Iran GDPIran GDPIran GDP

Iran GDP

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About Iran GDP

Category
GDP
Frequency
Annual
Units
USD
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.

Frequently Asked Questions

One of the ways to count Iran GDP is to add up its consumer spending, business investment, government spending, and net exports.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Iran GDP has ever reached is 644.04 B USD.
The lowest ever value Iran GDP has reached is 4.2 B USD.