Iran Government Debt: % of GDP

1998 - 2023 | Quarterly | % | CEIC Data

Key information about Iran Government Debt: % of GDP

  • Iran Government debt accounted for 8.3 % of the country's Nominal GDP in Sep 2023, compared with the ratio of 8.4 % in the previous quarter.
  • Iran government debt to GDP ratio data is updated quarterly, available from Mar 1998 to Sep 2023.
  • The data reached an all-time high of 20.2 % in Mar 1999 and a record low of 5.6 % in Sep 2008.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. Government Debt is calculated as a sum of Debt to the Central Bank and Debt to Other Banks. The Central Bank of the Islamic Republic of Iran provides Government Debt in local currency and Nominal GDP in local currency.
  • The country's Nominal GDP reached 429.4 USD bn in Mar 2022.
  • View Iran's Government Debt: % of GDP from Mar 1998 to Sep 2023 in the chart:

    Iran Government Debt: % of GDP

    What was Iran's Government Debt: % of GDP in Sep 2023?

    Iran Government debt accounted for 8.3 % of the country's Nominal GDP in Sep 2023, compared with the ratio of 8.4 % in the previous quarter. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    8.3 Sep 2023 8.4 Jun 2023 5.6 Sep 2008 20.2 Mar 1999 % quarterly Mar 1998 - Sep 2023

