Iran, Islamic Rep.: Merchandise trade (% of GDP)
In , Iran, Islamic Rep.'s Merchandise trade (% of GDP) was 38.29.
That's up 7.3% from 2023, the highest value since .
The global average for this indicator in 2024 was 64.89 . Iran, Islamic Rep. ranks #147 globally out of 197 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #16 of 22.
Source: World Bank Open Data (TG.VAL.TOTL.GD.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 44.35
- Trough
- 24.23
- 1-year change
- +7.3%
- 5-year change
- +23.9%
- +4.4% / yr
- 10-year change
- +17.8%
- +1.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise trade (% of GDP) |
|---|---|
| 38.2892 | |
| 35.6676 | |
| 37.0594 | |
| 29.6383 | |
| 30.4957 | |
| 30.9051 | |
| 37.0900 | |
| 27.8816 | |
| 24.2329 | |
| 28.1560 |
About Merchandise trade (% of GDP)
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: TG.VAL.TOTL.GD.ZS • Category: Trade & Finance
Frequently asked questions
- What was Iran, Islamic Rep.'s Merchandise trade (% of GDP) in 2024?
- In 2024, Iran, Islamic Rep.'s Merchandise trade (% of GDP) was 38.29, according to World Bank Open Data.
- Is Iran, Islamic Rep.'s Merchandise trade (% of GDP) rising or falling?
- Iran, Islamic Rep.'s Merchandise trade (% of GDP) rose 7.3% from 2023 to 2024.
- How does Iran, Islamic Rep. rank globally on Merchandise trade (% of GDP)?
- In 2024, Iran, Islamic Rep. ranked #147 out of 197 countries reporting Merchandise trade (% of GDP).
- How does Iran, Islamic Rep.'s Merchandise trade (% of GDP) compare to the world average?
- The global average for Merchandise trade (% of GDP) in 2024 was 64.89, so Iran, Islamic Rep. is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #16 of 22.
- What is Merchandise trade (% of GDP) and how is it measured?
- General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (TG.VAL.TOTL.GD.ZS), CC BY 4.0.