Iran recorded a Current Account surplus of 1.30 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Iran averaged 1.55 percent from 1980 until 2018, reaching an all time high of 10.45 percent in 2011 and a record low of -14.77 percent in 1992.
Current Account to GDP in Iran is expected to be 0.50 percent by the end of this quarter, 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 -0.50 percent in 2020, according to our econometric models.
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. This page provides - Iran Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iran Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on April of 2019.