Iran, Islamic Rep.'s gross Value Added (GVA) at basic prices (current US$) was US$352.99 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 11.47% from US$398.75 billion in 2015 (1.21% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$352.99 billion | 2025 |
| Five years earlier | US$274.51 billion | 2020 |
| Ten years earlier | US$398.75 billion | 2015 |
| Highest | US$639.64 billion | 2012 |
| Lowest | US$3.96 billion | 1960 |
| Average since 2016 | US$403.37 billion | 2016–2025 |
| First recorded | US$3.96 billion |
What the numbers say
In 2025, Iran, Islamic Rep.'s gross Value Added (GVA) at basic prices (current US$) fell 23.2% on 2024 (from US$459.37 billion to US$352.99 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +7.7% and a typical year strayed about 17.1% from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 75.2% in 1974 and the biggest yearly fall was 45.3% in 1993. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 3% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Iran, Islamic Rep. had the 38th highest value of the 158 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Iran, Islamic Rep. | US$352.99 billion | 2025 |
| World | US$97.78 trillion | 2024 |
Closest to Iran, Islamic Rep. in the 2025 ranking
- South Africa — 34th of 158: US$384.4 billion
- Pakistan — 35th of 158: US$382.92 billion
- Czechia — 36th of 158: US$357.62 billion
- Egypt, Arab Rep. — 38th of 158: US$350.36 billion
- Chile — 39th of 158: US$323.03 billion
- Portugal — 40th of 158: US$300.76 billion
What this measures
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 66 values
| Year | Gross Value Added (GVA) at basic prices (current US$) |
|---|---|
| 2025 | 352,994,885,291 |
| 2024 | 459,367,061,573 |
| 2023 | 444,498,642,752 |
| 2022 | 411,059,008,588 |
| 2021 | 397,583,957,618 |
| 2020 | 274,507,713,782 |
| 2019 | 337,260,129,739 |
| 2018 | 398,968,737,875 |
| 2017 | 494,170,212,225 |
| 2016 | 463,332,866,737 |
Gross Value Added (GVA) at basic prices (current US$) in nearby economies
- Afghanistan — US$16.71 billion (2024)
- Algeria — US$272.66 billion (2025)
- Bahrain — US$46.9 billion (2025)
- Djibouti — US$4.37 billion (2025)
- Egypt, Arab Rep. — US$350.36 billion (2025)
- Iraq — US$254.37 billion (2025)
- Israel — US$495.42 billion (2024)
- Jordan — US$55.26 billion (2025)
- Kuwait — US$169 billion (2025)
- Lebanon
More economic policy & debt data for Iran, Islamic Rep.
- General government final consumption expenditure (current US$) — US$48.21 billion (2025)
- General government final consumption expenditure (current LCU) — 35,797.6 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$68.4 billion (2025)
- General government final consumption expenditure (constant LCU) — 10,151.5 trillion (2025)
- General government final consumption expenditure (% of GDP) — 13.29% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$194.65 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 144,548 trillion (2025)
Reading data like this
Questions people ask
- What is Iran, Islamic Rep.'s gross Value Added (GVA) at basic prices (current US$)?
- US$352.99 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 8,817% from US$3.96 billion in 1960 (7.15% a year on average, compounded). The highest value was US$639.64 billion in 2012 and the lowest US$3.96 billion in 1960.
- How does Iran, Islamic Rep. rank?
- 38th highest of 158 economies with data for 2025.
- Is the latest change in gross Value Added (GVA) at basic prices (current US$) unusual for Iran, Islamic Rep.?
- In 2025, Iran, Islamic Rep.'s gross Value Added (GVA) at basic prices (current US$) fell 23.2% on 2024 (from US$459.37 billion to US$352.99 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +7.7% and a typical year strayed about 17.1% from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.GDP.FCST.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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