Iran Real GDP Growth

1989 - 2022 | Quarterly | % | CEIC Data

Key information about Iran Real GDP Growth

  • The Gross Domestic Product (GDP) in Iran expanded 5.0 % YoY in Mar 2022, following a growth of 6.7 % in the previous quarter.
  • Real GDP Growth YoY data in Iran is updated quarterly, available from Jun 1989 to Mar 2022, with an average rate of 3.9 %.
  • The data reached an all-time high of 22.7 % in Jun 1992 and a record low of -16.0 % in Sep 2008.
CEIC calculates Real GDP Growth from quarterly Real GDP. The Central Bank of the Islamic Republic of Iran provides Real GDP in local currency, at 2016-2017 prices. Real GDP Growth prior to Q1 2020 is calculated from Real GDP at 2011-2012 prices. Real GDP Growth prior to Q2 2005 is calculated from Real GDP at 1997-1998 prices.


Related information about Iran Real GDP Growth

  • In the latest reports, Nominal GDP of Iran reached 429.4 USD bn in Mar 2022.
  • Its GDP deflator (implicit price deflator) increased 51.5 % in Mar 2022.
  • GDP Per Capita in Iran reached 11,557.0 USD in Mar 2021.
  • Its Gross Savings Rate was measured at 36.8 % in Mar 2022.
  • For Nominal GDP contributions, Investment accounted for 32.9 % in Mar 2022.
  • Public Consumption accounted for 18.0 % in Mar 2022.
  • Private Consumption accounted for 45.2 % in Mar 2022.

View Iran's Real GDP Growth from Jun 1989 to Mar 2022 in the chart:

Iran Real GDP Growth

What was Iran's Real GDP Growth in Mar 2022?

The Gross Domestic Product (GDP) in Iran expanded 5.0 % YoY in Mar 2022, following a growth of 6.7 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
5.0 Mar 2022 6.7 Dec 2021 -16.0 Sep 2008 22.7 Jun 1992 % quarterly Jun 1989 - Mar 2022

