Iran - Exports of goods and services (% of GDP)

Exports of goods and services (% of GDP) in Iran was 22.77 as of 2020. Its highest value over the past 60 years was 47.37 in 1974, while its lowest value was 3.73 in 1986.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 13.85
1961 13.73
1962 14.50
1963 15.33
1964 16.40
1965 16.15
1966 16.29
1967 17.30
1968 17.48
1969 18.03
1970 18.47
1971 23.11
1972 22.95
1973 33.44
1974 47.37
1975 40.74
1976 37.21
1977 30.80
1978 23.47
1979 26.75
1980 13.74
1981 12.37
1982 17.09
1983 14.53
1984 11.31
1985 8.88
1986 3.73
1987 9.16
1988 7.29
1989 9.83
1990 13.28
1991 13.82
1992 13.16
1993 25.41
1994 28.29
1995 21.68
1996 20.20
1997 17.28
1998 12.68
1999 19.29
2000 21.47
2001 19.30
2002 24.41
2003 24.63
2004 25.27
2005 30.33
2006 29.87
2007 28.84
2008 26.58
2009 22.71
2010 24.40
2011 25.63
2012 24.13
2013 26.88
2014 23.14
2015 19.74
2016 22.40
2017 24.94
2018 33.23
2019 25.27
2020 22.77

Limitations and Exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics.

Statistical Concept and Methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts