Manufacturing, value added in Iran

Iran: Manufacturing, value added was 44,316.80 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
44,316.80 trillion current LCU
Change on year
up 26.7%
World rank
1st
of 204 countries
All-time high
44,316.80 trillion current LCU
in 2024
All-time low
27.17 billion current LCU
in 1960
Years of data
65
1960–2024

Manufacturing, value added in Iran, 1960–2024

010,000.0T20,000.0T30,000.0T40,000.0T196019922024

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.

Analysis

Iran recorded 44,316.80 trillion current LCU for manufacturing, value added in 2024. That is the highest value across all 65 years on record.

Compared with earlier readings it is up 26.7% on the previous year and up 2,220.4% over ten years.

Over the whole period, manufacturing, value added in Iran peaked at 44,316.80 trillion current LCU in 2024 and was at its lowest, 27.17 billion current LCU, in 1960.

Iran ranks 1st of 204 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 52.19 billion current LCU 27.17 billion current LCU 92.45 billion current LCU 10
1970s 311.46 billion current LCU 103.28 billion current LCU 523.10 billion current LCU 10
1980s 1.55 trillion current LCU 663.83 billion current LCU 2.97 trillion current LCU 10
1990s 33.07 trillion current LCU 5.51 trillion current LCU 79.13 trillion current LCU 10
2000s 296.99 trillion current LCU 104.51 trillion current LCU 545.25 trillion current LCU 10
2010s 2,151.88 trillion current LCU 643.77 trillion current LCU 5,326.32 trillion current LCU 10
2020s 26,152.94 trillion current LCU 9,994.52 trillion current LCU 44,316.80 trillion current LCU 5

Countries ranked near Iran

  1. 2 Indonesia 4,541.52 trillion current LCU compare
  2. 3 Vietnam 3,151.25 trillion current LCU compare
  3. 4 South Korea 730.46 trillion current LCU compare

See the full ranking of 204 places →

More economy & growth data for Iran

All data for Iran →

Frequently asked questions

What is manufacturing, value added in Iran?
Manufacturing, value added in Iran was 44,316.80 trillion current LCU 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 44,316.80 trillion current LCU in 2024.
What is the lowest manufacturing, value added recorded in Iran?
The lowest recorded value was 27.17 billion current LCU in 1960.
How does Iran rank for manufacturing, value added?
Iran ranks 1st out of 204 countries with data for 2024.
Is manufacturing, value added rising or falling in Iran?
Over the last ten years it is up 2,220.4%. 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 (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Manufacturing, value added (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 8,253 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.