Real GDP Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 4.7 Dec 2022 quarterly Mar 2010 - Dec 2022
Algeria (%) 2.0 Sep 2024 quarterly Mar 2000 - Sep 2024
Argentina (%) 1.2 Mar 2023 quarterly Mar 2005 - Mar 2023
Armenia (%) 12.1 Mar 2023 quarterly Mar 2001 - Mar 2023
Australia (%) 2.7 Dec 2022 quarterly Sep 1960 - Dec 2022
Austria (%) 1.8 Mar 2023 quarterly Mar 1989 - Mar 2023
Azerbaijan (%) 4.9 Sep 2024 quarterly Mar 2001 - Sep 2024
Bahrain (%) 2.1 Sep 2024 quarterly Mar 2009 - Sep 2024
Bangladesh (%) 7.1 2022 yearly 2007 - 2022
Belarus (%) -2.0 Mar 2023 quarterly Mar 2006 - Mar 2023
Belgium (%) 1.9 Sep 2022 quarterly Mar 1996 - Sep 2022
Bolivia (%) 4.3 Jun 2022 quarterly Mar 1991 - Jun 2022
Bosnia and Herzegovina (%) 2.6 Sep 2022 quarterly Mar 2009 - Sep 2022
Botswana (%) 6.3 Sep 2022 quarterly Mar 1995 - Sep 2022
Brazil (%) 3.4 Mar 2023 quarterly Mar 1997 - Mar 2023
Brunei (%) 0.9 Sep 2022 quarterly Mar 2005 - Sep 2022
Bulgaria (%) 2.3 Dec 2022 quarterly Mar 1996 - Dec 2022
Cambodia (%) 5.3 2022 yearly 1994 - 2022
Canada (%) 2.1 Dec 2022 quarterly Mar 1962 - Dec 2022
Chile (%) -0.1 Sep 2022 quarterly Mar 1987 - Sep 2022
China (%) 4.5 Mar 2023 quarterly Mar 1992 - Mar 2023
Colombia (%) 2.9 Dec 2022 quarterly Mar 2001 - Dec 2022
Croatia (%) 4.0 Dec 2022 quarterly Mar 1996 - Dec 2022
Cyprus (%) 3.4 Mar 2023 quarterly Mar 1996 - Mar 2023
Czech Republic (%) 0.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Denmark (%) 1.5 Dec 2022 quarterly Mar 1992 - Dec 2022
Ecuador (%) 3.2 Sep 2022 quarterly Mar 1994 - Sep 2022
Egypt (%) 4.4 Sep 2022 quarterly Sep 2002 - Sep 2022
Estonia (%) -4.4 Dec 2022 quarterly Mar 1996 - Dec 2022
European Union (%) 1.3 Mar 2023 quarterly Mar 1996 - Mar 2023
Finland (%) -0.3 Mar 2023 quarterly Mar 1976 - Mar 2023
France (%) 0.9 Mar 2023 quarterly Mar 1950 - Mar 2023
Georgia (%) 9.7 Dec 2022 quarterly Mar 1998 - Dec 2022
Germany (%) -0.5 Mar 2023 quarterly Mar 1992 - Mar 2023
Ghana (%) 0.9 Dec 2024 quarterly Jun 2006 - Dec 2024
Greece (%) 5.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Hong Kong SAR, China (%) 2.8 Mar 2023 quarterly Mar 1991 - Mar 2023
Hungary (%) 0.8 Dec 2022 quarterly Mar 1996 - Dec 2022
Iceland (%) 6.1 Mar 2023 quarterly Mar 1996 - Mar 2023
India (%) 4.4 Dec 2022 quarterly Jun 2005 - Dec 2022
Indonesia (%) 5.0 Dec 2022 quarterly Mar 1994 - Dec 2022
Iran (%) 5.0 Mar 2022 quarterly Jun 1989 - Mar 2022
Ireland (%) -0.3 Mar 2023 quarterly Mar 1996 - Mar 2023
Israel (%) 2.5 Dec 2022 quarterly Mar 1996 - Dec 2022
Italy (%) 1.4 Dec 2022 quarterly Mar 1982 - Dec 2022
Ivory Coast (%) 6.8 2022 yearly 1966 - 2022
Japan (%) 0.4 Dec 2022 quarterly Mar 1956 - Dec 2022
Jordan (%) 2.8 Mar 2023 quarterly Mar 1993 - Mar 2023
Kazakhstan (%) 3.4 Mar 2023 quarterly Mar 2006 - Mar 2023
