Manufacturing, value added in Iran

Iran: Manufacturing, value added was 97.86 billion current US$ in 2024. ◆ Volatile

Latest (2024)
97.86 billion current US$
Change on year
down 1.1%
World rank
27th
of 205 countries
All-time high
105.47 billion current US$
in 2012
All-time low
358.71 million current US$
in 1960
Years of data
65
1960–2024

Manufacturing, value added in Iran, 1960–2024

025.0B50.0B75.0B100.0B196019922024

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

Analysis

Iran recorded 97.86 billion current US$ for manufacturing, value added in 2024.

The figure is down 1.1% on the previous year and up 35.8% over ten years.

Over the whole period, manufacturing, value added in Iran peaked at 105.47 billion current US$ in 2012 and was at its lowest, 358.71 million current US$, in 1960.

That places Iran 27th out of 205 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

Annual values for Manufacturing, value added (current US$) in Iran, 1960 to 2024.
Year current US$ Change
1960 358.71 million current US$
1961 394.44 million current US$ +10.0%
1962 467.32 million current US$ +18.5%
1963 511.63 million current US$ +9.5%
1964 570.22 million current US$ +11.5%
1965 670.26 million current US$ +17.5%
1966 768.87 million current US$ +14.7%
1967 893.21 million current US$ +16.2%
1968 1.03 billion current US$ +15.8%
1969 1.22 billion current US$ +18.0%
1970 1.36 billion current US$ +11.7%
1971 1.64 billion current US$ +20.0%
1972 2.01 billion current US$ +22.7%
1973 2.98 billion current US$ +48.2%
1974 4.04 billion current US$ +35.7%
1975 4.72 billion current US$ +16.9%
1976 6.41 billion current US$ +35.8%
1977 7.41 billion current US$ +15.7%
1978 6.88 billion current US$ -7.1%
1979 6.75 billion current US$ -2.0%
1980 9.27 billion current US$ +37.4%
1981 10.62 billion current US$ +14.5%
1982 12.78 billion current US$ +20.3%
1983 14.17 billion current US$ +10.9%
1984 15.36 billion current US$ +8.4%
1985 15.99 billion current US$ +4.1%
1986 19.15 billion current US$ +19.8%
1987 13.72 billion current US$ -28.3%
1988 13.92 billion current US$ +1.4%
1989 13.15 billion current US$ -5.5%
1990 18.11 billion current US$ +37.7%
1991 21.00 billion current US$ +15.9%
1992 19.24 billion current US$ -8.4%
1993 8.65 billion current US$ -55.1%
1994 11.14 billion current US$ +28.9%
1995 14.79 billion current US$ +32.8%
1996 19.87 billion current US$ +34.3%
1997 19.86 billion current US$ -0.1%
1998 18.63 billion current US$ -6.2%
1999 18.97 billion current US$ +1.8%
2000 18.24 billion current US$ -3.9%
2001 21.76 billion current US$ +19.3%
2002 19.42 billion current US$ -10.7%
2003 22.47 billion current US$ +15.7%
2004 29.48 billion current US$ +31.2%
2005 33.84 billion current US$ +14.8%
2006 39.93 billion current US$ +18.0%
2007 45.14 billion current US$ +13.1%
2008 52.66 billion current US$ +16.7%
2009 54.96 billion current US$ +4.4%
2010 62.27 billion current US$ +13.3%
2011 86.76 billion current US$ +39.3%
2012 105.47 billion current US$ +21.6%
2013 78.71 billion current US$ -25.4%
2014 72.05 billion current US$ -8.5%
2015 55.04 billion current US$ -23.6%
2016 63.75 billion current US$ +15.8%
2017 72.12 billion current US$ +13.1%
2018 66.86 billion current US$ -7.3%
2019 64.92 billion current US$ -2.9%
2020 64.24 billion current US$ -1.0%
2021 95.49 billion current US$ +48.6%
2022 93.94 billion current US$ -1.6%
2023 98.92 billion current US$ +5.3%
2024 97.86 billion current US$ -1.1%

Iran compared with similar countries

  • Iran's 97.86 billion current US$ is above the median for upper middle income countries, which is 4.09 billion current US$, 24.0× the median. (59 countries reporting)
  • Iran's 97.86 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 10.70 billion current US$, 9.1× the median. (21 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 688.98 million current US$ 358.71 million current US$ 1.22 billion current US$ 10
1970s 4.42 billion current US$ 1.36 billion current US$ 7.41 billion current US$ 10
1980s 13.81 billion current US$ 9.27 billion current US$ 19.15 billion current US$ 10
1990s 17.03 billion current US$ 8.65 billion current US$ 21.00 billion current US$ 10
2000s 33.79 billion current US$ 18.24 billion current US$ 54.96 billion current US$ 10
2010s 72.79 billion current US$ 55.04 billion current US$ 105.47 billion current US$ 10
2020s 90.09 billion current US$ 64.24 billion current US$ 98.92 billion current US$ 5

Countries ranked near Iran

  1. 24 Singapore 105.25 billion current US$ compare
  2. 25 Malaysia 104.33 billion current US$ compare
  3. 26 Bangladesh 102.40 billion current US$ compare
  4. 28 Australia 95.63 billion current US$ compare
  5. 29 Argentina 92.79 billion current US$ compare
  6. 30 Austria 88.24 billion current US$ compare

See the full ranking of 253 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 97.86 billion current 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 105.47 billion current US$ in 2012.
What is the lowest manufacturing, value added recorded in Iran?
The lowest recorded value was 358.71 million current US$ in 1960.
How does Iran rank for manufacturing, value added?
Iran ranks 27th out of 205 countries with data for 2024.
Is manufacturing, value added rising or falling in Iran?
Over the last ten years it is up 35.8%. 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 US$). Statizoid updates them automatically from the source API.

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Manufacturing, value added in Iran. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-current-us/iran-islamic-rep/

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About this data

Indicator
Manufacturing, value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 10,085 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 indicator is expressed in United States dollars.