Iran Real GDP Growth
The Gross Domestic Product (GDP) in Iran contracted 6.8 % YoY in Mar 2020, following a growth of 1.8 % in the previous quarter. Real GDP Growth YoY data in Iran is updated quarterly, available from Jun 1989 to Mar 2020, 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 2011-2012 prices. Real GDP Growth prior to Q2 2005 is calculated from Real GDP at 1997-1998 prices.
In the latest reports, Nominal GDP of Iran reached 144.7 USD bn in Mar 2020. Its GDP deflator (implicit price deflator) increased 34.1 % in Mar 2020. GDP Per Capita in Iran reached 5,494.1 USD in Mar 2018. Its Gross Savings Rate was measured at 33.5 % in Mar 2020.
View Iran's Real GDP Growth from Jun 1989 to Mar 2020 in the chart:
What was Iran's Real GDP Growth in Mar 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -6.8 Mar 2020 | 1.8 Dec 2019 | -16.0 Sep 2008 | 22.7 Jun 1992 | % | quarterly | Jun 1989 - Mar 2020 |
Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -11.0 Jun 2020 | quarterly | Mar 2010 - Jun 2020 |
| Algeria (%) | -3.9 Mar 2020 | quarterly | Mar 2012 - Mar 2020 |
| Argentina (%) | -19.8 Jun 2020 | quarterly | Mar 2005 - Jun 2020 |
| Armenia (%) | -9.1 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Australia (%) | -6.3 Jun 2020 | quarterly | Sep 1960 - Jun 2020 |
| Austria (%) | -14.5 Jun 2020 | quarterly | Mar 1989 - Jun 2020 |
| Azerbaijan (%) | 0.2 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (%) | -8.9 Jun 2020 | quarterly | Mar 2009 - Jun 2020 |
| Bangladesh (%) | 5.2 2020 | yearly | 2007 - 2020 |
| Belarus (%) | -3.3 Jun 2020 | quarterly | Mar 2006 - Jun 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.4 Sep 2018 | quarterly | Mar 2006 - Sep 2018 |
| Consolidated Fiscal Balance (USD mn) | -7,959.678 Sep 2018 | quarterly | Jun 2005 - Sep 2018 |
| Tax Revenue (USD mn) | 33,686.158 2017 | yearly | 1996 - 2017 |
| Tax Revenue: % of GDP (%) | 7.6 2017 | yearly | 1996 - 2017 |
| Government Debt: % of GDP (%) | 15.1 Mar 2020 | quarterly | Mar 1998 - Mar 2020 |
| Forecast: Government Expenditure (IRR bn) | 22,258,118.643 2025 | yearly | 1990 - 2025 |
| Forecast: Government Net Debt (IRR bn) | 41,082,147.225 2025 | yearly | 1996 - 2025 |
| Forecast: Government Revenue (IRR bn) | 13,439,992.580 2025 | yearly | 1990 - 2025 |
| Govt Revenues excl Special Rev: Tax: on Goods & Services: Value Added (IRR bn) | 269,400.000 2018 | yearly | 2009 - 2018 |
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