Kenya (%) 5.2 Sep 2022 quarterly Mar 2010 - Sep 2022
South Korea (%) 1.3 Dec 2022 quarterly Mar 1961 - Dec 2022
Kosovo (%) 4.0 Sep 2024 quarterly Mar 2011 - Sep 2024
Kuwait (%) -2.2 Sep 2024 quarterly Jun 2010 - Sep 2024
Kyrgyzstan (%) 7.0 Dec 2022 quarterly Mar 2007 - Dec 2022
Laos (%) 3.5 2021 yearly 2003 - 2021
Latvia (%) 0.4 Mar 2023 quarterly Mar 1996 - Mar 2023
Lebanon (%) 2.0 2021 yearly 2012 - 2021
Lithuania (%) -0.4 Dec 2022 quarterly Jun 1995 - Dec 2022
Luxembourg (%) -2.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Macau SAR, China (%) -23.4 Dec 2022 quarterly Mar 2002 - Dec 2022
North Macedonia (%) 0.6 Dec 2022 quarterly Mar 2001 - Dec 2022
Malawi (%) 4.0 2018 yearly 2003 - 2018
Malaysia (%) 7.0 Dec 2022 quarterly Mar 2001 - Dec 2022
Malta (%) 4.6 Mar 2024 quarterly Mar 2001 - Mar 2024
Mauritius (%) 7.4 Sep 2022 quarterly Mar 2001 - Sep 2022
Mexico (%) 3.7 Dec 2022 quarterly Mar 1981 - Dec 2022
Moldova (%) -10.3 Sep 2022 quarterly Mar 1996 - Sep 2022
Mongolia (%) 7.7 Dec 2022 quarterly Mar 2011 - Dec 2022
Montenegro (%) 2.9 Dec 2024 quarterly Mar 2011 - Dec 2024
Morocco (%) 0.5 Dec 2022 quarterly Mar 2008 - Dec 2022
Mozambique (%) 2.0 Dec 2018 quarterly Jun 2007 - Dec 2018
Myanmar (%) 3.3 2023 yearly 2011 - 2023
Nepal (%) 0.2 Sep 2024 quarterly Dec 2004 - Sep 2024
Netherlands (%) 2.1 Mar 2023 quarterly Mar 1997 - Mar 2023
New Zealand (%) 1.8 Mar 2023 quarterly Jun 1983 - Mar 2023
Nigeria (%) 2.3 Mar 2023 quarterly Mar 2011 - Mar 2023
Norway (%) 1.8 Dec 2022 quarterly Mar 1979 - Dec 2022
Oman (%) 3.1 2021 yearly 1999 - 2021
Pakistan (%) 1.7 2023 yearly 2001 - 2023
Palestinian Territory (%) 3.5 Sep 2024 quarterly Jun 2000 - Sep 2024
Panama (%) 9.5 Sep 2022 quarterly Mar 2008 - Sep 2022
Paraguay (%) 5.2 Mar 2023 quarterly Mar 1995 - Mar 2023
Peru (%) -0.4 Mar 2023 quarterly Mar 1981 - Mar 2023
Philippines (%) 7.1 Dec 2022 quarterly Mar 1999 - Dec 2022
Poland (%) 0.4 Dec 2022 quarterly Mar 1996 - Dec 2022
Portugal (%) 1.8 Jun 2019 quarterly Mar 1996 - Jun 2019
Qatar (%) 2.0 Sep 2024 quarterly Mar 2012 - Sep 2024
Romania (%) 2.9 Mar 2023 quarterly Mar 1996 - Mar 2023
Russia (%) -2.6 Mar 2023 quarterly Mar 1996 - Mar 2023
Saudi Arabia (%) -3.7 Dec 2023 quarterly Mar 2011 - Dec 2023
Serbia (%) 4.5 Sep 2019 quarterly Mar 1997 - Sep 2019
Singapore (%) 0.4 Mar 2023 quarterly Mar 1976 - Mar 2023
Slovakia (%) 1.2 Dec 2022 quarterly Mar 1994 - Dec 2022
Slovenia (%) 1.1 Dec 2024 quarterly Mar 1996 - Dec 2024
South Africa (%) 1.3 Dec 2022 quarterly Mar 1961 - Dec 2022
Spain (%) 2.7 Dec 2022 quarterly Mar 1996 - Dec 2022
Sri Lanka (%) -12.4 Dec 2022 quarterly Mar 2011 - Dec 2022
Sudan (%) -1.9 2021 yearly 1983 - 2021
Sweden (%) -0.1 Dec 2022 quarterly Mar 1982 - Dec 2022
Switzerland (%) 0.7 Mar 2023 quarterly Mar 1966 - Mar 2023

