Economy
See also: Economy of Iran, Iranian Economic Reform Plan, and Next Eleven| Name | Rank | Out of | Source | Notes | Year |
|---|---|---|---|---|---|
| GDP (PPP) | 18 | 193 | World Bank | GDP (PPP)= 843.86 billion dollars | 2009 |
| GDP (PPP) per capita | 59 | 166 | World Bank | GDP (PPP) per capita= $11,666; More info: Iran's GDP/Capita from 1800 to 2009 | 2008 |
| GDP (nominal) | 26 | 182 | World Bank | GDP (nominal)= 385.2 billion dollars; Iran will be the world's 16th largest economy in GDP (nominal) terms by 2025 Iran's GDP (nominal) forecast according to EIU: 2010=$411 billion, 2011=$472 billion, 2012=$545 billion, 2013=$626 billion, 2014=$705 billion, 2015=$804 billion; | 2008 |
| GDP (nominal) per capita | 73 | 170 | World Bank | GDP (nominal) per capita= $5,441; Iran's GDP (nominal) per capita will reach US $32,676 by 2050; | 2008 |
| GDP (PPP) per person employed | 36 | 87 | CIA World Factbook | US $39,696 per person employed; 33% of the total population is employed | 2009 |
| GNI per capita (PPP) | 57 | World | World Bank | Average national income (PPP) of $11,490 per person/Year | 2009 |
| GNI per capita (nominal) | 93 | World | World Bank | Iran's 2007 GNI (nominal) per capita=US $4,530; More info: Iran's GNI (nominal) per capita will be~ US $12,000 by 2025, Iran GNI world comparison map | 2007 |
| GDP growth rate | 68 | 182 | International Monetary Fund | GDP growth of 20.6% (Not adjusted) | 2009 |
| GDP (real) growth rate | 47 | 217 | CIA World Factbook | Adjusted GDP (real) growth rate of 6.5%; See also: 1990-2007 annualized GDP growth rate | 2008 |
| Real GDP per capita growth rate | 99 | 174 | World Bank | Iran's real GDP per capita growth rate=3.1% | 2006 |
| World's largest consumer markets | 26 | World | United Nations | Size of Iran's consumer market in 2009 was ~US $196 billion; More info: Goldman Sachs N11 Paper | 2009 |
| Starting a Business Index | 48 | World | World Bank | The index measures the ease of starting up a new business | 2010 |
| Ease of Doing Business Index | 137 | 183 | World Bank | The survey was done indirectly &/or by estimation | 2010 |
| Business freedom index | 77 | World | Freedom Meta-Index | Index measuring freedom for private businesses | 2011 |
| Prime lending rate | 76 | 153 | CIA World Factbook | Prime lending rate of 12% | 2007 |
| Human Development Index | 70 | 182 | United Nations / UN Human Development Report 2010 | Human development index of 0.702; Categorized among High-HDI countries; Iran ranks 3rd worldwide in terms of progress in its Human Development Index for the past three decades | 2010 |
| Human Poverty Index | 59 | 135 | United Nations / Complete Report | HPI is a composite index measuring deprivations in the three basic dimensions: a long & healthy life, knowledge and a decent standard of living; Calculated using HPI-1 formula; Ranked from least poverty index to maximum poverty index; More info: HDR for Iran | 2009 |
| National wealth per capita | 88 | World | World Bank | Iran's per capita national wealth=US $38,000 | 2000 |
| Income equality | 47 | World | United Nations | Iran had a Gini coefficient of 43; Iran's Gini became 38.3 in 2007 as per UN HDR-2009 | 1998 |
| Least Inflation Rates | 83 | World | IMF | Inflation rate of ~8% More info: Iranian online consumer price monitor | 2010 |
| Government Budget | 32 | 188 | CIA World Factbook | Government revenue of $97.7 billion in 2009; 2010-2011 Total Government Budget of $347 billion More info: Government of Iran | 2009 |
| Highest government budget surplus | 4 | World | CIA World Factbook | Government budget surplus of 3.9 billion US dollars | 2009 |
| List of countries by received FDI | 74 | World | CIA World Factbook | ~6.96 billion dollars of Foreign Direct Investment in Iran by foreign entities. Iran ranked sixth globally in 2010 in attracting foreign investments. | 2008 |
| List of countries by FDI abroad | 65 | World | CIA World Factbook | 993 million dollars invested by Iranian entities outside of Iran | 2008 |
| Size of Sovereign Wealth Funds | 20 | 36 | Sovereign Wealth Funds Institute | Sovereign wealth fund of 23 billion dollars in oil stabilization fund (OSF); see also: National Development Fund | 2009 |
| Investment as % of GDP | 36 | 145 | CIA World Factbook | Share of gross fixed investment as % of GDP: 27.7% | 2008 |
| Exports per capita | 71 | 154 | CIA World Factbook | $797 of exports per capita/Year | 2006 |
| Tax revenue as % of GDP | 163 | World | Heritage Foundation | Government tax revenue as % of GDP=7.3%. More info: Taxation in Iran | 2008 |
| Current account balance | 4 | 191 | International Monetary Fund | Annual account balance of +70.797 billion dollars in surplus | 2010 |
| current account balance as % of GDP | 38 | World | International Monetary Fund | Current account balance as % of GDP= +4.05%; Iran has the world's 38th largest trade surplus as % of GDP | 2008 |
| General government final consumption expenditure | 38 | 145 | World Bank | General government final consumption is the total government expenditure excluding capital investments; Iran: 15,826,440,000 constant 2000 US$ | 2005 |
| Gold reserve of government | 8 | World | International Monetary Fund | 907 tonnes of Gold reserves; More info: Gold reserves of Iran, Iranian Crown Jewels | 2012 |
| Foreign exchange reserves | 20 | World | World Bank | $120 billion of forex reserves, More info: Central Bank of Iran | 2012 |
| List of countries by imports | 43 | 193 | CIA World Factbook | Annual import bill of $67.79 billion | 2008 |
