Iran GDP

The Gross Domestic Product (GDP) in Iran was worth 548.89 billion US dollars in 2012. The GDP value of Iran represents 0.89 percent of the world economy. GDP in Iran is reported by the World Bank. From 1965 until 2012, Iran GDP averaged 133.2 USD Billion reaching an all time high of 548.9 USD Billion in December of 2012 and a record low of 6.2 USD Billion in December of 1965. The biggest sector of Iran´s economy are services, which account for 51 percent of GDP. With services the most important segments are: real estate and specialized and professional services (14 percent of total GDP); trade restaurants and hotels (12 percent) and public services (10 percent). Oil production constitutes 23 percent of the wealth. Manufacturing and mining contribute for 13 percent of the output and agriculture for 10 percent. The last big component of the GDP is construction and electricity, gas and water distribution, which account for 7 percent of total output. This page provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
548.89 514.06 548.89 6.15 628.87 | 2014/06 1965 - 2012 USD Billion Yearly

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Iran GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 548.89 2012-12-31 514.06 548.89 6.15 628.87 2014-06-30 USD Billion [+]
GDP Annual Growth Rate -5.50 2013-03-31 -7.20 23.01 -12.54 -8.58 2013-06-30 Percent [+]
GDP per capita 3104.61 2009-12-31 3086.74 3316.31 1396.03 3182.13 2014-06-30 USD [+]
GDP per capita PPP 10404.54 2009-12-31 10344.64 10404.54 5293.06 10664.34 2014-06-30 USD [+]
Gdp Constant Prices 122114.00 2012-11-15 127637.00 158885.00 41193.94 119305.05 2013-03-31 IRR Billion [+]
Gross Fixed Capital Formation 527189.00 2012-11-15 383930.00 527189.00 928.35 471614.25 2013-03-31 IRR Billion [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Iran Consumer Price Index (CPI) at 186.60 Index Points  
Consumer Price Index (CPI) in Iran increased to 186.60 Index Points in March of 2014 from 184.30 Index Points in February of 2014. Consumer Price Index (CPI) in Iran is reported by the Central Bank of Iran.
Iran Consumer Spending at 285488.00 IRR Billion  
Consumer Spending in Iran decreased to 285488 IRR Billion in the fourth quarter of 2012 from 290513 IRR Billion in the third quarter of 2012. Consumer Spending in Iran is reported by the Central Bank of Iran.
Iran Crude Oil Production at 3200.00 Thousands Barrels per Day  
Crude Oil Production in Iran remained unchanged at 3200 Thousands Barrels per Day in December of 2013 from 3200 Thousands Barrels per Day in November of 2013. Crude Oil Production in Iran is reported by the U.S. Energy Information Administration.
Iran Gdp Constant Prices at 122114.00 IRR Billion  
Gdp Constant Prices in Iran decreased to 122114 IRR Billion in the fourth quarter of 2012 from 127637 IRR Billion in the third quarter of 2012. Gdp Constant Prices in Iran is reported by the Central Bank of Iran.
Iran Gross Fixed Capital Formation at 527189.00 IRR Billion  
Gross Fixed Capital Formation in Iran increased to 527189 IRR Billion in the fourth quarter of 2012 from 383930 IRR Billion in the third quarter of 2012. Gross Fixed Capital Formation in Iran is reported by the Central Bank of Iran.
Iran Producer Prices at 510.20 Index Points  
Producer Prices in Iran increased to 510.20 Index Points in March of 2014 from 505.90 Index Points in February of 2014. Producer Prices in Iran is reported by the Central Bank of Iran.
Iran Current Account at 6092.00 USD Million  
Iran recorded a Current Account surplus of 6092 USD Million in the first quarter of 2013. Current Account in Iran is reported by the Central Bank of Iran.
Iran Inflation Rate at 22.80 Percent  
The inflation rate in Iran was recorded at 22.80 percent in February of 2014. Inflation Rate in Iran is reported by the Central Bank of Iran.
Iran Government Budget at -0.78 Percent of GDP  
Iran recorded a Government Budget deficit equal to 0.78 percent of the country's Gross Domestic Product in 2013. Government Budget in Iran is reported by the Central Bank of Iran.
Iran Current Account to GDP at 8.12 Percent  
Iran recorded a Current Account surplus of 8.12 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Iran is reported by the Central Bank of Iran.
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