Iran Current Account Balance: % of GDP

Key information about Iran Current Account Balance: % of GDP

• Iran Current Account surplus accounted for 0.6 % of the country's Nominal GDP in Mar 2023, compared with a 0.7 % surplus in the previous year.
• Iran Current Account Balance: % of Nominal GDP data is updated yearly, available from Mar 1997 to Mar 2023, with an average value of 2.6 %.
• The data reached an all-time high of 9.4 % in Mar 2012 and a record low of -1.9 % in Mar 1999.

CEIC calculates Current Account Balance as % of Nominal GDP from annual Current Account Balance and annual Nominal GDP. The Central Bank of the Islamic Republic of Iran provides Current Account Balance in USD based on BPM5 and Nominal GDP in local currency. The Central Bank of the Islamic Republic of Iran average market exchange rate is used for currency conversions. Current Account Balance prior to 1998 is based on BPM4. Current Account Balance as % of Nominal GDP is in annual frequency, ending in March of each year.


Key information about Iran Current Account Balance: % of GDP

• In the latest reports of Iran, Current Account recorded a surplus of 14.2 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) increased by 838.3 USD mn in Dec 2021.
• Iran Direct Investment Abroad expanded by 156.0 USD mn in Dec 2018.
• Its Foreign Portfolio Investment increased by 45.6 USD mn in Dec 2021.
• The country's Nominal GDP was reported at 429.4 USD bn in Mar 2022.

View Iran's Current Account Balance: % of GDP from 1997 to 2023 in the chart:

What was Iran's Current Account Balance: % of GDP in 2023?

Iran Current Account surplus accounted for 0.6 % of the country's Nominal GDP in Mar 2023, compared with a 0.7 % surplus in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
0.6 2023	0.7 2022	-1.9 1999	9.4 2012	%	yearly	1997 - 2023

Current Account Balance: % of GDP by Country Comparison

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