    Government Debt: % of GDP by Country Comparison

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    country/region Last Frequency Range
    Albania (%) 61.2 Jun 2023 quarterly Sep 2010 - Jun 2023
    Algeria (%) 62.1 2022 yearly 1997 - 2022
    Argentina (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
    Armenia (%) 50.5 Dec 2023 quarterly Dec 2013 - Dec 2023
    Australia (%) 41.8 2022 yearly 1999 - 2022
    Austria (%) 77.8 Dec 2023 quarterly Mar 2000 - Dec 2023
    Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
    Bahrain (%) 93.6 Dec 2023 quarterly Dec 2007 - Dec 2023
    Bangladesh (%) 23.6 2023 yearly 2010 - 2023
    Belarus (%) 35.9 Mar 2022 quarterly Dec 2003 - Mar 2022
    Belgium (%) 108.0 Sep 2023 quarterly Dec 1980 - Sep 2023
    Bolivia (%) 27.2 2014 yearly 1998 - 2014
    Bosnia and Herzegovina (%) 20.7 2022 yearly 2007 - 2022
    Botswana (%) 17.2 Jun 2023 quarterly Jun 2014 - Jun 2023
    Brazil (%) 74.4 Dec 2023 quarterly Dec 2006 - Dec 2023
    Bulgaria (%) 21.0 Sep 2023 quarterly Mar 2007 - Sep 2023
    Cambodia (%) 33.7 2022 yearly 2013 - 2022
    Canada (%) 67.8 2023 yearly 1962 - 2023
    Chile (%) 39.9 Dec 2023 quarterly Mar 2002 - Dec 2023
    China (%) 22.7 Sep 2023 quarterly Mar 2014 - Sep 2023
    Colombia (%) 59.0 Sep 2023 quarterly Dec 2005 - Sep 2023
    Croatia (%) 67.8 Dec 2022 quarterly Dec 1995 - Dec 2022
    Cyprus (%) 77.4 Dec 2023 quarterly Dec 2010 - Dec 2023
    Czech Republic (%) 44.0 Dec 2023 quarterly Mar 2000 - Dec 2023
    Denmark (%) 29.3 Dec 2023 quarterly Mar 2000 - Dec 2023
    Ecuador (%) 67.0 Dec 2023 quarterly Dec 2005 - Dec 2023
    Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
    Estonia (%) 19.6 Dec 2023 quarterly Mar 2000 - Dec 2023
    European Union (%) 82.4 Sep 2023 quarterly Mar 2000 - Sep 2023
    Finland (%) 75.8 Dec 2023 quarterly Mar 2000 - Dec 2023
    France (%) 1.1 Dec 2023 quarterly Dec 1995 - Dec 2023
    Georgia (%) 39.1 Dec 2023 quarterly Mar 2006 - Dec 2023
    Germany (%) 63.6 Dec 2023 quarterly Mar 2000 - Dec 2023
    Ghana (%) 70.7 2022 yearly 2006 - 2022
    Greece (%) 165.5 Sep 2023 quarterly Dec 1999 - Sep 2023
    Hong Kong SAR, China (%) 50.1 2023 yearly 2003 - 2023
    Hungary (%) 69.5 Dec 2023 quarterly Dec 1990 - Dec 2023
    Iceland (%) 64.8 2023 yearly 1998 - 2023
    India (%) 59.0 Dec 2023 quarterly Mar 2012 - Dec 2023
    Indonesia (%) 39.0 Dec 2023 quarterly Jun 2015 - Dec 2023
    Iran (%) 8.3 Sep 2023 quarterly Mar 1998 - Sep 2023
    Ireland (%) 43.5 Sep 2023 quarterly Mar 2000 - Sep 2023
    Israel (%) 60.3 2023 yearly 1995 - 2023
    Italy (%) 137.3 Dec 2023 quarterly Dec 1995 - Dec 2023
    Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
    Japan (%) 217.3 Dec 2023 quarterly Dec 1994 - Dec 2023
    Jordan (%) 89.2 Sep 2023 quarterly Mar 2002 - Sep 2023
    Kazakhstan (%) 23.1 Sep 2023 quarterly Mar 2005 - Sep 2023
    Kenya (%) 68.3 Mar 2023 quarterly Dec 2009 - Mar 2023
