Current Account to GDP in Iran decreased to -0.50 percent in 2020 from 1.10 percent in 2019. source: Central Bank of Iran

Current Account to GDP in Iran averaged 1.55 percent from 1980 until 2020, reaching an all time high of 10.45 percent in 2011 and a record low of -14.77 percent in 1992. This page provides - Iran Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iran Current Account to GDP - values, historical data and charts - was last updated on June of 2022.

Current Account to GDP in Iran is expected to reach -3.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iran Current Account to GDP is projected to trend around -1.00 percent of GDP in 2022 and -2.50 percent of GDP in 2023, according to our econometric models.

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Iran Current Account to GDP



Related Last Previous Unit Reference
Balance of Trade 3813.00 4260.00 USD Million Sep 2022
Current Account 5997.00 3534.00 USD Million Sep 2021
Current Account to GDP -0.50 1.10 percent of GDP Dec 2020
Exports 18850.00 17285.00 USD Million Sep 2022
Imports 15010.00 13025.00 USD Million Sep 2022
Oil Exports 21043.00 29016.00 USD Million Dec 2020
Non Oil Exports 28805.00 30375.00 USD Million Dec 2020
Foreign Direct Investment 1224.00 905.60 USD Million Dec 2020
External Debt 9142.00 9031.30 USD Million Dec 2020

Iran Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-0.50 1.10 10.45 -14.77 1980 - 2020 percent of GDP Yearly