Iran's economy is shaped by its large energy reserves, manufacturing base, and agricultural production, but it faces ongoing constraints due to international sanctions and limited external trade. Oil and gas remain central, providing major revenue when export conditions allow. Industry includes petrochemicals, automotive production, steel, mining, and food processing. Agriculture produces staples such as pistachios, saffron, fruits, and grains. Despite inflation, currency volatility, and investment barriers, the country continues developing domestic industries, expanding renewable energy, and diversifying technology and manufacturing capabilities.
World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year Iran GDP statistics.