    South Korea (%) 49.9 Sep 2023 quarterly Sep 2002 - Sep 2023
    Kosovo (%) 19.9 2022 yearly 2009 - 2022
    Kuwait (%) 0.4 Sep 2023 quarterly Dec 2010 - Sep 2023
    Kyrgyzstan (%) 45.6 Dec 2023 quarterly Mar 2011 - Dec 2023
    Latvia (%) 39.5 Jun 2023 quarterly Mar 2000 - Jun 2023
    Lebanon (%) 150.6 2020 yearly 1998 - 2020
    Lithuania (%) 38.3 Dec 2023 quarterly Mar 2000 - Dec 2023
    Luxembourg (%) 25.7 Dec 2023 quarterly Dec 1997 - Dec 2023
    North Macedonia (%) 53.1 Dec 2023 quarterly Dec 2009 - Dec 2023
    Malawi (%) 66.0 2014 yearly 2010 - 2014
    Malaysia (%) 64.3 Dec 2023 quarterly Dec 2010 - Dec 2023
    Malta (%) 49.6 Sep 2023 quarterly Dec 2000 - Sep 2023
    Mauritius (%) 69.3 Dec 2023 quarterly Jun 2003 - Dec 2023
    Mexico (%) 49.7 Dec 2023 quarterly Dec 2005 - Dec 2023
    Moldova (%) 34.9 Dec 2023 quarterly Mar 2007 - Dec 2023
    Mongolia (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
    Montenegro (%) 59.7 Sep 2023 quarterly Dec 2010 - Sep 2023
    Morocco (%) 71.6 2022 yearly 1994 - 2022
    Nepal (%) 27.2 2019 yearly 1990 - 2019
    Netherlands (%) 46.5 Dec 2023 quarterly Dec 1999 - Dec 2023
    New Zealand (%) 38.7 Dec 2023 quarterly Dec 2006 - Dec 2023
    Nigeria (%) 39.8 Dec 2023 quarterly Dec 2010 - Dec 2023
    Norway (%) 44.3 2023 yearly 1995 - 2023
    Oman (%) 41.2 2022 yearly 1990 - 2022
    Pakistan (%) 71.6 2022 yearly 2000 - 2022
    Palestinian Territory (%) 72.6 Sep 2023 quarterly Dec 2010 - Sep 2023
    Panama (%) 56.4 Dec 2023 quarterly Dec 2007 - Dec 2023
    Paraguay (%) 34.8 Dec 2023 quarterly Dec 2014 - Dec 2023
    Peru (%) 32.9 Dec 2023 quarterly Mar 1999 - Dec 2023
    Philippines (%) 60.1 Dec 2023 quarterly Mar 1993 - Dec 2023
    Poland (%) 49.8 Dec 2023 quarterly Dec 2002 - Dec 2023
    Portugal (%) 99.0 Dec 2023 quarterly Dec 1995 - Dec 2023
    Qatar (%) 15.0 2012 yearly 2006 - 2012
    Romania (%) 48.7 Dec 2023 quarterly Dec 2011 - Dec 2023
    Russia (%) 14.9 Dec 2023 quarterly Dec 2011 - Dec 2023
    Saudi Arabia (%) 26.2 Dec 2023 quarterly Dec 2016 - Dec 2023
    Serbia (%) 52.0 Dec 2023 quarterly Sep 2004 - Dec 2023
    Singapore (%) 170.8 Dec 2023 quarterly Mar 1990 - Dec 2023
    Slovakia (%) 59.5 Jun 2023 quarterly Mar 2000 - Jun 2023
    Slovenia (%) 69.2 Dec 2023 quarterly Dec 1999 - Dec 2023
    South Africa (%) 73.9 Dec 2023 quarterly Dec 1960 - Dec 2023
    Spain (%) 107.7 Dec 2023 quarterly Mar 1995 - Dec 2023
    Sri Lanka (%) 104.4 Sep 2023 quarterly Mar 2014 - Sep 2023
    Sweden (%) 30.4 Sep 2023 quarterly Mar 1996 - Sep 2023
    Switzerland (%) 23.1 2027 yearly 1990 - 2027
    Taiwan (%) 29.7 2022 yearly 1996 - 2022
    Tajikistan (%) 36.3 2021 yearly 1999 - 2021
    Thailand (%) 54.3 Dec 2023 quarterly Dec 1997 - Dec 2023
    Tunisia (%) 79.7 Dec 2021 monthly Apr 2011 - Dec 2021
    Turkey (%) 29.5 Dec 2023 quarterly Dec 2001 - Dec 2023
    Ukraine (%) 79.4 Dec 2023 quarterly Dec 2010 - Dec 2023

