Iran GDP Trends from 1980 to 2024: A overall increase with some decline Flow

Iran's GDP changed from approximately $95B 846M in 1980 to $464B 181M in 2024, showing an overall 384.3% sharply increased during the period.
The lowest GDP was recorded in 1992 at $50B 472M, and the highest in 2011 at $625B 430M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 3.7%.
For comparison, the average annual growth rate of Saudi Arabia was 4.4%, and that of Turkey was 5.7%.

Overview of Iran's GDP (1980–2024)

The Gross Domestic Product (GDP) of Iran recorded a 384.3% sharply increased from 1980 to 2024.
The average GDP during this period was $289B 7M, and the median was $277B 19M.
GDP fluctuated within a range of $574B 958M, with a standard deviation of $146B 660M.
The average annual change was $6B 214M.


Iran GDP from 1980 to 2024

The total market value of goods and services produced annually in Iran.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1992, $50B 472M
    • Highest GDP: 2011, $625B 430M
    • Most Recent GDP: 2024, $464B 181M

    Notable Annual GDP Changes

    • 1990: Significant increase in GDP
    • 1991: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Iran's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $241B 658M → $195B 528M
    • Outcome: sharply declined

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $360B 928M → $440B 408M
    • Outcome: sharply increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $366B 917M → $330B 978M
    • Outcome: declined

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $184B 138M → $205B
    • Outcome: sharply increased

    Key Economic Indicators of Iran (1980–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 95B 846M
    $ 2,439.40
    $ 5,750.95
    $ 225B 961M
    -21.6 %
    -3.709 %
    50.48 %
    0 %
    39M 291K people
    1981
    $ 101B 481M
    $ 2,485.68
    $ 5,713.24
    $ 233B 249M
    -5.697 %
    -4.264 %
    41.86 %
    0 %
    40M 826K people
    1982
    $ 125B 800M
    $ 2,965.58
    $ 7,191.15
    $ 305B 48M
    23.171 %
    3.906 %
    25.89 %
    0 %
    42M 420K people
    1983
    $ 156B 927M
    $ 3,560.28
    $ 7,989.15
    $ 352B 138M
    11.087 %
    -0.28 %
    35.83 %
    0 %
    44M 77K people
    1984
    $ 161B 721M
    $ 3,531.17
    $ 7,397.66
    $ 338B 798M
    -7.14 %
    -0.592 %
    31.84 %
    0 %
    45M 798K people
    1985
    $ 180B 541M
    $ 3,793.91
    $ 7,481.86
    $ 356B 39M
    1.868 %
    -0.519 %
    22.28 %
    0 %
    47M 587K people
    1986
    $ 208B 928M
    $ 4,225.46
    $ 6,626.92
    $ 327B 668M
    -9.785 %
    -2.713 %
    20.28 %
    0 %
    49M 445K people
    1987
    $ 277B 19M
    $ 5,467.98
    $ 6,616.59
    $ 335B 210M
    -0.172 %
    -0.974 %
    18.61 %
    0 %
    50M 662K people
    1988
    $ 311B 932M
    $ 6,009.20
    $ 6,278.77
    $ 325B 925M
    -6.082 %
    -0.68 %
    15.26 %
    0 %
    51M 909K people
    1989
    $ 379B 427M
    $ 7,133.82
    $ 6,758.71
    $ 359B 475M
    6.132 %
    -0.783 %
    22.85 %
    0 %
    53M 187K people
    1990
    $ 581B 8M
    $ 10,661.48
    $ 7,773.56
    $ 423B 628M
    13.595 %
    -0.465 %
    34.70 %
    0 %
    54M 496K people
    1991
    $ 304B 65M
    $ 5,445.57
    $ 8,840.87
    $ 493B 648M
    12.716 %
    -3.683 %
    44.11 %
    0 %
    55M 837K people
    1992
    $ 50B 472M
    $ 890.84
    $ 9,205.55
    $ 521B 549M
    3.298 %
    -14.464 %
    44.41 %
    0 %
    56M 656K people
    1993
    $ 64B 449M
    $ 1,121.08
    $ 9,150.72
    $ 526B 56M
    -1.471 %
    -6.517 %
    31.27 %
    0 %
    57M 488K people
    1994
    $ 79B 818M
    $ 1,368.37
    $ 9,054.63
    $ 528B 164M
    -1.698 %
    6.264 %
    22.94 %
    0 %
    58M 331K people
    1995
    $ 114B 941M
    $ 1,941.99
    $ 9,329.50
    $ 552B 185M
    2.401 %
    2.922 %
    34.65 %
    0 %
    59M 187K people
    1996
    $ 158B 32M
    $ 2,631.46
    $ 9,957.61
    $ 598B 4M
    6.351 %
    3.311 %
    40.26 %
    0 %
    60M 55K people
    1997
    $ 184B 138M
    $ 3,018.96
    $ 10,108.05
    $ 616B 531M
    1.35 %
    1.202 %
    36.89 %
    0 %
    60M 994K people
    1998
    $ 205B
    $ 3,314.91
    $ 10,291.20
    $ 636B 428M
    2.08 %
    -1.044 %
    33.30 %
    0 %
    61M 842K people
    1999
    $ 275B 92M
    $ 4,400.62
    $ 10,531.74
    $ 658B 360M
    2.003 %
    2.395 %
    36.17 %
    0 %
    62M 512K people