| List of countries by exports | 35 | 194 | CIA World Factbook | Total annual exports of $70.16 billion | 2009 |
| Unemployment rate | 75 | World | United Nations | Unemployment rate of 11.3%; Ranked from highest unemployment rate to lowest. | 2009 |
| Difficulty of hiring index | 10 | 154 | Doing Business & World Bank | Measures the difficulty to hire workers; Index of Iran: 78 | 2004 |
| Difficulty of firing index | 118 | 154 | Doing Business & World Bank | Measures the difficulty to fire workers; Index of Iran: 10 | 2004 |
| Primary exports as % of manufactured exports | 9 | 117 | World Bank | Primary export is 93% of total manufactured exports, mostly oil | 2000 |
| Compensation of employees as % of total business expenses | 14 | 135 | World Bank | 47.14% of business expense is employee compensation | 2005 |
| GDP sector composition | 35 | 197 | CIA World Factbook | Agriculture=11.2%; Industry= 41.7% ; Service= 47.1%; Share of oil related activity in total GDP is less than 10% | 2005 |
| Real Growth in Total Trade | 73 | World | World Bank | The average annual growth rate of the total exports and imports in goods and services at constant 2000 U.S. dollars; This indicator reflects the trade expansion of a country over the period | 2008 |
| Public debt as % of GDP | 114 | World | CIA World Factbook | Total public debt stands at 16.2% of GDP; Ranked from highest total government debt to lowest. | 2010 |
| Total external debt | 84 | World | CIA World Factbook | Ranked from the highest debt to lowest; Total external debt of 12.84 billion dollars; Or 3.7% of GDP; Or $166 per person; 4th least indebted country in the world by external debt to GDP ratio | 2010 |
| Total Debt Service | 33 | 135 | World Bank | Approximately $2.52 billion paid/year to foreign creditors in interest & principal repayment | 2005 |
| $ external debt as /$1000 of GDP | 174 | 186 | CIA World Factbook | $61.60/$1000 of GDP | 2006 |
| Labour force | 22 | 185 | CIA World Factbook | Total labour force of 24.35 million people, more info: Labor and tax laws in Iran | 2008 |
| % of Industry in total Labour force | 15 | 139 | World Bank | 30.4% of labour force work in industry | 2005 |
| % of Agriculture in total labour force | 47 | 139 | World Bank | 24.9% of labour force work in agriculture | 2005 |
| % of female employment in industry | 5 | 130 | World Bank | 28.4% of all industrial labour force is female | 2005 |
| % of female employment in agriculture | 29 | 130 | World Bank | 34.2% of all agricultural labour force is female | 2005 |
| Economic activity growth of females | 6 | 156 | International Labour Organization | 34% growth of female participation in economic activities | 1990–2000 |
| Retirement pension as % of GDP | 56 | 58 | United Nations/IMF | Iran spends 1.1% of its GDP on national pensions; 5% of Iran's population is 65 yrs old & above; In 2009 for every retiree there were fifteen active workers & by 2050 this ratio is going to fall to three workers per retiree | 2009 |
| Index of Economic Freedom | 171 | 179 | 2008 Heritage Foundation Index of economic freedom | 2011 | |
| World's highest central bank interest rates | 75 | World | CIA World Factbook | Annualized interest rate set by the central bank to charge commercial banks for short term loans; More info: Banking and Insurance in Iran | 2011 |
| World's highest commercial bank interest rates | 76 | World | CIA World Factbook | Averaged annualized interest rate charged by the commercial banks on new loans to their most trustworthy customers; More info: Bank Melli Iran | 2007 |
| Gross savings as % of Gross National Income | 6 | 172 | World Bank | Gross savings of 41.57% of GNI | 2005 |
| Highest Marginal Tax Rate on High Income | 6 | 109 | World Bank | 6th highest marginal tax rate for individual income exceeding 114,101.4$; More info: Labour and tax laws in Iran | 2006 |
| Taxes on income, profits and capital gains as % of total taxes | 11 | 137 | World Bank | Ratio: 58.84% | 2005 |
| Number of micro, small & medium enterprises | 21 | 115 | World Bank | 1,255,382 Enterprises | 1997 |
| Number of micro, small & medium enterprises/1000 people | 68 | 113 | World Bank | 20.62 Enterprises/1000 people | 1997 |
| International aid received as % of national GDP | 120 | 129 | OECD | International aid received is less than 0.1% of GDP; ~$100 million; The only international aid received is as part of international fight against drug trafficking and Illegal drug trade, chiefly opiates smuggling | 2002 |
| Largest Islamic Banking Sector | 1 | World | The Banker | Iran has the world's largest Islamic banking sector valued at 235.5 billion US dollars | 2009 |
| Least valued currency units | 4 | World | International Monetary Fund | Iranian rial is the world's 4th least valued currency unit; More info: Iranian rial | 2009 |
| World's largest black markets | 19 | World | Havocscope Black Markets Database | Size of Iran's black market is over US $10.64 billion; Largest black markets in Iran are that of alcohol smuggling ($912.5 million), Drug smuggling ($8.5 billion), Petroleum smuggling ($1.3 billion), Cigarette smuggling, Prostitution, Arms trafficking, Corruption, Pirated movies and Software piracy. More info: Smuggling in Iran | 2009 |
| Freedom from taxes index | 69 | World | Freedom Meta-Index | Index measuring tax free status of different countries | 2011 |
Read more about this topic: International Rankings Of Iran
Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)