Iran Key Series

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) 126,521.429 2022 yearly 1996 - 2022
Tax Revenue: % of GDP (%) 4.2 2022 yearly 1996 - 2022
Government Debt: % of GDP (%) 7.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Forecast: Government Expenditure (IRR bn) 102,170,609.775 2030 yearly 1991 - 2030
Forecast: Government Net Debt (IRR bn) 254,852,164.063 2030 yearly 1997 - 2030
Forecast: Government Revenue (IRR bn) 85,465,973.079 2030 yearly 1991 - 2030
Govt Revenues excl Special Rev: Tax: on Goods & Services: Value Added (IRR bn) 1,215,300.000 2023 yearly 2009 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -0.334 2028 yearly 1980 - 2028
Trade Balance (USD mn) 31,327.0 2023 yearly 1948 - 2023
Total Exports (USD mn) 97,358.0 2023 yearly 1948 - 2023
Total Exports Growth (%) -0.5 2023 yearly 1949 - 2023
Aluminum: Exports (USD th) 965,315.701 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 127,665.499 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 175,185.206 2023 yearly 1995 - 2023
Total Imports (USD mn) 60,308.7 2023 yearly 1979 - 2023
Total Imports Growth (%) 13.8 2023 yearly 1980 - 2023
Imports: Medicament (USD th) 954,511.662 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 1,369,188.228 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 0.485 Oct 2024 monthly Feb 2016 - Oct 2024
Total Imports from USA (USD mn) 16.137 Nov 2024 monthly May 2001 - Nov 2024
Total Exports to China (USD mn) 374.148 Nov 2024 monthly Dec 1990 - Nov 2024
Total Imports from China (USD mn) 1,080.989 Nov 2024 monthly Jan 1981 - Nov 2024
Exports (USD mn) 54,139.404 2023 yearly 1979 - 2023
Exports: Industrial Goods (IG) (USD mn) 48,153.000 2023 yearly 1979 - 2023
Exports: IG: Plastic Materials and Their Products (USD mn) 5,441.000 2023 yearly 2002 - 2023
Exports: China (USD mn) 14,733.093 2023 yearly 1995 - 2023
Exports: Iraq (USD mn) 10,282.049 2023 yearly 1995 - 2023
Exports: United Arab Emirates (USD mn) 6,203.283 2023 yearly 1995 - 2023
Exports: Russia (USD mn) 751.406 2023 yearly 1995 - 2023
Exports: Germany (USD mn) 160.754 2023 yearly 1995 - 2023
Imports: Machinery and Transportation Vehicles (MT) (USD mn) 21,336.362 2023 yearly 1979 - 2023
Imports: Mineral Products, Fuels, Industrial Oils and Grease (MP) (USD mn) 1,199.467 2023 yearly 1979 - 2023
Imports: Chemicals (USD mn) 8,293.950 2023 yearly 1979 - 2023
Imports: Foodstuffs and Live Animals (FA) (USD mn) 12,739.158 2023 yearly 1979 - 2023
Imports: Miscellaneous Finished Products (MF) (USD mn) 1,999.762 2023 yearly 1979 - 2023
Imports: Natural Gas (Cub m bn) 0.300 2021 yearly 1974 - 2021
Imports: Turkey (USD mn) 6,136.800 2023 yearly 1995 - 2023
Imports: Russia (USD mn) 1,581.841 2023 yearly 1995 - 2023
Imports: United Arab Emirates (USD mn) 18,542.087 2023 yearly 1995 - 2023
Imports: Germany (USD mn) 2,023.231 2023 yearly 1995 - 2023
Imports: China (USD mn) 15,830.236 2023 yearly 1995 - 2023
Import Value Index (2015=100) 108.993 2021 yearly 1980 - 2021
Export Value Index (2015=100) 101.950 2021 yearly 1980 - 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 2021 yearly 1997 - 2021
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) 17.997 2029 yearly 1980 - 2029
BoP: CA: Income: Credit (USD mn) 1,414.429 2023 yearly 1998 - 2023
BoP: CA: Services (USD mn) -6,691.163 2023 yearly 1998 - 2023
BoP: CA: CF: Capital Account: Credit (USD mn) 0.000 2023 yearly 1998 - 2023
BoP: CA: Current Transfers (USD mn) -297.584 2023 yearly 1998 - 2023
BoP: CA: Income (USD mn) -1,053.243 2023 yearly 1998 - 2023
BoP: CA: Income: Debit (USD mn) 2,467.672 2023 yearly 1998 - 2023
BoP: CA: Goods (USD mn) 22,246.787 2023 yearly 1998 - 2023
BoP: CA: Current Transfers: Credit (USD mn) 808.720 2023 yearly 1998 - 2023
BoP: CA: Errors and Omissions (USD mn) 4,897.074 2023 yearly 1998 - 2023
BoP: CA: CF: Capital Account: Debit (USD mn) -6,062.991 2023 yearly 1998 - 2023
BoP: CA: Current Transfers: Debit (USD mn) 1,106.304 2023 yearly 1998 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 8.3 Dec 2023 monthly Jan 2011 - Dec 2023
Money Supply M1 (USD mn) 43,149.099 Feb 2025 monthly Dec 1999 - Feb 2025
Money Supply M2 (USD mn) 171,102.736 Feb 2025 monthly Dec 1999 - Feb 2025
M2 Growth (%) 27.8 Feb 2025 monthly Dec 2000 - Feb 2025
Reserve Requirement Ratio (%) 10.0 May 2024 monthly Mar 2008 - May 2024
Total Deposits (USD mn) 422,314.955 2023 yearly 1973 - 2023
Total Deposits Growth (%) 17.3 2023 yearly 1974 - 2023
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) 12,729,400.000 Feb 2025 monthly Dec 1999 - Feb 2025
Money Supply: M2: M1 (IRR bn) 25,072,000.000 Feb 2025 monthly Dec 1999 - Feb 2025
Money Supply: M2: Quasi Money (IRR bn) 74,348,100.000 Feb 2025 monthly Dec 1999 - Feb 2025

More Indicators for Iran

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