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    Iran Key Series

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    Includes 159 key indicators for Iran, curated by CEIC analysts. Instant access to full history data in excel.
    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) -4.3 Mar 2021 quarterly Mar 2006 - Mar 2021
    Consolidated Fiscal Balance (USD mn) -13,054.478 Mar 2020 quarterly Jun 2005 - Mar 2020
    Tax Revenue (USD mn) 49,233.333 2020 yearly 1996 - 2020
    Tax Revenue: % of GDP (%) 5.1 2020 yearly 1996 - 2020
    Government Debt: % of GDP (%) 8.3 Sep 2023 quarterly Mar 1998 - Sep 2023
    Forecast: Government Expenditure (IRR bn) 88,375,352.640 2029 yearly 1991 - 2029
    Forecast: Government Net Debt (IRR bn) 201,591,565.280 2029 yearly 1997 - 2029
    Forecast: Government Revenue (IRR bn) 49,697,235.080 2029 yearly 1991 - 2029
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) -0.334 2028 yearly 1980 - 2028
    Trade Balance (USD mn) 22,668.0 2021 yearly 1948 - 2021
    Total Exports (USD mn) 71,646.0 2021 yearly 1948 - 2021
    Total Exports Growth (%) 52.7 2021 yearly 1949 - 2021
    Aluminum: Exports (USD th) 960,124.146 2022 yearly 1995 - 2022
    Exports: Medicament (USD th) 74,489.339 2022 yearly 1995 - 2022
    Exports: Medicinal and Pharmaceutical Product (USD th) 118,020.140 2022 yearly 1995 - 2022
    Total Imports (USD mn) 60,308.7 2023 yearly 1979 - 2023
    Total Imports Growth (%) 13.8 2023 yearly 1980 - 2023
    Imports: Medicament (USD th) 983,181.900 2022 yearly 1995 - 2022
    Imports: Medicinal and Pharmaceutical Product (USD th) 737,849.362 2022 yearly 1995 - 2022
    Total Exports to USA (USD mn) 0.581 Dec 2023 monthly Feb 2016 - Dec 2023
    Total Imports from USA (USD mn) 21.856 Dec 2023 monthly May 2001 - Dec 2023
    Total Exports to China (USD mn) 381.980 Nov 2023 monthly Dec 1990 - Nov 2023
    Total Imports from China (USD mn) 1,134.364 Dec 2023 monthly Jan 1981 - Dec 2023
    Exports: Industrial Goods (IG) (USD mn) 34,704.000 2020 yearly 1979 - 2020
    Exports: IG: Plastic Materials and Their Products (USD mn) 4,333.000 2020 yearly 2002 - 2020
    Exports: Iraq (USD mn) 7,448.430 2021 yearly 1995 - 2021
    Exports: Germany (USD mn) 233.060 2021 yearly 1995 - 2021
    Exports: China (USD mn) 9,077.120 2021 yearly 1995 - 2021
    Exports (USD mn) 54,139.404 2023 yearly 1979 - 2023
    Exports: Russia (USD mn) 504.580 2021 yearly 1995 - 2021
    Imports: Foodstuffs and Live Animals (FA) (USD mn) 7,670.380 2021 yearly 1979 - 2021
    Imports: Miscellaneous Finished Products (MF) (USD mn) 1,455.590 2021 yearly 1979 - 2021
    Imports: Mineral Products, Fuels, Industrial Oils and Grease (MP) (USD mn) 487.690 2021 yearly 1979 - 2021
    Imports: Machinery and Transportation Vehicles (MT) (USD mn) 13,616.510 2021 yearly 1979 - 2021
    Imports: Chemicals (USD mn) 6,212.880 2021 yearly 1979 - 2021
    Imports: Natural Gas (Cub m bn) 0.300 2021 yearly 1974 - 2021
    Imports: Germany (USD mn) 1,851.170 2021 yearly 1995 - 2021
    Imports: China (USD mn) 9,843.010 2021 yearly 1995 - 2021
    Imports: Turkey (USD mn) 4,400.090 2021 yearly 1995 - 2021
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 156.0 2018 yearly 1997 - 2018
    Current Account Balance (USD mn) 14,204.8 2023 yearly 1997 - 2023
    Current Account Balance: % of GDP (%) 0.6 2023 yearly 1997 - 2023
    Foreign Direct Investment (USD mn) 838.3 2021 yearly 1997 - 2021
    Foreign Direct Investment: % of GDP (%) 0.1 2021 yearly 1997 - 2021
    Foreign Portfolio Investment (USD mn) 45.600 2021 yearly 1997 - 2021
    Foreign Portfolio Investment: % of GDP (%) 0.0 2020 yearly 1997 - 2020
    External Debt (USD mn) 6,281.7 2023 yearly 1994 - 2023
    External Debt: % of GDP (%) 0.3 2023 yearly 1994 - 2023
    External Debt: Short Term (USD mn) 1,792.1 2023 yearly 1994 - 2023
    External Debt: Short Term: % of GDP (%) 0.1 2023 yearly 1994 - 2023
    Forecast: Current Account Balance (USD bn) 12.060 2028 yearly 1980 - 2028
    BoP: CA: Goods (USD mn) 22,246.787 2023 yearly 1998 - 2023
    BoP: CA: Services (USD mn) -6,691.163 2023 yearly 1998 - 2023
    BoP: CA: Income (USD mn) -1,053.243 2023 yearly 1998 - 2023
    BoP: CA: Income: Credit (USD mn) 1,147.800 2021 yearly 1998 - 2021
    BoP: CA: Income: Debit (USD mn) 1,770.800 2022 yearly 1998 - 2022
    BoP: CA: Current Transfers (USD mn) -297.584 2023 yearly 1998 - 2023
    BoP: CA: Current Transfers: Credit (USD mn) 1,540.830 2022 yearly 1998 - 2022
    BoP: CA: Current Transfers: Debit (USD mn) 387.400 2022 yearly 1998 - 2022
    BoP: CA: CF: Capital Account: Debit (USD mn) -5,888.600 2021 yearly 1998 - 2021
    BoP: CA: CF: Capital Account: Credit (USD mn) 0.000 2021 yearly 1998 - 2021
    BoP: CA: Errors and Omissions (USD mn) 4,897.120 2023 yearly 1998 - 2023
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 7.3 Sep 2023 monthly Jan 2011 - Sep 2023
    Money Supply M1 (USD mn) 438,880.952 Jan 2024 monthly Dec 1999 - Jan 2024
    Money Supply M2 (USD mn) 1,802,833.333 Jan 2024 monthly Dec 1999 - Jan 2024
    M2 Growth (%) 25.4 Jan 2024 monthly Dec 2000 - Jan 2024
    Reserve Requirement Ratio (%) 10.0 Feb 2024 monthly Mar 2008 - Feb 2024
    Total Deposits (USD mn) 1,479.779 2022 yearly 1973 - 2022
    Total Deposits Growth (%) 31.0 2022 yearly 1974 - 2022
    Domestic Credit (USD mn) 276,897.2 Feb 2017 monthly Jan 1964 - Feb 2017
    Domestic Credit Growth (%) 25.8 Feb 2017 monthly Jan 1965 - Feb 2017
    Total Loans (USD mn) 236,845.352 2016 yearly 1967 - 2016
    Total Loans Growth (%) 23.00 2016 yearly 1968 - 2016
    Private Debt: % of Nominal GDP (%) 60.30 2016 yearly 1961 - 2016
    Money Supply: Monetary Base (IRR bn) 10,335,100.000 Jan 2024 monthly Dec 1999 - Jan 2024
    Money Supply: M2: M1 (IRR bn) 18,433,000.000 Jan 2024 monthly Dec 1999 - Jan 2024
    Money Supply: M2: Quasi Money (IRR bn) 57,286,000.000 Jan 2024 monthly Dec 1999 - Jan 2024

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