Iran, Islamic Rep.'s total debt service (% of GNI) was 0.08% in 2024, the latest year in the World Bank's World Development Indicators. That is down 0.03 percentage points from 0.11% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 0.08% | 2024 |
| Five years earlier | 0.1% | 2019 |
| Ten years earlier | 0.11% | 2014 |
| Highest | 5.97% | 1995 |
| Lowest | 0.04% | 2022 |
| Average since 2015 | 0.13% | 2015–2024 |
| First recorded | 1.02% | 1980 |
What the numbers say
In 2024, Iran, Islamic Rep.'s total debt service (% of GNI) fell 0 percentage points on 2023 (from 0.08% to 0.08%).
Across the 30 yearly changes before that (1994 to 2023), the average change was −0.09 percentage points and a typical year strayed about 0.81 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 1.94 percentage points in 1993 and the biggest yearly fall was 3.01 percentage points in 1998. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about 0.02 percentage points a year. A straight line explains 32% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Iran, Islamic Rep. had the 118th highest value of the 117 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. | 0.08% | 2024 |
| Upper middle income | 3.31% | 2024 |
Closest to Iran, Islamic Rep. in the 2024 ranking
- Afghanistan — 114th of 117: 0.38%
- Algeria — 115th of 117: 0.17%
- Somalia, Fed. Rep. — 116th of 117: 0.13%
What this measures
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 45 values
| Year | Total debt service (% of GNI) |
|---|---|
| 2024 | 0.0764 |
| 2023 | 0.079 |
| 2022 | 0.0418 |
| 2021 | 0.0845 |
| 2020 | 0.1168 |
| 2019 | 0.0959 |
| 2018 | 0.0468 |
| 2017 | 0.0959 |
| 2016 | 0.4355 |
| 2015 | 0.1781 |
| 2014 |
Total debt service (% of GNI) in nearby economies
- Afghanistan — 0.38% (2024)
- Algeria — 0.17% (2024)
- Djibouti — 3.27% (2024)
- Egypt, Arab Rep. — 8.86% (2024)
- Iraq — 1.22% (2024)
- Jordan — 7.85% (2024)
- Lebanon — 9.68% (2024)
- Morocco — 5.63% (2024)
- Pakistan — 4.5% (2024)
- Syrian Arab Republic — 0.05% (2022)
- Tunisia — 10.93% (2024)
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 total debt service (% of GNI)?
- 0.08% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is down 0.94 percentage points from 1.02% in 1980. The highest value was 5.97% in 1995 and the lowest 0.04% in 2022.
- How does Iran, Islamic Rep. rank?
- 118th highest of 117 economies with data for 2024.
- Is the latest change in total debt service (% of GNI) unusual for Iran, Islamic Rep.?
- In 2024, Iran, Islamic Rep.'s total debt service (% of GNI) fell 0 percentage points on 2023 (from 0.08% to 0.08%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.09 percentage points and a typical year strayed about 0.81 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DT.TDS.DECT.GN.ZS, licensed CC BY 4.0. Original source: International Debt Statistics, 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in