973 | 5.31 billion constant 2015 US$ | +18.3% |
| 1974 | 6.17 billion constant 2015 US$ | +16.3% |
| 1975 | 6.68 billion constant 2015 US$ | +8.2% |
| 1976 | 8.69 billion constant 2015 US$ | +30.0% |
| 1977 | 9.12 billion constant 2015 US$ | +5.0% |
| 1978 | 8.16 billion constant 2015 US$ | -10.5% |
| 1979 | 7.11 billion constant 2015 US$ | -12.9% |
| 1980 | 7.99 billion constant 2015 US$ | +12.3% |
| 1981 | 8.63 billion constant 2015 US$ | +8.0% |
| 1982 | 8.25 billion constant 2015 US$ | -4.4% |
| 1983 | 9.23 billion constant 2015 US$ | +11.9% |
| 1984 | 10.37 billion constant 2015 US$ | +12.3% |
| 1985 | 10.15 billion constant 2015 US$ | -2.1% |
| 1986 | 9.50 billion constant 2015 US$ | -6.4% |
| 1987 | 10.56 billion constant 2015 US$ | +11.1% |
| 1988 | 10.78 billion constant 2015 US$ | +2.1% |
| 1989 | 11.16 billion constant 2015 US$ | +3.5% |
| 1990 | 14.30 billion constant 2015 US$ | +28.1% |
| 1991 | 17.33 billion constant 2015 US$ | +21.2% |
| 1992 | 17.17 billion constant 2015 US$ | -0.9% |
| 1993 | 16.27 billion constant 2015 US$ | -5.2% |
| 1994 | 16.81 billion constant 2015 US$ | +3.3% |
| 1995 | 16.81 billion constant 2015 US$ | -0.0% |
| 1996 | 19.90 billion constant 2015 US$ | +18.4% |
| 1997 | 22.22 billion constant 2015 US$ | +11.7% |
| 1998 | 21.56 billion constant 2015 US$ | -3.0% |
| 1999 | 23.75 billion constant 2015 US$ | +10.2% |
| 2000 | 26.58 billion constant 2015 US$ | +11.9% |
| 2001 | 30.22 billion constant 2015 US$ | +13.7% |
| 2002 | 34.01 billion constant 2015 US$ | +12.5% |
| 2003 | 37.58 billion constant 2015 US$ | +10.5% |
| 2004 | 39.13 billion constant 2015 US$ | +4.1% |
| 2005 | 43.23 billion constant 2015 US$ | +10.5% |
| 2006 | 46.66 billion constant 2015 US$ | +7.9% |
| 2007 | 47.58 billion constant 2015 US$ | +2.0% |
| 2008 | 49.07 billion constant 2015 US$ | +3.1% |
| 2009 | 53.04 billion constant 2015 US$ | +8.1% |
| 2010 | 58.61 billion constant 2015 US$ | +10.5% |
| 2011 | 61.92 billion constant 2015 US$ | +5.6% |
| 2012 | 59.27 billion constant 2015 US$ | -4.3% |
| 2013 | 56.01 billion constant 2015 US$ | -5.5% |
| 2014 | 59.92 billion constant 2015 US$ | +7.0% |
| 2015 | 55.04 billion constant 2015 US$ | -8.2% |
| 2016 | 59.43 billion constant 2015 US$ | +8.0% |
| 2017 | 62.50 billion constant 2015 US$ | +5.2% |
| 2018 | 60.53 billion constant 2015 US$ | -3.2% |
| 2019 | 61.50 billion constant 2015 US$ | +1.6% |
| 2020 | 69.73 billion constant 2015 US$ | +13.4% |
| 2021 | 72.13 billion constant 2015 US$ | +3.4% |
| 2022 | 79.37 billion constant 2015 US$ | +10.0% |
| 2023 | 83.59 billion constant 2015 US$ | +5.3% |
| 2024 | 85.48 billion constant 2015 US$ | +2.3% |
Iran compared with similar countries
- Iran's 85.48 billion constant 2015 US$ is above the median for upper middle income countries, which is 3.45 billion constant 2015 US$, 24.8× the median. (56 countries reporting)
- Iran's 85.48 billion constant 2015 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 11.16 billion constant 2015 US$, 7.7× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.89 billion constant 2015 US$ | 1.12 billion constant 2015 US$ | 3.04 billion constant 2015 US$ | 10 |
| 1970s | 6.29 billion constant 2015 US$ | 3.30 billion constant 2015 US$ | 9.12 billion constant 2015 US$ | 10 |
| 1980s | 9.66 billion constant 2015 US$ | 7.99 billion constant 2015 US$ | 11.16 billion constant 2015 US$ | 10 |
| 1990s | 18.61 billion constant 2015 US$ | 14.30 billion constant 2015 US$ | 23.75 billion constant 2015 US$ | 10 |
| 2000s | 40.71 billion constant 2015 US$ | 26.58 billion constant 2015 US$ | 53.04 billion constant 2015 US$ | 10 |
| 2010s | 59.47 billion constant 2015 US$ | 55.04 billion constant 2015 US$ | 62.50 billion constant 2015 US$ | 10 |
| 2020s | 78.06 billion constant 2015 US$ | 69.73 billion constant 2015 US$ | 85.48 billion constant 2015 US$ | 5 |
Countries ranked near Iran
- 22 Netherlands 105.78 billion constant 2015 US$ compare
- 23 Malaysia 102.25 billion constant 2015 US$ compare
- 24 Singapore 90.96 billion constant 2015 US$ compare
- 26 Philippines 85.41 billion constant 2015 US$ compare
- 27 Australia 82.67 billion constant 2015 US$ compare
- 28 Denmark 82.17 billion constant 2015 US$ compare
More economy & growth data for Iran
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 89.42 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.9766 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.45 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 1.88 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.003 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 15.83 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 130.68 % change on previous year (1982)
Frequently asked questions
- What is manufacturing, value added in Iran?
- Manufacturing, value added in Iran was 85.48 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Iran?
- The highest recorded value was 85.48 billion constant 2015 US$ in 2024.
- What is the lowest manufacturing, value added recorded in Iran?
- The lowest recorded value was 1.12 billion constant 2015 US$ in 1960.
- How does Iran rank for manufacturing, value added?
- Iran ranks 25th out of 186 countries with data for 2024.
- Is manufacturing, value added rising or falling in Iran?
- Over the last ten years it is up 42.6%. The long-run trend across the full record is volatile.
- Where does this Iran data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.