Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Iran economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Iran best banks and safest banks are also available.

A nation rich in natural resources, Iran wrestles with complex economic realities. Following years of economic downturns, there are now signs of a rebound in the nation’s GDP, partly spurred by rising oil and gas prices. Yet, the country’s access to the global marketplace remains constricted due to international sanctions, and rampant inflation continues to erode purchasing power and deter investment.

Despite these hurdles, great potential lies within the service, manufacturing and agriculture sectors. Iran also boasts a pool of skilled labor force in its young and educated population. Yet, the promise of this potential is overshadowed by high unemployment and widespread poverty, as well as complex bureaucracy and limited economic freedoms.

The chart at left compares Iran’s debt-to-GDP ratio to the regional average. It illustrates how the country has been successful at keeping its debt burden in line with its national productive capacity.