Current account balance (credit less debit), Percent of GDP (Balance) in Iran
Iran: Current account balance (credit less debit), Percent of GDP (Balance) was 3 in 2030. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in Iran, 2000–2030
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), percent of gdp (balance) in Iran is 3, measured in 2030.
That represents a change of up 272.2% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in Iran peaked at 8.1 in 2011 and was at its lowest, -1.74, in 2020.
That places Iran 6th out of 32 countries with data for 2030, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP (Balance) in Iran, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.79 | — |
| 2001 | 1.48 | -46.9% |
| 2002 | 2.21 | +49.4% |
| 2003 | 0.4221 | -80.9% |
| 2004 | 0.6253 | +48.2% |
| 2005 | 5.57 | +790.7% |
| 2006 | 6.31 | +13.2% |
| 2007 | 7.57 | +20.1% |
| 2008 | 4.58 | -39.5% |
| 2009 | 1.86 | -59.3% |
| 2010 | 4.6 | +147.3% |
| 2011 | 8.1 | +76.0% |
| 2012 | 4.8 | -40.8% |
| 2013 | 5.08 | +5.8% |
| 2014 | 2.55 | -49.8% |
| 2015 | 0.2624 | -89.7% |
| 2016 | 2.77 | +956.2% |
| 2017 | 2.94 | +6.0% |
| 2018 | 7.63 | +159.9% |
| 2019 | -0.6552 | -108.6% |
| 2020 | -1.74 | +166.0% |
| 2021 | 3.63 | -308.1% |
| 2022 | 3.52 | -2.9% |
| 2023 | 2.04 | -42.1% |
| 2024 | 3.2 | +57.1% |
| 2025 | 1.8 | -43.8% |
| 2026 | 2 | +11.1% |
| 2027 | 2.6 | +30.0% |
| 2028 | 3 | +15.4% |
| 2029 | 3 | +0.0% |
| 2030 | 3 | +0.0% |
Iran compared with similar countries
- Iran's 3 is above the median for upper middle income countries, which is -2.68. (10 countries reporting)
- Iran's 3 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -0.3292. (20 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Percent of GDP (Balance) in Iran changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +956.2% | 0.2624 | 2.77 |
| 2005 | +790.7% | 0.6253 | 5.57 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.34 | 0.4221 | 7.57 | 10 |
| 2010s | 3.81 | -0.6552 | 8.1 | 10 |
| 2020s | 2.3 | -1.74 | 3.63 | 10 |
| 2030s | 3 | 3 | 3 | 1 |
Countries ranked near Iran
More financial sector data for Iran
- Net domestic credit (current LCU), per capita 121.84 million current LCU per person (2016)
- Net domestic credit (current LCU), per unit of GDP 21,336 current LCU per US$ of GDP (2016)
- Net domestic credit (current LCU), annual growth rate 30.52 % change on previous year (2016)
- Gold reserves at 35 SDRs per ounce 169.47 million SDR (1995)
- Gold reserves at market value 1.26 billion SDR (1995)
- Reserves excluding gold, foreign exchange 4.79 billion SDR (1982)
- Reserves excluding gold 5.17 billion SDR (1982)
- Total reserves (gold at market value) 6.97 billion SDR (1982)
- Total reserves (gold at national valuation) 5.32 billion SDR (1982)
- Total reserves (gold at national valuation) (SDR), per capita 120.17 SDR per person (1982)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in Iran?
- Current account balance (credit less debit), percent of gdp (balance) in Iran was 3 in 2030, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in Iran?
- The highest recorded value was 8.1 in 2011.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in Iran?
- The lowest recorded value was -1.74 in 2020.
- How does Iran rank for current account balance (credit less debit), percent of gdp (balance)?
- Iran ranks 6th out of 32 countries with data for 2030.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in Iran?
- Over the last ten years it is up 272.2%. The long-run trend across the full record is volatile.
- Where does this Iran data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
The Middle East and Central Asia Department Regional Economic Outlook (MCDREO) provides information on recent economic developments and prospects for 32 countries and territories: Afghanistan, Algeria, Armenia, Azerbaijan, Bahrain, Djibouti, Egypt, Georgia, Islamic Republic of Iran, Iraq, Jordan, Kazakhstan, Kuwait, Kyrgyz Republic, Lebanon, Libya, Mauritania, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Somalia, Sudan, Syrian Arab Republic, Tajikistan, Tunisia, Turkmenistan, United Arab Emirates, Uzbekistan, West Bank and Gaza, and Yemen. These countries and territories are divided into two main nonoverlapping groups, based on export earnings, namely (1) oil exporters; and (2) oil importers. The oil importers group comprises (1) emerging market and middle-income countries (EM&MI) and (2) low-income countries (LICs) based on the income level. Additional analytical and regional groups might be used to provide a more granular breakdown for analysis and continuity.